diff --git a/src/compiler/performance.ts b/src/compiler/performance.ts
index 1605fa5e3562a..40b333041e636 100644
--- a/src/compiler/performance.ts
+++ b/src/compiler/performance.ts
@@ -180,7 +180,7 @@ export function enable(system: System = sys) {
     if (!enabled) {
         enabled = true;
         perfHooks ||= tryGetNativePerformanceHooks();
-        if (perfHooks) {
+        if (perfHooks?.performance) {
             timeorigin = perfHooks.performance.timeOrigin;
             // NodeJS's Web Performance API is currently slower than expected, but we'd still like
             // to be able to leverage native trace events when node is run with either `--cpu-prof`
diff --git a/src/compiler/performanceCore.ts b/src/compiler/performanceCore.ts
index a214ced47ef2c..e788836d11866 100644
--- a/src/compiler/performanceCore.ts
+++ b/src/compiler/performanceCore.ts
@@ -7,104 +7,86 @@ import {
 
 /** @internal */
 export interface PerformanceHooks {
-    /** Indicates whether we should write native performance events */
     shouldWriteNativeEvents: boolean;
-    performance: Performance;
-    PerformanceObserver: PerformanceObserverConstructor;
+    performance?: Performance;
+    performanceTime?: PerformanceTime;
 }
 
 /** @internal */
-export interface Performance {
-    mark(name: string): void;
-    measure(name: string, startMark?: string, endMark?: string): void;
-    clearMeasures(name?: string): void;
-    clearMarks(name?: string): void;
+export interface PerformanceTime {
     now(): number;
     timeOrigin: number;
 }
 
 /** @internal */
-export interface PerformanceEntry {
-    name: string;
-    entryType: string;
-    startTime: number;
-    duration: number;
-}
-
-/** @internal */
-export interface PerformanceObserverEntryList {
-    getEntries(): PerformanceEntryList;
-    getEntriesByName(name: string, type?: string): PerformanceEntryList;
-    getEntriesByType(type: string): PerformanceEntryList;
-}
-
-/** @internal */
-export interface PerformanceObserver {
-    disconnect(): void;
-    observe(options: { entryTypes: readonly ("mark" | "measure")[]; }): void;
+export interface Performance extends PerformanceTime {
+    mark(name: string): void;
+    measure(name: string, startMark?: string, endMark?: string): void;
+    clearMeasures(name?: string): void;
+    clearMarks(name?: string): void;
 }
 
-/** @internal */
-export type PerformanceObserverConstructor = new (callback: (list: PerformanceObserverEntryList, observer: PerformanceObserver) => void) => PerformanceObserver;
-/** @internal */
-export type PerformanceEntryList = PerformanceEntry[];
-
 // Browser globals for the Web Performance User Timings API
 declare const performance: Performance | undefined;
-declare const PerformanceObserver: PerformanceObserverConstructor | undefined;
 
-// eslint-disable-next-line @typescript-eslint/naming-convention
-function hasRequiredAPI(performance: Performance | undefined, PerformanceObserver: PerformanceObserverConstructor | undefined) {
-    return typeof performance === "object" &&
-        typeof performance.timeOrigin === "number" &&
-        typeof performance.mark === "function" &&
-        typeof performance.measure === "function" &&
-        typeof performance.now === "function" &&
-        typeof performance.clearMarks === "function" &&
-        typeof performance.clearMeasures === "function" &&
-        typeof PerformanceObserver === "function";
-}
+function tryGetPerformance() {
+    if (isNodeLikeSystem()) {
+        try {
+            // By default, only write native events when generating a cpu profile or using the v8 profiler.
+            const { performance } = require("perf_hooks") as typeof import("perf_hooks");
+            return {
+                shouldWriteNativeEvents: false,
+                performance,
+            };
+        }
+        catch {
+            // ignore errors
+        }
+    }
 
-function tryGetWebPerformanceHooks(): PerformanceHooks | undefined {
-    if (
-        typeof performance === "object" &&
-        typeof PerformanceObserver === "function" &&
-        hasRequiredAPI(performance, PerformanceObserver)
-    ) {
+    if (typeof performance === "object") {
+        // For now we always write native performance events when running in the browser. We may
+        // make this conditional in the future if we find that native web performance hooks
+        // in the browser also slow down compilation.
         return {
-            // For now we always write native performance events when running in the browser. We may
-            // make this conditional in the future if we find that native web performance hooks
-            // in the browser also slow down compilation.
             shouldWriteNativeEvents: true,
             performance,
-            PerformanceObserver,
         };
     }
+
+    return undefined;
 }
 
-function tryGetNodePerformanceHooks(): PerformanceHooks | undefined {
-    if (isNodeLikeSystem()) {
-        try {
-            const { performance, PerformanceObserver } = require("perf_hooks") as typeof import("perf_hooks");
-            if (hasRequiredAPI(performance, PerformanceObserver)) {
-                return {
-                    // By default, only write native events when generating a cpu profile or using the v8 profiler.
-                    shouldWriteNativeEvents: false,
-                    performance,
-                    PerformanceObserver,
-                };
-            }
-        }
-        catch {
-            // ignore errors
-        }
+function tryGetPerformanceHooks(): PerformanceHooks | undefined {
+    const p = tryGetPerformance();
+    if (!p) return undefined;
+    const { shouldWriteNativeEvents, performance } = p;
+
+    const hooks: PerformanceHooks = {
+        shouldWriteNativeEvents,
+        performance: undefined,
+        performanceTime: undefined,
+    };
+
+    if (typeof performance.timeOrigin === "number" && typeof performance.now === "function") {
+        hooks.performanceTime = performance;
     }
+
+    if (
+        hooks.performanceTime &&
+        typeof performance.mark === "function" &&
+        typeof performance.measure === "function" &&
+        typeof performance.clearMarks === "function" &&
+        typeof performance.clearMeasures === "function"
+    ) {
+        hooks.performance = performance;
+    }
+
+    return hooks;
 }
 
-// Unlike with the native Map/Set 'tryGet' functions in corePublic.ts, we eagerly evaluate these
-// since we will need them for `timestamp`, below.
-const nativePerformanceHooks = tryGetWebPerformanceHooks() || tryGetNodePerformanceHooks();
-const nativePerformance = nativePerformanceHooks?.performance;
+const nativePerformanceHooks = tryGetPerformanceHooks();
+const nativePerformanceTime = nativePerformanceHooks?.performanceTime;
 
 /** @internal */
 export function tryGetNativePerformanceHooks() {
@@ -116,6 +98,4 @@ export function tryGetNativePerformanceHooks() {
  *
  * @internal
  */
-export const timestamp = nativePerformance ? () => nativePerformance.now() :
-    Date.now ? Date.now :
-    () => +(new Date());
+export const timestamp = nativePerformanceTime ? () => nativePerformanceTime.now() : Date.now;