diff --git a/drivers/net/phy/phy_device.c b/drivers/net/phy/phy_device.c
index 94b2e85e00a3..2cf70471ae08 100644
--- a/drivers/net/phy/phy_device.c
+++ b/drivers/net/phy/phy_device.c
@@ -3706,7 +3706,7 @@ static int phy_probe(struct device *dev)
 	if (phydev->drv->probe) {
 		err = phydev->drv->probe(phydev);
 		if (err)
-			goto out;
+			goto out_reset;
 	}
 
 	phy_disable_interrupts(phydev);
@@ -3727,7 +3727,7 @@ static int phy_probe(struct device *dev)
 		err = genphy_read_abilities(phydev);
 
 	if (err)
-		goto out;
+		goto out_reset;
 
 	if (!linkmode_test_bit(ETHTOOL_LINK_MODE_Autoneg_BIT,
 			       phydev->supported))
@@ -3744,7 +3744,7 @@ static int phy_probe(struct device *dev)
 
 	err = phy_setup_ports(phydev);
 	if (err)
-		goto out;
+		goto out_sfp_release;
 
 	phy_advertise_supported(phydev);
 
@@ -3753,7 +3753,7 @@ static int phy_probe(struct device *dev)
 	 */
 	err = genphy_c45_read_eee_adv(phydev, phydev->advertising_eee);
 	if (err)
-		goto out;
+		goto out_sfp_release;
 
 	/* Get the EEE modes we want to prohibit. */
 	of_set_phy_eee_broken(phydev);
@@ -3806,20 +3806,22 @@ static int phy_probe(struct device *dev)
 	if (IS_ENABLED(CONFIG_PHYLIB_LEDS) && !phy_driver_is_genphy(phydev)) {
 		err = of_phy_leds(phydev);
 		if (err)
-			goto out;
+			goto out_unreg_led_triggers;
 	}
 
 	return 0;
 
-out:
+out_unreg_led_triggers:
+	if (!phydev->is_on_sfp_module)
+		phy_led_triggers_unregister(phydev);
+
+out_sfp_release:
 	sfp_bus_del_upstream(phydev->sfp_bus);
 	phydev->sfp_bus = NULL;
 
 	phy_cleanup_ports(phydev);
 
-	if (!phydev->is_on_sfp_module)
-		phy_led_triggers_unregister(phydev);
-
+out_reset:
 	/* Re-assert the reset signal on error */
 	phy_device_reset(phydev, 1);