diff --git a/CHANGELOG.md b/CHANGELOG.md
index 29d5010a21a..e835c1d9085 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -44,6 +44,8 @@ This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.htm
 - The default `TranslationStrategy` in `go.opentelemetry.io/exporters/prometheus` is changed from `otlptranslator.NoUTF8EscapingWithSuffixes` to `otlptranslator.UnderscoreEscapingWithSuffixes`. (#7421)
 - The `ErrorType` function in `go.opentelemetry.io/otel/semconv/v1.37.0` now handles custom error types.
   If an error implements an `ErrorType() string` method, the return value of that method will be used as the error type. (#7442)
+- Improve the concurrent performance of `HistogramReservoir` in `go.opentelemetry.io/otel/sdk/metric/exemplar` by 10x. (#7443)
+- Improve the concurrent performance of `FixedSizeReservoir` in `go.opentelemetry.io/otel/sdk/metric/exemplar` by 3x. (#7447)
 
 <!-- Released section -->
 <!-- Don't change this section unless doing release -->
diff --git a/sdk/metric/exemplar/benchmark_test.go b/sdk/metric/exemplar/benchmark_test.go
index f00a570f5cf..f1d90c7243d 100644
--- a/sdk/metric/exemplar/benchmark_test.go
+++ b/sdk/metric/exemplar/benchmark_test.go
@@ -18,9 +18,9 @@ func BenchmarkFixedSizeReservoirOffer(b *testing.B) {
 		i := 0
 		for pb.Next() {
 			reservoir.Offer(ctx, ts, val, nil)
-			// Periodically trigger a reset, because the algorithm for fixed-size
-			// reservoirs records exemplars very infrequently after a large
-			// number of collect calls.
+			// Periodically trigger a reset, because the algorithm records
+			// exemplars very infrequently after a large number of collect
+			// calls.
 			if i%100 == 99 {
 				reservoir.mu.Lock()
 				reservoir.reset()
@@ -44,6 +44,14 @@ func BenchmarkHistogramReservoirOffer(b *testing.B) {
 		i := 0
 		for pb.Next() {
 			res.Offer(ctx, ts, values[i%len(values)], nil)
+			// Periodically trigger a reset, because the algorithm records
+			// exemplars very infrequently after a large number of collect
+			// calls.
+			if i%100 == 99 {
+				for i := range res.trackers {
+					res.trackers[i].reset()
+				}
+			}
 			i++
 		}
 	})
diff --git a/sdk/metric/exemplar/fixed_size_reservoir.go b/sdk/metric/exemplar/fixed_size_reservoir.go
index 6afb3bed3af..40dd7926c66 100644
--- a/sdk/metric/exemplar/fixed_size_reservoir.go
+++ b/sdk/metric/exemplar/fixed_size_reservoir.go
@@ -7,6 +7,8 @@ import (
 	"context"
 	"math"
 	"math/rand/v2"
+	"sync"
+	"sync/atomic"
 	"time"
 
 	"go.opentelemetry.io/otel/attribute"
@@ -25,7 +27,13 @@ func FixedSizeReservoirProvider(k int) ReservoirProvider {
 // sample each one. If there are more than k, the Reservoir will then randomly
 // sample all additional measurement with a decreasing probability.
 func NewFixedSizeReservoir(k int) *FixedSizeReservoir {
-	return newFixedSizeReservoir(newStorage(k))
+	if k < 0 {
+		k = 0
+	}
+	return &FixedSizeReservoir{
+		storage:     newStorage(k),
+		nextTracker: newNextTracker(k),
+	}
 }
 
 var _ Reservoir = &FixedSizeReservoir{}
@@ -37,39 +45,7 @@ var _ Reservoir = &FixedSizeReservoir{}
 type FixedSizeReservoir struct {
 	reservoir.ConcurrentSafe
 	*storage
-
-	// count is the number of measurement seen.
-	count int64
-	// next is the next count that will store a measurement at a random index
-	// once the reservoir has been filled.
-	next int64
-	// w is the largest random number in a distribution that is used to compute
-	// the next next.
-	w float64
-}
-
-func newFixedSizeReservoir(s *storage) *FixedSizeReservoir {
-	r := &FixedSizeReservoir{
-		storage: s,
-	}
-	r.reset()
-	return r
-}
-
-// randomFloat64 returns, as a float64, a uniform pseudo-random number in the
-// open interval (0.0,1.0).
-func (*FixedSizeReservoir) randomFloat64() float64 {
-	// TODO: Use an algorithm that avoids rejection sampling. For example:
-	//
-	//   const precision = 1 << 53 // 2^53
-	//   // Generate an integer in [1, 2^53 - 1]
-	//   v := rand.Uint64() % (precision - 1) + 1
-	//   return float64(v) / float64(precision)
-	f := rand.Float64()
-	for f == 0 {
-		f = rand.Float64()
-	}
-	return f
+	*nextTracker
 }
 
 // Offer accepts the parameters associated with a measurement. The
@@ -125,25 +101,58 @@ func (r *FixedSizeReservoir) Offer(ctx context.Context, t time.Time, n Value, a
 	// https://github.com/MrAlias/reservoir-sampling for a performance
 	// comparison of reservoir sampling algorithms.
 
