diff --git a/tests/distributed/test_eplb_fused_moe_layer_dep_nvfp4.py b/tests/distributed/test_eplb_fused_moe_layer_dep_nvfp4.py
index 551811e60e8..e2d54821ce9 100644
--- a/tests/distributed/test_eplb_fused_moe_layer_dep_nvfp4.py
+++ b/tests/distributed/test_eplb_fused_moe_layer_dep_nvfp4.py
@@ -225,6 +225,12 @@ def _test_eplb_fml(env, world_size: int, test_config: TestConfig):
                 logical_to_physical_map,
                 logical_replica_count,
             )
+            fml.router.eplb_state.should_record_tensor = torch.ones(
+                (), dtype=torch.bool, device=device
+            )
+            fml.router.eplb_state.num_unpadded_tokens_tensors = [
+                torch.tensor(0, dtype=torch.int32, device=device)
+            ]
 
         out_after_shuffle = []
         with set_forward_context(
diff --git a/tests/kernels/moe/test_moe_layer.py b/tests/kernels/moe/test_moe_layer.py
index d1bcd3241aa..552063988fa 100644
--- a/tests/kernels/moe/test_moe_layer.py
+++ b/tests/kernels/moe/test_moe_layer.py
@@ -1332,6 +1332,9 @@ def _test_body_eplb(
     eplb_moe_layer.router.eplb_state.should_record_tensor = torch.ones(
         (), dtype=torch.bool, device=device
     )
+    eplb_moe_layer.router.eplb_state.num_unpadded_tokens_tensors = [
+        torch.tensor(0, dtype=torch.int32, device=device)
+    ]
 
     # Get "after" output with rearranged weights and EPLB routing
     with set_forward_context(
diff --git a/tests/kernels/moe/test_routing.py b/tests/kernels/moe/test_routing.py
index 41dea812193..62a4968a0d1 100644
--- a/tests/kernels/moe/test_routing.py
+++ b/tests/kernels/moe/test_routing.py
@@ -61,12 +61,14 @@ def setup_eplb_state(
         global_num_experts, dtype=torch.int64, device="cuda"
     )
     should_record_tensor = torch.ones((), dtype=torch.bool, device="cuda")
+    num_unpadded_tokens_tensors = [torch.tensor(0, dtype=torch.int32, device="cuda")]
 
     return EplbLayerState(
         expert_load_view=expert_load_view,
         logical_to_physical_map=logical_to_physical_map,
         logical_replica_count=logical_replica_count,
         should_record_tensor=should_record_tensor,
+        num_unpadded_tokens_tensors=num_unpadded_tokens_tensors,
     )
 
