diff --git a/src/Glob/PathTraverser.cs b/src/Glob/PathTraverser.cs
index e786f10..c860163 100644
--- a/src/Glob/PathTraverser.cs
+++ b/src/Glob/PathTraverser.cs
@@ -20,57 +20,110 @@ public static IEnumerable<FileSystemInfo> Traverse(this DirectoryInfo root, stri
             return segments.Length == 0 ? new FileSystemInfo[0] : Traverse(root, segments, 0, cache);
         }
 
-        private static readonly FileSystemInfo[] emptyFileSystemInfoArray = new FileSystemInfo[0];
+        private static readonly FileSystemInfo[] _emptyFileSystemInfoArray = new FileSystemInfo[0];
+        private static readonly DirectoryInfo[] _emptyPathJobArray = new DirectoryInfo[0];
 
         internal static IEnumerable<FileSystemInfo> Traverse(DirectoryInfo root, Segment[] segments, int segmentIndex,
-             TraverseOptions options)
+            TraverseOptions options) =>
+            Traverse(new List<DirectoryInfo> { root }, segments, options);
+
+        private static IEnumerable<FileSystemInfo> Traverse(List<DirectoryInfo> roots, Segment[] segments, TraverseOptions options)
         {
-            if (segmentIndex == segments.Length)
+            var segmentsLength = segments.Length;
+            var rootCache = new List<DirectoryInfo>();
+            var nextSegmentRoots = new List<DirectoryInfo>();
+            var segmentIndex = 0;
+            var emitDirectories = options.EmitDirectories;
+            var emitFiles = options.EmitFiles;
+
+            void Swap(ref List<DirectoryInfo> other)
             {
-                return options.EmitDirectories
-                    ? Enumerable.Repeat<FileSystemInfo>(root, 1)
-                    : emptyFileSystemInfoArray;
+                var swap = roots;
+                roots = other;
+                other = swap;
             }
 
-            var segment = segments[segmentIndex];
-
-            switch (segment)
+            IEnumerable<DirectoryInfo> JobsMatchingSegment(DirectoryInfo directoryInfo, Segment segment)
             {
-                case DirectorySegment directorySegment:
-                    {
-                        var filesToEmit =
-                            (options.EmitFiles && segmentIndex == segments.Length - 1)
-                                ? options.GetFiles(root).Where(file => directorySegment.MatchesSegment(file.Name, options.CaseSensitive)).Cast<FileSystemInfo>()
-                                : emptyFileSystemInfoArray;
+                switch (segment)
+                {
+                    case DirectorySegment directorySegment:
+                        // consume DirectorySegment
+                        var pathJobs = (from directory in options.GetDirectories(directoryInfo)
+                                        where directorySegment.MatchesSegment(directory.Name, options.CaseSensitive)
+                                        select directory).ToArray();
+
+                        nextSegmentRoots.AddRange(pathJobs);
+
+                        return _emptyPathJobArray;
+
+                    case DirectoryWildcard _:
+                        {
+                            // match zero path segments, consuming DirectoryWildcard
+                            nextSegmentRoots.Add(directoryInfo);
+
+                            // match consume 1 path segment but not the Wildcard
+                            return options.GetDirectories(directoryInfo);
+                        }
 
-                        var dirSegmentItems = from directory in options.GetDirectories(root)
-                                              where directorySegment.MatchesSegment(directory.Name, options.CaseSensitive)
-                                              from item in Traverse(directory, segments, segmentIndex + 1, options)
-                                              select item;
+                    default:
+                        return _emptyPathJobArray;
+                }
+            }
 
-                        return filesToEmit.Concat(dirSegmentItems);
+            while (true)
+            {
+                // no more segments. return all current roots
+                var noMoreSegments = segmentIndex == segmentsLength;
+                if (emitDirectories && noMoreSegments)
+                {
+                    foreach (var info in roots)
+                    {
+                        yield return info;
                     }
-                case DirectoryWildcard _:
+                }
+
+                // no more roots or no more segments, go to next segment
+                if (roots.Count == 0 || noMoreSegments)
+                {
+                    roots.Clear();
+                    if (nextSegmentRoots.Count > 0)
                     {
-                        var filesToEmit =
-                            (options.EmitFiles && segmentIndex == segments.Length - 1)
-                                ? options.GetFiles(root).Cast<FileSystemInfo>()
-                                : emptyFileSystemInfoArray;
+                        Swap(ref nextSegmentRoots);
+                        segmentIndex++;
+                        continue;
+                    }
 
