diff --git a/subsys/net/ip/net_context.c b/subsys/net/ip/net_context.c
index 3c0e75d9538..c82304cce1d 100644
--- a/subsys/net/ip/net_context.c
+++ b/subsys/net/ip/net_context.c
@@ -411,12 +411,12 @@ int net_context_put(struct net_context *context)
 	context->recv_cb = NULL;
 	context->send_cb = NULL;
 
-	/* Decrement refcount on user app's behalf */
-	net_context_unref(context);
-
 	/* net_tcp_put() will handle decrementing refcount on stack's behalf */
 	net_tcp_put(context);
 
+	/* Decrement refcount on user app's behalf */
+	net_context_unref(context);
+
 unlock:
 	k_mutex_unlock(&context->lock);