 
@@ -782,3 +784,67 @@ def test_eplb_map_with_redundancy(
         torch.testing.assert_close(load, exp_load)
     else:
         assert load.sum().item() == 0
+
+
+@pytest.mark.parametrize(
+    "l2p_map, replica_count, num_physical, topk_ids, "
+    "num_unpadded, expected_out, expected_load",
+    [
+        pytest.param(
+            [[0], [1], [2], [3]],
+            [1, 1, 1, 1],
+            4,
+            [[0, 1], [2, 3], [0, 2], [1, 3]],
+            2,
+            [[0, 1], [2, 3], [0, 2], [1, 3]],
+            # only rows 0,1 counted: expert 0→1, 1→1, 2→1, 3→1
+            [1, 1, 1, 1],
+            id="half_padded",
+        ),
+        pytest.param(
+            # record everything (None = no padding info)
+            [[0], [1], [2], [3]],
+            [1, 1, 1, 1],
+            4,
+            [[0, 1], [2, 3], [0, 2], [1, 3]],
+            None,
+            [[0, 1], [2, 3], [0, 2], [1, 3]],
+            [2, 2, 2, 2],
+            id="no_padding_info",
+        ),
+    ],
+)
+def test_eplb_map_num_unpadded_tokens(
+    l2p_map,
+    replica_count,
+    num_physical,
+    topk_ids,
+    num_unpadded,
+    expected_out,
+    expected_load,
+):
+    l2p = torch.tensor(l2p_map, dtype=torch.int64, device="cuda")
+    rc = torch.tensor(replica_count, dtype=torch.int64, device="cuda")
+    load = torch.zeros(num_physical, dtype=torch.int32, device="cuda")
+    rec = torch.tensor(True, dtype=torch.bool, device="cuda")
+    ids = torch.tensor(topk_ids, dtype=torch.int32, device="cuda")
+    num_unpadded_t = (
+        torch.tensor(num_unpadded, dtype=torch.int32, device="cuda")
+        if num_unpadded is not None
+        else None
+    )
+
+    out = eplb_map_to_physical_and_record(
+        topk_ids=ids,
+        expert_load_view=load,
+        logical_to_physical_map=l2p,
+        logical_replica_count=rc,
+        record_enabled=rec,
+        num_unpadded_tokens=num_unpadded_t,
+    )
+
+    exp_out = torch.tensor(expected_out, dtype=out.dtype, device="cuda")
+    torch.testing.assert_close(out, exp_out)
+
+    exp_load = torch.tensor(expected_load, dtype=torch.int32, device="cuda")
+    torch.testing.assert_close(load, exp_load)
diff --git a/tests/model_executor/test_routed_experts_capture.py b/tests/model_executor/test_routed_experts_capture.py
index d1a542396e6..9efee9eec82 100644
--- a/tests/model_executor/test_routed_experts_capture.py
+++ b/tests/model_executor/test_routed_experts_capture.py
@@ -91,6 +91,7 @@ def test_base_router_capture_with_eplb_enabled():
     eplb_state.logical_to_physical_map = torch.arange(32).view(32, 1)
     eplb_state.logical_replica_count = torch.ones(32, dtype=torch.int64)
     eplb_state.should_record_tensor = torch.ones((), dtype=torch.bool)
+    eplb_state.num_unpadded_tokens_tensors = [torch.tensor(0, dtype=torch.int32)]
     router = _make_router(eplb_state=eplb_state)
 
     captured = []
diff --git a/vllm/config/utils.py b/vllm/config/utils.py
index 12e0385aeb1..3df0f7210f7 100644
--- a/vllm/config/utils.py
+++ b/vllm/config/utils.py
@@ -203,6 +203,26 @@ class SupportsHash(Protocol):
     def compute_hash(self) -> str: ...
 
 
+_config_hash_cache: dict[int, str] = {}
+
+
+def compute_hash_cached(config: SupportsHash) -> str:
+    """Cache config.compute_hash() by object identity.
+
+    Config objects (ModelConfig, etc.) are long-lived singletons that never
+    mutate after construction, but compute_hash() is expensive (JSON
+    serialization + SHA-256).  This utility avoids recomputing the hash on
+    every forward pass while keeping a single consistent key type for all
+    lookup paths.
+    """
+    key = id(config)
+    result = _config_hash_cache.get(key)
+    if result is None:
+        result = config.compute_hash()
+        _config_hash_cache[key] = result
+    return result
+
+
 class SupportsMetricsInfo(Protocol):
     def metrics_info(self) -> dict[str, str]: ...
 
diff --git a/vllm/distributed/elastic_ep/elastic_execute.py b/vllm/distributed/elastic_ep/elastic_execute.py
index 3cb0d603e3e..b0c3740f57e 100644
--- a/vllm/distributed/elastic_ep/elastic_execute.py
+++ b/vllm/distributed/elastic_ep/elastic_execute.py
@@ -458,7 +458,9 @@ class ElasticEPScalingExecutor:
                 eplb_model_state.logical_to_physical_map,
                 eplb_model_state.logical_replica_count,
             )
-            eplb_state._init_should_record_tensor(model)
+            eplb_state._propagate_shared_tensors(
+                model, eplb_model_state.num_unpadded_tokens_tensors
+            )
             model.update_physical_experts_metadata(
                 num_physical_experts=num_physical_experts,
                 num_local_physical_experts=num_local_experts,
diff --git a/vllm/distributed/eplb/eplb_state.py b/vllm/distributed/eplb/eplb_state.py
index 74f357fbdbf..feacb03d28b 100644
--- a/vllm/distributed/eplb/eplb_state.py
+++ b/vllm/distributed/eplb/eplb_state.py
@@ -35,6 +35,7 @@ import torch
 from torch.distributed import ProcessGroup, all_reduce
 
