diff --git a/app/components/MainComponent.vue b/app/components/MainComponent.vue
index 66b7c3dc..d7ea5eef 100644
--- a/app/components/MainComponent.vue
+++ b/app/components/MainComponent.vue
@@ -216,7 +216,7 @@
 
 
     <div v-show="!apiError">
-      <v-progress-linear v-show="!metricsReady && !signInRequired" indeterminate color="indigo" />
+      <v-progress-linear v-show="showActiveTabLoading" indeterminate color="indigo" />
       <v-window v-show="(metricsReady && metrics.length) || (seatsReady && tab === 'seat analysis') || (userMetricsReady && tab === 'user metrics') || tab === 'my usage' || tab === 'billing' || (metricsReady && reportData.length > 0 && (tab === 'languages' || tab === 'editors'))" v-model="tab">
         <v-window-item v-for="item in tabItems" :key="item" :value="item">
           <v-card flat>
@@ -321,7 +321,7 @@ import AiChatPanel from './AiChatPanel.vue'
 import AdminPanel from './AdminPanel.vue'
 import { Options } from '@/model/Options';
 import { useRoute } from 'vue-router';
-import { applyHiddenTabs, applyHistoricalModeFilter } from '@/utils/tabUtils';
+import { applyHiddenTabs, applyHistoricalModeFilter, shouldShowActiveTabLoading } from '@/utils/tabUtils';
 import { routeParamStr } from '@/utils/routeUtils';
 import { resolveDisplayName } from '#shared/utils/resolveDisplayName';
 
@@ -352,6 +352,15 @@ export default defineNuxtComponent({
     showAnnouncementBanner(): boolean {
       return !!this.announcementMessage && !this.announcementDismissed;
     },
+    showActiveTabLoading(): boolean {
+      return shouldShowActiveTabLoading({
+        tab: this.tab,
+        signInRequired: this.signInRequired,
+        metricsReady: this.metricsReady,
+        seatsReady: this.seatsReady,
+        userMetricsReady: this.userMetricsReady,
+      });
+    },
   },
   methods: {
     dismissAnnouncement() {
diff --git a/app/utils/tabUtils.ts b/app/utils/tabUtils.ts
index e57e8fcf..49db7565 100644
--- a/app/utils/tabUtils.ts
+++ b/app/utils/tabUtils.ts
@@ -22,3 +22,29 @@ export function applyHiddenTabs(tabItems: string[], hiddenTabsConfig: string): s
 export function applyHistoricalModeFilter(tabItems: string[], _enableHistoricalMode: boolean | string): string[] {
     return tabItems;
 }
+
+export interface ActiveTabLoadingState {
+    tab: string | null;
+    signInRequired: boolean;
+    metricsReady: boolean;
+    seatsReady: boolean;
+    userMetricsReady: boolean;
+}
+
+/**
+ * Returns whether the shared loading indicator should be visible for the
+ * currently active tab.
+ */
+export function shouldShowActiveTabLoading(state: ActiveTabLoadingState): boolean {
+    if (state.signInRequired) return false;
+
+    if (state.tab === 'seat analysis') {
+        return !state.seatsReady;
+    }
+
+    if (state.tab === 'user metrics') {
+        return !state.userMetricsReady;
+    }
+
+    return !state.metricsReady;
+}
diff --git a/tests/tabUtils.loading.spec.ts b/tests/tabUtils.loading.spec.ts
new file mode 100644
index 00000000..52d5cb30
--- /dev/null
+++ b/tests/tabUtils.loading.spec.ts
@@ -0,0 +1,44 @@
+import { describe, expect, test } from 'vitest'
+import { shouldShowActiveTabLoading } from '../app/utils/tabUtils'
+
+describe('shouldShowActiveTabLoading', () => {
+  test('shows loading for seat analysis while seats data is not ready', () => {
+    expect(shouldShowActiveTabLoading({
+      tab: 'seat analysis',
+      signInRequired: false,
+      metricsReady: true,
+      seatsReady: false,
+      userMetricsReady: true,
+    })).toBe(true)
+  })
+
+  test('shows loading for user metrics while user metrics data is not ready', () => {
+    expect(shouldShowActiveTabLoading({
+      tab: 'user metrics',
+      signInRequired: false,
+      metricsReady: true,
+      seatsReady: true,
+      userMetricsReady: false,
+    })).toBe(true)
+  })
+
+  test('does not show loading on seat analysis when seats data is ready', () => {
+    expect(shouldShowActiveTabLoading({
+      tab: 'seat analysis',
+      signInRequired: false,
+      metricsReady: true,
+      seatsReady: true,
+      userMetricsReady: true,
+    })).toBe(false)
+  })
+
+  test('does not show loading when sign in is required', () => {
+    expect(shouldShowActiveTabLoading({
+      tab: 'seat analysis',
+      signInRequired: true,
+      metricsReady: false,
+      seatsReady: false,
+      userMetricsReady: false,
+    })).toBe(false)
+  })
+})