diff --git a/packages/next/build/webpack-config.ts b/packages/next/build/webpack-config.ts
index 9175e099e3a8924..b0fb1a7cc9be6a6 100644
--- a/packages/next/build/webpack-config.ts
+++ b/packages/next/build/webpack-config.ts
@@ -1310,7 +1310,7 @@ export default async function getBaseWebpackConfig(
         new BuildStatsPlugin({
           distDir,
         }),
-      process.env.TRACE_TARGET && new ProfilingPlugin({ runWebpackSpan }),
+      new ProfilingPlugin({ runWebpackSpan }),
       config.optimizeFonts &&
         !dev &&
         isServer &&
diff --git a/packages/next/build/webpack/plugins/profiling-plugin.ts b/packages/next/build/webpack/plugins/profiling-plugin.ts
index 5ce8cc53a0a1a40..e8c131da0329daa 100644
--- a/packages/next/build/webpack/plugins/profiling-plugin.ts
+++ b/packages/next/build/webpack/plugins/profiling-plugin.ts
@@ -101,7 +101,7 @@ export class ProfilingPlugin {
           return module.userRequest.split('.').pop()
         })()
 
-        const issuerModule = compilation.moduleGraph.getIssuer(module)
+        const issuerModule = compilation?.moduleGraph?.getIssuer(module)
 
         const span = trace(
           `build-module${moduleType ? `-${moduleType}` : ''}`,