diff --git a/mm/huge_memory.c b/mm/huge_memory.c
index f31f02472396e..4f542444a91f2 100644
--- a/mm/huge_memory.c
+++ b/mm/huge_memory.c
@@ -2769,13 +2769,15 @@ int split_huge_page_to_list(struct page *page, struct list_head *list)
 			int nr = folio_nr_pages(folio);
 
 			xas_split(&xas, folio, folio_order(folio));
-			if (folio_test_swapbacked(folio)) {
-				__lruvec_stat_mod_folio(folio, NR_SHMEM_THPS,
-							-nr);
-			} else {
-				__lruvec_stat_mod_folio(folio, NR_FILE_THPS,
-							-nr);
-				filemap_nr_thps_dec(mapping);
+			if (folio_test_pmd_mappable(folio)) {
+				if (folio_test_swapbacked(folio)) {
+					__lruvec_stat_mod_folio(folio,
+							NR_SHMEM_THPS, -nr);
+				} else {
+					__lruvec_stat_mod_folio(folio,
+							NR_FILE_THPS, -nr);
+					filemap_nr_thps_dec(mapping);
+				}
 			}
 		}