diff --git a/torch_xla/core/dynamo_bridge.py b/torch_xla/core/dynamo_bridge.py
index d9c13c6ec69e..ec303ffccfe1 100644
--- a/torch_xla/core/dynamo_bridge.py
+++ b/torch_xla/core/dynamo_bridge.py
@@ -484,7 +484,7 @@ def extract_compiled_graph(xla_model: torch.fx.GraphModule, xla_args):
   collector.run(*xla_args)
   fallback_ops = collector.get_fallback_ops()
   if (ptxla_debug or dynamo_debug) and len(fallback_ops) > 0:
-    print('Dynamo fallback ops are' + str(fallback_ops) +
+    print('pt-xla-profiler: Dynamo fallback ops are' + str(fallback_ops) +
           '. Please open a GitHub issue with the above op lowering requests.')
 
   # This logic, needed for supporting in-place operations, is a duplicate of
@@ -502,38 +502,44 @@ def extract_compiled_graph(xla_model: torch.fx.GraphModule, xla_args):
 
   torch_xla._XLAC._clear_pending_irs(str(xm.xla_device()))
 
-  class XlaOperatorSupport(torch.fx.passes.operator_support.OperatorSupport):
-
-    def is_node_supported(self, submodules, node: torch.fx.Node) -> bool:
-      return node.op in [
-          "call_function", "call_module", "call_method"
-      ] and (node not in fallback_ops or node.target == operator.getitem)
-
-  # partition the model
-  supported_ops = XlaOperatorSupport()
-  partitioner = CapabilityBasedPartitioner(
-      xla_model, supported_ops, allows_single_node_partition=True)
-  partitions = partitioner.propose_partitions()
-
-  # propose_partitions() does not guarantee topolgical order, so sort it manually
-  for partition in partitions:
-    partition.nodes = topo_sort(partition.nodes)
-
-  # fuse partitions and exectue to collect inputs
-  partitioned_graph = partitioner.fuse_partitions(partitions)
-  InputCollector(partitioned_graph).run(*xla_args)
-
-  # compile each submodule and replace it with a call
-  for node in partitioned_graph.graph.nodes:
-    if node.op == "call_module" and "fused_" in node.name:
-      fused_module = getattr(partitioned_graph, node.name)
-      partitioned_graph.delete_submodule(node.target)
-      with partitioned_graph.graph.inserting_after(node):
-        new_node = partitioned_graph.graph.call_function(
-            extract_internal(fused_module), node.args, None)
-        node.replace_all_uses_with(new_node)
-      partitioned_graph.graph.erase_node(node)
-
-  partitioned_graph.recompile()
-
-  return partitioned_graph
+  if len(fallback_ops) == 0:
+    # skip the partitioner if there is no fallback
+    xla_model.xla_args = xla_args
+    return extract_internal(xla_model)
+  else:
+
+    class XlaOperatorSupport(torch.fx.passes.operator_support.OperatorSupport):
+
+      def is_node_supported(self, submodules, node: torch.fx.Node) -> bool:
+        return node.op in [
+            "call_function", "call_module", "call_method"
+        ] and (node not in fallback_ops or node.target == operator.getitem)
+
+    # partition the model
+    supported_ops = XlaOperatorSupport()
+    partitioner = CapabilityBasedPartitioner(
+        xla_model, supported_ops, allows_single_node_partition=True)
+    partitions = partitioner.propose_partitions()
+
+    # propose_partitions() does not guarantee topolgical order, so sort it manually
+    for partition in partitions:
+      partition.nodes = topo_sort(partition.nodes)
+
+    # fuse partitions and exectue to collect inputs
+    partitioned_graph = partitioner.fuse_partitions(partitions)
+    InputCollector(partitioned_graph).run(*xla_args)
+
+    # compile each submodule and replace it with a call
+    for node in partitioned_graph.graph.nodes:
+      if node.op == "call_module" and "fused_" in node.name:
+        fused_module = getattr(partitioned_graph, node.name)
+        partitioned_graph.delete_submodule(node.target)
+        with partitioned_graph.graph.inserting_after(node):
+          new_node = partitioned_graph.graph.call_function(
+              extract_internal(fused_module), node.args, None)
+          node.replace_all_uses_with(new_node)
+        partitioned_graph.graph.erase_node(node)
+
+    partitioned_graph.recompile()
+
+    return partitioned_graph