diff --git a/drivers/net/phy/sfp-bus.c b/drivers/net/phy/sfp-bus.c
index 0c6c0d1843bc..c1512c9925a6 100644
--- a/drivers/net/phy/sfp-bus.c
+++ b/drivers/net/phy/sfp-bus.c
@@ -651,6 +651,11 @@ struct sfp_bus *sfp_bus_find_fwnode(struct fwnode_handle *fwnode)
 	else if (ret < 0)
 		return ERR_PTR(ret);
 
+	if (!fwnode_device_is_available(ref.fwnode)) {
+		fwnode_handle_put(ref.fwnode);
+		return NULL;
+	}
+
 	bus = sfp_bus_get(ref.fwnode);
 	fwnode_handle_put(ref.fwnode);
 	if (!bus)