diff --git a/mm/page_alloc.c b/mm/page_alloc.c
index 2d4b6f1a554e..d88c8c67ac0b 100644
--- a/mm/page_alloc.c
+++ b/mm/page_alloc.c
@@ -5136,7 +5136,7 @@ unsigned long alloc_pages_bulk_noprof(gfp_t gfp, int preferred_nid,
 
 		cond_accept_memory(zone, 0, alloc_flags);
 retry_this_zone:
-		mark = wmark_pages(zone, alloc_flags & ALLOC_WMARK_MASK) + nr_pages;
+		mark = wmark_pages(zone, alloc_flags & ALLOC_WMARK_MASK) + nr_pages - nr_populated;
 		if (zone_watermark_fast(zone, 0,  mark,
 				zonelist_zone_idx(ac.preferred_zoneref),
 				alloc_flags, gfp)) {