-	r.mu.Lock()
-	defer r.mu.Unlock()
-	if int(r.count) < cap(r.measurements) {
-		r.store(int(r.count), newMeasurement(ctx, t, n, a))
-	} else if r.count == r.next {
+	count, next := r.incrementCount()
+	intCount := int(count) // nolint:gosec // count is at most 32 bits in length
+	if intCount < r.k {
+		r.store(intCount, newMeasurement(ctx, t, n, a))
+	} else if count == next {
 		// Overwrite a random existing measurement with the one offered.
-		idx := int(rand.Int64N(int64(cap(r.measurements))))
+		idx := rand.IntN(r.k)
 		r.store(idx, newMeasurement(ctx, t, n, a))
+		r.wMu.Lock()
+		defer r.wMu.Unlock()
 		r.advance()
 	}
-	r.count++
+}
+
+// Collect returns all the held exemplars.
+//
+// The Reservoir state is preserved after this call.
+func (r *FixedSizeReservoir) Collect(dest *[]Exemplar) {
+	r.storage.Collect(dest)
+	// Call reset here even though it will reset r.count and restart the random
+	// number series. This will persist any old exemplars as long as no new
+	// measurements are offered, but it will also prioritize those new
+	// measurements that are made over the older collection cycle ones.
+	r.reset()
+}
+
+func newNextTracker(k int) *nextTracker {
+	nt := &nextTracker{k: k}
+	nt.reset()
+	return nt
+}
+
+type nextTracker struct {
+	// count is the number of measurement seen, and is in the lower 32 bits.
+	// once the reservoir has been filled, and is in the upper 32 bits.
+	countAndNext atomic.Uint64
+	// w is the largest random number in a distribution that is used to compute
+	// the next next.
+	w float64
+	// wMu ensures w is kept consistent with next during advance and reset.
+	wMu sync.Mutex
+	// k is the number of measurements that can be stored in the reservoir.
+	k int
 }
 
 // reset resets r to the initial state.
-func (r *FixedSizeReservoir) reset() {
+func (r *nextTracker) reset() {
+	r.wMu.Lock()
+	defer r.wMu.Unlock()
 	// This resets the number of exemplars known.
-	r.count = 0
 	// Random index inserts should only happen after the storage is full.
-	r.next = int64(cap(r.measurements))
+	r.setCountAndNext(0, uint64(r.k)) // nolint:gosec // we ensure k is 1 or greater.
 
 	// Initial random number in the series used to generate r.next.
 	//
@@ -154,14 +163,30 @@ func (r *FixedSizeReservoir) reset() {
 	// This maps the uniform random number in (0,1) to a geometric distribution
 	// over the same interval. The mean of the distribution is inversely
 	// proportional to the storage capacity.
-	r.w = math.Exp(math.Log(r.randomFloat64()) / float64(cap(r.measurements)))
+	r.w = math.Exp(math.Log(randomFloat64()) / float64(r.k))
 
 	r.advance()
 }
 
+// returns the count before the increment and next value.
+func (r *nextTracker) incrementCount() (uint64, uint64) {
+	n := r.countAndNext.Add(1)
+	return n&((1<<32)-1) - 1, n >> 32
+}
+
+// returns the count before the increment and next value.
+func (r *nextTracker) incrementNext(inc uint64) {
+	r.countAndNext.Add(inc << 32)
+}
+
+// returns the count before the increment and next value.
+func (r *nextTracker) setCountAndNext(count, next uint64) {
+	r.countAndNext.Store(next<<32 + count)
+}
+
 // advance updates the count at which the offered measurement will overwrite an
 // existing exemplar.
-func (r *FixedSizeReservoir) advance() {
+func (r *nextTracker) advance() {
 	// Calculate the next value in the random number series.
 	//
 	// The current value of r.w is based on the max of a distribution of random
@@ -174,7 +199,7 @@ func (r *FixedSizeReservoir) advance() {
 	// therefore the next r.w will be based on the same distribution (i.e.
 	// `max(u_1,u_2,...,u_k)`). Therefore, we can sample the next r.w by
 	// computing the next random number `u` and take r.w as `w * u^(1/k)`.
-	r.w *= math.Exp(math.Log(r.randomFloat64()) / float64(cap(r.measurements)))
+	r.w *= math.Exp(math.Log(randomFloat64()) / float64(r.k))
 	// Use the new random number in the series to calculate the count of the
 	// next measurement that will be stored.
 	//
@@ -185,17 +210,21 @@ func (r *FixedSizeReservoir) advance() {
 	//
 	// Important to note, the new r.next will always be at least 1 more than
 	// the last r.next.
-	r.next += int64(math.Log(r.randomFloat64())/math.Log(1-r.w)) + 1
+	r.incrementNext(uint64(math.Log(randomFloat64())/math.Log(1-r.w)) + 1)
 }
 
