diff --git a/mm/kfence/core.c b/mm/kfence/core.c
index 84555b8233ef..f26f55850ad7 100644
--- a/mm/kfence/core.c
+++ b/mm/kfence/core.c
@@ -113,6 +113,8 @@ enum kfence_counter_id {
 	KFENCE_COUNTER_FREES,
 	KFENCE_COUNTER_ZOMBIES,
 	KFENCE_COUNTER_BUGS,
+	KFENCE_COUNTER_SKIP_INCOMPAT,
+	KFENCE_COUNTER_SKIP_CAPACITY,
 	KFENCE_COUNTER_COUNT,
 };
 static atomic_long_t counters[KFENCE_COUNTER_COUNT];
@@ -122,6 +124,8 @@ static const char *const counter_names[] = {
 	[KFENCE_COUNTER_FREES]		= "total frees",
 	[KFENCE_COUNTER_ZOMBIES]	= "zombie allocations",
 	[KFENCE_COUNTER_BUGS]		= "total bugs",
+	[KFENCE_COUNTER_SKIP_INCOMPAT]	= "skipped allocations (incompatible)",
+	[KFENCE_COUNTER_SKIP_CAPACITY]	= "skipped allocations (capacity)",
 };
 static_assert(ARRAY_SIZE(counter_names) == KFENCE_COUNTER_COUNT);
 
@@ -272,8 +276,10 @@ static void *kfence_guarded_alloc(struct kmem_cache *cache, size_t size, gfp_t g
 		list_del_init(&meta->list);
 	}
 	raw_spin_unlock_irqrestore(&kfence_freelist_lock, flags);
-	if (!meta)
+	if (!meta) {
+		atomic_long_inc(&counters[KFENCE_COUNTER_SKIP_CAPACITY]);
 		return NULL;
+	}
 
 	if (unlikely(!raw_spin_trylock_irqsave(&meta->lock, flags))) {
 		/*
@@ -744,8 +750,10 @@ void *__kfence_alloc(struct kmem_cache *s, size_t size, gfp_t flags)
 	 * Perform size check before switching kfence_allocation_gate, so that
 	 * we don't disable KFENCE without making an allocation.
 	 */
-	if (size > PAGE_SIZE)
+	if (size > PAGE_SIZE) {
+		atomic_long_inc(&counters[KFENCE_COUNTER_SKIP_INCOMPAT]);
 		return NULL;
+	}
 
 	/*
 	 * Skip allocations from non-default zones, including DMA. We cannot
@@ -753,8 +761,10 @@ void *__kfence_alloc(struct kmem_cache *s, size_t size, gfp_t flags)
 	 * properties (e.g. reside in DMAable memory).
 	 */
 	if ((flags & GFP_ZONEMASK) ||
-	    (s->flags & (SLAB_CACHE_DMA | SLAB_CACHE_DMA32)))
+	    (s->flags & (SLAB_CACHE_DMA | SLAB_CACHE_DMA32))) {
+		atomic_long_inc(&counters[KFENCE_COUNTER_SKIP_INCOMPAT]);
 		return NULL;
+	}
 
 	if (atomic_inc_return(&kfence_allocation_gate) > 1)
 		return NULL;