diff --git a/src/caskade/__init__.py b/src/caskade/__init__.py
index 1545957..25a8430 100644
--- a/src/caskade/__init__.py
+++ b/src/caskade/__init__.py
@@ -3,7 +3,7 @@
 from .base import Node
 from .backend import backend, ArrayLike
 from .context import ActiveContext, ValidContext, OverrideParam
-from .decorators import forward
+from .decorators import forward, active_cache
 from .module import Module
 from .param import Param, dynamic
 from .collection import NodeCollection, NodeList, NodeTuple
@@ -42,6 +42,7 @@
     "ValidContext",
     "OverrideParam",
     "forward",
+    "active_cache",
     "test",
     "CaskadeException",
     "GraphError",
diff --git a/src/caskade/context.py b/src/caskade/context.py
index 2218973..356b543 100644
--- a/src/caskade/context.py
+++ b/src/caskade/context.py
@@ -16,12 +16,12 @@ def __enter__(self):
         self.outer_active = self.module.active
         if self.outer_active and not self.active:
             self.outer_params = list(p.value for p in self.module.dynamic_params)
-            self.module.clear_params()
+            self.module.clear_state()
         self.module.active = self.active
 
     def __exit__(self, exc_type, exc_value, traceback):
         if not self.outer_active and self.active:
-            self.module.clear_params()
+            self.module.clear_state()
         self.module.active = self.outer_active
         if self.outer_active and not self.active:
             self.module.fill_params(self.outer_params)
diff --git a/src/caskade/decorators.py b/src/caskade/decorators.py
index 45193bd..255d339 100644
--- a/src/caskade/decorators.py
+++ b/src/caskade/decorators.py
@@ -2,11 +2,10 @@
 import functools
 from contextlib import ExitStack
 
-from .backend import backend
 from .context import ActiveContext, OverrideParam
 from .param import Param
 
-__all__ = ("forward",)
+__all__ = ("forward", "active_cache")
 
 
 def forward(method):
@@ -99,3 +98,40 @@ def wrapped(self, *args, **kwargs):
                 return method(self, *args, **kwargs)
 
     return wrapped
+
+def active_cache(method):
+    """
+    Decorator to enable caching for a method. This way the method will only be
+    called once in an active state, and the cache will be dropped when exiting.
+
+    Parameters
+    ----------
+    method: (Callable)
+        The method to be decorated.
+
+    Returns
+    -------
+    Callable
+        The decorated method with caching enabled.
+    """
+
+    NOVALUE = object()
+
+    cache = NOVALUE
+
+    def hook(self):
+        nonlocal cache
+        cache = NOVALUE
+        self.clear_state_hooks.remove(hook)
+
+    @functools.wraps(method)
+    def wrapped(self, *args, **kwargs):
+        nonlocal cache
+        if not self.active:
+            return method(self, *args, **kwargs)
+        elif cache is NOVALUE:
+            cache = method(self, *args, **kwargs)
+            self.clear_state_hooks.add(hook)
+        return cache
+
+    return wrapped
\ No newline at end of file
diff --git a/src/caskade/module.py b/src/caskade/module.py
index 1ed1697..723251a 100644
--- a/src/caskade/module.py
+++ b/src/caskade/module.py
@@ -75,6 +75,7 @@ def __init__(self, name: Optional[str] = None, **kwargs):
         self.local_dynamic_params = {}
         self._type = "module"
         self.valid_context = False
+        self.clear_state_hooks = set()
 
     def update_graph(self):
         """Maintain a tuple of dynamic and live parameters at all points lower
@@ -289,16 +290,19 @@ def fill_params(self, params: Union[ArrayLike, Sequence, Mapping]):
             params = self.from_valid(params)
         self._fill_values(params)
 
-    def clear_params(self):
+    def clear_state(self):
         """Set all dynamic parameters to None and live parameters to LiveParam.
         This is to be used on exiting an ``ActiveContext`` and so should not be
         used by a user."""
         if not self.active:
-            raise ActiveStateError(f"Module {self.name} must be active to clear params")
+            raise ActiveStateError(f"Module {self.name} must be active to clear state")
 
         for param in self.dynamic_params + self.pointer_params:
             param._value = None
 
+        for hook in list(self.clear_state_hooks):
+            hook(self)
+
     def fill_kwargs(self, keys: tuple[str]) -> dict[str, ArrayLike]:
         """
         Fill the kwargs for an ``@forward`` method with the values of the dynamic
diff --git a/tests/test_context.py b/tests/test_context.py
index 2749030..58b7dc9 100644
--- a/tests/test_context.py
+++ b/tests/test_context.py
@@ -1,4 +1,4 @@
-from caskade import Module, Param, forward, ActiveContext, OverrideParam, backend
+from caskade import Module, Param, forward, ActiveContext, OverrideParam, backend, active_cache
 import numpy as np
 
 
@@ -69,3 +69,30 @@ def testfunc(self):
     testsim = TestSim()
     assert testsim.testfunc(backend.make_array([5.0])).item() == 27.0
     assert testsim.a.value.item() == 3.0
+
+def test_active_cache():
+    if backend.backend == "object":
+        return
+
+    class TestSim(Module):
+        def __init__(self):
+            super().__init__()
+            self.a = Param("a", 3.0)
+
+        @active_cache
+        @forward
+        def testcache(self, x, a):
+            return x + a
+        
+        @active_cache
+        def testonlycache(self, x):
+            return 2 * x
+        
+        @forward
+        def testfunc(self):
+            return self.testcache(1.0) + self.testcache(2.0) + self.testonlycache(3.0) + self.testonlycache(4.0)
+
+    testsim = TestSim()
+    assert testsim.testfunc().item() == 20.0
+    assert testsim.testonlycache(5.0) == 10.0
+    assert testsim.testonlycache(6.0) == 12.0
\ No newline at end of file
diff --git a/tests/test_module.py b/tests/test_module.py
index 816afe8..43867de 100644
--- a/tests/test_module.py
+++ b/tests/test_module.py
@@ -38,7 +38,7 @@ def test_module_methods():
         m1.fill_params([1.0, 2.0, 3.0])
 
     with pytest.raises(ActiveStateError):
-        m1.clear_params()
+        m1.clear_state()
 
 
 def test_module_delattr():