diff --git a/CHANGELOG.md b/CHANGELOG.md
index e0d7169..2891b68 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -13,6 +13,18 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 ### Removed
 ### Security
 
+## [2.2.0] - 2026-09-28
+
+### Fixed
+
+- Stack overflow when filtering out many entries, e.g. on tokio worker threads (#13).
+
+### Changed
+
+- Directories filtered with `Filtering::IgnoreDir` are no longer read, so they
+  no longer produce IO errors (e.g. permission denied).
+- Update dependencies: `futures-lite` 2.6, `async-fs` 2.2.
+
 ## [2.1.0] - 2025-01-27
 
 ### Added
diff --git a/Cargo.toml b/Cargo.toml
index 0b1e82b..43ea76d 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "async-walkdir"
-version = "2.1.0"
+version = "2.2.0"
 authors = ["Ririsoft <riri@ririsoft.com>"]
 edition = "2021"
 description = "Asynchronous directory traversal for Rust."
@@ -14,9 +14,10 @@ exclude = [ "/.github/*" ]
 readme = "README.md"
 
 [dependencies]
-futures-lite = "2.1"
-async-fs = "2.1"
+futures-lite = "2.6"
+async-fs = "2.2"
 thiserror = "2.0"
 
 [dev-dependencies]
-tempfile = "3.15"
+tempfile = "3.27"
+tokio = { version = "1.53", features = ["rt-multi-thread"] }
diff --git a/src/lib.rs b/src/lib.rs
index 2c1e2ad..97b4a0f 100644
--- a/src/lib.rs
+++ b/src/lib.rs
@@ -90,7 +90,6 @@ use std::task::{Context, Poll};
 
 use async_fs::{read_dir, ReadDir};
 use futures_lite::future::Boxed as BoxedFut;
-use futures_lite::future::FutureExt;
 use futures_lite::stream::{self, Stream, StreamExt};
 
 #[doc(no_inline)]
@@ -197,85 +196,55 @@ enum State<F> {
 
 type UnfoldState<F> = (Result<DirEntry>, State<F>);
 
-fn walk<F, Fut>(
+// Iterative on purpose: filtered-out entries must not grow the stack (see issue #13).
+async fn walk<F, Fut>(
     mut dirs: Vec<(PathBuf, ReadDir)>,
-    filter: Option<F>,
-) -> BoxedFut<Option<UnfoldState<F>>>
+    mut filter: Option<F>,
+) -> Option<UnfoldState<F>>
 where
     F: FnMut(DirEntry) -> Fut + Send + 'static,
     Fut: Future<Output = Filtering> + Send,
 {
-    async move {
-        if let Some((path, dir)) = dirs.last_mut() {
-            match dir.next().await {
-                Some(Ok(entry)) => walk_entry(entry, dirs, filter).await,
-                Some(Err(source)) => Some((
-                    Err(InnerError::Io {
-                        path: path.to_path_buf(),
-                        source,
-                    }
-                    .into()),
-                    State::Walk((dirs, filter)),
-                )),
-                None => {
-                    dirs.pop();
-                    walk(dirs, filter).await
-                }
+    loop {
+        let (path, dir) = dirs.last_mut()?;
+        let entry = match dir.next().await {
+            Some(Ok(entry)) => entry,
+            Some(Err(source)) => return io_error(path.to_path_buf(), source, dirs, filter),
+            None => {
+                dirs.pop();
+                continue;
             }
-        } else {
-            None
+        };
+        let ft = match entry.file_type().await {
+            Ok(ft) => ft,
+            Err(source) => return io_error(entry.path(), source, dirs, filter),
+        };
+        let filtering = match filter.as_mut() {
+            Some(filter) => filter(entry.clone()).await,
+            None => Filtering::Continue,
+        };
+        if ft.is_dir() && filtering != Filtering::IgnoreDir {
+            let path = entry.path();
+            let rd = match read_dir(&path).await {
+                Ok(rd) => rd,
+                Err(source) => return io_error(path, source, dirs, filter),
+            };
+            dirs.push((path, rd));
+        }
+        if filtering == Filtering::Continue {
+            return Some((Ok(entry), State::Walk((dirs, filter))));
         }
     }
-    .boxed()
 }
 
