diff --git a/ReactCommon/react/renderer/components/view/ViewEventEmitter.cpp b/ReactCommon/react/renderer/components/view/ViewEventEmitter.cpp
index fe2a83f5f43..e26f7c143a6 100644
--- a/ReactCommon/react/renderer/components/view/ViewEventEmitter.cpp
+++ b/ReactCommon/react/renderer/components/view/ViewEventEmitter.cpp
@@ -46,16 +46,31 @@ void ViewEventEmitter::onLayout(const LayoutMetrics &layoutMetrics) const {
     lastLayoutMetrics_ = layoutMetrics;
   }
 
-  dispatchEvent("layout", [frame = layoutMetrics.frame](jsi::Runtime &runtime) {
-    auto layout = jsi::Object(runtime);
-    layout.setProperty(runtime, "x", frame.origin.x);
-    layout.setProperty(runtime, "y", frame.origin.y);
-    layout.setProperty(runtime, "width", frame.size.width);
-    layout.setProperty(runtime, "height", frame.size.height);
-    auto payload = jsi::Object(runtime);
-    payload.setProperty(runtime, "layout", std::move(layout));
-    return payload;
-  });
+  std::atomic_uint_fast8_t *eventCounter = &eventCounter_;
+  uint_fast8_t expectedEventCount = ++*eventCounter;
+
+  // dispatchUniqueEvent only drops consecutive onLayout events to the same
+  // node. We want to drop *any* unprocessed onLayout events when there's a
+  // newer one.
+  dispatchEvent(
+      "layout",
+      [frame = layoutMetrics.frame, expectedEventCount, eventCounter](
+          jsi::Runtime &runtime) {
+        uint_fast8_t actualEventCount = eventCounter->load();
+        if (expectedEventCount != actualEventCount) {
+          // Drop stale events
+          return jsi::Value::null();
+        }
+
+        auto layout = jsi::Object(runtime);
+        layout.setProperty(runtime, "x", frame.origin.x);
+        layout.setProperty(runtime, "y", frame.origin.y);
+        layout.setProperty(runtime, "width", frame.size.width);
+        layout.setProperty(runtime, "height", frame.size.height);
+        auto payload = jsi::Object(runtime);
+        payload.setProperty(runtime, "layout", std::move(layout));
+        return jsi::Value(std::move(payload));
+      });
 }
 
 } // namespace react
diff --git a/ReactCommon/react/renderer/components/view/ViewEventEmitter.h b/ReactCommon/react/renderer/components/view/ViewEventEmitter.h
index 0aa1f5e588e..237c9a53b10 100644
--- a/ReactCommon/react/renderer/components/view/ViewEventEmitter.h
+++ b/ReactCommon/react/renderer/components/view/ViewEventEmitter.h
@@ -40,6 +40,7 @@ class ViewEventEmitter : public TouchEventEmitter {
  private:
   mutable std::mutex layoutMetricsMutex_;
   mutable LayoutMetrics lastLayoutMetrics_;
+  mutable std::atomic_uint_fast8_t eventCounter_{0};
 };
 
 } // namespace react
diff --git a/ReactCommon/react/renderer/uimanager/UIManagerBinding.cpp b/ReactCommon/react/renderer/uimanager/UIManagerBinding.cpp
index 10a9dce3cda..5c2765ca399 100644
--- a/ReactCommon/react/renderer/uimanager/UIManagerBinding.cpp
+++ b/ReactCommon/react/renderer/uimanager/UIManagerBinding.cpp
@@ -135,6 +135,11 @@ void UIManagerBinding::dispatchEvent(
 
   auto payload = payloadFactory(runtime);
 
+  // If a payload is null, the factory has decided to cancel the event
+  if (payload.isNull()) {
+    return;
+  }
+
   auto instanceHandle = eventTarget
     ? [&]() {
       auto instanceHandle = eventTarget->getInstanceHandle(runtime);