diff --git a/spinifex/handlers/iam/instance_profiles.go b/spinifex/handlers/iam/instance_profiles.go
index 6ba739625..d66300c5d 100644
--- a/spinifex/handlers/iam/instance_profiles.go
+++ b/spinifex/handlers/iam/instance_profiles.go
@@ -148,6 +148,12 @@ func (s *IAMServiceImpl) ListInstanceProfiles(accountID string, input *iam.ListI
 
 		sdkProfile, err := s.listedProfileToSDK(ctx, accountID, &profile)
 		if err != nil {
+			// One dangling role reference must not hide every other profile in the account.
+			if code, ok := awserrors.ResolveErrorCode(err); ok && code == awserrors.ErrorIAMNoSuchEntity {
+				slog.Warn("ListInstanceProfiles: skipping profile whose attached role no longer exists",
+					"key", key, "roleName", profile.RoleName)
+				continue
+			}
 			return nil, err
 		}
 		profiles = append(profiles, sdkProfile)
@@ -163,19 +169,18 @@ func (s *IAMServiceImpl) DeleteInstanceProfile(accountID string, input *iam.Dele
 	ctx := context.Background()
 	profileName := *input.InstanceProfileName
 
-	profile, err := s.getInstanceProfile(ctx, accountID, profileName)
+	// Revision-guarded, so a role attached after the check sends the delete back through it.
+	_, err := kvutil.DeleteIf(ctx, s.instanceProfilesBucket, accountID+"."+profileName, s.instanceProfileCASConfig(accountID, profileName),
+		func(p *InstanceProfile) error {
+			if p.RoleName != "" {
+				return errors.New(awserrors.ErrorIAMDeleteConflict)
+			}
+			return nil
+		})
 	if err != nil {
 		return nil, err
 	}
 
-	if profile.RoleName != "" {
-		return nil, errors.New(awserrors.ErrorIAMDeleteConflict)
-	}
-
-	if err := s.instanceProfilesBucket.Delete(ctx, accountID+"."+profileName); err != nil {
-		return nil, fmt.Errorf("delete instance profile: %w", err)
-	}
-
 	slog.Info("IAM instance profile deleted", "accountID", accountID, "instanceProfileName", profileName)
 	return &iam.DeleteInstanceProfileOutput{}, nil
 }
@@ -373,7 +378,12 @@ func (s *IAMServiceImpl) getInstanceProfile(ctx context.Context, accountID, prof
 // re-reading and re-running mutate when a concurrent writer wins the race.
 // mutate reports whether it changed the record; a false return commits nothing.
 func (s *IAMServiceImpl) updateInstanceProfileCAS(ctx context.Context, accountID, profileName string, mutate func(*InstanceProfile) (bool, error)) error {
-	_, err := kvutil.Update(ctx, s.instanceProfilesBucket, accountID+"."+profileName, kvutil.CASConfig{
+	_, err := kvutil.Update(ctx, s.instanceProfilesBucket, accountID+"."+profileName, s.instanceProfileCASConfig(accountID, profileName), mutate)
+	return err
+}
+
+func (s *IAMServiceImpl) instanceProfileCASConfig(accountID, profileName string) kvutil.CASConfig {
+	return kvutil.CASConfig{
 		Attempts: instanceProfileCASMaxRetries,
 		NotFound: errors.New(awserrors.ErrorIAMNoSuchEntity),
 		Exhausted: func(string, int) error {
@@ -381,8 +391,7 @@ func (s *IAMServiceImpl) updateInstanceProfileCAS(ctx context.Context, accountID
 				"accountID", accountID, "instanceProfileName", profileName, "attempts", instanceProfileCASMaxRetries)
 			return errors.New(awserrors.ErrorServerInternal)
 		},
-	}, mutate)
-	return err
+	}
 }
 
 // profileToSDK converts the internal InstanceProfile to the AWS SDK shape.
diff --git a/spinifex/handlers/iam/instance_profiles_test.go b/spinifex/handlers/iam/instance_profiles_test.go
index f93999bea..a82f36fc0 100644
--- a/spinifex/handlers/iam/instance_profiles_test.go
+++ b/spinifex/handlers/iam/instance_profiles_test.go
@@ -1,6 +1,7 @@
 package handlers_iam
 
 import (
+	"context"
 	"fmt"
 	"strings"
 	"sync"
@@ -9,6 +10,7 @@ import (
 	"github.com/aws/aws-sdk-go/aws"
 	"github.com/aws/aws-sdk-go/service/iam"
 	"github.com/mulgadc/spinifex/spinifex/awserrors"
+	"github.com/nats-io/nats.go/jetstream"
 	"github.com/stretchr/testify/assert"
 	"github.com/stretchr/testify/require"
 )
@@ -162,6 +164,28 @@ func TestListInstanceProfiles(t *testing.T) {
 	assert.True(t, names["profile3"])
 }
 
