diff --git a/drivers/iio/dac/m62332.c b/drivers/iio/dac/m62332.c
index 7e80c0eb5cc1..60bb672b70e2 100644
--- a/drivers/iio/dac/m62332.c
+++ b/drivers/iio/dac/m62332.c
@@ -32,6 +32,7 @@ static int m62332_set_value(struct iio_dev *indio_dev, u8 val, int channel)
 {
 	struct m62332_data *data = iio_priv(indio_dev);
 	struct i2c_client *client = data->client;
+	bool enabling, disabling;
 	u8 outbuf[2];
 	int res;
 
@@ -43,7 +44,10 @@ static int m62332_set_value(struct iio_dev *indio_dev, u8 val, int channel)
 
 	mutex_lock(&data->mutex);
 
-	if (val) {
+	enabling = val && !data->raw[channel];
+	disabling = !val && data->raw[channel];
+
+	if (enabling) {
 		res = regulator_enable(data->vcc);
 		if (res)
 			goto out;
@@ -52,14 +56,17 @@ static int m62332_set_value(struct iio_dev *indio_dev, u8 val, int channel)
 	res = i2c_master_send(client, outbuf, ARRAY_SIZE(outbuf));
 	if (res >= 0 && res != ARRAY_SIZE(outbuf))
 		res = -EIO;
-	if (res < 0)
+	if (res < 0) {
+		if (enabling)
+			regulator_disable(data->vcc);
 		goto out;
+	}
+
+	if (disabling)
+		regulator_disable(data->vcc);
 
 	data->raw[channel] = val;
 
-	if (!val)
-		regulator_disable(data->vcc);
-
 	mutex_unlock(&data->mutex);
 
 	return 0;