diff --git a/llvm/lib/CodeGen/MachinePipeliner.cpp b/llvm/lib/CodeGen/MachinePipeliner.cpp
index 527f1e4cfe0e..34e6c6327b5d 100644
--- a/llvm/lib/CodeGen/MachinePipeliner.cpp
+++ b/llvm/lib/CodeGen/MachinePipeliner.cpp
@@ -2723,7 +2723,8 @@ void SwingSchedulerDAG::generateExistingPhis(
         int LVNumStages = Schedule.getStagesForPhi(LoopVal);
         int StageDiff = (StageScheduled - LoopValStage);
         LVNumStages -= StageDiff;
-        if (LVNumStages > (int)np) {
+        // Make sure the loop value Phi has been processed already.
+        if (LVNumStages > (int)np && VRMap[CurStageNum].count(LoopVal)) {
           NewReg = PhiOp2;
           unsigned ReuseStage = CurStageNum;
           if (Schedule.isLoopCarried(this, *PhiInst))
diff --git a/llvm/test/CodeGen/Hexagon/swp-reuse-phi-5.ll b/llvm/test/CodeGen/Hexagon/swp-reuse-phi-5.ll
new file mode 100644
index 000000000000..fcbf72ae3194
--- /dev/null
+++ b/llvm/test/CodeGen/Hexagon/swp-reuse-phi-5.ll
@@ -0,0 +1,44 @@
+; RUN: llc -march=hexagon -hexagon-bit=false < %s
+; REQUIRES: asserts
+
+; Fix for an undefined virtual register assert that was caused by an
+; incorrect phi generated by the pipeliner. In this case, there is a
+; phi that defines a value used by another phi in the next iteration.
+; The pipeliner code for generating new phis was assuming that the
+; definition is processed before the use, so an incorrect value was
+; used.
+
+; Function Attrs: nounwind
+define void @f0() local_unnamed_addr #0 {
+b0:
+  br label %b1
+
+b1:                                               ; preds = %b1, %b0
+  %v0 = phi i64 [ 0, %b0 ], [ %v5, %b1 ]
+  %v1 = phi i64 [ undef, %b0 ], [ %v9, %b1 ]
+  %v2 = phi i32 [ 0, %b0 ], [ %v10, %b1 ]
+  %v3 = phi i32 [ undef, %b0 ], [ %v4, %b1 ]
+  %v4 = phi i32 [ undef, %b0 ], [ %v8, %b1 ]
+  %v5 = tail call i64 @llvm.hexagon.M2.vdmacs.s0(i64 %v0, i64 %v1, i64 undef)
+  %v6 = tail call i64 @llvm.hexagon.A2.combinew(i32 %v3, i32 %v3)
+  %v7 = tail call i64 @llvm.hexagon.M2.vdmacs.s0(i64 undef, i64 %v6, i64 undef)
+  %v8 = tail call i32 @llvm.hexagon.A2.combine.ll(i32 undef, i32 undef)
+  %v9 = tail call i64 @llvm.hexagon.A2.combinew(i32 %v8, i32 %v4)
+  %v10 = add nuw nsw i32 %v2, 1
+  %v11 = icmp eq i32 %v10, undef
+  br i1 %v11, label %b2, label %b1
+
+b2:                                               ; preds = %b1
+  %v12 = lshr i64 %v7, 32
+  %v13 = trunc i64 %v12 to i32
+  store i32 %v13, i32* undef, align 4
+  %v14 = lshr i64 %v5, 32
+  ret void
+}
+
+declare i32 @llvm.hexagon.A2.combine.ll(i32, i32) #1
+declare i64 @llvm.hexagon.A2.combinew(i32, i32) #1
+declare i64 @llvm.hexagon.M2.vdmacs.s0(i64, i64, i64) #1
+
+attributes #0 = { nounwind "target-cpu"="hexagonv65" }
+attributes #1 = { nounwind readnone }