diff --git a/src/main/kotlin/zone/clanker/gradle/srcx/analysis/SourceFileMetadata.kt b/src/main/kotlin/zone/clanker/gradle/srcx/analysis/SourceFileMetadata.kt
index c35c374..29acab6 100644
--- a/src/main/kotlin/zone/clanker/gradle/srcx/analysis/SourceFileMetadata.kt
+++ b/src/main/kotlin/zone/clanker/gradle/srcx/analysis/SourceFileMetadata.kt
@@ -98,9 +98,9 @@ fun parseSourceFile(file: File, psiManager: PsiManager): SourceFileMetadata? {
  * Prefer the overload that accepts a [PsiManager] for batch parsing.
  */
 fun parseSourceFile(file: File): SourceFileMetadata? {
-    if (!file.isFile) return null
-    if (file.extension != "kt" && file.extension != "java") return null
-    return PsiEnvironment().use { env -> parseSourceFile(file, env.psiManager) }
+    if (!file.isFile || file.extension !in setOf("kt", "java")) return null
+    val env = PsiEnvironment.shared() ?: return null
+    return synchronized(env) { parseSourceFile(file, env.psiManager) }
 }
 
 /** Resolved type-level info from the first class/object in a Kotlin file. */
@@ -303,8 +303,8 @@ fun scanSources(srcDirs: List<File>): List<SourceFileMetadata> {
             }
     if (files.isEmpty()) return emptyList()
 
-    return PsiEnvironment().use { env ->
-        val psiManager = env.psiManager
-        files.mapNotNull { file -> parseSourceFile(file, psiManager) }
+    val env = PsiEnvironment.shared() ?: return emptyList()
+    return synchronized(env) {
+        files.mapNotNull { file -> parseSourceFile(file, env.psiManager) }
     }
 }
diff --git a/src/main/kotlin/zone/clanker/gradle/srcx/parse/PsiEnvironment.kt b/src/main/kotlin/zone/clanker/gradle/srcx/parse/PsiEnvironment.kt
index aa16b59..8c142d6 100644
--- a/src/main/kotlin/zone/clanker/gradle/srcx/parse/PsiEnvironment.kt
+++ b/src/main/kotlin/zone/clanker/gradle/srcx/parse/PsiEnvironment.kt
@@ -41,4 +41,44 @@ class PsiEnvironment : AutoCloseable {
     override fun close() {
         Disposer.dispose(disposable)
     }
+
+    companion object {
+        private val logger =
+            org.gradle.api.logging.Logging
+                .getLogger(PsiEnvironment::class.java)
+
+        @Volatile
+        private var shared: PsiEnvironment? = null
+        private val lock = Any()
+
+        /**
+         * Get or create a shared PsiEnvironment instance.
+         *
+         * The IntelliJ platform's ApplicationManager is not thread-safe,
+         * so we create exactly one instance and reuse it across all
+         * analysis calls. The lock ensures only one thread initializes.
+         */
+        fun shared(): PsiEnvironment? {
+            shared?.let { return it }
+            synchronized(lock) {
+                shared?.let { return it }
+                return runCatching { PsiEnvironment() }
+                    .onSuccess { shared = it }
+                    .onFailure { e ->
+                        logger.error(
+                            "srcx: PSI environment initialization failed: ${e.message}. " +
+                                "Hub classes and entry points will not be available.",
+                        )
+                    }.getOrNull()
+            }
+        }
+
+        /** Release the shared instance. Call once when all analysis is done. */
+        fun closeShared() {
+            synchronized(lock) {
+                shared?.close()
+                shared = null
+            }
+        }
+    }
 }
diff --git a/src/main/kotlin/zone/clanker/gradle/srcx/task/ContextTask.kt b/src/main/kotlin/zone/clanker/gradle/srcx/task/ContextTask.kt
index 2eef6c9..dddf216 100644
--- a/src/main/kotlin/zone/clanker/gradle/srcx/task/ContextTask.kt
+++ b/src/main/kotlin/zone/clanker/gradle/srcx/task/ContextTask.kt
@@ -157,6 +157,8 @@ abstract class ContextTask : DefaultTask() {
         writeSplitFiles(dir, summaryList, includedBuildSummaries, buildEdges, aggregatedSummary)
 
         ReportWriter.writeGitignore(root, outDir)
+        zone.clanker.gradle.srcx.parse.PsiEnvironment
+            .closeShared()
         logger.lifecycle("srcx: context written to $outDir/context.md")
     }