diff --git a/csharp/src/Google.Protobuf/JsonTokenizer.cs b/csharp/src/Google.Protobuf/JsonTokenizer.cs
index 16daa5626da66..d80eed98bddfa 100644
--- a/csharp/src/Google.Protobuf/JsonTokenizer.cs
+++ b/csharp/src/Google.Protobuf/JsonTokenizer.cs
@@ -301,7 +301,8 @@ private void ValidateState(State validStates, string errorPrefix)
             /// </summary>
             private string ReadString()
             {
-                var value = new StringBuilder();
+                //builder will not be released in case of an exception, but this is not a problem and we will create new on next Acquire
+                var builder = StringBuilderCache.Acquire();
                 bool haveHighSurrogate = false;
                 while (true)
                 {
@@ -316,7 +317,7 @@ private string ReadString()
                         {
                             throw reader.CreateException("Invalid use of surrogate pair code units");
                         }
-                        return value.ToString();
+                        return StringBuilderCache.GetStringAndRelease(builder);
                     }
                     if (c == '\\')
                     {
@@ -330,7 +331,7 @@ private string ReadString()
                         throw reader.CreateException("Invalid use of surrogate pair code units");
                     }
                     haveHighSurrogate = char.IsHighSurrogate(c);
-                    value.Append(c);
+                    builder.Append(c);
                 }
             }
 
@@ -408,7 +409,8 @@ private void ConsumeLiteral(string text)
 
             private double ReadNumber(char initialCharacter)
             {
-                StringBuilder builder = new StringBuilder();
+                //builder will not be released in case of an exception, but this is not a problem and we will create new on next Acquire
+                var builder = StringBuilderCache.Acquire();
                 if (initialCharacter == '-')
                 {
                     builder.Append("-");
@@ -437,9 +439,10 @@ private double ReadNumber(char initialCharacter)
                 }
 
                 // TODO: What exception should we throw if the value can't be represented as a double?
+                var builderValue = StringBuilderCache.GetStringAndRelease(builder);
                 try
                 {
-                    double result = double.Parse(builder.ToString(),
+                    double result = double.Parse(builderValue,
                         NumberStyles.AllowLeadingSign | NumberStyles.AllowDecimalPoint | NumberStyles.AllowExponent,
                         CultureInfo.InvariantCulture);
 
@@ -447,14 +450,14 @@ private double ReadNumber(char initialCharacter)
                     // For compatibility with other Protobuf implementations the tokenizer should still throw.
                     if (double.IsInfinity(result))
                     {
-                        throw reader.CreateException("Numeric value out of range: " + builder);
+                        throw reader.CreateException("Numeric value out of range: " + builderValue);
                     }
 
                     return result;
                 }
                 catch (OverflowException)
                 {
-                    throw reader.CreateException("Numeric value out of range: " + builder);
+                    throw reader.CreateException("Numeric value out of range: " + builderValue);
                 }
             }
 
@@ -728,6 +731,59 @@ internal InvalidJsonException CreateException(string message)
                     return new InvalidJsonException(message);
                 }
             }
+
+            /// <summary>
+            /// Provide a cached reusable instance of stringbuilder per thread.
+            /// Copied from https://github.com/dotnet/runtime/blob/main/src/libraries/Common/src/System/Text/StringBuilderCache.cs
+            /// </summary>
+            private static class StringBuilderCache
+            {
+                private const int MaxCachedStringBuilderSize = 360;
+                private const int DefaultStringBuilderCapacity = 16; // == StringBuilder.DefaultCapacity
+
+                [ThreadStatic]
+                private static StringBuilder cachedInstance;
+
+                /// <summary>Get a StringBuilder for the specified capacity.</summary>
+                /// <remarks>If a StringBuilder of an appropriate size is cached, it will be returned and the cache emptied.</remarks>
+                public static StringBuilder Acquire(int capacity = DefaultStringBuilderCapacity)
+                {
+                    if (capacity <= MaxCachedStringBuilderSize)
+                    {
+                        StringBuilder sb = cachedInstance;
+                        if (sb != null)
+                        {
+                            // Avoid stringbuilder block fragmentation by getting a new StringBuilder
+                            // when the requested size is larger than the current capacity
+                            if (capacity <= sb.Capacity)
+                            {
+                                cachedInstance = null;
+                                sb.Clear();
+                                return sb;
+                            }
+                        }
+                    }
+
+                    return new StringBuilder(capacity);
+                }
+
+                /// <summary>Place the specified builder in the cache if it is not too big.</summary>
+                private static void Release(StringBuilder sb)
+                {
+                    if (sb.Capacity <= MaxCachedStringBuilderSize)
+                    {
+                        cachedInstance = cachedInstance?.Capacity >= sb.Capacity ? cachedInstance : sb;
+                    }
+                }
+
+                /// <summary>ToString() the stringbuilder, Release it to the cache, and return the resulting string.</summary>
+                public static string GetStringAndRelease(StringBuilder sb)
+                {
+                    string result = sb.ToString();
+                    Release(sb);
+                    return result;
+                }
+            }
         }
     }
 }