diff --git a/common/reasoning-budget.cpp b/common/reasoning-budget.cpp
index cc408a686..74fce5367 100644
--- a/common/reasoning-budget.cpp
+++ b/common/reasoning-budget.cpp
@@ -122,6 +122,20 @@ static void common_reasoning_budget_accept(struct llama_sampler * smpl, llama_to
             }
             break;
         case REASONING_BUDGET_DONE:
+            // Re-arm on a new start tag: some models emit multiple <think> blocks
+            // per response, and each should get a fresh budget window.
+            if (ctx->start_matcher.advance(token)) {
+                ctx->state = REASONING_BUDGET_COUNTING;
+                ctx->remaining = ctx->budget;
+                ctx->end_matcher.reset();
+                LOG_INF("reasoning-budget: re-activated on new start tag, budget=%d tokens\n", ctx->budget);
+
+                if (ctx->remaining <= 0) {
+                    ctx->state = REASONING_BUDGET_FORCING;
+                    ctx->force_pos = 0;
+                    LOG_INF("reasoning-budget: budget=0, forcing immediately\n");
+                }
+            }
             break;
     }
 }
diff --git a/tests/test-reasoning-budget.cpp b/tests/test-reasoning-budget.cpp
index 3028fb4d8..f7a601789 100644
--- a/tests/test-reasoning-budget.cpp
+++ b/tests/test-reasoning-budget.cpp
@@ -227,7 +227,30 @@ int main(void) {
             3);     // forcing continues through i=3
     }
 
-    printf("OK (5 tests passed)\n");
+    // Test 6: Multi-block thinking. First block ends naturally at i=2, second
+    // start tag at i=3 re-arms the budget, which then exhausts at i=5.
+    // Regression: before this fix, DONE absorbed all subsequent tokens and a
+    // second <think> block ran unbudgeted.
+    // Flow: i=0 accept(100)->COUNTING rem=2; i=1 accept(50)->rem=1;
+    //       i=2 accept(101)->end_matcher matches, DONE;
+    //       i=3 accept(100)->re-arm, COUNTING rem=2;
+    //       i=4 accept(60)->rem=1; i=5 accept(61)->rem=0->FORCING;
+    //       i=6 apply()->forces token[0]=102, accept(62)->force_pos=1, stay FORCING;
+    //       i=7 apply()->forces token[1]=101, accept(63)->force_pos=2->DONE.
+    {
+        const std::vector<llama_token> start = {100};
+        const std::vector<llama_token> end = {101};
+        const std::vector<llama_token> forced = {102, 101};
+        const std::vector<llama_token> sequence = {100, 50, 101, 100, 60, 61, 62, 63};
+
+        test_reasoning_budget("multi-block re-arms budget after DONE", sequence, start, end, forced,
+            2,      // budget of 2 tokens (per block)
+            REASONING_BUDGET_IDLE,
+            6,      // forcing starts at i=6 (after second block exhausts at i=5)
+            7);     // forcing continues through i=7
+    }
+
+    printf("OK (6 tests passed)\n");
 
     printf("Testing UTF-8 boundary detection... ");
     test_utf8_boundary_detection();