-// Collect returns all the held exemplars.
-//
-// The Reservoir state is preserved after this call.
-func (r *FixedSizeReservoir) Collect(dest *[]Exemplar) {
-	r.storage.Collect(dest)
-	// Call reset here even though it will reset r.count and restart the random
-	// number series. This will persist any old exemplars as long as no new
-	// measurements are offered, but it will also prioritize those new
-	// measurements that are made over the older collection cycle ones.
-	r.reset()
+// randomFloat64 returns, as a float64, a uniform pseudo-random number in the
+// open interval (0.0,1.0).
+func randomFloat64() float64 {
+	// TODO: Use an algorithm that avoids rejection sampling. For example:
+	//
+	//   const precision = 1 << 53 // 2^53
+	//   // Generate an integer in [1, 2^53 - 1]
+	//   v := rand.Uint64() % (precision - 1) + 1
+	//   return float64(v) / float64(precision)
+	f := rand.Float64()
+	for f == 0 {
+		f = rand.Float64()
+	}
+	return f
 }
diff --git a/sdk/metric/exemplar/fixed_size_reservoir_test.go b/sdk/metric/exemplar/fixed_size_reservoir_test.go
index 914a2238d69..90992e54ce6 100644
--- a/sdk/metric/exemplar/fixed_size_reservoir_test.go
+++ b/sdk/metric/exemplar/fixed_size_reservoir_test.go
@@ -45,8 +45,15 @@ func TestNewFixedSizeReservoirSamplingCorrectness(t *testing.T) {
 	}
 
 	var sum float64
-	for _, m := range r.measurements {
-		sum += m.Value.Float64()
+	for _, val := range r.measurements {
+		loaded := val.Load()
+		if loaded == nil {
+			continue
+		}
+		m := loaded.(*measurement)
+		if m != nil {
+			sum += m.Value.Float64()
+		}
 	}
 	mean := sum / float64(sampleSize)
 
@@ -54,3 +61,19 @@ func TestNewFixedSizeReservoirSamplingCorrectness(t *testing.T) {
 	// ensuring no bias in our random sampling algorithm.
 	assert.InDelta(t, 1/mean, intensity, 0.02) // Within 5σ.
 }
+
+func TestNextTrackerAtomics(t *testing.T) {
+	capacity := 10
+	nt := newNextTracker(capacity)
+	nt.setCountAndNext(0, 11)
+	count, next := nt.incrementCount()
+	assert.Equal(t, uint64(0), count)
+	assert.Equal(t, uint64(11), next)
+	count, secondNext := nt.incrementCount()
+	assert.Equal(t, uint64(1), count)
+	assert.Equal(t, next, secondNext)
+	nt.setCountAndNext(50, 100)
+	count, next = nt.incrementCount()
+	assert.Equal(t, uint64(50), count)
+	assert.Equal(t, uint64(100), next)
+}
diff --git a/sdk/metric/exemplar/histogram_reservoir.go b/sdk/metric/exemplar/histogram_reservoir.go
index 12cf8d36a63..7da3ca908d8 100644
--- a/sdk/metric/exemplar/histogram_reservoir.go
+++ b/sdk/metric/exemplar/histogram_reservoir.go
@@ -29,8 +29,9 @@ func HistogramReservoirProvider(bounds []float64) ReservoirProvider {
 // The passed bounds must be sorted before calling this function.
 func NewHistogramReservoir(bounds []float64) *HistogramReservoir {
 	return &HistogramReservoir{
-		bounds:  bounds,
-		storage: newStorage(len(bounds) + 1),
+		bounds:   bounds,
+		storage:  newStorage(len(bounds) + 1),
+		trackers: make([]nextTracker, len(bounds)+1),
 	}
 }
 
@@ -43,6 +44,8 @@ type HistogramReservoir struct {
 	reservoir.ConcurrentSafe
 	*storage
 
+	trackers []nextTracker
+
 	// bounds are bucket bounds in ascending order.
 	bounds []float64
 }
@@ -68,11 +71,27 @@ func (r *HistogramReservoir) Offer(ctx context.Context, t time.Time, v Value, a
 	default:
 		panic("unknown value type")
 	}
-
 	idx := sort.SearchFloat64s(r.bounds, n)
-	m := newMeasurement(ctx, t, v, a)
 
