diff --git a/lib/src/main/java/growthbook/sdk/java/FeatureEvaluator.java b/lib/src/main/java/growthbook/sdk/java/FeatureEvaluator.java
index 8e6de298..362ba5c7 100644
--- a/lib/src/main/java/growthbook/sdk/java/FeatureEvaluator.java
+++ b/lib/src/main/java/growthbook/sdk/java/FeatureEvaluator.java
@@ -11,6 +11,8 @@
 import java.util.List;
 import java.util.HashSet;
 import java.util.Map;
+import java.util.concurrent.ConcurrentHashMap;
+import java.util.concurrent.atomic.AtomicReference;
 
 /**
  * <b>INTERNAL</b>: Implementation of feature evaluation.
@@ -21,6 +23,63 @@
 class FeatureEvaluator implements IFeatureEvaluator {
 
     private final GrowthBookJsonUtils jsonUtils = GrowthBookJsonUtils.getInstance();
+
+    /**
+     * Deserialized feature definitions, shared across evaluators.
+     *
+     * <p>Deserializing a feature definition is the dominant cost of evaluation — profiling a caller
+     * that evaluates ~50 features per request found 44% of process CPU in {@code evaluateFeature},
+     * three quarters of it inside {@code Gson.fromJson} — and the result depends only on the feature
+     * JSON, never on the context or attributes. Callers that build a GrowthBook instance per
+     * evaluation (a common pattern, since the context carries per-request attributes) otherwise
+     * re-parse the same definitions on every call.
+     *
+     * <p>The cache is static because a {@link FeatureEvaluator} is created per {@link GrowthBook},
+     * so a per-instance cache would never be reused by those callers. It is keyed by feature name
+     * and scoped to one features document, identified by reference: when the SDK is handed a
+     * different features object — a refresh from the API, or a call to
+     * {@link GBContext#setFeatures} — the whole map is replaced rather than invalidated entry by
+     * entry. Reference identity is deliberate; {@code JsonObject.equals} would walk the entire tree
+     * and cost as much as the parse it is meant to avoid.
+     *
+     * <p>Entries are safe to share: {@link Feature} exposes only final fields and nothing in
+     * evaluation mutates a feature or its rules.
+     */
+    private static final AtomicReference<ParsedFeatures> PARSED_FEATURES = new AtomicReference<>();
+
+    private static final class ParsedFeatures {
+        private final JsonObject source;
+        private final ConcurrentHashMap<String, Feature<?>> byKey = new ConcurrentHashMap<>();
+
+        private ParsedFeatures(JsonObject source) {
+            this.source = source;
+        }
+    }
+
+    /**
+     * Returns the deserialized definition for {@code key}, parsing it only the first time it is seen
+     * for this features document.
+     */
+    @SuppressWarnings("unchecked")
+    private <ValueType> Feature<ValueType> parseFeature(
+            JsonObject featuresJson,
+            String key,
+            JsonElement featureJson
+    ) {
+        ParsedFeatures parsed = PARSED_FEATURES.get();
+        if (parsed == null || parsed.source != featuresJson) {
+            parsed = new ParsedFeatures(featuresJson);
+            PARSED_FEATURES.set(parsed);
+        }
+
+        // computeIfAbsent stores nothing when the mapper returns null, so an unparseable definition
+        // falls through to the caller's existing null handling instead of being memoized.
+        return (Feature<ValueType>) parsed.byKey.computeIfAbsent(
+                key,
+                unused -> jsonUtils.gson.fromJson(featureJson, Feature.class)
+        );
+    }
+
     private final ConditionEvaluator conditionEvaluator = new ConditionEvaluator();
     private final ExperimentEvaluator experimentEvaluator = new ExperimentEvaluator();
     private final FeatureEvalContext featureEvalContext = new FeatureEvalContext(null, new HashSet<>());
@@ -112,7 +171,7 @@ public <ValueType> FeatureResult<ValueType> evaluateFeature(
                 return defaultValueFeature;
             }
 
