diff --git a/crates/uv-requirements/src/upgrade.rs b/crates/uv-requirements/src/upgrade.rs
index fe4223a5b..669f566c5 100644
--- a/crates/uv-requirements/src/upgrade.rs
+++ b/crates/uv-requirements/src/upgrade.rs
@@ -63,11 +63,13 @@ pub async fn read_requirements_txt(
     })
 }
 
-/// Load the preferred requirements from an existing lockfile, applying the upgrade strategy.
-pub async fn read_lockfile(workspace: &Workspace, upgrade: &Upgrade) -> Result<LockedRequirements> {
+/// Load the lockfile from the workspace.
+///
+/// Returns `Ok(None)` if the lockfile does not exist, is invalid, or is not required for the given upgrade strategy.
+pub async fn read_lockfile(workspace: &Workspace, upgrade: &Upgrade) -> Result<Option<Lock>> {
     // As an optimization, skip reading the lockfile is we're upgrading all packages anyway.
     if upgrade.is_all() {
-        return Ok(LockedRequirements::default());
+        return Ok(None);
     }
 
     // If an existing lockfile exists, build up a set of preferences.
@@ -77,15 +79,20 @@ pub async fn read_lockfile(workspace: &Workspace, upgrade: &Upgrade) -> Result<L
             Ok(lock) => lock,
             Err(err) => {
                 eprint!("Failed to parse lockfile; ignoring locked requirements: {err}");
-                return Ok(LockedRequirements::default());
+                return Ok(None);
             }
         },
         Err(err) if err.kind() == std::io::ErrorKind::NotFound => {
-            return Ok(LockedRequirements::default());
+            return Ok(None);
         }
         Err(err) => return Err(err.into()),
     };
 
+    Ok(Some(lock))
+}
+
+/// Load the preferred requirements from an existing lockfile, applying the upgrade strategy.
+pub fn read_lock_requirements(lock: &Lock, upgrade: &Upgrade) -> LockedRequirements {
     let mut preferences = Vec::new();
     let mut git = Vec::new();
 
@@ -108,5 +115,5 @@ pub async fn read_lockfile(workspace: &Workspace, upgrade: &Upgrade) -> Result<L
         }
     }
 
-    Ok(LockedRequirements { preferences, git })
+    LockedRequirements { preferences, git }
 }
diff --git a/crates/uv-resolver/src/lock.rs b/crates/uv-resolver/src/lock.rs
index 7046990d3..eccbc5cbc 100644
--- a/crates/uv-resolver/src/lock.rs
+++ b/crates/uv-resolver/src/lock.rs
@@ -38,7 +38,7 @@ use crate::{RequiresPython, ResolutionGraph};
 /// The current version of the lock file format.
 const VERSION: u32 = 1;
 
-#[derive(Clone, Debug, serde::Deserialize)]
+#[derive(Clone, Debug, serde::Deserialize, PartialEq, Eq)]
 #[serde(try_from = "LockWire")]
 pub struct Lock {
     version: u32,
@@ -514,7 +514,7 @@ impl TryFrom<LockWire> for Lock {
     }
 }
 
-#[derive(Clone, Debug)]
+#[derive(Clone, Debug, PartialEq, Eq)]
 pub struct Distribution {
     pub(crate) id: DistributionId,
     sdist: Option<SourceDist>,
@@ -1321,12 +1321,15 @@ enum SourceWire {
         subdirectory: Option<String>,
     },
     Path {
+        #[serde(deserialize_with = "deserialize_path_with_dot")]
         path: PathBuf,
     },
     Directory {
+        #[serde(deserialize_with = "deserialize_path_with_dot")]
         directory: PathBuf,
     },
     Editable {
+        #[serde(deserialize_with = "deserialize_path_with_dot")]
         editable: PathBuf,
     },
 }
@@ -1430,7 +1433,7 @@ enum GitSourceKind {
 }
 