-	r.mu.Lock()
-	defer r.mu.Unlock()
-	r.store(idx, m)
+	count, next := r.trackers[idx].incrementCount()
+	if count == 0 || count == next {
+		r.store(idx, newMeasurement(ctx, t, v, a))
+		r.trackers[idx].wMu.Lock()
+		defer r.trackers[idx].wMu.Unlock()
+		r.trackers[idx].advance()
+	}
+}
+
+// Collect returns all the held exemplars.
+//
+// The Reservoir state is preserved after this call.
+func (r *HistogramReservoir) Collect(dest *[]Exemplar) {
+	r.storage.Collect(dest)
+	// Call reset here even though it will reset r.count and restart the random
+	// number series. This will persist any old exemplars as long as no new
+	// measurements are offered, but it will also prioritize those new
+	// measurements that are made over the older collection cycle ones.
+	for i := range r.trackers {
+		r.trackers[i].reset()
+	}
 }
diff --git a/sdk/metric/exemplar/storage.go b/sdk/metric/exemplar/storage.go
index 760c3c87119..ad9d2b87d3e 100644
--- a/sdk/metric/exemplar/storage.go
+++ b/sdk/metric/exemplar/storage.go
@@ -6,6 +6,7 @@ package exemplar // import "go.opentelemetry.io/otel/sdk/metric/exemplar"
 import (
 	"context"
 	"sync"
+	"sync/atomic"
 	"time"
 
 	"go.opentelemetry.io/otel/attribute"
@@ -19,15 +20,18 @@ type storage struct {
 	//
 	// This does not use []metricdata.Exemplar because it potentially would
 	// require an allocation for trace and span IDs in the hot path of Offer.
-	measurements []measurement
+	measurements []atomic.Value
 }
 
 func newStorage(n int) *storage {
-	return &storage{measurements: make([]measurement, n)}
+	return &storage{measurements: make([]atomic.Value, n)}
 }
 
-func (r *storage) store(idx int, m measurement) {
-	r.measurements[idx] = m
+func (r *storage) store(idx int, m *measurement) {
+	old := r.measurements[idx].Swap(m)
+	if old != nil {
+		mPool.Put(old)
+	}
 }
 
 // Collect returns all the held exemplars.
@@ -38,7 +42,12 @@ func (r *storage) Collect(dest *[]Exemplar) {
 	defer r.mu.Unlock()
 	*dest = reset(*dest, len(r.measurements), len(r.measurements))
 	var n int
-	for _, m := range r.measurements {
+	for _, val := range r.measurements {
+		loaded := val.Load()
+		if loaded == nil {
+			continue
+		}
+		m := loaded.(*measurement)
 		if !m.valid {
 			continue
 		}
@@ -58,20 +67,26 @@ type measurement struct {
 	// Value is the value of the measurement.
 	Value Value
 	// SpanContext is the SpanContext active when a measurement was made.
-	SpanContext trace.SpanContext
+	Ctx context.Context
 
 	valid bool
 }
 
+var mPool = sync.Pool{
+	New: func() any {
+		return &measurement{}
+	},
+}
+
 // newMeasurement returns a new non-empty Measurement.
-func newMeasurement(ctx context.Context, ts time.Time, v Value, droppedAttr []attribute.KeyValue) measurement {
-	return measurement{
-		FilteredAttributes: droppedAttr,
-		Time:               ts,
-		Value:              v,
-		SpanContext:        trace.SpanContextFromContext(ctx),
-		valid:              true,
-	}
+func newMeasurement(ctx context.Context, ts time.Time, v Value, droppedAttr []attribute.KeyValue) *measurement {
+	m := mPool.Get().(*measurement)
+	m.FilteredAttributes = droppedAttr
+	m.Time = ts
+	m.Value = v
+	m.Ctx = ctx
+	m.valid = true
+	return m
 }
 
 // exemplar returns m as an [Exemplar].
@@ -80,15 +95,16 @@ func (m measurement) exemplar(dest *Exemplar) {
 	dest.Time = m.Time
 	dest.Value = m.Value
 
-	if m.SpanContext.HasTraceID() {
-		traceID := m.SpanContext.TraceID()
+	sc := trace.SpanContextFromContext(m.Ctx)
+	if sc.HasTraceID() {
+		traceID := sc.TraceID()
 		dest.TraceID = traceID[:]
 	} else {
 		dest.TraceID = dest.TraceID[:0]
 	}
 
-	if m.SpanContext.HasSpanID() {
-		spanID := m.SpanContext.SpanID()
+	if sc.HasSpanID() {
+		spanID := sc.SpanID()
 		dest.SpanID = spanID[:]
 	} else {
 		dest.SpanID = dest.SpanID[:0]