diff --git a/lib/matplotlib/tests/test_text.py b/lib/matplotlib/tests/test_text.py
index cfa2566173aa..3546532b9725 100644
--- a/lib/matplotlib/tests/test_text.py
+++ b/lib/matplotlib/tests/test_text.py
@@ -5,7 +5,7 @@
 import numpy as np
 from numpy.testing import assert_almost_equal
 import pytest
-
+import time
 import matplotlib as mpl
 from matplotlib.backend_bases import MouseEvent
 from matplotlib.font_manager import FontProperties
@@ -756,3 +756,18 @@ def test_pdf_chars_beyond_bmp():
     plt.rcParams['mathtext.fontset'] = 'stixsans'
     plt.figure()
     plt.figtext(0.1, 0.5, "Mass $m$ \U00010308", size=30)
+
+
+def test_cache_large_labels():
+    """Test to verify cache helps when ticks are too large"""
+    times = []
+    fig, _ = plt.subplots()
+    for pow in range(1, 5):
+        labels = [i for i in range(10**pow)]
+        t0 = time.perf_counter()
+        plt.xticks(labels)
+        plt.yticks(labels)
+        fig.draw_without_rendering()
+        times.append(time.perf_counter()-t0)
+    assert times[-1] > times[0]
+    assert times[-1] > times[-2]
diff --git a/lib/matplotlib/text.py b/lib/matplotlib/text.py
index c4b3a9184a3a..f3acd20f253c 100644
--- a/lib/matplotlib/text.py
+++ b/lib/matplotlib/text.py
@@ -107,7 +107,6 @@ class Text(Artist):
     """Handle storing and drawing of text in window or data coordinates."""
 
     zorder = 3
-    _cached = cbook.maxdict(50)
 
     def __repr__(self):
         return "Text(%s, %s, %s)" % (self._x, self._y, repr(self._text))
@@ -158,6 +157,7 @@ def __init__(self,
         self._linespacing = linespacing
         self.set_rotation_mode(rotation_mode)
         self.update(kwargs)
+        self._cached = dict()
 
     def update(self, kwargs):
         # docstring inherited
@@ -177,6 +177,7 @@ def __getstate__(self):
         d = super().__getstate__()
         # remove the cached _renderer (if it exists)
         d['_renderer'] = None
+        d['_cached'] = {}
         return d
 
     def contains(self, mouseevent):