diff --git a/.github/workflows/ci-benchmarks.yml b/.github/workflows/ci-benchmarks.yml
deleted file mode 100644
index 416e65bfc2..0000000000
--- a/.github/workflows/ci-benchmarks.yml
+++ /dev/null
@@ -1,87 +0,0 @@
----
-name: CodSpeed Benchmarks
-
-on:
-  push:
-    branches: [dev]
-  pull_request:
-    paths:
-      - "esphome/components/api/**"
-      - "esphome/core/**"
-      - "tests/benchmarks/**"
-      - "script/cpp_benchmark.py"
-      - "script/test_helpers.py"
-      - ".github/workflows/ci-benchmarks.yml"
-  merge_group:
-
-permissions:
-  contents: read
-
-concurrency:
-  # yamllint disable-line rule:line-length
-  group: ${{ github.workflow }}-${{ github.event.pull_request.number || github.ref }}
-  cancel-in-progress: true
-
-env:
-  DEFAULT_PYTHON: "3.11"
-
-jobs:
-  common:
-    name: Create common environment
-    runs-on: ubuntu-24.04
-    outputs:
-      cache-key: ${{ steps.cache-key.outputs.key }}
-    steps:
-      - name: Check out code from GitHub
-        uses: actions/checkout@de0fac2e4500dabe0009e67214ff5f5447ce83dd # v6.0.2
-      - name: Generate cache-key
-        id: cache-key
-        run: echo key="${{ hashFiles('requirements.txt', 'requirements_test.txt') }}" >> $GITHUB_OUTPUT
-      - name: Set up Python ${{ env.DEFAULT_PYTHON }}
-        id: python
-        uses: actions/setup-python@a309ff8b426b58ec0e2a45f0f869d46889d02405 # v6.2.0
-        with:
-          python-version: ${{ env.DEFAULT_PYTHON }}
-      - name: Restore Python virtual environment
-        id: cache-venv
-        uses: actions/cache@cdf6c1fa76f9f475f3d7449005a359c84ca0f306 # v5.0.3
-        with:
-          path: venv
-          # yamllint disable-line rule:line-length
-          key: ${{ runner.os }}-${{ steps.python.outputs.python-version }}-venv-${{ steps.cache-key.outputs.key }}
-      - name: Create Python virtual environment
-        if: steps.cache-venv.outputs.cache-hit != 'true'
-        run: |
-          python -m venv venv
-          . venv/bin/activate
-          python --version
-          pip install -r requirements.txt -r requirements_test.txt
-          pip install -e .
-
-  benchmarks:
-    name: Run CodSpeed Benchmarks
-    runs-on: ubuntu-24.04
-    needs:
-      - common
-    steps:
-      - name: Check out code from GitHub
-        uses: actions/checkout@de0fac2e4500dabe0009e67214ff5f5447ce83dd # v6.0.2
-
-      - name: Restore Python
-        uses: ./.github/actions/restore-python
-        with:
-          python-version: ${{ env.DEFAULT_PYTHON }}
-          cache-key: ${{ needs.common.outputs.cache-key }}
-
-      - name: Build benchmarks
-        id: build
-        run: |
-          . venv/bin/activate
-          BINARY=$(script/cpp_benchmark.py --all --build-only 2>&1 | tail -1)
-          echo "binary=$BINARY" >> $GITHUB_OUTPUT
-
-      - name: Run CodSpeed benchmarks
-        uses: CodSpeedHQ/action@v4
-        with:
-          run: ${{ steps.build.outputs.binary }}
-          token: ${{ secrets.CODSPEED_TOKEN }}
diff --git a/.github/workflows/ci.yml b/.github/workflows/ci.yml
index f7710589c5..72c3762189 100644
--- a/.github/workflows/ci.yml
+++ b/.github/workflows/ci.yml
@@ -185,6 +185,7 @@ jobs:
       cpp-unit-tests-run-all: ${{ steps.determine.outputs.cpp-unit-tests-run-all }}
       cpp-unit-tests-components: ${{ steps.determine.outputs.cpp-unit-tests-components }}
       component-test-batches: ${{ steps.determine.outputs.component-test-batches }}
+      benchmarks: ${{ steps.determine.outputs.benchmarks }}
     steps:
       - name: Check out code from GitHub
         uses: actions/checkout@de0fac2e4500dabe0009e67214ff5f5447ce83dd # v6.0.2
@@ -227,6 +228,7 @@ jobs:
           echo "cpp-unit-tests-run-all=$(echo "$output" | jq -r '.cpp_unit_tests_run_all')" >> $GITHUB_OUTPUT
           echo "cpp-unit-tests-components=$(echo "$output" | jq -c '.cpp_unit_tests_components')" >> $GITHUB_OUTPUT
           echo "component-test-batches=$(echo "$output" | jq -c '.component_test_batches')" >> $GITHUB_OUTPUT
+          echo "benchmarks=$(echo "$output" | jq -r '.benchmarks')" >> $GITHUB_OUTPUT
       - name: Save components graph cache
         if: github.ref == 'refs/heads/dev'
         uses: actions/cache/save@cdf6c1fa76f9f475f3d7449005a359c84ca0f306 # v5.0.3
@@ -308,6 +310,36 @@ jobs:
             script/cpp_unit_test.py $ARGS
           fi
 
