diff --git a/wp-includes/ms-blogs.php b/wp-includes/ms-blogs.php
index 7e91e11b85..eddb99c605 100644
--- a/wp-includes/ms-blogs.php
+++ b/wp-includes/ms-blogs.php
@@ -491,8 +491,6 @@ function update_blog_option( $id, $option, $value, $deprecated = null ) {
  * @global array           $_wp_switched_stack
  * @global bool            $switched
  * @global string          $table_prefix
- * @global string          $wp_template_path
- * @global string          $wp_stylesheet_path
  * @global WP_Object_Cache $wp_object_cache
  *
  * @param int  $new_blog_id The ID of the blog to switch to. Default: current blog.
@@ -534,10 +532,8 @@ function switch_to_blog( $new_blog_id, $deprecated = null ) {
 	}
 
 	$wpdb->set_blog_id( $new_blog_id );
-	$GLOBALS['table_prefix']       = $wpdb->get_blog_prefix();
-	$GLOBALS['blog_id']            = $new_blog_id;
-	$GLOBALS['wp_template_path']   = null;
-	$GLOBALS['wp_stylesheet_path'] = null;
+	$GLOBALS['table_prefix'] = $wpdb->get_blog_prefix();
+	$GLOBALS['blog_id']      = $new_blog_id;
 
 	if ( function_exists( 'wp_cache_switch_to_blog' ) ) {
 		wp_cache_switch_to_blog( $new_blog_id );
@@ -604,8 +600,6 @@ function switch_to_blog( $new_blog_id, $deprecated = null ) {
  * @global int             $blog_id
  * @global bool            $switched
  * @global string          $table_prefix
- * @global string          $wp_template_path
- * @global string          $wp_stylesheet_path
  * @global WP_Object_Cache $wp_object_cache
  *
  * @return bool True on success, false if we're already on the current blog.
@@ -631,10 +625,8 @@ function restore_current_blog() {
 	}
 
 	$wpdb->set_blog_id( $new_blog_id );
-	$GLOBALS['blog_id']            = $new_blog_id;
-	$GLOBALS['table_prefix']       = $wpdb->get_blog_prefix();
-	$GLOBALS['wp_template_path']   = null;
-	$GLOBALS['wp_stylesheet_path'] = null;
+	$GLOBALS['blog_id']      = $new_blog_id;
+	$GLOBALS['table_prefix'] = $wpdb->get_blog_prefix();
 
 	if ( function_exists( 'wp_cache_switch_to_blog' ) ) {
 		wp_cache_switch_to_blog( $new_blog_id );
diff --git a/wp-includes/theme.php b/wp-includes/theme.php
index 6315cc2ab5..89fccddd37 100644
--- a/wp-includes/theme.php
+++ b/wp-includes/theme.php
@@ -188,39 +188,25 @@ function get_stylesheet() {
  *
  * @since 1.5.0
  * @since 6.4.0 Memoizes filter execution so that it only runs once for the current theme.
- *
- * @global string $wp_stylesheet_path Current theme stylesheet directory path.
+ * @since 6.4.2 Memoization removed.
  *
  * @return string Path to active theme's stylesheet directory.
  */
 function get_stylesheet_directory() {
-	global $wp_stylesheet_path;
+	$stylesheet     = get_stylesheet();
+	$theme_root     = get_theme_root( $stylesheet );
+	$stylesheet_dir = "$theme_root/$stylesheet";
 
-	if ( null === $wp_stylesheet_path ) {
-		$stylesheet     = get_stylesheet();
-		$theme_root     = get_theme_root( $stylesheet );
-		$stylesheet_dir = "$theme_root/$stylesheet";
-
-		/**
-		 * Filters the stylesheet directory path for the active theme.
-		 *
-		 * @since 1.5.0
-		 *
-		 * @param string $stylesheet_dir Absolute path to the active theme.
-		 * @param string $stylesheet     Directory name of the active theme.
-		 * @param string $theme_root     Absolute path to themes directory.
-		 */
-		$stylesheet_dir = apply_filters( 'stylesheet_directory', $stylesheet_dir, $stylesheet, $theme_root );
-
-		// If there are filter callbacks, force the logic to execute on every call.
-		if ( has_filter( 'stylesheet' ) || has_filter( 'theme_root' ) || has_filter( 'stylesheet_directory' ) ) {
-			return $stylesheet_dir;
-		}
-
-		$wp_stylesheet_path = $stylesheet_dir;
-	}
-
-	return $wp_stylesheet_path;
+	/**
+	 * Filters the stylesheet directory path for the active theme.
+	 *
+	 * @since 1.5.0
+	 *
+	 * @param string $stylesheet_dir Absolute path to the active theme.
+	 * @param string $stylesheet     Directory name of the active theme.
+	 * @param string $theme_root     Absolute path to themes directory.
+	 */
+	return apply_filters( 'stylesheet_directory', $stylesheet_dir, $stylesheet, $theme_root );
 }
 
