diff --git a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/EventFilterDetails.java b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/EventFilterDetails.java
index 8b573a986c..b747c69dff 100644
--- a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/EventFilterDetails.java
+++ b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/EventFilterDetails.java
@@ -16,7 +16,9 @@
 package io.javaoperatorsdk.operator.processing.event.source.informer;
 
 import java.util.Optional;
+import java.util.function.UnaryOperator;
 
+import io.fabric8.kubernetes.api.model.HasMetadata;
 import io.javaoperatorsdk.operator.ReconcilerUtilsInternal;
 import io.javaoperatorsdk.operator.processing.event.source.controller.ResourceEvent;
 
@@ -24,12 +26,26 @@ class EventFilterDetails {
 
   private int activeUpdates = 0;
   private ResourceEvent lastEvent;
+  private String lastOwnUpdatedResourceVersion;
 
   public void increaseActiveUpdates() {
     activeUpdates = activeUpdates + 1;
   }
 
-  public boolean decreaseActiveUpdates() {
+  /**
+   * resourceVersion is needed for case when multiple parallel updates happening inside the
+   * controller to prevent race condition and send event from {@link
+   * ManagedInformerEventSource#eventFilteringUpdateAndCacheResource(HasMetadata, UnaryOperator)}
+   */
+  public boolean decreaseActiveUpdates(String updatedResourceVersion) {
+    if (updatedResourceVersion != null
+        && (lastOwnUpdatedResourceVersion == null
+            || ReconcilerUtilsInternal.compareResourceVersions(
+                    updatedResourceVersion, lastOwnUpdatedResourceVersion)
+                > 0)) {
+      lastOwnUpdatedResourceVersion = updatedResourceVersion;
+    }
+
     activeUpdates = activeUpdates - 1;
     return activeUpdates == 0;
   }
@@ -38,15 +54,19 @@ public void setLastEvent(ResourceEvent event) {
     lastEvent = event;
   }
 
-  public Optional<ResourceEvent> getLatestEventAfterLastUpdateEvent(String updatedResourceVersion) {
+  public Optional<ResourceEvent> getLatestEventAfterLastUpdateEvent() {
     if (lastEvent != null
-        && (updatedResourceVersion == null
+        && (lastOwnUpdatedResourceVersion == null
             || ReconcilerUtilsInternal.compareResourceVersions(
                     lastEvent.getResource().orElseThrow().getMetadata().getResourceVersion(),
-                    updatedResourceVersion)
+                    lastOwnUpdatedResourceVersion)
                 > 0)) {
       return Optional.of(lastEvent);
     }
     return Optional.empty();
   }
+
+  public int getActiveUpdates() {
+    return activeUpdates;
+  }
 }
diff --git a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/ManagedInformerEventSource.java b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/ManagedInformerEventSource.java
index dcfe687a2f..301ece4424 100644
--- a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/ManagedInformerEventSource.java
+++ b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/ManagedInformerEventSource.java
@@ -93,9 +93,7 @@ public void changeNamespaces(Set<String> namespaces) {
   @SuppressWarnings("unchecked")
   public R eventFilteringUpdateAndCacheResource(R resourceToUpdate, UnaryOperator<R> updateMethod) {
     ResourceID id = ResourceID.fromResource(resourceToUpdate);
-    if (log.isDebugEnabled()) {
-      log.debug("Update and cache: {}", id);
-    }
+    log.debug("Update and cache: {}", id);
     R updatedResource = null;
     try {
       temporaryResourceCache.startEventFilteringModify(id);
diff --git a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/TemporaryResourceCache.java b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/TemporaryResourceCache.java
index 6e1d30c323..1dbbf36043 100644
--- a/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/TemporaryResourceCache.java
+++ b/operator-framework-core/src/main/java/io/javaoperatorsdk/operator/processing/event/source/informer/TemporaryResourceCache.java
@@ -85,12 +85,22 @@ public synchronized Optional<ResourceEvent> doneEventFilterModify(
       return Optional.empty();
     }
     var ed = activeUpdates.get(resourceID);
-    if (ed.decreaseActiveUpdates()) {
-      activeUpdates.remove(resourceID);
-      return ed.getLatestEventAfterLastUpdateEvent(updatedResourceVersion);
-    } else {
+    if (ed == null || !ed.decreaseActiveUpdates(updatedResourceVersion)) {
+      log.debug(
+          "Active updates {} for resource id: {}",
+          ed != null ? ed.getActiveUpdates() : 0,
+          resourceID);
       return Optional.empty();
     }
+    activeUpdates.remove(resourceID);
+    var res = ed.getLatestEventAfterLastUpdateEvent();
+    log.debug(
+        "Zero active updates for resource id: {}; event after update event: {}; updated resource"
+            + " version: {}",
+        resourceID,
+        res.isPresent(),
+        updatedResourceVersion);
+    return res;
   }
 
