diff --git a/drivers/s390/scsi/zfcp_qdio.c b/drivers/s390/scsi/zfcp_qdio.c
index d3d110a0488400118b54af2ec32a214c2f66ac1b..e78d65bd46b167437abaf27d9ea252c057835021 100644
--- a/drivers/s390/scsi/zfcp_qdio.c
+++ b/drivers/s390/scsi/zfcp_qdio.c
@@ -260,17 +260,20 @@ int zfcp_qdio_send(struct zfcp_qdio *qdio, struct zfcp_qdio_req *q_req)
 	zfcp_qdio_account(qdio);
 	spin_unlock(&qdio->stat_lock);
 
+	atomic_sub(sbal_number, &qdio->req_q_free);
+
 	retval = do_QDIO(qdio->adapter->ccw_device, QDIO_FLAG_SYNC_OUTPUT, 0,
 			 q_req->sbal_first, sbal_number);
 
 	if (unlikely(retval)) {
+		/* Failed to submit the IO, roll back our modifications. */
+		atomic_add(sbal_number, &qdio->req_q_free);
 		zfcp_qdio_zero_sbals(qdio->req_q, q_req->sbal_first,
 				     sbal_number);
 		return retval;
 	}
 
 	/* account for transferred buffers */
-	atomic_sub(sbal_number, &qdio->req_q_free);
 	qdio->req_q_idx += sbal_number;
 	qdio->req_q_idx %= QDIO_MAX_BUFFERS_PER_Q;