 /// Inspired by: <https://discuss.python.org/t/lock-files-again-but-this-time-w-sdists/46593>
-#[derive(Clone, Debug, serde::Deserialize)]
+#[derive(Clone, Debug, serde::Deserialize, PartialEq, Eq)]
 struct SourceDistMetadata {
     /// A hash of the source distribution.
     hash: Hash,
@@ -1444,7 +1447,7 @@ struct SourceDistMetadata {
 /// locked against was found. The location does not need to exist in the
 /// future, so this should be treated as only a hint to where to look
 /// and/or recording where the source dist file originally came from.
-#[derive(Clone, Debug, serde::Deserialize)]
+#[derive(Clone, Debug, serde::Deserialize, PartialEq, Eq)]
 #[serde(untagged)]
 enum SourceDist {
     Url {
@@ -1695,7 +1698,7 @@ fn locked_git_url(git_dist: &GitSourceDist) -> Url {
 }
 
 /// Inspired by: <https://discuss.python.org/t/lock-files-again-but-this-time-w-sdists/46593>
-#[derive(Clone, Debug, serde::Deserialize)]
+#[derive(Clone, Debug, serde::Deserialize, PartialEq, Eq)]
 #[serde(try_from = "WheelWire")]
 struct Wheel {
     /// A URL or file path (via `file://`) where the wheel that was locked
@@ -2047,7 +2050,7 @@ impl From<Dependency> for DependencyWire {
 ///
 /// A hash is encoded as a single TOML string in the format
 /// `{algorithm}:{digest}`.
-#[derive(Clone, Debug)]
+#[derive(Clone, Debug, PartialEq, Eq)]
 struct Hash(HashDigest);
 
 impl From<HashDigest> for Hash {
diff --git a/crates/uv/src/commands/project/lock.rs b/crates/uv/src/commands/project/lock.rs
index 8520e23a0..678ae7282 100644
--- a/crates/uv/src/commands/project/lock.rs
+++ b/crates/uv/src/commands/project/lock.rs
@@ -8,7 +8,7 @@ use uv_dispatch::BuildDispatch;
 use uv_distribution::{Workspace, DEV_DEPENDENCIES};
 use uv_git::ResolvedRepositoryReference;
 use uv_python::{Interpreter, PythonFetch, PythonPreference, PythonRequest};
-use uv_requirements::upgrade::{read_lockfile, LockedRequirements};
+use uv_requirements::upgrade::{read_lock_requirements, read_lockfile, LockedRequirements};
 use uv_resolver::{FlatIndex, Lock, OptionsBuilder, PythonRequirement, RequiresPython};
 use uv_types::{BuildIsolation, EmptyInstalledPackages, HashStrategy};
 use uv_warnings::{warn_user, warn_user_once};
@@ -175,7 +175,11 @@ pub(super) async fn do_lock(
     };
 
     // If an existing lockfile exists, build up a set of preferences.
-    let LockedRequirements { preferences, git } = read_lockfile(workspace, upgrade).await?;
+    let existing_lock = read_lockfile(workspace, upgrade).await?;
+    let LockedRequirements { preferences, git } = existing_lock
+        .as_ref()
+        .map(|lock| read_lock_requirements(lock, upgrade))
+        .unwrap_or_default();
 
     // Populate the Git resolver.
     for ResolvedRepositoryReference { reference, sha } in git {
@@ -234,8 +238,13 @@ pub(super) async fn do_lock(
     // Notify the user of any resolution diagnostics.
     pip::operations::diagnose_resolution(resolution.diagnostics(), printer)?;
 
-    // Write the lockfile to disk.
+    // Avoid serializing and writing to disk if the lock hasn't changed.
     let lock = Lock::from_resolution_graph(&resolution)?;
+    if existing_lock.is_some_and(|existing_lock| existing_lock == lock) {
+        return Ok(lock);
+    }
+
+    // Write the lockfile to disk.
     let encoded = lock.to_toml()?;
     fs_err::tokio::write(workspace.install_path().join("uv.lock"), encoded.as_bytes()).await?;