diff --git a/core/src/commonMain/kotlin/com/revenuecat/purchases/kmp/Purchases.kt b/core/src/commonMain/kotlin/com/revenuecat/purchases/kmp/Purchases.kt
index 088fa818..66459d99 100644
--- a/core/src/commonMain/kotlin/com/revenuecat/purchases/kmp/Purchases.kt
+++ b/core/src/commonMain/kotlin/com/revenuecat/purchases/kmp/Purchases.kt
@@ -107,6 +107,10 @@ public expect class Purchases {
     /**
      * The delegate is responsible for handling promotional product purchases (App Store only) and
      * changes to customer information.
+     *
+     * **Note:** If your delegate is not a singleton, make sure you set this back to null when
+     * you're done to avoid memory leaks. For instance, if your delegate is tied to a screen, set
+     * this to null when the user navigates away from the screen.
      */
     public var delegate: PurchasesDelegate?
 
diff --git a/core/src/iosMain/kotlin/com/revenuecat/purchases/kmp/Purchases.ios.kt b/core/src/iosMain/kotlin/com/revenuecat/purchases/kmp/Purchases.ios.kt
index 40c3132e..09121b7e 100644
--- a/core/src/iosMain/kotlin/com/revenuecat/purchases/kmp/Purchases.ios.kt
+++ b/core/src/iosMain/kotlin/com/revenuecat/purchases/kmp/Purchases.ios.kt
@@ -1,6 +1,7 @@
 package com.revenuecat.purchases.kmp
 
 import cocoapods.PurchasesHybridCommon.RCCommonFunctionality
+import cocoapods.PurchasesHybridCommon.RCPurchasesDelegateProtocol
 import cocoapods.PurchasesHybridCommon.RCStoreProduct
 import cocoapods.PurchasesHybridCommon.configureWithAPIKey
 import cocoapods.PurchasesHybridCommon.recordPurchaseForProductID
@@ -117,9 +118,18 @@ public actual class Purchases private constructor(private val iosPurchases: IosP
     public actual val appUserID: String
         get() = iosPurchases.appUserID()
 
+    /**
+     * Making sure we keep a strong reference to our delegate wrapper, as iosPurchases only keeps
+     * a weak one. This avoids the wrapper from being deallocated the first chance it gets. This
+     * behavior matches the Android platform behavior.
+     */
+    private var _delegateWrapper: RCPurchasesDelegateProtocol? = null
     public actual var delegate: PurchasesDelegate?
         get() = iosPurchases.delegate()?.toPurchasesDelegate()
-        set(value) = iosPurchases.setDelegate(value?.toRcPurchasesDelegate())
+        set(value) {
+            _delegateWrapper = value.toRcPurchasesDelegate()
+            iosPurchases.setDelegate(_delegateWrapper)
+        }
 
     public actual val isAnonymous: Boolean
         get() = iosPurchases.isAnonymous()
@@ -340,7 +350,7 @@ public actual class Purchases private constructor(private val iosPurchases: IosP
     }
 
     public actual fun close() {
-        iosPurchases.setDelegate(null)
+        delegate = null
     }
 
     public actual fun getCustomerInfo(
diff --git a/core/src/iosMain/kotlin/com/revenuecat/purchases/kmp/PurchasesDelegate.ios.kt b/core/src/iosMain/kotlin/com/revenuecat/purchases/kmp/PurchasesDelegate.ios.kt
index 69f6ba43..81d5f065 100644
--- a/core/src/iosMain/kotlin/com/revenuecat/purchases/kmp/PurchasesDelegate.ios.kt
+++ b/core/src/iosMain/kotlin/com/revenuecat/purchases/kmp/PurchasesDelegate.ios.kt
@@ -15,8 +15,8 @@ import platform.darwin.NSObject
 internal fun RCPurchasesDelegateProtocol.toPurchasesDelegate(): PurchasesDelegate =
     (this as PurchasesDelegateWrapper).wrapped
 
-internal fun PurchasesDelegate.toRcPurchasesDelegate(): RCPurchasesDelegateProtocol =
-    PurchasesDelegateWrapper(this)
+internal fun PurchasesDelegate?.toRcPurchasesDelegate(): RCPurchasesDelegateProtocol? =
+    this?.let { PurchasesDelegateWrapper(it) }
 
 private class PurchasesDelegateWrapper(val wrapped: PurchasesDelegate) :
     RCPurchasesDelegateProtocol,