-fn walk_entry<F, Fut>(
-    entry: DirEntry,
-    mut dirs: Vec<(PathBuf, ReadDir)>,
-    mut filter: Option<F>,
-) -> BoxedFut<Option<UnfoldState<F>>>
-where
-    F: FnMut(DirEntry) -> Fut + Send + 'static,
-    Fut: Future<Output = Filtering> + Send,
-{
-    async move {
-        match entry.file_type().await {
-            Err(source) => Some((
-                Err(InnerError::Io {
-                    path: entry.path(),
-                    source,
-                }
-                .into()),
-                State::Walk((dirs, filter)),
-            )),
-            Ok(ft) => {
-                let filtering = match filter.as_mut() {
-                    Some(filter) => filter(entry.clone()).await,
-                    None => Filtering::Continue,
-                };
-                if ft.is_dir() {
-                    let path = entry.path();
-                    let rd = match read_dir(&path).await {
-                        Err(source) => {
-                            return Some((
-                                Err(InnerError::Io { path, source }.into()),
-                                State::Walk((dirs, filter)),
-                            ))
-                        }
-                        Ok(rd) => rd,
-                    };
-                    if filtering != Filtering::IgnoreDir {
-                        dirs.push((path, rd));
-                    }
-                }
-                match filtering {
-                    Filtering::Continue => Some((Ok(entry), State::Walk((dirs, filter)))),
-                    Filtering::IgnoreDir | Filtering::Ignore => walk(dirs, filter).await,
-                }
-            }
-        }
-    }
-    .boxed()
+fn io_error<F>(
+    path: PathBuf,
+    source: std::io::Error,
+    dirs: Vec<(PathBuf, ReadDir)>,
+    filter: Option<F>,
+) -> Option<UnfoldState<F>> {
+    let err = InnerError::Io { path, source }.into();
+    Some((Err(err), State::Walk((dirs, filter))))
 }
 
 #[cfg(test)]
@@ -309,6 +278,30 @@ mod tests {
                 }
                 _ => panic!("want IO error"),
             }
+            assert!(wd.next().await.is_none());
+        })
+    }
+
+    #[test]
+    fn walk_dir_read_dir_error() -> Result<()> {
+        block_on(async {
+            let root = tempfile::tempdir()?;
+            let d1 = root.path().join("d1");
+            async_fs::create_dir_all(&d1).await?;
+            // Removing the directory from the filter makes the subsequent read_dir fail.
+            let mut wd = WalkDir::new(root.path()).filter(|entry| async move {
+                async_fs::remove_dir(entry.path()).await.unwrap();
+                Filtering::Continue
+            });
+            match wd.next().await.unwrap() {
+                Err(e) => {
+                    assert_eq!(e.path().unwrap(), d1.as_path());
+                    assert_eq!(e.io().unwrap().kind(), ErrorKind::NotFound);
+                }
+                _ => panic!("want IO error"),
+            }
+            assert!(wd.next().await.is_none());
+            Ok(())
         })
     }
 
@@ -447,7 +440,23 @@ mod test_unix {
     use futures_lite::future::block_on;
     use futures_lite::stream::StreamExt;
 