+  benchmarks:
+    name: Run CodSpeed benchmarks
+    runs-on: ubuntu-24.04
+    needs:
+      - common
+      - determine-jobs
+    if: github.event_name == 'pull_request' && needs.determine-jobs.outputs.benchmarks == 'True'
+    steps:
+      - name: Check out code from GitHub
+        uses: actions/checkout@de0fac2e4500dabe0009e67214ff5f5447ce83dd # v6.0.2
+
+      - name: Restore Python
+        uses: ./.github/actions/restore-python
+        with:
+          python-version: ${{ env.DEFAULT_PYTHON }}
+          cache-key: ${{ needs.common.outputs.cache-key }}
+
+      - name: Build benchmarks
+        id: build
+        run: |
+          . venv/bin/activate
+          BINARY=$(script/cpp_benchmark.py --all --build-only 2>&1 | tail -1)
+          echo "binary=$BINARY" >> $GITHUB_OUTPUT
+
+      - name: Run CodSpeed benchmarks
+        uses: CodSpeedHQ/action@281164b0f014a4e7badd2c02cecad9b595b70537 # v4
+        with:
+          run: ${{ steps.build.outputs.binary }}
+          token: ${{ secrets.CODSPEED_TOKEN }}
+
   clang-tidy-single:
     name: ${{ matrix.name }}
     runs-on: ubuntu-24.04
diff --git a/script/determine-jobs.py b/script/determine-jobs.py
index 6808a3cf6c..e9fcd8925f 100755
--- a/script/determine-jobs.py
+++ b/script/determine-jobs.py
@@ -381,6 +381,51 @@ def determine_cpp_unit_tests(
     return (False, get_cpp_changed_components(cpp_files))
 
 
+def should_run_benchmarks(branch: str | None = None) -> bool:
+    """Determine if C++ benchmarks should run based on changed files.
+
+    Benchmarks run when any of the following conditions are met:
+
+    1. Core C++ files changed (esphome/core/*)
+    2. A directly changed component has benchmark files (no dependency expansion)
+    3. Benchmark infrastructure changed (tests/benchmarks/*, script/cpp_benchmark.py,
+       script/test_helpers.py)
+
+    Unlike unit tests, benchmarks do NOT expand to dependent components.
+    Changing ``sensor`` does not trigger ``api`` benchmarks just because
+    api depends on sensor.
+
+    Args:
+        branch: Branch to compare against. If None, uses default.
+
+    Returns:
+        True if benchmarks should run, False otherwise.
+    """
+    files = changed_files(branch)
+    if core_changed(files):
+        return True
+
+    # Check if benchmark infrastructure changed
+    if any(
+        f.startswith("tests/benchmarks/")
+        or f in ("script/cpp_benchmark.py", "script/test_helpers.py")
+        for f in files
+    ):
+        return True
+
+    # Check if any directly changed component has benchmarks
+    benchmarks_dir = Path(root_path) / "tests" / "benchmarks" / "components"
+    if not benchmarks_dir.is_dir():
+        return False
+    benchmarked_components = {
+        d.name
+        for d in benchmarks_dir.iterdir()
+        if d.is_dir() and (any(d.glob("*.cpp")) or any(d.glob("*.h")))
+    }
+    # Only direct changes — no dependency expansion
+    return any(get_component_from_path(f) in benchmarked_components for f in files)
+
+
 def _any_changed_file_endswith(branch: str | None, extensions: tuple[str, ...]) -> bool:
     """Check if a changed file ends with any of the specified extensions."""
     return any(file.endswith(extensions) for file in changed_files(branch))
@@ -804,6 +849,9 @@ def main() -> None:
     # Determine which C++ unit tests to run
     cpp_run_all, cpp_components = determine_cpp_unit_tests(args.branch)
 
+    # Determine if benchmarks should run
+    run_benchmarks = should_run_benchmarks(args.branch)
+
     # Split components into batches for CI testing
     # This intelligently groups components with similar bus configurations
     component_test_batches: list[str]
@@ -856,6 +904,7 @@ def main() -> None:
         "cpp_unit_tests_run_all": cpp_run_all,
         "cpp_unit_tests_components": cpp_components,
         "component_test_batches": component_test_batches,
+        "benchmarks": run_benchmarks,
     }
 
     # Output as JSON