+// TestListInstanceProfiles_DanglingRoleSkipped pins that one profile naming a
+// role that no longer exists is left out rather than failing the whole listing.
+func TestListInstanceProfiles_DanglingRoleSkipped(t *testing.T) {
+	t.Parallel()
+	svc := setupTestIAMService(t)
+	createTestRole(t, svc, "gone-role")
+	createTestInstanceProfile(t, svc, "dangling-profile")
+	createTestInstanceProfile(t, svc, "healthy-profile")
+	_, err := svc.AddRoleToInstanceProfile(testAccountID, &iam.AddRoleToInstanceProfileInput{
+		InstanceProfileName: aws.String("dangling-profile"),
+		RoleName:            aws.String("gone-role"),
+	})
+	require.NoError(t, err)
+	// DeleteRole refuses while the role is attached, so remove the record directly.
+	require.NoError(t, svc.rolesBucket.Delete(t.Context(), testAccountID+".gone-role"))
+
+	out, err := svc.ListInstanceProfiles(testAccountID, &iam.ListInstanceProfilesInput{})
+	require.NoError(t, err)
+	require.Len(t, out.InstanceProfiles, 1)
+	assert.Equal(t, "healthy-profile", *out.InstanceProfiles[0].InstanceProfileName)
+}
+
 func TestListInstanceProfiles_Empty(t *testing.T) {
 	t.Parallel()
 	svc := setupTestIAMService(t)
@@ -242,6 +266,55 @@ func TestDeleteInstanceProfile_WithRoleAttached(t *testing.T) {
 	assert.Contains(t, err.Error(), awserrors.ErrorIAMDeleteConflict)
 }
 
+// attachBeforeDelete lands a role attach between DeleteInstanceProfile's read
+// and its delete, the window a concurrent AddRoleToInstanceProfile can win.
+type attachBeforeDelete struct {
+	jetstream.KeyValue
+
+	once   sync.Once
+	attach func() error
+	err    error
+}
+
+func (a *attachBeforeDelete) Delete(ctx context.Context, key string, opts ...jetstream.KVDeleteOpt) error {
+	a.once.Do(func() { a.err = a.attach() })
+	return a.KeyValue.Delete(ctx, key, opts...)
+}
+
+// TestDeleteInstanceProfile_RoleAttachedAfterCheck pins the DeleteConflict
+// guard under concurrency: an attach that reported success must not have its
+// profile deleted out from under it.
+func TestDeleteInstanceProfile_RoleAttachedAfterCheck(t *testing.T) {
+	t.Parallel()
+	svc := setupTestIAMService(t)
+	createTestRole(t, svc, "late-role")
+	createTestInstanceProfile(t, svc, "late-profile")
+
+	bucket := &attachBeforeDelete{KeyValue: svc.instanceProfilesBucket}
+	bucket.attach = func() error {
+		_, err := svc.AddRoleToInstanceProfile(testAccountID, &iam.AddRoleToInstanceProfileInput{
+			InstanceProfileName: aws.String("late-profile"),
+			RoleName:            aws.String("late-role"),
+		})
+		return err
+	}
+	svc.instanceProfilesBucket = bucket
+
+	_, err := svc.DeleteInstanceProfile(testAccountID, &iam.DeleteInstanceProfileInput{
+		InstanceProfileName: aws.String("late-profile"),
+	})
+	require.NoError(t, bucket.err, "attach")
+	require.Error(t, err)
+	assert.Contains(t, err.Error(), awserrors.ErrorIAMDeleteConflict)
+
+	out, err := svc.GetInstanceProfile(testAccountID, &iam.GetInstanceProfileInput{
+		InstanceProfileName: aws.String("late-profile"),
+	})
+	require.NoError(t, err, "the profile must survive an attach that reported success")
+	require.Len(t, out.InstanceProfile.Roles, 1)
+	assert.Equal(t, "late-role", *out.InstanceProfile.Roles[0].RoleName)
+}
+
 // ============================================================================
 // InstanceProfile ↔ Role Binding Tests
 // ============================================================================