diff --git a/homeassistant/core.py b/homeassistant/core.py
index 78ca41682e7..f22e95c2ecc 100644
--- a/homeassistant/core.py
+++ b/homeassistant/core.py
@@ -1065,6 +1065,7 @@ class State:
     """
 
     __slots__ = [
+        "__weakref__",
         "entity_id",
         "state",
         "attributes",
diff --git a/homeassistant/helpers/template.py b/homeassistant/helpers/template.py
index 7258bdb830d..b0f51fe08cc 100644
--- a/homeassistant/helpers/template.py
+++ b/homeassistant/helpers/template.py
@@ -21,7 +21,7 @@ from struct import error as StructError, pack, unpack_from
 import sys
 from typing import Any, cast
 from urllib.parse import urlencode as urllib_urlencode
-import weakref
+from weakref import WeakKeyDictionary, WeakValueDictionary
 
 import jinja2
 from jinja2 import pass_context, pass_environment
@@ -93,6 +93,11 @@ _COLLECTABLE_STATE_ATTRIBUTES = {
 ALL_STATES_RATE_LIMIT = timedelta(minutes=1)
 DOMAIN_STATES_RATE_LIMIT = timedelta(seconds=1)
 
+TEMPLATE_STATES_COLLECT: WeakKeyDictionary[State, TemplateState] = WeakKeyDictionary({})
+TEMPLATE_STATES_NO_COLLECT: WeakKeyDictionary[State, TemplateState] = WeakKeyDictionary(
+    {}
+)
+
 template_cv: ContextVar[tuple[str, str] | None] = ContextVar(
     "template_cv", default=None
 )
@@ -893,9 +898,13 @@ def _collect_state(hass: HomeAssistant, entity_id: str) -> None:
         entity_collect.entities.add(entity_id)
 
 
-@lru_cache(maxsize=4096)
 def _template_state_no_collect(hass: HomeAssistant, state: State) -> TemplateState:
-    return TemplateState(hass, state, collect=False)
+    if temlate_state := TEMPLATE_STATES_NO_COLLECT.get(state):
+        return temlate_state
+    template_state = TEMPLATE_STATES_NO_COLLECT[state] = TemplateState(
+        hass, state, collect=False
+    )
+    return template_state
 
 
 def _state_generator(hass: HomeAssistant, domain: str | None) -> Generator:
@@ -915,9 +924,11 @@ def _get_state(hass: HomeAssistant, entity_id: str) -> TemplateState | None:
     return _get_template_state_from_state(hass, entity_id, hass.states.get(entity_id))
 
 
-@lru_cache(maxsize=4096)
 def _template_state(hass: HomeAssistant, state: State) -> TemplateState:
-    return TemplateState(hass, state)
+    if temlate_state := TEMPLATE_STATES_COLLECT.get(state):
+        return temlate_state
+    template_state = TEMPLATE_STATES_COLLECT[state] = TemplateState(hass, state)
+    return template_state
 
 
 def _get_template_state_from_state(
@@ -1933,7 +1944,7 @@ class TemplateEnvironment(ImmutableSandboxedEnvironment):
             undefined = jinja2.StrictUndefined
         super().__init__(undefined=undefined)
         self.hass = hass
-        self.template_cache = weakref.WeakValueDictionary()
+        self.template_cache = WeakValueDictionary()
         self.filters["round"] = forgiving_round
         self.filters["multiply"] = multiply
         self.filters["log"] = logarithm