   public void onDeleteEvent(T resource, boolean unknownState) {
diff --git a/operator-framework-core/src/test/java/io/javaoperatorsdk/operator/processing/event/source/informer/InformerEventSourceTest.java b/operator-framework-core/src/test/java/io/javaoperatorsdk/operator/processing/event/source/informer/InformerEventSourceTest.java
index e2c3de8975..c3a6f8e91e 100644
--- a/operator-framework-core/src/test/java/io/javaoperatorsdk/operator/processing/event/source/informer/InformerEventSourceTest.java
+++ b/operator-framework-core/src/test/java/io/javaoperatorsdk/operator/processing/event/source/informer/InformerEventSourceTest.java
@@ -267,14 +267,83 @@ void filterAddEventBeforeUpdate() {
     assertNoEventProduced();
   }
 
+  @Test
+  void multipleCachingFilteringUpdates() {
+    withRealTemporaryResourceCache();
+    CountDownLatch latch = sendForEventFilteringUpdate(2);
+    CountDownLatch latch2 =
+        sendForEventFilteringUpdate(withResourceVersion(testDeployment(), 2), 3);
+
+    informerEventSource.onUpdate(
+        deploymentWithResourceVersion(1), deploymentWithResourceVersion(2));
+    latch.countDown();
+    latch2.countDown();
+    informerEventSource.onUpdate(
+        deploymentWithResourceVersion(2), deploymentWithResourceVersion(3));
+
+    assertNoEventProduced();
+  }
+
+  @Test
+  void multipleCachingFilteringUpdates_variant2() {
+    withRealTemporaryResourceCache();
+
+    CountDownLatch latch = sendForEventFilteringUpdate(2);
+    CountDownLatch latch2 =
+        sendForEventFilteringUpdate(withResourceVersion(testDeployment(), 2), 3);
+
+    informerEventSource.onUpdate(
+        deploymentWithResourceVersion(1), deploymentWithResourceVersion(2));
+    latch.countDown();
+    informerEventSource.onUpdate(
+        deploymentWithResourceVersion(2), deploymentWithResourceVersion(3));
+    latch2.countDown();
+
+    assertNoEventProduced();
+  }
+
+  @Test
+  void multipleCachingFilteringUpdates_variant3() {
+    withRealTemporaryResourceCache();
+
+    CountDownLatch latch = sendForEventFilteringUpdate(2);
+    CountDownLatch latch2 =
+        sendForEventFilteringUpdate(withResourceVersion(testDeployment(), 2), 3);
+
+    latch.countDown();
+    informerEventSource.onUpdate(
+        deploymentWithResourceVersion(1), deploymentWithResourceVersion(2));
+    informerEventSource.onUpdate(
+        deploymentWithResourceVersion(2), deploymentWithResourceVersion(3));
+    latch2.countDown();
+
+    assertNoEventProduced();
+  }
+
+  @Test
+  void multipleCachingFilteringUpdates_variant4() {
+    withRealTemporaryResourceCache();
+
+    CountDownLatch latch = sendForEventFilteringUpdate(2);
+    CountDownLatch latch2 =
+        sendForEventFilteringUpdate(withResourceVersion(testDeployment(), 2), 3);
+
+    informerEventSource.onUpdate(
+        deploymentWithResourceVersion(1), deploymentWithResourceVersion(2));
+    informerEventSource.onUpdate(
+        deploymentWithResourceVersion(2), deploymentWithResourceVersion(3));
+    latch.countDown();
+    latch2.countDown();
+
+    assertNoEventProduced();
+  }
+
   private void assertNoEventProduced() {
     await()
         .pollDelay(Duration.ofMillis(50))
         .timeout(Duration.ofMillis(51))
         .untilAsserted(
-            () -> {
-              verify(informerEventSource, never()).handleEvent(any(), any(), any(), any());
-            });
+            () -> verify(informerEventSource, never()).handleEvent(any(), any(), any(), any()));
   }
 
   private void expectHandleEvent(int newResourceVersion, int oldResourceVersion) {