diff --git a/cyclonedx/model/bom.py b/cyclonedx/model/bom.py
index dec1d96a..3f76c94a 100644
--- a/cyclonedx/model/bom.py
+++ b/cyclonedx/model/bom.py
@@ -743,9 +743,9 @@ def has_component(self, component: Component) -> bool:
 
     def _get_all_components(self) -> Generator[Component, None, None]:
         if self.metadata.component:
-            yield from self.metadata.component.get_all_nested_components(include_self=True)
+            yield from self.metadata.component.iter_all_nested_components(include_self=True)
         for c in self.components:
-            yield from c.get_all_nested_components(include_self=True)
+            yield from c.iter_all_nested_components(include_self=True)
 
     def get_vulnerabilities_for_bom_ref(self, bom_ref: BomRef) -> 'SortedSet[Vulnerability]':
         """
@@ -856,8 +856,8 @@ def validate(self) -> bool:
         elem: Union[BomMetaData, Component, Service]
         for elem in chain(  # type:ignore[assignment]
             [self.metadata],
-            self.metadata.component.get_all_nested_components(include_self=True) if self.metadata.component else [],
-            chain.from_iterable(c.get_all_nested_components(include_self=True) for c in self.components),
+            self.metadata.component.iter_all_nested_components(include_self=True) if self.metadata.component else [],
+            chain.from_iterable(c.iter_all_nested_components(include_self=True) for c in self.components),
             self.services
         ):
             if len(elem.licenses) > 1 and any(isinstance(li, LicenseExpression) for li in elem.licenses):
diff --git a/cyclonedx/model/component.py b/cyclonedx/model/component.py
index bc7152ae..a297e4ef 100644
--- a/cyclonedx/model/component.py
+++ b/cyclonedx/model/component.py
@@ -17,7 +17,7 @@
 
 import re
 import sys
-from collections.abc import Iterable
+from collections.abc import Iterable, Iterator
 from enum import Enum
 from typing import Any, Optional, Union
 from warnings import warn
@@ -1684,15 +1684,29 @@ def tags(self) -> 'SortedSet[str]':
     def tags(self, tags: Iterable[str]) -> None:
         self._tags = SortedSet(tags)
 
-    def get_all_nested_components(self, include_self: bool = False) -> set['Component']:
-        components = set()
-        if include_self:
-            components.add(self)
+    def iter_all_nested_components(self, include_self: bool = False) -> Iterator['Component']:
+        """
+        Iterate over this component and all its nested components (assemblies), recursively.
 
-        for c in self.components:
-            components.update(c.get_all_nested_components(include_self=True))
+        Components are deduplicated by object identity — NOT by equality.
+        This never calls the (costly) ``Component.__hash__``/``__eq__``,
+        which makes it dramatically faster than :func:`get_all_nested_components`
+        for large component trees. Safe against cyclic component graphs.
 
-        return components
+        Order of iteration is not guaranteed.
+        """
+        seen: dict[int, 'Component'] = {}
+        stack: list['Component'] = [self] if include_self else list(self.components)
+        while stack:
+            current = stack.pop()
+            current_id = id(current)
+            if current_id not in seen:
+                seen[current_id] = current
+                stack.extend(current.components)
+        return iter(seen.values())
+
+    def get_all_nested_components(self, include_self: bool = False) -> set['Component']:
+        return set(self.iter_all_nested_components(include_self=include_self))
 
     def get_pypi_url(self) -> str:
         if self.version:
diff --git a/tests/test_model_component.py b/tests/test_model_component.py
index f7b8fc80..dc7704d7 100644
--- a/tests/test_model_component.py
+++ b/tests/test_model_component.py
@@ -112,6 +112,7 @@ def test_empty_basic_component(self) -> None:
         self.assertIsNone(c.release_notes)
         self.assertEqual(len(c.components), 0)
         self.assertEqual(len(c.get_all_nested_components(include_self=True)), 1)
+        self.assertEqual(len(list(c.iter_all_nested_components(include_self=True))), 1)
 
     def test_multiple_basic_components(self) -> None:
         c1 = Component(name='test-component')
@@ -312,6 +313,8 @@ def test_nested_components_1(self) -> None:
         self.assertEqual(1, len(comp_b.components))
         self.assertEqual(2, len(comp_b.get_all_nested_components(include_self=True)))
         self.assertEqual(1, len(comp_b.get_all_nested_components(include_self=False)))
+        self.assertEqual(2, len(list(comp_b.iter_all_nested_components(include_self=True))))
+        self.assertEqual(1, len(list(comp_b.iter_all_nested_components(include_self=False))))
 
     def test_nested_components_2(self) -> None:
         comp_a = Component(name='comp_a')
@@ -323,6 +326,8 @@ def test_nested_components_2(self) -> None:
         self.assertEqual(2, len(comp_b.components))
         self.assertEqual(3, len(comp_b.get_all_nested_components(include_self=True)))
         self.assertEqual(2, len(comp_b.get_all_nested_components(include_self=False)))
+        self.assertEqual(3, len(list(comp_b.iter_all_nested_components(include_self=True))))
+        self.assertEqual(2, len(list(comp_b.iter_all_nested_components(include_self=False))))
 
 
 class TestModelDiff(TestCase):