diff --git a/drivers/net/ethernet/intel/ice/ice_ptp.c b/drivers/net/ethernet/intel/ice/ice_ptp.c
index ec3d89d8d4d3..1469038bc895 100644
--- a/drivers/net/ethernet/intel/ice/ice_ptp.c
+++ b/drivers/net/ethernet/intel/ice/ice_ptp.c
@@ -346,7 +346,7 @@ static u64 ice_ptp_extend_40b_ts(struct ice_pf *pf, u64 in_tstamp)
 		return 0;
 	}
 
-	return ice_ptp_extend_32b_ts(pf->ptp.cached_phc_time,
+	return ice_ptp_extend_32b_ts(READ_ONCE(pf->ptp.cached_phc_time),
 				     (in_tstamp >> 8) & mask);
 }