-            Feature<ValueType> feature = jsonUtils.gson.fromJson(featureJson, Feature.class);
+            Feature<ValueType> feature = parseFeature(featuresJson, key, featureJson);
             if (feature == null) {
                 // When key exists but there is no value, should be default value with null value
                 if (featureUsageCallback != null) {
diff --git a/lib/src/test/java/growthbook/sdk/java/FeatureEvaluatorParsedFeatureCacheTest.java b/lib/src/test/java/growthbook/sdk/java/FeatureEvaluatorParsedFeatureCacheTest.java
new file mode 100644
index 00000000..a428428f
--- /dev/null
+++ b/lib/src/test/java/growthbook/sdk/java/FeatureEvaluatorParsedFeatureCacheTest.java
@@ -0,0 +1,90 @@
+package growthbook.sdk.java;
+
+import static org.junit.jupiter.api.Assertions.assertEquals;
+import static org.junit.jupiter.api.Assertions.assertNotNull;
+
+import com.google.gson.JsonObject;
+import org.junit.jupiter.api.Test;
+
+/**
+ * Covers the deserialized-feature cache in {@link FeatureEvaluator}.
+ *
+ * <p>Deserializing a feature definition dominates evaluation cost, and the result depends only on
+ * the feature JSON. The cache exists so that a caller building a GrowthBook per evaluation — which
+ * is what you do when the context carries per-request attributes — does not re-parse the same
+ * definitions on every call. These tests pin the two properties that make it safe: a changed
+ * features document must not be served from the old cache, and caching must not change what
+ * evaluation returns.
+ */
+class FeatureEvaluatorParsedFeatureCacheTest {
+
+    private static final String FEATURE_KEY = "cached_feature";
+
+    private GBContext contextReturning(String defaultValue) {
+        return GBContext
+                .builder()
+                .featuresJson("{\"" + FEATURE_KEY + "\":{\"defaultValue\":\"" + defaultValue + "\"}}")
+                .attributesJson("{\"id\":\"user-1\"}")
+                .build();
+    }
+
+    @Test
+    void repeatedEvaluationsAgainstOneFeaturesDocumentReturnTheSameValue() {
+        FeatureEvaluator evaluator = new FeatureEvaluator();
+        GBContext context = contextReturning("hello");
+
+        for (int i = 0; i < 5; i++) {
+            FeatureResult<String> result =
+                    evaluator.evaluateFeature(FEATURE_KEY, context, String.class, new JsonObject());
+            assertNotNull(result);
+            assertEquals("hello", result.getValue());
+        }
+    }
+
+    /**
+     * The cache is scoped to a features document by reference, so replacing the document has to
+     * replace the cache. If it did not, a feature refresh would keep serving stale definitions for
+     * the lifetime of the process — the worst possible failure for a feature flag system.
+     */
+    @Test
+    void replacingTheFeaturesDocumentReplacesTheCachedDefinition() {
+        FeatureEvaluator evaluator = new FeatureEvaluator();
+
+        FeatureResult<String> before = evaluator.evaluateFeature(
+                FEATURE_KEY, contextReturning("old"), String.class, new JsonObject());
+        FeatureResult<String> after = evaluator.evaluateFeature(
+                FEATURE_KEY, contextReturning("new"), String.class, new JsonObject());
+
+        assertEquals("old", before.getValue());
+        assertEquals("new", after.getValue());
+    }
+
+    /**
+     * Callers that construct a GrowthBook per evaluation get a fresh FeatureEvaluator each time,
+     * which is exactly the case the cache is static for.
+     */
+    @Test
+    void separateEvaluatorsShareTheCacheWithoutAffectingResults() {
+        GBContext context = contextReturning("shared");
+
+        FeatureResult<String> first = new FeatureEvaluator()
+                .evaluateFeature(FEATURE_KEY, context, String.class, new JsonObject());
+        FeatureResult<String> second = new FeatureEvaluator()
+                .evaluateFeature(FEATURE_KEY, context, String.class, new JsonObject());
+
+        assertEquals("shared", first.getValue());
+        assertEquals("shared", second.getValue());
+    }
+
+    @Test
+    void anUnknownKeyIsStillUnknownAfterAnotherKeyHasBeenCached() {
+        FeatureEvaluator evaluator = new FeatureEvaluator();
+        GBContext context = contextReturning("hello");
+
+        evaluator.evaluateFeature(FEATURE_KEY, context, String.class, new JsonObject());
+        FeatureResult<String> unknown =
+                evaluator.evaluateFeature("no_such_feature", context, String.class, new JsonObject());
+
+        assertEquals(FeatureResultSource.UNKNOWN_FEATURE, unknown.getSource());
+    }
+}