diff --git a/formula/src/main/java/com/instacart/formula/internal/SnapshotImpl.kt b/formula/src/main/java/com/instacart/formula/internal/SnapshotImpl.kt
index 71f6e81a..8f7e5ddd 100644
--- a/formula/src/main/java/com/instacart/formula/internal/SnapshotImpl.kt
+++ b/formula/src/main/java/com/instacart/formula/internal/SnapshotImpl.kt
@@ -60,6 +60,11 @@ internal class SnapshotImpl<out Input, State> internal constructor(
     }
 
     override fun createScopedKey(type: KClass<*>, key: Any?): Any {
+        if (scopeKey == null && key == null) {
+            // No need to allocate a new object, just use type as key.
+            return type
+        }
+
         return FormulaKey(
             scopeKey = scopeKey,
             type = type,