-                        // match zero path segments, consuming DirectoryWildcard
-                        var zeroMatch = Traverse(root, segments, segmentIndex + 1, options);
+                    yield break;
+                }
 
-                        // match consume 1 path segment but not the Wildcard
-                        var files = from directory in options.GetDirectories(root)
-                                    from item in Traverse(directory, segments, segmentIndex, options)
-                                    select item;
+                var segment = segments[segmentIndex];
+                var onLastSegment = segmentIndex == segmentsLength - 1;
+                if (emitFiles && onLastSegment)
+                {
+                    var allFiles = from job in roots
+                                   let children = options.GetFiles(job)
+                                   from file in FilesMatchingSegment(children, segment, options.CaseSensitive)
+                                   select file;
 
-                        return filesToEmit.Concat(zeroMatch).Concat(files);
+                    foreach (var info in allFiles)
+                    {
+                        yield return info;
                     }
+                }
+                rootCache.Clear();
+                rootCache.AddRange(roots.SelectMany(job => JobsMatchingSegment(job, segment)));
 
-                default:
-                    return emptyFileSystemInfoArray;
+                Swap(ref rootCache);
             }
         }
+
+        private static IEnumerable<FileSystemInfo> FilesMatchingSegment(IEnumerable<FileInfo> fileInfos, Segment segment, bool caseSensitive) =>
+            segment switch
+            {
+                DirectorySegment directorySegment => (IEnumerable<FileSystemInfo>)fileInfos.Where(file => directorySegment.MatchesSegment(file.Name, caseSensitive)),
+                DirectoryWildcard _ => fileInfos,
+                _ => _emptyFileSystemInfoArray
+            };
     }
 }
diff --git a/src/Glob/TraverseOptions.cs b/src/Glob/TraverseOptions.cs
index a74e09b..0490ee3 100644
--- a/src/Glob/TraverseOptions.cs
+++ b/src/Glob/TraverseOptions.cs
@@ -19,8 +19,8 @@ public TraverseOptions(bool caseSensitive, bool emitFiles, bool emitDirectories)
         public bool EmitFiles { get; }
         public bool EmitDirectories { get; }
 
-        private static readonly FileInfo[] EmptyFileInfos = new FileInfo[0];
-        private static readonly DirectoryInfo[] EmptyDirectoryInfos = new DirectoryInfo[0];
+        private static readonly FileInfo[] _emptyFileInfos = new FileInfo[0];
+        private static readonly DirectoryInfo[] _emptyDirectoryInfos = new DirectoryInfo[0];
 
         public virtual FileInfo[] GetFiles(DirectoryInfo root)
         {
@@ -28,7 +28,7 @@ public virtual FileInfo[] GetFiles(DirectoryInfo root)
                 return cachedFiles;
 
             root.Refresh();
-            var files = root.Exists ? root.GetFiles() : EmptyFileInfos;
+            var files = root.Exists ? root.GetFiles() : _emptyFileInfos;
             _fileCache.Add(root.FullName, files);
             return files;
         }
@@ -39,7 +39,7 @@ public virtual DirectoryInfo[] GetDirectories(DirectoryInfo root)
                 return cachedFiles;
 