 from vllm.config import ModelConfig, ParallelConfig
+from vllm.config.utils import compute_hash_cached
 from vllm.distributed.parallel_state import (
     get_ep_group,
     get_eplb_group,
@@ -206,6 +207,13 @@ class EplbModelState:
     pending_result relies on the GIL to synchronize access between the main thread and
     the async worker.
     """
+    num_unpadded_tokens_tensors: list[torch.Tensor] | None = None
+    """
+    Per-ubatch scalar int32 tensors holding the number of real (non-padding)
+    tokens.  Allocated once in :meth:`EplbState.add_model` so that device
+    pointers remain stable across CUDA-graph replays.  The router kernel
+    indexes this list with ``dbo_current_ubatch_id()``.
+    """
 
 
 class EplbState:
@@ -253,7 +261,7 @@ class EplbState:
         Shared scalar bool tensor for all layers.  Every
         :class:`EplbLayerState` holds a reference to the **same** object so
         a single ``.fill_()`` updates all layers at once.  Allocated on the
-        first call to :meth:`_init_should_record_tensor`.
+        first call to :meth:`_propagate_shared_tensors`.
         """
         self.is_async: bool = False
         """
@@ -440,12 +448,19 @@ class EplbState:
         self.policy = EPLB_POLICIES[policy_type]
         logger.debug("Selected EPLB policy: %s", policy_type)
 
+        # num_ubatches is 0 when DBO is disabled.
+        num_ubatches = max(1, self.parallel_config.num_ubatches)
+        num_unpadded_tokens_tensors = [
+            torch.tensor(0, dtype=torch.int32, device=self.device)
+            for _ in range(num_ubatches)
+        ]
+
         model.set_eplb_state(
             expert_load_pass,
             logical_to_physical_map,
             logical_replica_count,
         )
-        self._init_should_record_tensor(model)
+        self._propagate_shared_tensors(model, num_unpadded_tokens_tensors)
         expert_buffer = [torch.empty_like(w) for w in model.expert_weights[0]]
 
         assert self.parallel_config.eplb_config.communicator is not None, (
@@ -471,10 +486,43 @@ class EplbState:
             eplb_stats=None,
             cuda_device_index=self.cuda_device_index,
             communicator=communicator,
+            num_unpadded_tokens_tensors=num_unpadded_tokens_tensors,
         )
         self.model_states[model_config.compute_hash()] = model_state
         self.num_valid_physical_experts = model.num_physical_experts
 
+    def prepare_forward(
+        self,
+        model_config: ModelConfig,
+        num_unpadded_tokens: int,
+        ubatch_slices: list | None = None,
+    ) -> None:
+        """Fill the per-[u]batch ``num_unpadded_tokens`` tensors before a
+        forward pass.
+
+        Args:
+            model_config: Identifies which ``EplbModelState`` to update.
+            num_unpadded_tokens: Total number of real (non-padding) tokens
+                in the batch.
+            ubatch_slices: When DBO is active, a list of
+                ``UBatchSlice`` objects describing each micro-batch's
+                token range.  When ``None``, only ``tensors[0]`` is filled.
+        """
+        model_state = self.model_states.get(compute_hash_cached(model_config))
+        if model_state is None or model_state.num_unpadded_tokens_tensors is None:
+            return
+        tensors = model_state.num_unpadded_tokens_tensors
+        if ubatch_slices is None:
+            tensors[0].fill_(num_unpadded_tokens)
+        else:
+            for i, ubatch_slice in enumerate(ubatch_slices):
+                ts = ubatch_slice.token_slice
+                # Real tokens in this ubatch: clamp the global count into
+                # the slice range so partially-filled ubatches get the
+                # correct count.
+                val = max(0, min(num_unpadded_tokens, ts.stop) - ts.start)
+                tensors[i].fill_(val)
+
     def step(
         self,
         is_dummy: bool = False,
@@ -638,11 +686,20 @@ class EplbState:
                 self._should_record_current_step(log_stats=log_stats)
             )
 
-    def _init_should_record_tensor(self, model: "MixtureOfExperts") -> None:  # type: ignore[name-defined]
-        """Allocate (once) and propagate the shared ``should_record_tensor``.
+    def _propagate_shared_tensors(
+        self,
+        model: "MixtureOfExperts",  # type: ignore[name-defined]
+        num_unpadded_tokens_tensors: list[torch.Tensor],
+    ) -> None:
+        """Propagate shared tensors to every :class:`EplbLayerState`.
+
+        Allocates ``should_record_tensor`` on the first call and then
+        assigns both it and ``num_unpadded_tokens_tensors`` to every
+        MoE layer's :class:`EplbLayerState`.  All layers reference the
+        **same** objects so a single update is visible everywhere.
 
