diff --git a/render_block/django.py b/render_block/django.py
index 977ac7d..0aa2844 100644
--- a/render_block/django.py
+++ b/render_block/django.py
@@ -1,4 +1,5 @@
 from copy import copy
+import hashlib
 
 from django.template import Context, RequestContext
 from django.template.base import TextNode
@@ -12,6 +13,8 @@
 
 from render_block.exceptions import BlockNotFound
 
+_NODES_CACHE = {}
+
 
 def django_render_block(template, block_name, context, request=None):
     # Create a Django Context if needed
@@ -30,24 +33,47 @@ def django_render_block(template, block_name, context, request=None):
 
     # Get the underlying django.template.base.Template object.
     template = template.template
+    cache_key = _make_node_cache_key(template, block_name)
 
     # Bind the template to the context.
     with context_instance.bind_template(template):
-        # Before trying to render the template, we need to traverse the tree of
-        # parent templates and find all blocks in them.
-        parent_template = _build_block_context(template, context_instance)
-
         try:
-            return _render_template_block(template, block_name, context_instance)
-        except BlockNotFound:
-            # The block wasn't found in the current template.
+            node, render_context = _NODES_CACHE[cache_key]
+        except KeyError:
+            # Before trying to render the template, we need to traverse the tree of
+            # parent templates and find all blocks in them.
+            parent_template = _build_block_context(template, context_instance)
 
-            # If there's no parent template (i.e. no ExtendsNode), re-raise.
-            if not parent_template:
-                raise
+            try:
+                node, render_context = _find_template_block(
+                    template, block_name, context_instance
+                )
+            except BlockNotFound:
+                # The block wasn't found in the current template.
+
+                # If there's no parent template (i.e. no ExtendsNode), re-raise.
+                if not parent_template:
+                    raise
 
-            # Check the parent template for this block.
-            return _render_template_block(parent_template, block_name, context_instance)
+                # Check the parent template for this block.
+                node, render_context = _find_template_block(
+                    parent_template, block_name, context_instance
+                )
+
+            if cache_key and not template.engine.debug:
+                _NODES_CACHE[cache_key] = node, render_context
+
+        context_instance.render_context = render_context
+        return node.render(context_instance)
+
+
+def _make_node_cache_key(template, block_name):
+    if template.name:
+        key = template.name
+    else:
+        source = template.source.encode()
+        key = hashlib.md5(source).hexdigest()
+    return f"{key}@{block_name}"
 
 
 def _build_block_context(template, context):
@@ -82,12 +108,12 @@ def _build_block_context(template, context):
             break
 
 
-def _render_template_block(template, block_name, context):
-    """Renders a single block from a template."""
-    return _render_template_block_nodelist(template.nodelist, block_name, context)
+def _find_template_block(template, block_name, context):
+    """Finds a single block from a template."""
+    return _find_template_block_nodelist(template.nodelist, block_name, context)
 
 
-def _render_template_block_nodelist(nodelist, block_name, context):
+def _find_template_block_nodelist(nodelist, block_name, context):
     """Recursively iterate over a node to find the wanted block."""
 
     # Attempt to find the wanted block in the current template.
@@ -99,7 +125,7 @@ def _render_template_block_nodelist(nodelist, block_name, context):
 
             # If the name matches, you're all set and we found the block!
             if node.name == block_name:
-                return node.render(context)
+                return node, context.render_context
 
         # If a node has children, recurse into them. Based on
         # django.template.base.Node.get_nodes_by_type.
@@ -111,9 +137,7 @@ def _render_template_block_nodelist(nodelist, block_name, context):
 
             # Try to find the block recursively.
             try:
-                return _render_template_block_nodelist(
-                    new_nodelist, block_name, context
-                )
+                return _find_template_block_nodelist(new_nodelist, block_name, context)
             except BlockNotFound:
                 continue
 
diff --git a/tests/tests.py b/tests/tests.py
index fc0c2c5..9c2d958 100644
--- a/tests/tests.py
+++ b/tests/tests.py
@@ -1,9 +1,11 @@
+from collections import namedtuple
 from unittest import skip
 
-from django.template import Context
+from django.template import Context, Template
 from django.test import RequestFactory, TestCase, modify_settings, override_settings
 
 from render_block import BlockNotFound, UnsupportedEngine, render_block_to_string
+from render_block.django import _NODES_CACHE, django_render_block
 
 
 class TestDjango(TestCase):
@@ -142,6 +144,29 @@ def test_request_context(self):
 
         self.assertEqual(result, "/dummy-url")
 
+    def test_node_cache(self):
+        """Test rendering from cache."""
+        render_block_to_string("test1.html", "block1")
+        _NODES_CACHE["test1.html@fakeblock"] = _NODES_CACHE["test1.html@block1"]
+        result = render_block_to_string("test1.html", "fakeblock")
+        self.assertEqual(result, "block1 from test1")
+
+    def test_node_cache_anonymous_template(self):
+        """
+        Test rendering from cache for anonymous templates.
+
+        Cache key must be created from template source instead of template name
+        to avoid clashes.
+        """
+        T = namedtuple("T", ["template"])
+        template_1 = Template("{% block b %}foo {{ foo }}{% endblock %}")
+        template_2 = Template("{% block b %}bar {{ foo }}{% endblock %}")
+
+        result = django_render_block(T(template_1), "b", {"foo": "1"})
+        self.assertEqual(result, "foo 1")
+        result = django_render_block(T(template_2), "b", {"foo": "2"})
+        self.assertEqual(result, "bar 2")
+
 
 @override_settings(
     TEMPLATES=[