diff --git a/src/datatypes/src/vectors.rs b/src/datatypes/src/vectors.rs
index a0604ee8170..2170593ef59 100644
--- a/src/datatypes/src/vectors.rs
+++ b/src/datatypes/src/vectors.rs
@@ -211,9 +211,16 @@ pub trait MutableVector: Send + Sync {
         });
     }
 
-    // Push null to this mutable vector.
+    /// Push null to this mutable vector.
     fn push_null(&mut self);
 
+    /// Push nulls to this mutable vector.
+    fn push_nulls(&mut self, num_nulls: usize) {
+        for _ in 0..num_nulls {
+            self.push_null();
+        }
+    }
+
     /// Extend this mutable vector by slice of `vector`.
     ///
     /// Returns error if data types mismatch.
diff --git a/src/mito2/src/memtable/time_series.rs b/src/mito2/src/memtable/time_series.rs
index 3b9b713a10e..afebe927fef 100644
--- a/src/mito2/src/memtable/time_series.rs
+++ b/src/mito2/src/memtable/time_series.rs
@@ -28,7 +28,7 @@ use datafusion_expr::ColumnarValue;
 use datatypes::arrow;
 use datatypes::arrow::array::{ArrayRef, BooleanArray};
 use datatypes::arrow::record_batch::RecordBatch;
-use datatypes::data_type::DataType;
+use datatypes::data_type::{ConcreteDataType, DataType};
 use datatypes::prelude::{MutableVector, ScalarVectorBuilder, Vector, VectorRef};
 use datatypes::value::ValueRef;
 use datatypes::vectors::{
@@ -53,7 +53,7 @@ use crate::read::{Batch, BatchBuilder, BatchColumn};
 use crate::row_converter::{McmpRowCodec, RowCodec, SortField};
 
 /// Initial vector builder capacity.
-const INITIAL_BUILDER_CAPACITY: usize = 32;
+const INITIAL_BUILDER_CAPACITY: usize = 0;
 
 /// Builder to build [TimeSeriesMemtable].
 #[derive(Debug, Default)]
@@ -607,7 +607,8 @@ struct ValueBuilder {
     timestamp: Box<dyn MutableVector>,
     sequence: UInt64VectorBuilder,
     op_type: UInt8VectorBuilder,
-    fields: Vec<Box<dyn MutableVector>>,
+    fields: Vec<Option<Box<dyn MutableVector>>>,
+    field_types: Vec<ConcreteDataType>,
 }
 
 impl ValueBuilder {
@@ -620,16 +621,18 @@ impl ValueBuilder {
         let sequence = UInt64VectorBuilder::with_capacity(capacity);
         let op_type = UInt8VectorBuilder::with_capacity(capacity);
 
-        let fields = region_metadata
+        let field_types = region_metadata
             .field_columns()
-            .map(|c| c.column_schema.data_type.create_mutable_vector(capacity))
-            .collect();
+            .map(|c| c.column_schema.data_type.clone())
+            .collect::<Vec<_>>();
+        let fields = (0..field_types.len()).map(|_| None).collect();
 
         Self {
             timestamp,
             sequence,
             op_type,
             fields,
+            field_types,
         }
     }
 
@@ -640,8 +643,20 @@ impl ValueBuilder {
         self.timestamp.push_value_ref(ts);
         self.sequence.push_value_ref(ValueRef::UInt64(sequence));
         self.op_type.push_value_ref(ValueRef::UInt8(op_type));
+        let num_rows = self.timestamp.len();
         for (idx, field_value) in fields.into_iter().enumerate() {
-            self.fields[idx].push_value_ref(field_value);
+            if !field_value.is_null() || self.fields[idx].is_some() {
+                self.fields[idx]
+                    .get_or_insert_with(|| {
+                        // lazy initialize on first non-null value
+                        let mut mutable_vector =
+                            self.field_types[idx].create_mutable_vector(num_rows);
+                        // fill previous rows with nulls
+                        mutable_vector.push_nulls(num_rows - 1);
+                        mutable_vector
+                    })
+                    .push_value_ref(field_value);
+            }
         }
     }
 
@@ -726,10 +741,20 @@ impl Values {
 
 impl From<ValueBuilder> for Values {
     fn from(mut value: ValueBuilder) -> Self {
+        let num_rows = value.len();
         let fields = value
             .fields
             .iter_mut()
-            .map(|v| v.to_vector())
+            .enumerate()
+            .map(|(i, v)| {
+                if let Some(v) = v {
+                    v.to_vector()
+                } else {
+                    let mut single_null = value.field_types[i].create_mutable_vector(num_rows);
+                    single_null.push_nulls(num_rows);
+                    single_null.to_vector()
+                }
+            })
             .collect::<Vec<_>>();
         let sequence = Arc::new(value.sequence.finish());
         let op_type = Arc::new(value.op_type.finish());
@@ -863,6 +888,41 @@ mod tests {
         assert_eq!(1, series.frozen.len());
     }
 
+    #[test]
+    fn test_series_with_nulls() {
+        let region_metadata = schema_for_test();
+        let mut series = Series::new(&region_metadata);
+        // col1: NULL 1 2 3
+        // col2: NULL NULL 10.2 NULL
+        series.push(
+            ts_value_ref(1),
+            0,
+            OpType::Put,
+            vec![ValueRef::Null, ValueRef::Null],
+        );
+        series.push(
+            ts_value_ref(1),
+            0,
+            OpType::Put,
+            vec![ValueRef::Int64(1), ValueRef::Null],
+        );
+        series.push(ts_value_ref(1), 2, OpType::Put, field_value_ref(2, 10.2));
+        series.push(
+            ts_value_ref(1),
+            3,
+            OpType::Put,
+            vec![ValueRef::Int64(2), ValueRef::Null],
+        );
+        assert_eq!(4, series.active.timestamp.len());
+        assert_eq!(0, series.frozen.len());
+
+        let values = series.compact(&region_metadata).unwrap();
+        assert_eq!(values.fields[0].null_count(), 1);
+        assert_eq!(values.fields[1].null_count(), 3);
+        assert_eq!(0, series.active.timestamp.len());
+        assert_eq!(1, series.frozen.len());
+    }
+
     fn check_value(batch: &Batch, expect: Vec<Vec<Value>>) {
         let ts_len = batch.timestamps().len();
         assert_eq!(batch.sequences().len(), ts_len);