diff --git a/src/main/java/io/reactivex/internal/operators/observable/ObservableFlatMap.java b/src/main/java/io/reactivex/internal/operators/observable/ObservableFlatMap.java
index 551ceba280..a4766f389d 100644
--- a/src/main/java/io/reactivex/internal/operators/observable/ObservableFlatMap.java
+++ b/src/main/java/io/reactivex/internal/operators/observable/ObservableFlatMap.java
@@ -376,7 +376,7 @@ void drainLoop() {
                     return;
                 }
 
-                boolean innerCompleted = false;
+                int innerCompleted = 0;
                 if (n != 0) {
                     long startId = lastId;
                     int index = lastIndex;
@@ -423,7 +423,7 @@ void drainLoop() {
                                         return;
                                     }
                                     removeInner(is);
-                                    innerCompleted = true;
+                                    innerCompleted++;
                                     j++;
                                     if (j == n) {
                                         j = 0;
@@ -449,7 +449,7 @@ void drainLoop() {
                             if (checkTerminate()) {
                                 return;
                             }
-                            innerCompleted = true;
+                            innerCompleted++;
                         }
 
                         j++;
@@ -461,17 +461,19 @@ void drainLoop() {
                     lastId = inner[j].id;
                 }
 
-                if (innerCompleted) {
+                if (innerCompleted != 0) {
                     if (maxConcurrency != Integer.MAX_VALUE) {
-                        ObservableSource<? extends U> p;
-                        synchronized (this) {
-                            p = sources.poll();
-                            if (p == null) {
-                                wip--;
-                                continue;
+                        while (innerCompleted-- != 0) {
+                            ObservableSource<? extends U> p;
+                            synchronized (this) {
+                                p = sources.poll();
+                                if (p == null) {
+                                    wip--;
+                                    continue;
+                                }
                             }
+                            subscribeInner(p);
                         }
-                        subscribeInner(p);
                     }
                     continue;
                 }
diff --git a/src/test/java/io/reactivex/internal/operators/flowable/FlowableFlatMapTest.java b/src/test/java/io/reactivex/internal/operators/flowable/FlowableFlatMapTest.java
index bb525b2ddb..4c1441775b 100644
--- a/src/test/java/io/reactivex/internal/operators/flowable/FlowableFlatMapTest.java
+++ b/src/test/java/io/reactivex/internal/operators/flowable/FlowableFlatMapTest.java
@@ -1084,4 +1084,44 @@ public void remove() {
 
         assertEquals(1, counter.get());
     }
+
+    @Test
+    public void maxConcurrencySustained() {
+        final PublishProcessor<Integer> pp1 = PublishProcessor.create();
+        final PublishProcessor<Integer> pp2 = PublishProcessor.create();
+        PublishProcessor<Integer> pp3 = PublishProcessor.create();
+        PublishProcessor<Integer> pp4 = PublishProcessor.create();
+
+        TestSubscriber<Integer> ts = Flowable.just(pp1, pp2, pp3, pp4)
+        .flatMap(new Function<PublishProcessor<Integer>, Flowable<Integer>>() {
+            @Override
+            public Flowable<Integer> apply(PublishProcessor<Integer> v) throws Exception {
+                return v;
+            }
+        }, 2)
+        .doOnNext(new Consumer<Integer>() {
+            @Override
+            public void accept(Integer v) throws Exception {
+                if (v == 1) {
+                    // this will make sure the drain loop detects two completed
+                    // inner sources and replaces them with fresh ones
+                    pp1.onComplete();
+                    pp2.onComplete();
+                }
+            }
+        })
+        .test();
+
+        pp1.onNext(1);
+
+        assertFalse(pp1.hasSubscribers());
+        assertFalse(pp2.hasSubscribers());
+        assertTrue(pp3.hasSubscribers());
+        assertTrue(pp4.hasSubscribers());
+
+        ts.dispose();
+
+        assertFalse(pp3.hasSubscribers());
+        assertFalse(pp4.hasSubscribers());
+    }
 }
diff --git a/src/test/java/io/reactivex/internal/operators/observable/ObservableFlatMapTest.java b/src/test/java/io/reactivex/internal/operators/observable/ObservableFlatMapTest.java
index efee97f33a..960722060a 100644
--- a/src/test/java/io/reactivex/internal/operators/observable/ObservableFlatMapTest.java
+++ b/src/test/java/io/reactivex/internal/operators/observable/ObservableFlatMapTest.java
@@ -1045,4 +1045,44 @@ public Integer apply(Integer v)
 
         to.assertValuesOnly(10, 11, 12, 13, 14, 20, 21, 22, 23, 24);
     }
+
+    @Test
+    public void maxConcurrencySustained() {
+        final PublishSubject<Integer> ps1 = PublishSubject.create();
+        final PublishSubject<Integer> ps2 = PublishSubject.create();
+        PublishSubject<Integer> ps3 = PublishSubject.create();
+        PublishSubject<Integer> ps4 = PublishSubject.create();
+
+        TestObserver<Integer> to = Observable.just(ps1, ps2, ps3, ps4)
+        .flatMap(new Function<PublishSubject<Integer>, ObservableSource<Integer>>() {
+            @Override
+            public ObservableSource<Integer> apply(PublishSubject<Integer> v) throws Exception {
+                return v;
+            }
+        }, 2)
+        .doOnNext(new Consumer<Integer>() {
+            @Override
+            public void accept(Integer v) throws Exception {
+                if (v == 1) {
+                    // this will make sure the drain loop detects two completed
+                    // inner sources and replaces them with fresh ones
+                    ps1.onComplete();
+                    ps2.onComplete();
+                }
+            }
+        })
+        .test();
+
+        ps1.onNext(1);
+
+        assertFalse(ps1.hasObservers());
+        assertFalse(ps2.hasObservers());
+        assertTrue(ps3.hasObservers());
+        assertTrue(ps4.hasObservers());
+
+        to.dispose();
+
+        assertFalse(ps3.hasObservers());
+        assertFalse(ps4.hasObservers());
+    }
 }