diff --git a/lld/COFF/Driver.cpp b/lld/COFF/Driver.cpp
--- a/lld/COFF/Driver.cpp
+++ b/lld/COFF/Driver.cpp
@@ -208,17 +208,11 @@
     ctx.symtab.addFile(make<ArchiveFile>(ctx, mbref));
     break;
   case file_magic::bitcode:
-    if (lazy)
-      ctx.symtab.addFile(make<LazyObjFile>(ctx, mbref));
-    else
-      ctx.symtab.addFile(make<BitcodeFile>(ctx, mbref, "", 0));
+    ctx.symtab.addFile(make<BitcodeFile>(ctx, mbref, "", 0, lazy));
     break;
   case file_magic::coff_object:
   case file_magic::coff_import_library:
-    if (lazy)
-      ctx.symtab.addFile(make<LazyObjFile>(ctx, mbref));
-    else
-      ctx.symtab.addFile(make<ObjFile>(ctx, mbref));
+    ctx.symtab.addFile(make<ObjFile>(ctx, mbref, lazy));
     break;
   case file_magic::pdb:
     ctx.symtab.addFile(make<PDBInputFile>(ctx, mbref));
@@ -282,7 +276,8 @@
   if (magic == file_magic::coff_object) {
     obj = make<ObjFile>(ctx, mb);
   } else if (magic == file_magic::bitcode) {
-    obj = make<BitcodeFile>(ctx, mb, parentName, offsetInArchive);
+    obj =
+        make<BitcodeFile>(ctx, mb, parentName, offsetInArchive, /*lazy=*/false);
   } else {
     error("unknown file type: " + mb.getBufferIdentifier());
     return;
diff --git a/lld/COFF/InputFiles.h b/lld/COFF/InputFiles.h
--- a/lld/COFF/InputFiles.h
+++ b/lld/COFF/InputFiles.h
@@ -94,9 +94,12 @@
 
   COFFLinkerContext &ctx;
 
+  // True if this is a lazy ObjFile or BitcodeFile.
+  bool lazy = false;
+
 protected:
-  InputFile(COFFLinkerContext &c, Kind k, MemoryBufferRef m)
-      : mb(m), ctx(c), fileKind(k) {}
+  InputFile(COFFLinkerContext &c, Kind k, MemoryBufferRef m, bool lazy = false)
+      : mb(m), ctx(c), lazy(lazy), fileKind(k) {}
 
   StringRef directives;
 
@@ -121,33 +124,14 @@
   llvm::DenseSet<uint64_t> seen;
 };
 
-// .obj or .o file between -start-lib and -end-lib.
-class LazyObjFile : public InputFile {
-public:
-  explicit LazyObjFile(COFFLinkerContext &ctx, MemoryBufferRef m)
-      : InputFile(ctx, LazyObjectKind, m) {}
-  static bool classof(const InputFile *f) {
-    return f->kind() == LazyObjectKind;
-  }
-  // Makes this object file part of the link.
-  void fetch();
-  // Adds the symbols in this file to the symbol table as LazyObject symbols.
-  void parse() override;
-
-private:
-  std::vector<Symbol *> symbols;
-};
-
 // .obj or .o file. This may be a member of an archive file.
 class ObjFile : public InputFile {
 public:
-  explicit ObjFile(COFFLinkerContext &ctx, MemoryBufferRef m)
-      : InputFile(ctx, ObjectKind, m) {}
-  explicit ObjFile(COFFLinkerContext &ctx, MemoryBufferRef m,
-                   std::vector<Symbol *> &&symbols)
-      : InputFile(ctx, ObjectKind, m), symbols(std::move(symbols)) {}
+  explicit ObjFile(COFFLinkerContext &ctx, MemoryBufferRef m, bool lazy = false)
+      : InputFile(ctx, ObjectKind, m, lazy) {}
   static bool classof(const InputFile *f) { return f->kind() == ObjectKind; }
   void parse() override;
+  void parseLazy();
   MachineTypes getMachineType() override;
   ArrayRef<Chunk *> getChunks() { return chunks; }
   ArrayRef<SectionChunk *> getDebugChunks() { return debugChunks; }
@@ -380,15 +364,14 @@
 // Used for LTO.
 class BitcodeFile : public InputFile {
 public:
-  BitcodeFile(COFFLinkerContext &ctx, MemoryBufferRef mb, StringRef archiveName,
-              uint64_t offsetInArchive);
-  explicit BitcodeFile(COFFLinkerContext &ctx, MemoryBufferRef m,
+  explicit BitcodeFile(COFFLinkerContext &ctx, MemoryBufferRef mb,
                        StringRef archiveName, uint64_t offsetInArchive,
-                       std::vector<Symbol *> &&symbols);
+                       bool lazy);
   ~BitcodeFile();
   static bool classof(const InputFile *f) { return f->kind() == BitcodeKind; }
   ArrayRef<Symbol *> getSymbols() { return symbols; }
   MachineTypes getMachineType() override;
+  void parseLazy();
   std::unique_ptr<llvm::lto::InputFile> obj;
 