         Must be called after :meth:`model.set_eplb_state` so that each
-        layer's ``eplb_state`` is already populated with the tensor views.
+        layer's ``eplb_state`` is already populated.
         """
         layer_states = [
             layer.eplb_state
@@ -659,6 +716,7 @@ class EplbState:
         for ls in layer_states:
             if ls is not None:
                 ls.should_record_tensor = self.should_record_tensor
+                ls.num_unpadded_tokens_tensors = num_unpadded_tokens_tensors
 
     def rearrange(
         self,
@@ -985,6 +1043,11 @@ class EplbLayerState:
     sliding window before the next rearrangement, so recording them wastes
     GPU work.
     """
+    num_unpadded_tokens_tensors: list[torch.Tensor] | None = None
+    """
+    Reference to the parent :class:`EplbModelState`'s tensor list so the
+    router can read the correct per-[u]batch unpadded token count.
+    """
 
     def set_layer_state(
         self,
diff --git a/vllm/model_executor/layers/fused_moe/router/base_router.py b/vllm/model_executor/layers/fused_moe/router/base_router.py
index 4ba855b645f..01e674b2b13 100644
--- a/vllm/model_executor/layers/fused_moe/router/base_router.py
+++ b/vllm/model_executor/layers/fused_moe/router/base_router.py
@@ -11,6 +11,7 @@ from vllm.model_executor.layers.fused_moe.router.fused_moe_router import (
 )
 from vllm.platforms import current_platform
 from vllm.triton_utils import tl, triton
+from vllm.v1.worker.ubatching import dbo_current_ubatch_id
 
 if current_platform.is_cuda_alike():
 
@@ -22,11 +23,13 @@ if current_platform.is_cuda_alike():
         out_ids_ptr,
         out_ptr,
         record_enabled_ptr,
+        num_unpadded_tokens_ptr,
         num_logical_experts,
         map_slots,
         out_size,
         numel,
         num_active_experts,
+        HAS_NUM_UNPADDED: tl.constexpr,
         BLOCK_SIZE: tl.constexpr,
     ):
         pid = tl.program_id(0)
@@ -50,6 +53,13 @@ if current_platform.is_cuda_alike():
         token_idx = (offs // num_active_experts).to(tl.int64)
         hashed = (token_idx * KNUTH_MULTIPLIER) & 0xFFFFFFFF
         replica_idx = hashed % replica_count
+        map_index = safe_expert_id * map_slots + replica_idx
+        physical_id = tl.load(
+            logical_to_physical_ptr + map_index,
+            mask=mask & valid_expert,
+            other=-1,
+        )
+        tl.store(out_ids_ptr + offs, physical_id, mask=mask)
 
         # 2. Record expert load metrics.
 
@@ -64,16 +74,21 @@ if current_platform.is_cuda_alike():
         # If later refactor moved all the MoE kernel calls
         # to the modular kernel, we can move this logic there
         # to achieve better efficiency.
-        map_index = safe_expert_id * map_slots + replica_idx
-        physical_id = tl.load(
-            logical_to_physical_ptr + map_index,
-            mask=mask & valid_expert,
-            other=-1,
-        )
-        tl.store(out_ids_ptr + offs, physical_id, mask=mask)
 
         record_enabled = tl.load(record_enabled_ptr) != 0
-        valid = mask & record_enabled & (physical_id >= 0) & (physical_id < out_size)
+        # Skip padded tokens when recording.
+        if HAS_NUM_UNPADDED:
+            num_unpadded_tokens = tl.load(num_unpadded_tokens_ptr)
+            is_unpadded = offs < num_unpadded_tokens * num_active_experts
+        else:
+            is_unpadded = True
+        valid = (
+            mask
+            & record_enabled
+            & is_unpadded
+            & (physical_id >= 0)
+            & (physical_id < out_size)
+        )
         safe_physical_id = tl.where(physical_id >= 0, physical_id, 0)
         tl.atomic_add(out_ptr + safe_physical_id, 1, mask=valid)
 
