diff --git a/drivers/net/phy/phy_device.c b/drivers/net/phy/phy_device.c
index 31ef3e47edf6..27f1f0b5b8f6 100644
--- a/drivers/net/phy/phy_device.c
+++ b/drivers/net/phy/phy_device.c
@@ -125,6 +125,8 @@ static int mdio_bus_phy_suspend(struct device *dev)
 	if (!mdio_bus_phy_may_suspend(phydev))
 		return 0;
 
+	phydev->suspended_by_mdio_bus = true;
+
 	return phy_suspend(phydev);
 }
 
@@ -133,9 +135,11 @@ static int mdio_bus_phy_resume(struct device *dev)
 	struct phy_device *phydev = to_phy_device(dev);
 	int ret;
 
-	if (!mdio_bus_phy_may_suspend(phydev))
+	if (!phydev->suspended_by_mdio_bus)
 		goto no_resume;
 
+	phydev->suspended_by_mdio_bus = false;
+
 	ret = phy_resume(phydev);
 	if (ret < 0)
 		return ret;
diff --git a/include/linux/phy.h b/include/linux/phy.h
index efc04c2d92c9..8b6850707e62 100644
--- a/include/linux/phy.h
+++ b/include/linux/phy.h
@@ -372,6 +372,7 @@ struct phy_c45_device_ids {
  * is_pseudo_fixed_link: Set to true if this phy is an Ethernet switch, etc.
  * has_fixups: Set to true if this phy has fixups/quirks.
  * suspended: Set to true if this phy has been suspended successfully.
+ * suspended_by_mdio_bus: Set to true if this phy was suspended by MDIO bus.
  * sysfs_links: Internal boolean tracking sysfs symbolic links setup/removal.
  * loopback_enabled: Set true if this phy has been loopbacked successfully.
  * state: state of the PHY for management purposes
@@ -410,6 +411,7 @@ struct phy_device {
 	bool is_pseudo_fixed_link;
 	bool has_fixups;
 	bool suspended;
+	bool suspended_by_mdio_bus;
 	bool sysfs_links;
 	bool loopback_enabled;