diff --git a/src/library.js b/src/library.js
index 09b4f4fb607d1..991fa7952c1ca 100644
--- a/src/library.js
+++ b/src/library.js
@@ -1429,13 +1429,6 @@ addToLibrary({
   emscripten_random: () => Math.random(),
 
   emscripten_get_now: `;
-#if ENVIRONMENT_MAY_BE_NODE && MIN_NODE_VERSION < 160000
-    // The performance global was added to node in v16.0.0:
-    // https://nodejs.org/api/globals.html#performance
-    if (ENVIRONMENT_IS_NODE) {
-      global.performance = require('perf_hooks').performance;
-    }
-#endif
 #if PTHREADS && !AUDIO_WORKLET
     // Pthreads need their clocks synchronized to the execution of the main
     // thread, so, when using them, make sure to adjust all timings to the
diff --git a/src/preamble.js b/src/preamble.js
index 61d0858a9e657..40dd0f3747f78 100644
--- a/src/preamble.js
+++ b/src/preamble.js
@@ -14,10 +14,6 @@
 // An online HTML version (which may be of a different version of Emscripten)
 //    is up at http://kripken.github.io/emscripten-site/docs/api_reference/preamble.js.html
 
-#if PTHREADS
-#include "runtime_pthread.js"
-#endif
-
 #if RELOCATABLE
 {{{ makeModuleReceiveWithVar('dynamicLibraries', undefined, '[]', true) }}}
 #endif
@@ -152,6 +148,10 @@ var HEAP_DATA_VIEW;
 
 #include "runtime_shared.js"
 
+#if PTHREADS
+#include "runtime_pthread.js"
+#endif
+
 #if ASSERTIONS
 assert(!Module['STACK_SIZE'], 'STACK_SIZE can no longer be set at runtime.  Use -sSTACK_SIZE at link time')
 #endif
diff --git a/src/preamble_minimal.js b/src/preamble_minimal.js
index f110870d2b77e..42805b09e35dc 100644
--- a/src/preamble_minimal.js
+++ b/src/preamble_minimal.js
@@ -12,10 +12,6 @@
 #include "runtime_asan.js"
 #endif
 
-#if PTHREADS
-#include "runtime_pthread.js"
-#endif
-
 #if ASSERTIONS
 /** @type {function(*, string=)} */
 function assert(condition, text) {
@@ -60,6 +56,10 @@ var HEAP8, HEAP16, HEAP32, HEAPU8, HEAPU16, HEAPU32, HEAPF32, HEAPF64,
 
 #include "runtime_shared.js"
 
+#if PTHREADS
+#include "runtime_pthread.js"
+#endif
+
 #if IMPORTED_MEMORY
 #if PTHREADS
 if (!ENVIRONMENT_IS_PTHREAD) {
diff --git a/src/runtime_pthread.js b/src/runtime_pthread.js
index 92c97f5dbceaf..6444102a16abf 100644
--- a/src/runtime_pthread.js
+++ b/src/runtime_pthread.js
@@ -40,7 +40,6 @@ if (ENVIRONMENT_IS_PTHREAD) {
 #endif
       },
       postMessage: (msg) => parentPort.postMessage(msg),
-      performance: global.performance || { now: Date.now },
     });
   }
 #endif // ENVIRONMENT_MAY_BE_NODE
diff --git a/src/runtime_shared.js b/src/runtime_shared.js
index 7c23e943e64b8..5606ac4c91162 100644
--- a/src/runtime_shared.js
+++ b/src/runtime_shared.js
@@ -62,3 +62,15 @@ var toIndexType = (function() {
   return (i) => bigintMemoryBounds ? BigInt(i) : i;
 })();
 #endif
+
+#if ENVIRONMENT_MAY_BE_NODE && MIN_NODE_VERSION < 160000
+// The performance global was added to node in v16.0.0:
+// https://nodejs.org/api/globals.html#performance
+if (ENVIRONMENT_IS_NODE) {
+  // This is needed for emscripten_get_now and for pthreads support which
+  // depends on it for accurate timing.
+  // Use `global` rather than `globalThis` here since older versions of node
+  // don't have `globalThis`.
+  global.performance ??= require('perf_hooks').performance;
+}
+#endif
diff --git a/src/shell.js b/src/shell.js
index d2334a83dac2f..6183dc91dcaf4 100644
--- a/src/shell.js
+++ b/src/shell.js
@@ -428,14 +428,6 @@ if (!ENVIRONMENT_IS_AUDIO_WORKLET)
 }
 
 #if ENVIRONMENT_MAY_BE_NODE && PTHREADS
-if (ENVIRONMENT_IS_NODE) {
-  // Polyfill the performance object, which emscripten pthreads support
-  // depends on for good timing.
-  if (typeof performance == 'undefined') {
-    global.performance = require('perf_hooks').performance;
-  }
-}
-
 // Set up the out() and err() hooks, which are how we can print to stdout or
 // stderr, respectively.
 // Normally just binding console.log/console.error here works fine, but
diff --git a/test/other/codesize/test_codesize_minimal_pthreads.gzsize b/test/other/codesize/test_codesize_minimal_pthreads.gzsize
index f4833d49363ab..69a8eaf5a510b 100644
--- a/test/other/codesize/test_codesize_minimal_pthreads.gzsize
+++ b/test/other/codesize/test_codesize_minimal_pthreads.gzsize
@@ -1 +1 @@
-4959
+4916
diff --git a/test/other/codesize/test_codesize_minimal_pthreads.jssize b/test/other/codesize/test_codesize_minimal_pthreads.jssize
index 4cdee9867c3b4..6cc48c769c974 100644
--- a/test/other/codesize/test_codesize_minimal_pthreads.jssize
+++ b/test/other/codesize/test_codesize_minimal_pthreads.jssize
@@ -1 +1 @@
-10602
+10465