diff --git a/findmy/accessory.py b/findmy/accessory.py
index f859568..78b4b3c 100644
--- a/findmy/accessory.py
+++ b/findmy/accessory.py
@@ -377,6 +377,11 @@ def from_json(
 class _AccessoryKeyGenerator(KeyGenerator[KeyPair]):
     """KeyPair generator. Uses the same algorithm internally as FindMy accessories do."""
 
+    # cache enough keys for an entire week.
+    # every interval'th key is cached.
+    _CACHE_SIZE = 4 * 24 * 7  # 4 keys / hour
+    _CACHE_INTERVAL = 10
+
     def __init__(
         self,
         master_key: bytes,
@@ -401,8 +406,7 @@ def __init__(
         self._initial_sk = initial_sk
         self._key_type = key_type
 
-        self._cur_sk = initial_sk
-        self._cur_sk_ind = 0
+        self._sk_cache: dict[int, bytes] = {}
 
         self._iter_ind = 0
 
@@ -426,14 +430,33 @@ def _get_sk(self, ind: int) -> bytes:
             msg = "The key index must be non-negative"
             raise ValueError(msg)
 
-        if ind < self._cur_sk_ind:  # behind us; need to reset :(
-            self._cur_sk = self._initial_sk
-            self._cur_sk_ind = 0
+        # retrieve from cache
+        cached_sk = self._sk_cache.get(ind)
+        if cached_sk is not None:
+            return cached_sk
+
+        # not in cache: find largest cached index smaller than ind (if exists)
+        start_ind: int = 0
+        cur_sk: bytes = self._initial_sk
+        for cached_ind in self._sk_cache:
+            if cached_ind < ind and cached_ind > start_ind:
+                start_ind = cached_ind
+                cur_sk = self._sk_cache[cached_ind]
+
+        # compute and update cache
+        for cur_ind in range(start_ind, ind):
+            cur_sk = crypto.x963_kdf(cur_sk, b"update", 32)
+
+            # insert intermediate result into cache and evict oldest entry if necessary
+            if cur_ind % self._CACHE_INTERVAL == 0:
+                self._sk_cache[cur_ind] = cur_sk
+
+                if len(self._sk_cache) > self._CACHE_SIZE:
+                    # evict oldest entry
+                    oldest_ind = min(self._sk_cache.keys())
+                    del self._sk_cache[oldest_ind]
 
-        for _ in range(self._cur_sk_ind, ind):
-            self._cur_sk = crypto.x963_kdf(self._cur_sk, b"update", 32)
-            self._cur_sk_ind += 1
-        return self._cur_sk
+        return cur_sk
 
     def _get_keypair(self, ind: int) -> KeyPair:
         sk = self._get_sk(ind)
@@ -449,14 +472,14 @@ def _generate_keys(self, start: int, stop: int | None) -> Generator[KeyPair, Non
 
     @override
     def __iter__(self) -> KeyGenerator:
-        self._iter_ind = -1
         return self
 
     @override
     def __next__(self) -> KeyPair:
+        key = self._get_keypair(self._iter_ind)
         self._iter_ind += 1
 
-        return self._get_keypair(self._iter_ind)
+        return key
 
     @overload
     def __getitem__(self, val: int) -> KeyPair: ...