 private:
diff --git a/lld/COFF/InputFiles.cpp b/lld/COFF/InputFiles.cpp
--- a/lld/COFF/InputFiles.cpp
+++ b/lld/COFF/InputFiles.cpp
@@ -135,31 +135,7 @@
   return v;
 }
 
-void LazyObjFile::fetch() {
-  if (mb.getBuffer().empty())
-    return;
-
-  InputFile *file;
-  if (isBitcode(mb))
-    file = make<BitcodeFile>(ctx, mb, "", 0, std::move(symbols));
-  else
-    file = make<ObjFile>(ctx, mb, std::move(symbols));
-  mb = {};
-  ctx.symtab.addFile(file);
-}
-
-void LazyObjFile::parse() {
-  if (isBitcode(this->mb)) {
-    // Bitcode file.
-    std::unique_ptr<lto::InputFile> obj =
-        CHECK(lto::InputFile::create(this->mb), this);
-    for (const lto::InputFile::Symbol &sym : obj->symbols()) {
-      if (!sym.isUndefined())
-        ctx.symtab.addLazyObject(this, sym.getName());
-    }
-    return;
-  }
-
+void ObjFile::parseLazy() {
   // Native object file.
   std::unique_ptr<Binary> coffObjPtr = CHECK(createBinary(mb), this);
   COFFObjectFile *coffObj = cast<COFFObjectFile>(coffObjPtr.get());
@@ -1005,14 +981,10 @@
         name, cast_or_null<DefinedImportData>(impSym), hdr->Machine);
 }
 
-BitcodeFile::BitcodeFile(COFFLinkerContext &ctx, MemoryBufferRef mb,
-                         StringRef archiveName, uint64_t offsetInArchive)
-    : BitcodeFile(ctx, mb, archiveName, offsetInArchive, {}) {}
-
 BitcodeFile::BitcodeFile(COFFLinkerContext &ctx, MemoryBufferRef mb,
                          StringRef archiveName, uint64_t offsetInArchive,
-                         std::vector<Symbol *> &&symbols)
-    : InputFile(ctx, BitcodeKind, mb), symbols(std::move(symbols)) {
+                         bool lazy)
+    : InputFile(ctx, BitcodeKind, mb, lazy) {
   std::string path = mb.getBufferIdentifier().str();
   if (config->thinLTOIndexOnly)
     path = replaceThinLTOSuffix(mb.getBufferIdentifier());
@@ -1107,6 +1079,13 @@
   directives = obj->getCOFFLinkerOpts();
 }
 
+void BitcodeFile::parseLazy() {
+  std::unique_ptr<lto::InputFile> obj = CHECK(lto::InputFile::create(mb), this);
+  for (const lto::InputFile::Symbol &sym : obj->symbols())
+    if (!sym.isUndefined())
+      ctx.symtab.addLazyObject(this, sym.getName());
+}
+
 MachineTypes BitcodeFile::getMachineType() {
   switch (Triple(obj->getTargetTriple()).getArch()) {
   case Triple::x86_64:
diff --git a/lld/COFF/SymbolTable.h b/lld/COFF/SymbolTable.h
--- a/lld/COFF/SymbolTable.h
+++ b/lld/COFF/SymbolTable.h
@@ -91,7 +91,7 @@
 