@@ -83,6 +98,7 @@ if current_platform.is_cuda_alike():
         logical_replica_count: torch.Tensor,
         expert_load_view: torch.Tensor,
         record_enabled: torch.Tensor,
+        num_unpadded_tokens: torch.Tensor | None,
     ) -> torch.Tensor:
         topk_ids_in = topk_ids.contiguous().to(dtype=torch.int32)
         numel = topk_ids_in.numel()
@@ -99,11 +115,13 @@ if current_platform.is_cuda_alike():
             out_flat,
             expert_load_view,
             record_enabled,
+            num_unpadded_tokens,
             logical_replica_count.shape[0],
             logical_to_physical_map.shape[1],
             expert_load_view.shape[0],
             numel,
             num_active_experts,
+            HAS_NUM_UNPADDED=num_unpadded_tokens is not None,
             BLOCK_SIZE=256,
         )
         return out_flat.reshape(topk_ids.shape)
@@ -114,6 +132,7 @@ if current_platform.is_cuda_alike():
         logical_to_physical_map: torch.Tensor,
         logical_replica_count: torch.Tensor,
         record_enabled: torch.Tensor,
+        num_unpadded_tokens: torch.Tensor | None = None,
     ) -> torch.Tensor:
         # Fused triton implementation: mapping + optional recording in one kernel.
         return _eplb_map_and_record_triton(
@@ -122,6 +141,7 @@ if current_platform.is_cuda_alike():
             logical_replica_count=logical_replica_count,
             expert_load_view=expert_load_view,
             record_enabled=record_enabled,
+            num_unpadded_tokens=num_unpadded_tokens,
         )
 else:
 
@@ -131,6 +151,7 @@ else:
         logical_to_physical_map: torch.Tensor,
         logical_replica_count: torch.Tensor,
         record_enabled: torch.Tensor,
+        num_unpadded_tokens: torch.Tensor | None = None,
     ) -> torch.Tensor:
         return topk_ids
 
@@ -177,6 +198,8 @@ class BaseRouter(FusedMoERouter):
                 raise ValueError("EPLB requires logical_replica_count != None")
             if eplb_state.should_record_tensor is None:
                 raise ValueError("EPLB requires should_record_tensor != None")
+            if eplb_state.num_unpadded_tokens_tensors is None:
+                raise ValueError("EPLB requires num_unpadded_tokens_tensors != None")
 
     def _apply_eplb_mapping(self, topk_ids: torch.Tensor) -> torch.Tensor:
         """Apply EPLB mapping to convert logical expert IDs to physical expert IDs."""
@@ -186,12 +209,16 @@ class BaseRouter(FusedMoERouter):
             assert eplb_state.logical_to_physical_map is not None
             assert eplb_state.logical_replica_count is not None
             assert eplb_state.should_record_tensor is not None
+            assert eplb_state.num_unpadded_tokens_tensors is not None
             return eplb_map_to_physical_and_record(
                 topk_ids=topk_ids,
                 logical_to_physical_map=eplb_state.logical_to_physical_map,
                 logical_replica_count=eplb_state.logical_replica_count,
                 expert_load_view=eplb_state.expert_load_view,
                 record_enabled=eplb_state.should_record_tensor,
+                num_unpadded_tokens=eplb_state.num_unpadded_tokens_tensors[
+                    dbo_current_ubatch_id()
+                ],
             )
         return topk_ids
 
diff --git a/vllm/models/deepseek_v4/nvidia/model.py b/vllm/models/deepseek_v4/nvidia/model.py
index 99373361922..f1bcd534e97 100644
--- a/vllm/models/deepseek_v4/nvidia/model.py
+++ b/vllm/models/deepseek_v4/nvidia/model.py
@@ -70,6 +70,7 @@ from vllm.platforms import current_platform
 from vllm.sequence import IntermediateTensors
 from vllm.utils.math_utils import cdiv
 from vllm.v1.attention.backends.registry import AttentionBackendEnum
+from vllm.v1.worker.ubatching import dbo_current_ubatch_id
 
 
 class DeepseekV4MLP(nn.Module):
@@ -464,6 +465,11 @@ class DeepseekV4MegaMoEExperts(nn.Module):
                 logical_to_physical_map=eplb_state.logical_to_physical_map,
                 logical_replica_count=eplb_state.logical_replica_count,
                 record_enabled=eplb_state.should_record_tensor,
+                num_unpadded_tokens=eplb_state.num_unpadded_tokens_tensors[
+                    dbo_current_ubatch_id()
+                ]
+                if eplb_state.num_unpadded_tokens_tensors is not None
+                else None,
             )
 