             root.Refresh();
-            var files = root.Exists ? root.GetDirectories() : EmptyDirectoryInfos;
+            var files = root.Exists ? root.GetDirectories() : _emptyDirectoryInfos;
             _dirCache.Add(root.FullName, files);
             return files;
         }
diff --git a/test/Glob.Benchmarks/BenchmarkDotNet.Artifacts/results/GlobExpressions.Benchmarks.GlobBenchmarks-report-github.md b/test/Glob.Benchmarks/BenchmarkDotNet.Artifacts/results/GlobExpressions.Benchmarks.GlobBenchmarks-report-github.md
index b8cf64f..0bebd2d 100644
--- a/test/Glob.Benchmarks/BenchmarkDotNet.Artifacts/results/GlobExpressions.Benchmarks.GlobBenchmarks-report-github.md
+++ b/test/Glob.Benchmarks/BenchmarkDotNet.Artifacts/results/GlobExpressions.Benchmarks.GlobBenchmarks-report-github.md
@@ -10,11 +10,11 @@ Intel Core i7-8700K CPU 3.70GHz (Coffee Lake), 1 CPU, 12 logical and 6 physical
 ```
 |                                  Method |        Mean |      Error |     StdDev |
 |---------------------------------------- |------------:|-----------:|-----------:|
-|                               ParseGlob |  4,716.5 ns |  53.526 ns |  50.068 ns |
-|                     ParseAndCompileGlob |  4,714.3 ns |  21.700 ns |  19.237 ns |
-|                  MatchForUncompiledGlob |  5,390.9 ns | 102.690 ns |  96.056 ns |
-|                    MatchForCompiledGlob |    591.5 ns |   2.657 ns |   2.355 ns |
-| MatchForUncompiledGlobDirectoryWildcard |  5,205.7 ns |  58.186 ns |  51.580 ns |
-|   MatchForCompiledGlobDirectoryWildcard |    592.9 ns |   2.137 ns |   1.895 ns |
-|                    BenchmarkParseToTree |  4,742.0 ns |  31.169 ns |  24.334 ns |
-|                           PathTraversal | 36,948.6 ns | 661.293 ns | 618.574 ns |
+|                               ParseGlob |  4,780.5 ns |  29.823 ns |  27.897 ns |
+|                     ParseAndCompileGlob |  4,712.5 ns |  20.496 ns |  17.115 ns |
+|                  MatchForUncompiledGlob |  5,386.6 ns |  42.365 ns |  39.628 ns |
+|                    MatchForCompiledGlob |    599.5 ns |   5.919 ns |   5.537 ns |
+| MatchForUncompiledGlobDirectoryWildcard |  5,245.5 ns |  42.856 ns |  40.088 ns |
+|   MatchForCompiledGlobDirectoryWildcard |    595.4 ns |   4.899 ns |   4.582 ns |
+|                    BenchmarkParseToTree |  4,707.7 ns |  50.401 ns |  47.145 ns |
+|                           PathTraversal | 38,026.5 ns | 361.679 ns | 320.619 ns |
diff --git a/test/Glob.Benchmarks/BenchmarkDotNet.Artifacts/results/GlobExpressions.Benchmarks.GlobBenchmarks-report.csv b/test/Glob.Benchmarks/BenchmarkDotNet.Artifacts/results/GlobExpressions.Benchmarks.GlobBenchmarks-report.csv
index 2072c11..7589f29 100644
--- a/test/Glob.Benchmarks/BenchmarkDotNet.Artifacts/results/GlobExpressions.Benchmarks.GlobBenchmarks-report.csv
+++ b/test/Glob.Benchmarks/BenchmarkDotNet.Artifacts/results/GlobExpressions.Benchmarks.GlobBenchmarks-report.csv
@@ -1,9 +1,9 @@
 Method,Job,AnalyzeLaunchVariance,EvaluateOverhead,MaxAbsoluteError,MaxRelativeError,MinInvokeCount,MinIterationTime,OutlierMode,Affinity,EnvironmentVariables,Jit,Platform,Runtime,AllowVeryLargeObjects,Concurrent,CpuGroups,Force,HeapAffinitizeMask,HeapCount,NoAffinitize,RetainVm,Server,Arguments,BuildConfiguration,Clock,EngineFactory,Toolchain,IsMutator,InvocationCount,IterationCount,IterationTime,LaunchCount,MaxIterationCount,MaxWarmupIterationCount,MinIterationCount,MinWarmupIterationCount,RunStrategy,UnrollFactor,WarmupCount,Mean,Error,StdDev
-ParseGlob,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,"4,716.5 ns",53.526 ns,50.068 ns
-ParseAndCompileGlob,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,"4,714.3 ns",21.700 ns,19.237 ns
-MatchForUncompiledGlob,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,"5,390.9 ns",102.690 ns,96.056 ns
