diff --git a/airflow/models/baseoperator.py b/airflow/models/baseoperator.py
index 3a95a3945c44d..8bc96df735257 100644
--- a/airflow/models/baseoperator.py
+++ b/airflow/models/baseoperator.py
@@ -410,8 +410,9 @@ def apply_defaults(self: BaseOperator, *args: Any, **kwargs: Any) -> Any:
             # Store the args passed to init -- we need them to support task.map serialzation!
             self._BaseOperator__init_kwargs.update(kwargs)  # type: ignore
 
-            if not instantiated_from_mapped:
-                # Set upstream task defined by XComArgs passed to template fields of the operator.
+            # Set upstream task defined by XComArgs passed to template fields of the operator.
+            # BUT: only do this _ONCE_, not once for each class in the hierarchy
+            if not instantiated_from_mapped and func == self.__init__.__wrapped__:  # type: ignore[misc]
                 self.set_xcomargs_dependencies()
                 # Mark instance as instantiated.
                 self._BaseOperator__instantiated = True
diff --git a/tests/decorators/test_python.py b/tests/decorators/test_python.py
index 3dc151668231e..876c4b23d4acf 100644
--- a/tests/decorators/test_python.py
+++ b/tests/decorators/test_python.py
@@ -817,3 +817,18 @@ def down(a, b):
     assert len(decision.schedulable_tis) == 1  # "down"
     decision.schedulable_tis[0].run(session=session)
     assert result == "'example' None"
+
+
+@pytest.mark.filterwarnings("error")
+def test_no_warnings(reset_logging_config, caplog):
+    @task_decorator
+    def some_task():
+        return 1
+
+    @task_decorator
+    def other(x):
+        ...
+
+    with DAG(dag_id='test', start_date=DEFAULT_DATE, schedule=None):
+        other(some_task())
+    assert caplog.messages == []