diff --git a/metadata-ingestion/src/datahub/ingestion/source/bigquery_usage.py b/metadata-ingestion/src/datahub/ingestion/source/bigquery_usage.py
index 6ec9700d81..fc417b7b03 100644
--- a/metadata-ingestion/src/datahub/ingestion/source/bigquery_usage.py
+++ b/metadata-ingestion/src/datahub/ingestion/source/bigquery_usage.py
@@ -4,7 +4,7 @@ import logging
 import re
 from dataclasses import dataclass
 from datetime import datetime
-from typing import Any, Counter, Dict, Iterable, List, Optional, Union
+from typing import Any, Counter, Dict, Iterable, List, MutableMapping, Optional, Union
 
 import cachetools
 import pydantic
@@ -218,7 +218,7 @@ class BigQueryUsageConfig(BaseUsageConfig):
     extra_client_options: dict = {}
     env: str = builder.DEFAULT_ENV
 
-    query_log_delay: pydantic.PositiveInt = 100
+    query_log_delay: Optional[pydantic.PositiveInt] = None
 
 
 @dataclass
@@ -300,11 +300,13 @@ class BigQueryUsageSource(Source):
     def _join_events_by_job_id(
         self, events: Iterable[Union[ReadEvent, QueryEvent]]
     ) -> Iterable[ReadEvent]:
-        # We only store the most recently used query events, which are used when
-        # resolving job information within the read events.
-        query_jobs: cachetools.LRUCache[str, QueryEvent] = cachetools.LRUCache(
-            maxsize=2 * self.config.query_log_delay
-        )
+        # If caching eviction is enabled, we only store the most recently used query events,
+        # which are used when resolving job information within the read events.
+        query_jobs: MutableMapping[str, QueryEvent]
+        if self.config.query_log_delay:
+            query_jobs = cachetools.LRUCache(maxsize=5 * self.config.query_log_delay)
+        else:
+            query_jobs = {}
 
         def event_processor(
             events: Iterable[Union[ReadEvent, QueryEvent]]
@@ -318,7 +320,8 @@ class BigQueryUsageSource(Source):
         # TRICKY: To account for the possibility that the query event arrives after
         # the read event in the audit logs, we wait for at least `query_log_delay`
         # additional events to be processed before attempting to resolve BigQuery
-        # job information from the logs.
+        # job information from the logs. If `query_log_delay` is None, it gets treated
+        # as an unlimited delay, which prioritizes correctness at the expense of memory usage.
         original_read_events = event_processor(events)
         delayed_read_events = delayed_iter(
             original_read_events, self.config.query_log_delay
diff --git a/metadata-ingestion/src/datahub/utilities/delayed_iter.py b/metadata-ingestion/src/datahub/utilities/delayed_iter.py
index 72db989c66..689be91d7f 100644
--- a/metadata-ingestion/src/datahub/utilities/delayed_iter.py
+++ b/metadata-ingestion/src/datahub/utilities/delayed_iter.py
@@ -1,18 +1,19 @@
 import collections
-from typing import Deque, Iterable, TypeVar
+from typing import Deque, Iterable, Optional, TypeVar
 
 T = TypeVar("T")
 
 
-def delayed_iter(iterable: Iterable[T], delay: int) -> Iterable[T]:
+def delayed_iter(iterable: Iterable[T], delay: Optional[int]) -> Iterable[T]:
     """Waits to yield the i'th element until after the (i+n)'th element has been
-    materialized by the source iterator.
+    materialized by the source iterator. If delay is none, wait until the full
+    iterable has been materialized before yielding.
     """
 
     cache: Deque[T] = collections.deque([], maxlen=delay)
 
     for item in iterable:
-        if len(cache) >= delay:
+        if delay is not None and len(cache) >= delay:
             yield cache.popleft()
         cache.append(item)
 
diff --git a/metadata-ingestion/tests/unit/test_utilities.py b/metadata-ingestion/tests/unit/test_utilities.py
index 003a6a0d26..b881853f91 100644
--- a/metadata-ingestion/tests/unit/test_utilities.py
+++ b/metadata-ingestion/tests/unit/test_utilities.py
@@ -4,12 +4,12 @@ from datahub.utilities.delayed_iter import delayed_iter
 def test_delayed_iter():
     events = []
 
-    def maker():
-        for i in range(4):
+    def maker(n):
+        for i in range(n):
             events.append(("add", i))
             yield i
 
-    for i in delayed_iter(maker(), 2):
+    for i in delayed_iter(maker(4), 2):
         events.append(("remove", i))
 
     assert events == [
@@ -22,3 +22,14 @@ def test_delayed_iter():
         ("remove", 2),
         ("remove", 3),
     ]
+
+    events.clear()
+    for i in delayed_iter(maker(2), None):
+        events.append(("remove", i))
+
+    assert events == [
+        ("add", 0),
+        ("add", 1),
+        ("remove", 0),
+        ("remove", 1),
+    ]