-MatchForCompiledGlob,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,591.5 ns,2.657 ns,2.355 ns
-MatchForUncompiledGlobDirectoryWildcard,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,"5,205.7 ns",58.186 ns,51.580 ns
-MatchForCompiledGlobDirectoryWildcard,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,592.9 ns,2.137 ns,1.895 ns
-BenchmarkParseToTree,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,"4,742.0 ns",31.169 ns,24.334 ns
-PathTraversal,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,"36,948.6 ns",661.293 ns,618.574 ns
+ParseGlob,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,"4,780.5 ns",29.823 ns,27.897 ns
+ParseAndCompileGlob,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,"4,712.5 ns",20.496 ns,17.115 ns
+MatchForUncompiledGlob,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,"5,386.6 ns",42.365 ns,39.628 ns
+MatchForCompiledGlob,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,599.5 ns,5.919 ns,5.537 ns
+MatchForUncompiledGlobDirectoryWildcard,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,"5,245.5 ns",42.856 ns,40.088 ns
+MatchForCompiledGlobDirectoryWildcard,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,595.4 ns,4.899 ns,4.582 ns
+BenchmarkParseToTree,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,"4,707.7 ns",50.401 ns,47.145 ns
+PathTraversal,Default,False,Default,Default,Default,Default,Default,Default,111111111111,Empty,RyuJit,X64,Core,False,True,False,True,Default,Default,False,False,False,Default,Default,Default,Default,Default,Default,1,Default,Default,Default,Default,Default,Default,Default,Default,16,Default,"38,026.5 ns",361.679 ns,320.619 ns
diff --git a/test/Glob.Benchmarks/BenchmarkDotNet.Artifacts/results/GlobExpressions.Benchmarks.GlobBenchmarks-report.html b/test/Glob.Benchmarks/BenchmarkDotNet.Artifacts/results/GlobExpressions.Benchmarks.GlobBenchmarks-report.html
index 1661230..3ea1df7 100644
--- a/test/Glob.Benchmarks/BenchmarkDotNet.Artifacts/results/GlobExpressions.Benchmarks.GlobBenchmarks-report.html
+++ b/test/Glob.Benchmarks/BenchmarkDotNet.Artifacts/results/GlobExpressions.Benchmarks.GlobBenchmarks-report.html
@@ -24,14 +24,14 @@
 <table>
 <thead><tr><th>                           Method</th><th> Mean</th><th>Error</th><th>StdDev</th>
 </tr>
-</thead><tbody><tr><td>ParseGlob</td><td>4,716.5 ns</td><td>53.526 ns</td><td>50.068 ns</td>
-</tr><tr><td>ParseAndCompileGlob</td><td>4,714.3 ns</td><td>21.700 ns</td><td>19.237 ns</td>
-</tr><tr><td>MatchForUncompiledGlob</td><td>5,390.9 ns</td><td>102.690 ns</td><td>96.056 ns</td>
-</tr><tr><td>MatchForCompiledGlob</td><td>591.5 ns</td><td>2.657 ns</td><td>2.355 ns</td>
-</tr><tr><td>MatchForUncompiledGlobDirectoryWildcard</td><td>5,205.7 ns</td><td>58.186 ns</td><td>51.580 ns</td>
-</tr><tr><td>MatchForCompiledGlobDirectoryWildcard</td><td>592.9 ns</td><td>2.137 ns</td><td>1.895 ns</td>
-</tr><tr><td>BenchmarkParseToTree</td><td>4,742.0 ns</td><td>31.169 ns</td><td>24.334 ns</td>
-</tr><tr><td>PathTraversal</td><td>36,948.6 ns</td><td>661.293 ns</td><td>618.574 ns</td>
+</thead><tbody><tr><td>ParseGlob</td><td>4,780.5 ns</td><td>29.823 ns</td><td>27.897 ns</td>
+</tr><tr><td>ParseAndCompileGlob</td><td>4,712.5 ns</td><td>20.496 ns</td><td>17.115 ns</td>
+</tr><tr><td>MatchForUncompiledGlob</td><td>5,386.6 ns</td><td>42.365 ns</td><td>39.628 ns</td>
+</tr><tr><td>MatchForCompiledGlob</td><td>599.5 ns</td><td>5.919 ns</td><td>5.537 ns</td>
+</tr><tr><td>MatchForUncompiledGlobDirectoryWildcard</td><td>5,245.5 ns</td><td>42.856 ns</td><td>40.088 ns</td>
+</tr><tr><td>MatchForCompiledGlobDirectoryWildcard</td><td>595.4 ns</td><td>4.899 ns</td><td>4.582 ns</td>
+</tr><tr><td>BenchmarkParseToTree</td><td>4,707.7 ns</td><td>50.401 ns</td><td>47.145 ns</td>
+</tr><tr><td>PathTraversal</td><td>38,026.5 ns</td><td>361.679 ns</td><td>320.619 ns</td>
 </tr></tbody></table>
 </body>
 </html>