diff --git a/core/modules/widgets/transclude.js b/core/modules/widgets/transclude.js
index 734e17f25..4d40cadcc 100755
--- a/core/modules/widgets/transclude.js
+++ b/core/modules/widgets/transclude.js
@@ -171,7 +171,13 @@ TranscludeWidget.prototype.getTransclusionTarget = function() {
 	if(this.transcludeVariable) {
 		var variableInfo = this.getVariableInfo(this.transcludeVariable).srcVariable;
 		if(variableInfo) {
-			parser = this.wiki.parseText(this.transcludeType,variableInfo.value || "",{parseAsInline: !this.parseTreeNode.isBlock});
+			var mode = this.parseTreeNode.isBlock ? "blockParser" : "inlineParser";
+			if(variableInfo[mode]) {
+				parser = variableInfo[mode];
+			} else {
+				parser = this.wiki.parseText(this.transcludeType,variableInfo.value || "",{parseAsInline: !this.parseTreeNode.isBlock});
+				variableInfo[mode] = parser;
+			}
 			if(parser && variableInfo.isFunctionDefinition) {
 				parser = {
 					tree: [
diff --git a/editions/test/tiddlers/tests/data/transclude/CustomWidget-Simple.tid b/editions/test/tiddlers/tests/data/transclude/CustomWidget-Simple.tid
index 9cc318b12..74ecb575d 100644
--- a/editions/test/tiddlers/tests/data/transclude/CustomWidget-Simple.tid
+++ b/editions/test/tiddlers/tests/data/transclude/CustomWidget-Simple.tid
@@ -23,7 +23,10 @@ title: TiddlerOne
 <$mywidget one="Dingo">
 	Crocodile
 </$mywidget>
+<$mywidget one="BumbleBee">
+	Squirrel
+</$mywidget>
 +
 title: ExpectedResult
 
-<p>DingoCrocodile</p>
\ No newline at end of file
+<p>DingoCrocodileBumbleBeeSquirrel</p>
\ No newline at end of file