         prepare_megamoe_inputs(
diff --git a/vllm/v1/spec_decode/extract_hidden_states.py b/vllm/v1/spec_decode/extract_hidden_states.py
index b6f9eac4dfa..de7a075e2f7 100644
--- a/vllm/v1/spec_decode/extract_hidden_states.py
+++ b/vllm/v1/spec_decode/extract_hidden_states.py
@@ -9,6 +9,7 @@ import torch
 import torch.nn as nn
 
 from vllm.config import CUDAGraphMode, VllmConfig, get_layers_from_vllm_config
+from vllm.distributed.eplb.eplb_state import EplbState
 from vllm.forward_context import set_forward_context
 from vllm.model_executor.layers.attention_layer_base import AttentionLayerBase
 from vllm.model_executor.model_loader import get_model
@@ -43,6 +44,8 @@ class ExtractHiddenStatesProposer:
         self.dtype = vllm_config.model_config.dtype
         self.dp_rank = vllm_config.parallel_config.data_parallel_rank
 
+        self.eplb_state: EplbState | None = None
+
         # Model and attention layer tracking (initialized in load_model)
         self.model: nn.Module | None = None
         self.attn_layer_names: list[str] = []
@@ -83,6 +86,10 @@ class ExtractHiddenStatesProposer:
             self.max_num_tokens, dtype=torch.int64, device=device
         )
 
+    def set_eplb_state(self, eplb_state: EplbState) -> None:
+        """Inject EPLB state after construction."""
+        self.eplb_state = eplb_state
+
     def propose(
         self,
         num_speculative_tokens: int,
@@ -145,6 +152,12 @@ class ExtractHiddenStatesProposer:
         if num_tokens_across_dp is not None:
             num_tokens_across_dp[self.dp_rank] = num_input_tokens
 
+        if self.eplb_state is not None:
+            assert self.vllm_config.speculative_config is not None
+            self.eplb_state.prepare_forward(
+                self.vllm_config.speculative_config.draft_model_config,
+                num_tokens,
+            )
         with set_forward_context(
             per_layer_attn_metadata,
             self.vllm_config,
diff --git a/vllm/v1/spec_decode/llm_base_proposer.py b/vllm/v1/spec_decode/llm_base_proposer.py
index c78d0660665..4eaf6e9e4f8 100644
--- a/vllm/v1/spec_decode/llm_base_proposer.py
+++ b/vllm/v1/spec_decode/llm_base_proposer.py
@@ -15,6 +15,7 @@ from vllm.config import (
     get_layers_from_vllm_config,
     replace,
 )
+from vllm.distributed.eplb.eplb_state import EplbState
 from vllm.distributed.parallel_state import get_pp_group
 from vllm.forward_context import set_forward_context
 from vllm.logger import init_logger
@@ -79,6 +80,7 @@ class SpecDecodeBaseProposer:
         self.dtype = vllm_config.model_config.dtype
         self.max_model_len = vllm_config.model_config.max_model_len
         self.dp_rank = vllm_config.parallel_config.data_parallel_rank
+        self.eplb_state: EplbState | None = None
         self.num_speculative_tokens = self.speculative_config.num_speculative_tokens
 
         # We need to get the hidden size from the draft model config because
@@ -328,6 +330,10 @@ class SpecDecodeBaseProposer:
                 "does not support M-RoPE yet"
             )
 
+    def set_eplb_state(self, eplb_state: EplbState) -> None:
+        """Inject EPLB state after construction."""
+        self.eplb_state = eplb_state
+
     def _init_parallel_drafting_params(self):
         # For parallel drafting, we need the token ID to use for masked slots
         # And for EAGLE + parallel drafting, we need the hidden state tensor to use
@@ -527,6 +533,12 @@ class SpecDecodeBaseProposer:
         if self._share_mtp_indices and hasattr(self.model.model, "set_skip_topk"):
             self.model.model.set_skip_topk(False)
 
