diff --git a/src/dxso/dxso_analysis.cpp b/src/dxso/dxso_analysis.cpp
index 33e9bbf7..c16d0f42 100644
--- a/src/dxso/dxso_analysis.cpp
+++ b/src/dxso/dxso_analysis.cpp
@@ -10,8 +10,13 @@ namespace dxvk {
     const DxsoInstructionContext& ctx) {
     DxsoOpcode opcode = ctx.instruction.opcode;
 
-    if (opcode == DxsoOpcode::Cnd && ctx.instruction.coissue)
+    // Co-issued CNDs are issued before their parents,
+    // except when the parent is a CND.
+    if (opcode == DxsoOpcode::Cnd &&
+        m_coissueCtx.instruction.opcode != DxsoOpcode::Cnd &&
+        ctx.instruction.coissue) {
       m_analysis->coissues.push_back(ctx);
+    }
 
     if (opcode == DxsoOpcode::TexKill)
       m_analysis->usesKill = true;
@@ -41,6 +46,8 @@ namespace dxvk {
      //|| opcode == DxsoOpcode::TexLdl
      || opcode == DxsoOpcode::TexDepth)
       m_analysis->usesDerivatives = true;
+
+    m_coissueCtx = ctx;
   }
 
   void DxsoAnalyzer::finalize(size_t tokenCount) {
diff --git a/src/dxso/dxso_analysis.h b/src/dxso/dxso_analysis.h
index 96fd8e1f..3e1d0076 100644
--- a/src/dxso/dxso_analysis.h
+++ b/src/dxso/dxso_analysis.h
@@ -34,6 +34,8 @@ namespace dxvk {
 
     DxsoAnalysisInfo* m_analysis = nullptr;
 
+    DxsoInstructionContext m_coissueCtx;
+
   };
 
 }
\ No newline at end of file