diff --git a/include/trace/events/module.h b/include/trace/events/module.h
index 11fd51b413de..daa60c739456 100644
--- a/include/trace/events/module.h
+++ b/include/trace/events/module.h
@@ -80,7 +80,7 @@ DECLARE_EVENT_CLASS(module_refcnt,
 
 	TP_fast_assign(
 		__entry->ip	= ip;
-		__entry->refcnt	= __this_cpu_read(mod->refptr->incs) + __this_cpu_read(mod->refptr->decs);
+		__entry->refcnt	= __this_cpu_read(mod->refptr->incs) - __this_cpu_read(mod->refptr->decs);
 		__assign_str(name, mod->name);
 	),