diff --git a/crates/pdf/src/editing.rs b/crates/pdf/src/editing.rs
index 979a2de1a..9b5600829 100644
--- a/crates/pdf/src/editing.rs
+++ b/crates/pdf/src/editing.rs
@@ -137,7 +137,18 @@ fn page_hash(pdf: &Pdf) -> String {
     for page in pdf.pages().iter() {
         let b = page.media_box();
         h = fnv(h, format!("[{} {} {} {}]", b.x0, b.y0, b.x1, b.y1).as_bytes());
-        h = fnv(h, page.page_stream().unwrap_or_default());
+        // Decode into a temporary rather than through `Page::page_stream`, which keeps every
+        // page's copy for as long as the PDF lives, even when pages share one stream.
+        let contents = page.raw();
+        if let Some(stream) = contents.get::<Stream<'_>>(b"Contents") {
+            h = fnv(h, stream.decoded().as_deref().unwrap_or_default());
+        } else if let Some(array) = contents.get::<Array<'_>>(b"Contents") {
+            for stream in array.iter::<Stream<'_>>() {
+                if let Ok(data) = stream.decoded() {
+                    h = fnv(fnv(h, &data), b" ");
+                }
+            }
+        }
     }
     format!("{h:016x}")
 }
diff --git a/crates/pdf/tests/editing_memory.rs b/crates/pdf/tests/editing_memory.rs
new file mode 100644
index 000000000..ee8e5d916
--- /dev/null
+++ b/crates/pdf/tests/editing_memory.rs
@@ -0,0 +1,79 @@
+//! Opening a PDF whose pages share one large content stream, with an editing file naming a page
+//! hash, keeps a working set that doesn't grow with the page count. One test in its own process,
+//! so the allocator's peak is this test's.
+// Integration tests: unwrapping and panicking on failure is fine here, unlike in shipped code (AGENTS.md › Robustness).
+#![allow(clippy::unwrap_used, clippy::expect_used, clippy::panic)]
+// A counting allocator forwards to the system one.
+#![allow(unsafe_code)]
+
+use std::alloc::{GlobalAlloc, Layout, System};
+use std::sync::atomic::{AtomicUsize, Ordering::Relaxed};
+
+use vectorcraft_pdf::{EDITING_FILE, editing_with};
+
+static LIVE: AtomicUsize = AtomicUsize::new(0);
+static PEAK: AtomicUsize = AtomicUsize::new(0);
+
+struct Counting;
+
+fn grew(n: usize) {
+    PEAK.fetch_max(LIVE.fetch_add(n, Relaxed) + n, Relaxed);
+}
+
+// SAFETY: every call is forwarded to the system allocator unchanged.
+unsafe impl GlobalAlloc for Counting {
+    unsafe fn alloc(&self, l: Layout) -> *mut u8 {
+        grew(l.size());
+        unsafe { System.alloc(l) }
+    }
+    unsafe fn dealloc(&self, p: *mut u8, l: Layout) {
+        LIVE.fetch_sub(l.size(), Relaxed);
+        unsafe { System.dealloc(p, l) }
+    }
+    unsafe fn realloc(&self, p: *mut u8, l: Layout, new: usize) -> *mut u8 {
+        LIVE.fetch_sub(l.size(), Relaxed);
+        grew(new);
+        unsafe { System.realloc(p, l, new) }
+    }
+}
+
+#[global_allocator]
+static ALLOC: Counting = Counting;
+
+fn raw_pdf(objects: &[String]) -> Vec<u8> {
+    let mut out = b"%PDF-1.7\n".to_vec();
+    let mut offsets = Vec::new();
+    for (i, body) in objects.iter().enumerate() {
+        offsets.push(out.len());
+        out.extend_from_slice(format!("{} 0 obj\n{body}\nendobj\n", i + 1).as_bytes());
+    }
+    let xref = out.len();
+    out.extend_from_slice(format!("xref\n0 {}\n0000000000 65535 f \n", objects.len() + 1).as_bytes());
+    for at in offsets {
+        out.extend_from_slice(format!("{at:010} 00000 n \n").as_bytes());
+    }
+    out.extend_from_slice(format!("trailer\n<< /Size {} /Root 1 0 R >>\nstartxref\n{xref}\n%%EOF\n", objects.len() + 1).as_bytes());
+    out
+}
+
+#[test]
+fn pages_sharing_one_stream_are_hashed_without_keeping_a_copy_each() {
+    const PAGES: usize = 12;
+    const STREAM: usize = 4 << 20;
+    let mut objects = vec![
+        "<< /Type /Catalog /Pages 2 0 R /Names << /EmbeddedFiles 3 0 R >> >>".to_string(),
+        format!("<< /Type /Pages /Kids [{}] /Count {PAGES} >>", (0..PAGES).map(|i| format!("{} 0 R ", i + 7)).collect::<String>()),
+        "<< /Names [(a) 4 0 R] >>".to_string(),
+        format!("<< /Type /Filespec /UF ({EDITING_FILE}) /Desc (VectorCraft editing data; page hash 0000000000000000) /EF << /F 5 0 R >> >>"),
+        "<< /Length 5 >>\nstream\nhello\nendstream".to_string(),
+        format!("<< /Length {STREAM} >>\nstream\n{}\nendstream", "q ".repeat(STREAM / 2)),
+    ];
+    objects.extend((0..PAGES).map(|_| "<< /Type /Page /Parent 2 0 R /MediaBox [0 0 10 10] /Contents 6 0 R >>".to_string()));
+    let bytes = raw_pdf(&objects);
+    let base = LIVE.load(Relaxed);
+    PEAK.store(base, Relaxed);
+    let e = editing_with(&bytes, None).unwrap();
+    let extra = PEAK.load(Relaxed) - base;
+    assert_eq!(e.data, b"hello");
+    assert!(extra < 4 * STREAM, "peak {extra} bytes above the input: each page kept its own decoded copy");
+}