 /**
@@ -338,39 +324,25 @@ function get_template() {
  *
  * @since 1.5.0
  * @since 6.4.0 Memoizes filter execution so that it only runs once for the current theme.
- *
- * @global string $wp_template_path Current theme template directory path.
+ * @since 6.4.1 Memoization removed.
  *
  * @return string Path to active theme's template directory.
  */
 function get_template_directory() {
-	global $wp_template_path;
+	$template     = get_template();
+	$theme_root   = get_theme_root( $template );
+	$template_dir = "$theme_root/$template";
 
-	if ( null === $wp_template_path ) {
-		$template     = get_template();
-		$theme_root   = get_theme_root( $template );
-		$template_dir = "$theme_root/$template";
-
-		/**
-		 * Filters the active theme directory path.
-		 *
-		 * @since 1.5.0
-		 *
-		 * @param string $template_dir The path of the active theme directory.
-		 * @param string $template     Directory name of the active theme.
-		 * @param string $theme_root   Absolute path to the themes directory.
-		 */
-		$template_dir = apply_filters( 'template_directory', $template_dir, $template, $theme_root );
-
-		// If there are filter callbacks, force the logic to execute on every call.
-		if ( has_filter( 'template' ) || has_filter( 'theme_root' ) || has_filter( 'template_directory' ) ) {
-			return $template_dir;
-		}
-
-		$wp_template_path = $template_dir;
-	}
-
-	return $wp_template_path;
+	/**
+	 * Filters the active theme directory path.
+	 *
+	 * @since 1.5.0
+	 *
+	 * @param string $template_dir The path of the active theme directory.
+	 * @param string $template     Directory name of the active theme.
+	 * @param string $theme_root   Absolute path to the themes directory.
+	 */
+	return apply_filters( 'template_directory', $template_dir, $template, $theme_root );
 }
 
 /**
@@ -776,13 +748,11 @@ function locale_stylesheet() {
  * @global WP_Customize_Manager $wp_customize
  * @global array                $sidebars_widgets
  * @global array                $wp_registered_sidebars
- * @global string               $wp_stylesheet_path
- * @global string               $wp_template_path
  *
  * @param string $stylesheet Stylesheet name.
  */
 function switch_theme( $stylesheet ) {
-	global $wp_theme_directories, $wp_customize, $sidebars_widgets, $wp_registered_sidebars, $wp_stylesheet_path, $wp_template_path;
+	global $wp_theme_directories, $wp_customize, $sidebars_widgets, $wp_registered_sidebars;
 
 	$requirements = validate_theme_requirements( $stylesheet );
 	if ( is_wp_error( $requirements ) ) {
@@ -866,13 +836,6 @@ function switch_theme( $stylesheet ) {
 
 	update_option( 'theme_switched', $old_theme->get_stylesheet() );
 
-	/*
-	 * Reset globals to force refresh the next time these directories are
-	 * accessed via `get_stylesheet_directory()` / `get_template_directory()`.
-	 */
-	$wp_stylesheet_path = null;
-	$wp_template_path   = null;
-
 	// Clear pattern caches.
 	$new_theme->delete_pattern_cache();
 	$old_theme->delete_pattern_cache();
diff --git a/wp-includes/version.php b/wp-includes/version.php
index b8e501bd07..bfdfdbaa3c 100644
--- a/wp-includes/version.php
+++ b/wp-includes/version.php
@@ -16,7 +16,7 @@
  *
  * @global string $wp_version
  */
-$wp_version = '6.5-alpha-57128';
+$wp_version = '6.5-alpha-57129';
 
 /**
  * Holds the WordPress DB revision, increments when changes are made to the WordPress DB schema.