diff --git a/sql/core/src/main/scala/org/apache/spark/sql/execution/CollectMetricsExec.scala b/sql/core/src/main/scala/org/apache/spark/sql/execution/CollectMetricsExec.scala
index fd89be2368af..fdf399d589ca 100644
--- a/sql/core/src/main/scala/org/apache/spark/sql/execution/CollectMetricsExec.scala
+++ b/sql/core/src/main/scala/org/apache/spark/sql/execution/CollectMetricsExec.scala
@@ -42,6 +42,8 @@ case class CollectMetricsExec(
     acc
   }
 
+  private var collectedMetricsRow: Row = _
+
   private[sql] def accumulatorId: Long = {
     accumulator.id
   }
@@ -56,7 +58,14 @@ case class CollectMetricsExec(
       .asInstanceOf[InternalRow => Row]
   }
 
-  def collectedMetrics: Row = toRowConverter(accumulator.value)
+  def collectedMetrics: Row = {
+    accumulator.synchronized {
+      if (collectedMetricsRow == null) {
+        collectedMetricsRow = toRowConverter(accumulator.value)
+      }
+      collectedMetricsRow
+    }
+  }
 
   override def output: Seq[Attribute] = child.output
 
@@ -65,7 +74,10 @@ case class CollectMetricsExec(
   override def outputOrdering: Seq[SortOrder] = child.outputOrdering
 
   override def resetMetrics(): Unit = {
-    accumulator.reset()
+    accumulator.synchronized {
+      accumulator.reset()
+      collectedMetricsRow = null
+    }
     super.resetMetrics()
   }
 
diff --git a/sql/core/src/main/scala/org/apache/spark/sql/execution/QueryExecution.scala b/sql/core/src/main/scala/org/apache/spark/sql/execution/QueryExecution.scala
index 27d6eec46b69..9e96ba4948aa 100644
--- a/sql/core/src/main/scala/org/apache/spark/sql/execution/QueryExecution.scala
+++ b/sql/core/src/main/scala/org/apache/spark/sql/execution/QueryExecution.scala
@@ -20,7 +20,6 @@ package org.apache.spark.sql.execution
 import java.io.{BufferedWriter, OutputStreamWriter}
 import java.util.UUID
 import java.util.concurrent.atomic.AtomicLong
-import javax.annotation.concurrent.GuardedBy
 
 import scala.util.control.NonFatal
 
@@ -298,13 +297,8 @@ class QueryExecution(
    */
   def toRdd: RDD[InternalRow] = lazyToRdd.get
 
-  private val observedMetricsLock = new Object
-
   /** Get the metrics observed during the execution of the query plan. */
-  @GuardedBy("observedMetricsLock")
-  def observedMetrics: Map[String, Row] = observedMetricsLock.synchronized {
-    CollectMetricsExec.collect(executedPlan)
-  }
+  def observedMetrics: Map[String, Row] = CollectMetricsExec.collect(executedPlan)
 
   protected def preparations: Seq[Rule[SparkPlan]] = {
     QueryExecution.preparations(sparkSession,
diff --git a/sql/core/src/test/scala/org/apache/spark/sql/DatasetSuite.scala b/sql/core/src/test/scala/org/apache/spark/sql/DatasetSuite.scala
index 941fd2205424..abdf07fd3da8 100644
--- a/sql/core/src/test/scala/org/apache/spark/sql/DatasetSuite.scala
+++ b/sql/core/src/test/scala/org/apache/spark/sql/DatasetSuite.scala
@@ -19,9 +19,12 @@ package org.apache.spark.sql
 
 import java.io.{Externalizable, ObjectInput, ObjectOutput}
 import java.sql.{Date, Timestamp}
+import java.util.concurrent.Executors
 
 import scala.collection.immutable.HashSet
 import scala.collection.mutable
+import scala.concurrent.{ExecutionContext, Future}
+import scala.concurrent.duration.Duration
 import scala.jdk.CollectionConverters._
 import scala.reflect.ClassTag
 import scala.util.Random
@@ -44,7 +47,7 @@ import org.apache.spark.sql.catalyst.expressions.{CodegenObjectFactoryMode, Expr
 import org.apache.spark.sql.catalyst.plans.JoinType
 import org.apache.spark.sql.catalyst.trees.DataFrameQueryContext
 import org.apache.spark.sql.catalyst.util.sideBySide
-import org.apache.spark.sql.execution.{LogicalRDD, RDDScanExec, SQLExecution}
+import org.apache.spark.sql.execution.{CollectMetricsExec, LogicalRDD, RDDScanExec, SQLExecution}
 import org.apache.spark.sql.execution.adaptive.AdaptiveSparkPlanHelper
 import org.apache.spark.sql.execution.exchange.{BroadcastExchangeExec, ShuffleExchangeExec}
 import org.apache.spark.sql.execution.streaming.runtime.MemoryStream
@@ -55,6 +58,7 @@ import org.apache.spark.sql.test.SharedSparkSession
 import org.apache.spark.sql.types._
 import org.apache.spark.storage.StorageLevel
 import org.apache.spark.util.ArrayImplicits._
+import org.apache.spark.util.SparkThreadUtils
 
 case class TestDataPoint(x: Int, y: Double, s: String, t: TestDataPoint2)
 case class TestDataPoint2(x: Int, s: String)
@@ -1075,6 +1079,28 @@ class DatasetSuite extends QueryTest
     assert(namedObservation2.get === expected2)
   }
 
+  test("SPARK-54353: concurrent CollectMetricsExec.collect()") {
+    val df = spark
+      .range(10)
+      .observe(Observation("result"), map(lit("count"), count(lit(1))))
+    df.collect()
+    val threadPool = Executors.newFixedThreadPool(2)
+    val executionContext = ExecutionContext.fromExecutorService(threadPool)
+    try {
+      Seq(
+        Future { CollectMetricsExec.collect(df.queryExecution.executedPlan) }(executionContext),
+        Future { CollectMetricsExec.collect(df.queryExecution.executedPlan) }(executionContext)
+      ).foreach { future =>
+        val result = SparkThreadUtils.awaitResult(future, Duration.Inf)
+        assert(result.size === 1)
+        assert(result.get("result") === Some(Row(Map("count" -> 10))))
+      }
+    } finally {
+      executionContext.shutdown()
+      threadPool.shutdown()
+    }
+  }
+
   test("sample with replacement") {
     val n = 100
     val data = sparkContext.parallelize(1 to n, 2).toDS()