+        if self.eplb_state is not None:
+            self.eplb_state.prepare_forward(
+                self.draft_model_config,
+                num_tokens,
+            )
+
         with set_forward_context(
             per_layer_attn_metadata,
             self.vllm_config,
@@ -672,6 +684,12 @@ class SpecDecodeBaseProposer:
             if self.pass_hidden_states_to_model:
                 model_kwargs["hidden_states"] = self.hidden_states[:input_batch_size]
 
+            if self.eplb_state is not None:
+                self.eplb_state.prepare_forward(
+                    self.draft_model_config,
+                    batch_size,
+                )
+
             with set_forward_context(
                 per_layer_attn_metadata,
                 self.vllm_config,
diff --git a/vllm/v1/worker/gpu/eplb_utils.py b/vllm/v1/worker/gpu/eplb_utils.py
index 8f04ce3577c..aea6fdeff83 100644
--- a/vllm/v1/worker/gpu/eplb_utils.py
+++ b/vllm/v1/worker/gpu/eplb_utils.py
@@ -8,6 +8,7 @@ from typing import Any
 import torch
 import torch.nn as nn
 
+from vllm.config import ModelConfig
 from vllm.distributed.eplb.eplb_state import EplbState
 from vllm.logger import init_logger
 from vllm.model_executor.models.interfaces import (
@@ -90,6 +91,7 @@ class EPLBController:
             draft_model,
             speculative_config.draft_model_config,
         )
+        speculator.set_eplb_state(self.state)
         self._has_registered_models = True
         return True
 
@@ -135,6 +137,16 @@ class EPLBController:
             log_stats=self.parallel_config.eplb_config.log_balancedness,
         )
 
+    def prepare_forward(
+        self,
+        model_config: ModelConfig,
+        num_unpadded_tokens: int,
+        ubatch_slices: list | None = None,
+    ) -> None:
+        if self.state is None or not self.parallel_config.enable_eplb:
+            return
+        self.state.prepare_forward(model_config, num_unpadded_tokens, ubatch_slices)
+
     def setup_from_mapping(
         self,
         model: nn.Module,
diff --git a/vllm/v1/worker/gpu/model_runner.py b/vllm/v1/worker/gpu/model_runner.py
index ce1bb7f5504..0f57e8a31cd 100644
--- a/vllm/v1/worker/gpu/model_runner.py
+++ b/vllm/v1/worker/gpu/model_runner.py
@@ -1284,6 +1284,9 @@ class GPUModelRunner(LoRAModelRunnerMixin):
             model_inputs["intermediate_tensors"] = IntermediateTensors(new_tensors)
             del intermediate_tensors
 
+        # Update the EPLB meta.
+        self.eplb.prepare_forward(self.model_config, input_batch.num_tokens)
+
         # Run model.
         if batch_desc.cg_mode == CUDAGraphMode.FULL:
             # Use explicit cudagraph replay for FULL mode.
diff --git a/vllm/v1/worker/gpu/spec_decode/autoregressive/speculator.py b/vllm/v1/worker/gpu/spec_decode/autoregressive/speculator.py
index f1ab8677f75..747fb3a3905 100644
--- a/vllm/v1/worker/gpu/spec_decode/autoregressive/speculator.py
+++ b/vllm/v1/worker/gpu/spec_decode/autoregressive/speculator.py
@@ -213,6 +213,8 @@ class AutoRegressiveSpeculator(DraftModelSpeculator):
             need_eager=is_profile,
         )
 
+        self._prepare_eplb_forward(input_batch.num_tokens)
+
         if prefill_batch_desc.cg_mode == CUDAGraphMode.FULL:
             # Replay the full graph for draft prefill.
             assert self.prefill_cudagraph_manager is not None
@@ -424,6 +426,8 @@ class AutoRegressiveSpeculator(DraftModelSpeculator):
         num_tokens_across_dp: torch.Tensor | None,
         cudagraph_runtime_mode: CUDAGraphMode = CUDAGraphMode.NONE,
     ) -> None:
+        self._prepare_eplb_forward(num_reqs)
+
         idx_mapping = self.idx_mapping[:num_reqs]
         positions = self.input_buffers.positions[:num_reqs]
         # Run the draft model forward pass.
diff --git a/vllm/v1/worker/gpu/spec_decode/dflash/speculator.py b/vllm/v1/worker/gpu/spec_decode/dflash/speculator.py
index 1bd130838a1..e4583967492 100644
--- a/vllm/v1/worker/gpu/spec_decode/dflash/speculator.py
+++ b/vllm/v1/worker/gpu/spec_decode/dflash/speculator.py
@@ -278,6 +278,9 @@ class DFlashSpeculator(DraftModelSpeculator):
                 self.hidden_states[:num_target_tokens],
                 self.context_positions[:num_target_tokens],
             )
+            # DFlash processes all speculative tokens in one forward pass,
+            # so the real token count is num_query_tokens.
+            self._prepare_eplb_forward(num_query_tokens)
             self._generate_draft(
                 num_reqs,
                 num_query_tokens,
@@ -354,6 +357,10 @@ class DFlashSpeculator(DraftModelSpeculator):
             self.kv_cache_config,
         )
 
