diff --git a/arch/s390/kernel/perf_cpum_sf.c b/arch/s390/kernel/perf_cpum_sf.c
index 5b765e3ccf0c..3317f4878eaa 100644
--- a/arch/s390/kernel/perf_cpum_sf.c
+++ b/arch/s390/kernel/perf_cpum_sf.c
@@ -759,7 +759,6 @@ static int __hw_perf_event_init(struct perf_event *event)
 		reserve_pmc_hardware();
 		refcount_set(&num_events, 1);
 	}
-	mutex_unlock(&pmc_reserve_mutex);
 	event->destroy = hw_perf_event_destroy;
 
 	/* Access per-CPU sampling information (query sampling info) */
@@ -848,6 +847,7 @@ static int __hw_perf_event_init(struct perf_event *event)
 		if (is_default_overflow_handler(event))
 			event->overflow_handler = cpumsf_output_event_pid;
 out:
+	mutex_unlock(&pmc_reserve_mutex);
 	return err;
 }