   Symbol *addUndefined(StringRef name, InputFile *f, bool isWeakAlias);
   void addLazyArchive(ArchiveFile *f, const Archive::Symbol &sym);
-  void addLazyObject(LazyObjFile *f, StringRef n);
+  void addLazyObject(InputFile *f, StringRef n);
   void addLazyDLLSymbol(DLLFile *f, DLLFile::Symbol *sym, StringRef n);
   Symbol *addAbsolute(StringRef n, COFFSymbolRef s);
   Symbol *addRegular(InputFile *f, StringRef n,
diff --git a/lld/COFF/SymbolTable.cpp b/lld/COFF/SymbolTable.cpp
--- a/lld/COFF/SymbolTable.cpp
+++ b/lld/COFF/SymbolTable.cpp
@@ -37,7 +37,21 @@
 
 void SymbolTable::addFile(InputFile *file) {
   log("Reading " + toString(file));
-  file->parse();
+  if (file->lazy) {
+    if (auto *f = dyn_cast<BitcodeFile>(file))
+      f->parseLazy();
+    else
+      cast<ObjFile>(file)->parseLazy();
+  } else {
+    file->parse();
+    if (auto *f = dyn_cast<ObjFile>(file)) {
+      ctx.objFileInstances.push_back(f);
+    } else if (auto *f = dyn_cast<BitcodeFile>(file)) {
+      ctx.bitcodeFileInstances.push_back(f);
+    } else if (auto *f = dyn_cast<ImportFile>(file)) {
+      ctx.importFileInstances.push_back(f);
+    }
+  }
 
   MachineTypes mt = file->getMachineType();
   if (config->machine == IMAGE_FILE_MACHINE_UNKNOWN) {
@@ -48,14 +62,6 @@
     return;
   }
 
-  if (auto *f = dyn_cast<ObjFile>(file)) {
-    ctx.objFileInstances.push_back(f);
-  } else if (auto *f = dyn_cast<BitcodeFile>(file)) {
-    ctx.bitcodeFileInstances.push_back(f);
-  } else if (auto *f = dyn_cast<ImportFile>(file)) {
-    ctx.importFileInstances.push_back(f);
-  }
-
   driver->parseDirectives(file);
 }
 
@@ -75,9 +81,11 @@
     l->file->addMember(l->sym);
     break;
   }
-  case Symbol::Kind::LazyObjectKind:
-    cast<LazyObject>(s)->file->fetch();
+  case Symbol::Kind::LazyObjectKind: {
+    InputFile *file = cast<LazyObject>(s)->file;
+    file->ctx.symtab.addFile(file);
     break;
+  }
   case Symbol::Kind::LazyDLLSymbolKind: {
     auto *l = cast<LazyDLLSymbol>(s);
     l->file->makeImport(l->sym);
@@ -562,7 +570,7 @@
   f->addMember(sym);
 }
 
-void SymbolTable::addLazyObject(LazyObjFile *f, StringRef n) {
+void SymbolTable::addLazyObject(InputFile *f, StringRef n) {
   Symbol *s;
   bool wasInserted;
   std::tie(s, wasInserted) = insert(n, f);
@@ -574,7 +582,10 @@
   if (!u || u->weakAlias || s->pendingArchiveLoad)
     return;
   s->pendingArchiveLoad = true;
-  f->fetch();
+  if (!f->lazy)
+    return;
+  f->lazy = false;
+  ctx.symtab.addFile(f);
 }
 
 void SymbolTable::addLazyDLLSymbol(DLLFile *f, DLLFile::Symbol *sym,
diff --git a/lld/COFF/Symbols.h b/lld/COFF/Symbols.h
--- a/lld/COFF/Symbols.h
+++ b/lld/COFF/Symbols.h
@@ -305,10 +305,9 @@
 
 class LazyObject : public Symbol {
 public:
-  LazyObject(LazyObjFile *f, StringRef n)
-      : Symbol(LazyObjectKind, n), file(f) {}
+  LazyObject(InputFile *f, StringRef n) : Symbol(LazyObjectKind, n), file(f) {}
   static bool classof(const Symbol *s) { return s->kind() == LazyObjectKind; }
-  LazyObjFile *file;
+  InputFile *file;
 };
 
 // MinGW only.