diff --git a/internal/gitmetadata.go b/internal/gitmetadata.go
index 6dabe6a444..570138d8ad 100644
--- a/internal/gitmetadata.go
+++ b/internal/gitmetadata.go
@@ -43,8 +43,14 @@ var (
 	lock = sync.Mutex{}
 
 	gitMetadataTags map[string]string
+	binMetadataTags map[string]string
 )
 
+func init() {
+	// Binary metadata is extracted only once
+	binMetadataTags = getTagsFromBinary(debug.ReadBuildInfo)
+}
+
 func updateTags(tags map[string]string, key string, value string) {
 	if _, ok := tags[key]; !ok && value != "" {
 		tags[key] = value
@@ -76,11 +82,13 @@ func getTagsFromDDTags() map[string]string {
 	}
 }
 
-// getTagsFromBinary extracts git metadata from binary metadata
-func getTagsFromBinary() map[string]string {
+// getTagsFromBinary extracts git metadata from binary metadata.
+// It assumes it's running under a locked mutex.
+func getTagsFromBinary(readBuildInfo func() (*debug.BuildInfo, bool)) map[string]string {
 	res := make(map[string]string)
-	info, ok := debug.ReadBuildInfo()
+	info, ok := readBuildInfo()
 	if !ok {
+		// Initialize buildInfo to avoid multiple calls to debug.ReadBuildInfo.
 		log.Debug("ReadBuildInfo failed, skip source code metadata extracting")
 		return res
 	}
@@ -116,7 +124,7 @@ func GetGitMetadataTags() map[string]string {
 	if BoolEnv(EnvGitMetadataEnabledFlag, true) {
 		updateAllTags(gitMetadataTags, getTagsFromEnv())
 		updateAllTags(gitMetadataTags, getTagsFromDDTags())
-		updateAllTags(gitMetadataTags, getTagsFromBinary())
+		updateAllTags(gitMetadataTags, binMetadataTags)
 	}
 
 	return gitMetadataTags
diff --git a/internal/gitmetadata_test.go b/internal/gitmetadata_test.go
index 4577674c63..2e5efb1d12 100644
--- a/internal/gitmetadata_test.go
+++ b/internal/gitmetadata_test.go
@@ -6,6 +6,7 @@
 package internal
 
 import (
+	"runtime/debug"
 	"testing"
 
 	"github.com/stretchr/testify/assert"
@@ -54,3 +55,62 @@ func TestRemoveCredentials(t *testing.T) {
 		})
 	}
 }
+
+func TestGetTagsFromBinary(t *testing.T) {
+	testCases := []struct {
+		name     string
+		in       string
+		expected map[string]string
+	}{
+		{
+			name:     "empty build info",
+			expected: map[string]string{},
+		},
+		{
+			name: "build info with module path",
+			expected: map[string]string{
+				TagGoPath: "github.com/DataDog/dd-trace-go",
+			},
+		},
+		{
+			name: "build info with module path and git repository",
+			expected: map[string]string{
+				TagGoPath:    "github.com/DataDog/dd-trace-go",
+				TagCommitSha: "123456",
+			},
+		},
+	}
+	for _, tc := range testCases {
+		t.Run(tc.name, func(t *testing.T) {
+			readBuildInfo := func() (*debug.BuildInfo, bool) {
+				info := &debug.BuildInfo{
+					Settings: []debug.BuildSetting{
+						{
+							Key:   "vcs",
+							Value: "git",
+						},
+					},
+				}
+				if tc.expected[TagGoPath] != "" {
+					info.Path = tc.expected[TagGoPath]
+				}
+				if tc.expected[TagCommitSha] != "" {
+					info.Settings = append(info.Settings, debug.BuildSetting{
+						Key:   "vcs.revision",
+						Value: tc.expected[TagCommitSha],
+					})
+				}
+				return info, true
+			}
+			tags := getTagsFromBinary(readBuildInfo)
+			assert.Subset(t, tags, tc.expected)
+		})
+	}
+}
+
+func BenchmarkGetGitMetadataTags(b *testing.B) {
+	b.Setenv(EnvGitMetadataEnabledFlag, "true")
+	for i := 0; i < b.N; i++ {
+		GetGitMetadataTags()
+	}
+}