diff --git a/pkgs/development/tools/tracy/default.nix b/pkgs/development/tools/tracy/default.nix
index b7a324ca29d..8d597ce5eda 100644
--- a/pkgs/development/tools/tracy/default.nix
+++ b/pkgs/development/tools/tracy/default.nix
@@ -1,6 +1,8 @@
 { stdenv, lib, darwin, fetchFromGitHub, tbb, gtk3, glfw, pkg-config, freetype, Carbon, AppKit, capstone }:
 
-stdenv.mkDerivation rec {
+let
+  disableLTO = stdenv.cc.isClang && stdenv.isDarwin;  # workaround issue #19098
+in stdenv.mkDerivation rec {
   pname = "tracy";
   version = "0.7.7";
 
@@ -19,7 +21,10 @@ stdenv.mkDerivation rec {
 
   NIX_CFLAGS_COMPILE = [ ]
     ++ lib.optional stdenv.isLinux "-ltbb"
-    ++ lib.optional stdenv.cc.isClang "-faligned-allocation";
+    ++ lib.optional stdenv.cc.isClang "-faligned-allocation"
+    ++ lib.optional disableLTO "-fno-lto";
+
+  NIX_CFLAGS_LINK = lib.optional disableLTO "-fno-lto";
 
   buildPhase = ''
     make -j $NIX_BUILD_CORES -C profiler/build/unix release