diff --git a/app/src/main/java/eu/kanade/tachiyomi/data/download/DownloadCache.kt b/app/src/main/java/eu/kanade/tachiyomi/data/download/DownloadCache.kt
index 1802a2da1..417b71c3b 100644
--- a/app/src/main/java/eu/kanade/tachiyomi/data/download/DownloadCache.kt
+++ b/app/src/main/java/eu/kanade/tachiyomi/data/download/DownloadCache.kt
@@ -21,17 +21,15 @@ import kotlinx.coroutines.async
 import kotlinx.coroutines.awaitAll
 import kotlinx.coroutines.channels.Channel
 import kotlinx.coroutines.delay
+import kotlinx.coroutines.flow.MutableStateFlow
 import kotlinx.coroutines.flow.SharingStarted
 import kotlinx.coroutines.flow.debounce
-import kotlinx.coroutines.flow.distinctUntilChanged
 import kotlinx.coroutines.flow.launchIn
-import kotlinx.coroutines.flow.map
 import kotlinx.coroutines.flow.onEach
 import kotlinx.coroutines.flow.onStart
 import kotlinx.coroutines.flow.receiveAsFlow
 import kotlinx.coroutines.flow.shareIn
 import kotlinx.coroutines.flow.stateIn
-import kotlinx.coroutines.flow.take
 import kotlinx.coroutines.withTimeout
 import logcat.LogPriority
 import uy.kohesive.injekt.Injekt
@@ -72,10 +70,9 @@ class DownloadCache(
      */
     private var lastRenew = 0L
     private var renewalJob: Job? = null
-    val isRenewing = changes
-        .map { renewalJob?.isActive ?: false }
-        .distinctUntilChanged()
-        .take(2) // We only care about initial renewal
+
+    private val _isInitializing = MutableStateFlow(false)
+    val isInitializing = _isInitializing
         .debounce(1000L) // Don't notify if it finishes quickly enough
         .stateIn(scope, SharingStarted.WhileSubscribed(), false)
 
@@ -272,6 +269,10 @@ class DownloadCache(
         }
 
         renewalJob = scope.launchIO {
+            if (lastRenew == 0L) {
+                _isInitializing.emit(true)
+            }
+
             var sources = getSources()
 
             // Try to wait until extensions and sources have loaded
@@ -326,6 +327,8 @@ class DownloadCache(
                     }
                 }
                 .awaitAll()
+
+            _isInitializing.emit(false)
         }.also {
             it.invokeOnCompletion(onCancelling = true) { exception ->
                 if (exception != null && exception !is CancellationException) {
diff --git a/app/src/main/java/eu/kanade/tachiyomi/ui/main/MainActivity.kt b/app/src/main/java/eu/kanade/tachiyomi/ui/main/MainActivity.kt
index de78bea61..a6b45fe13 100644
--- a/app/src/main/java/eu/kanade/tachiyomi/ui/main/MainActivity.kt
+++ b/app/src/main/java/eu/kanade/tachiyomi/ui/main/MainActivity.kt
@@ -162,7 +162,7 @@ class MainActivity : BaseActivity() {
         setComposeContent {
             val incognito by preferences.incognitoMode().collectAsState()
             val downloadOnly by preferences.downloadedOnly().collectAsState()
-            val indexing by downloadCache.isRenewing.collectAsState()
+            val indexing by downloadCache.isInitializing.collectAsState()
 
             // Set statusbar color considering the top app state banner
             val systemUiController = rememberSystemUiController()