+        # DFlash processes all speculative tokens in one forward pass,
+        # so the real token count is num_query_tokens.
+        self._prepare_eplb_forward(num_query_tokens)
+
         if batch_desc.cg_mode == CUDAGraphMode.FULL:
             assert self.query_cudagraph_manager is not None
             self.query_cudagraph_manager.run_fullgraph(batch_desc)
diff --git a/vllm/v1/worker/gpu/spec_decode/speculator.py b/vllm/v1/worker/gpu/spec_decode/speculator.py
index b06c9372a95..341ed715c7a 100644
--- a/vllm/v1/worker/gpu/spec_decode/speculator.py
+++ b/vllm/v1/worker/gpu/spec_decode/speculator.py
@@ -8,6 +8,7 @@ import torch.nn as nn
 
 from vllm.config import VllmConfig, get_layers_from_vllm_config
 from vllm.config.compilation import CUDAGraphMode
+from vllm.distributed.eplb.eplb_state import EplbState
 from vllm.logger import init_logger
 from vllm.model_executor.layers.attention_layer_base import AttentionLayerBase
 from vllm.v1.kv_cache_interface import KVCacheConfig
@@ -106,6 +107,8 @@ class DraftModelSpeculator(BaseSpeculator):
         self.dp_size = vllm_config.parallel_config.data_parallel_size
         self.dp_rank = vllm_config.parallel_config.data_parallel_rank
 
+        self.eplb_state: EplbState | None = None
+
         self.input_buffers = InputBuffers(
             max_num_reqs=self.max_num_reqs,
             max_num_tokens=self.max_num_tokens,
@@ -165,6 +168,18 @@ class DraftModelSpeculator(BaseSpeculator):
         )
         self.draft_attn_layer_names = all_attn_layers - target_attn_layer_names
 
+    def set_eplb_state(self, eplb_state: EplbState) -> None:
+        """Inject EPLB state after construction."""
+        self.eplb_state = eplb_state
+
+    def _prepare_eplb_forward(self, num_unpadded_tokens: int) -> None:
+        """Call EPLB prepare_forward if EPLB is active for the draft model."""
+        if self.eplb_state is not None:
+            self.eplb_state.prepare_forward(
+                self.speculative_config.draft_model_config,
+                num_unpadded_tokens,
+            )
+
     def set_attn(
         self,
         model_state: ModelState,
diff --git a/vllm/v1/worker/gpu_model_runner.py b/vllm/v1/worker/gpu_model_runner.py
index 6af53115775..ff1eba09fd0 100644
--- a/vllm/v1/worker/gpu_model_runner.py
+++ b/vllm/v1/worker/gpu_model_runner.py
@@ -4319,6 +4319,13 @@ class GPUModelRunner(
         # When spec decode is enabled, defer connector finalization
         # (wait_for_save + clear metadata) until after draft model runs.
         defer_kv_connector_finalize = self.speculative_config is not None
+        # Update the EPLB meta.
+        if self.eplb_state is not None:
+            self.eplb_state.prepare_forward(
+                self.model_config,
+                num_tokens_unpadded,
+                ubatch_slices_padded,
+            )
         with (
             set_forward_context(
                 attn_metadata,
@@ -5215,6 +5222,8 @@ class GPUModelRunner(
                             self.drafter.model,
                             spec_config.draft_model_config,
                         )
+                        assert hasattr(self.drafter, "set_eplb_state")
+                        self.drafter.set_eplb_state(self.eplb_state)
                         eplb_models += 1
 
                 self._setup_eagle3_aux_hidden_state_outputs()