-    use super::WalkDir;
+    use super::{Filtering, WalkDir};
+
+    #[test]
+    fn filter_ignore_dir_does_not_read_it() -> Result<()> {
+        block_on(async {
+            let root = tempfile::tempdir()?;
+            let d1 = root.path().join("d1");
+            async_fs::create_dir_all(&d1).await?;
+            let mut perms = async_fs::metadata(&d1).await?.permissions();
+            perms.set_mode(0o222);
+            async_fs::set_permissions(&d1, perms).await?;
+            let mut wd = WalkDir::new(&root).filter(|_| async { Filtering::IgnoreDir });
+            assert!(wd.next().await.is_none());
+            Ok(())
+        })
+    }
+
     #[test]
     fn walk_dir_error_path() -> Result<()> {
         block_on(async {
diff --git a/tests/issue_13_stack_overflow.rs b/tests/issue_13_stack_overflow.rs
new file mode 100644
index 0000000..459d085
--- /dev/null
+++ b/tests/issue_13_stack_overflow.rs
@@ -0,0 +1,101 @@
+// Regression tests for https://github.com/ririsoft/async-walkdir/issues/13
+//
+// Filtering out many consecutive entries used to overflow the stack of small-stack
+// threads (such as tokio workers) because the traversal recursed once per ignored entry.
+// A stack overflow aborts the whole process, hence these tests live in their own binary.
+
+use std::path::{Path, PathBuf};
+
+use async_walkdir::{Filtering, WalkDir};
+use futures_lite::stream::StreamExt;
+
+// The old recursive code overflows this stack after ~1000-2000 ignored entries in release
+// (fewer in debug), so 4000 gives margin. The stack is large enough for the fixed code's
+// constant usage on every CI platform (64 KiB was too small on Windows debug builds).
+const IGNORED_ENTRIES: usize = 4_000;
+const MATCHING_FILES: usize = 5;
+const STACK_SIZE: usize = 512 * 1024;
+
+fn run_on_small_stack<F, T>(fut: F) -> T
+where
+    F: std::future::Future<Output = T> + Send + 'static,
+    T: Send + 'static,
+{
+    let runtime = tokio::runtime::Builder::new_multi_thread()
+        .worker_threads(2)
+        .thread_stack_size(STACK_SIZE)
+        .build()
+        .unwrap();
+    runtime.block_on(async { tokio::spawn(fut).await.unwrap() })
+}
+
+fn sorted(mut v: Vec<PathBuf>) -> Vec<PathBuf> {
+    v.sort();
+    v
+}
+
+async fn collect(mut wd: WalkDir) -> Vec<PathBuf> {
+    let mut got = Vec::new();
+    while let Some(entry) = wd.next().await {
+        got.push(entry.unwrap().path());
+    }
+    got
+}
+
+fn is_m3u8(path: &Path) -> bool {
+    path.extension().is_some_and(|ext| ext == "m3u8")
+}
+
+#[test]
+fn filter_ignore_many_files() -> std::io::Result<()> {
+    let root = tempfile::tempdir()?;
+    // A sub directory ensures popping exhausted directories is covered too.
+    let sub = root.path().join("sub");
+    std::fs::create_dir(&sub)?;
+    let mut want = Vec::new();
+    for i in 0..IGNORED_ENTRIES {
+        let dir = if i % 2 == 0 { root.path() } else { &sub };
+        std::fs::write(dir.join(format!("segment_{i}.ts")), [])?;
+    }
+    for i in 0..MATCHING_FILES {
+        let f = root.path().join(format!("playlist_{i}.m3u8"));
+        std::fs::write(&f, [])?;
+        want.push(f);
+    }
+
+    let wd = WalkDir::new(root.path()).filter(|entry| async move {
+        let path = entry.path();
+        if path.is_file() && is_m3u8(&path) {
+            return Filtering::Continue;
+        }
+        Filtering::Ignore
+    });
+    let got = run_on_small_stack(collect(wd));
+    assert_eq!(sorted(got), sorted(want));
+    Ok(())
+}
+
+#[test]
+fn filter_ignore_dir_many_dirs() -> std::io::Result<()> {
+    let root = tempfile::tempdir()?;
+    for i in 0..IGNORED_ENTRIES {
+        let d = root.path().join(format!("ignored_{i}"));
+        std::fs::create_dir(&d)?;
+        std::fs::write(d.join("f.m3u8"), [])?;
+    }
+    let kept = root.path().join("kept");
+    std::fs::create_dir(&kept)?;
+    let f = kept.join("f.m3u8");
+    std::fs::write(&f, [])?;
+    let want = vec![kept, f];
+
+    let wd = WalkDir::new(root.path()).filter(|entry| async move {
+        if entry.file_name().to_string_lossy().starts_with("ignored_") {
+            return Filtering::IgnoreDir;
+        }
+        Filtering::Continue
+    });
+    let got = run_on_small_stack(collect(wd));
+    assert_eq!(sorted(got), sorted(want));
+    Ok(())
+}