diff --git a/file_entity/file_entity.file_api.inc b/file_entity/file_entity.file_api.inc
index 799fe90..0574002 100644
--- a/file_entity/file_entity.file_api.inc
+++ b/file_entity/file_entity.file_api.inc
@@ -272,28 +272,33 @@ function file_view_file($file, $displays = 'default', $langcode = NULL) {
  * @see file_view_file()
  */
 function file_displays($file_type, $view_mode = 'default') {
-  // If the requested view mode isn't configured to use a custom display for its
-  // fields, then don't use a custom display for its file either.
-  $view_mode_settings = field_view_mode_settings('file', $file_type);
-  if (empty($view_mode_settings[$view_mode]['custom_settings'])) {
-    $view_mode = 'default';
-  }
+  $displays_cache = &drupal_static(__FUNCTION__, array());
 
-  // Load the display configurations for the file type and view mode. If none
-  // exist for the view mode, use the default view mode.
-  if ($view_mode != 'default') {
-    $displays = file_displays_load($file_type, $view_mode, TRUE);
-  }
-  if (empty($displays)) {
-    $displays = file_displays_load($file_type, 'default', TRUE);
-  }
+  if (!isset($displays_cache[$file_type][$view_mode])) {
+    // If the requested view mode isn't configured to use a custom display for its
+    // fields, then don't use a custom display for its file either.
+    $view_mode_settings = field_view_mode_settings('file', $file_type);
+    if (empty($view_mode_settings[$view_mode]['custom_settings'])) {
+      $view_mode = 'default';
+    }
 
-  // Convert the display objects to arrays and remove unnecessary keys.
-  foreach ($displays as $formatter_name => $display) {
-    $displays[$formatter_name] = array_intersect_key((array) $display, drupal_map_assoc(array('status', 'weight', 'settings')));
+    // Load the display configurations for the file type and view mode. If none
+    // exist for the view mode, use the default view mode.
+    if ($view_mode != 'default') {
+      $displays = file_displays_load($file_type, $view_mode, TRUE);
+    }
+    if (empty($displays)) {
+      $displays = file_displays_load($file_type, 'default', TRUE);
+    }
+
+    // Convert the display objects to arrays and remove unnecessary keys.
+    foreach ($displays as $formatter_name => $display) {
+      $displays[$formatter_name] = array_intersect_key((array) $display, drupal_map_assoc(array('status', 'weight', 'settings')));
+    }
+    $displays_cache[$file_type][$view_mode] = $displays;
   }
 
-  return $displays;
+  return $displays_cache[$file_type][$view_mode];
 }
 
 /**