diff --git a/packages/nocodb-sdk/src/lib/formulaHelpers.spec.ts b/packages/nocodb-sdk/src/lib/formulaHelpers.spec.ts
index 968b8b7d31..da6c0e7294 100644
--- a/packages/nocodb-sdk/src/lib/formulaHelpers.spec.ts
+++ b/packages/nocodb-sdk/src/lib/formulaHelpers.spec.ts
@@ -10,7 +10,7 @@ describe('Formula parsing and type validation', () => {
       formula: '1 + 2',
       columns: [],
       clientOrSqlUi: 'mysql2',
-      getMeta: async () => ({})
+      getMeta: async () => ({}),
     });
 
     expect(result.dataType).toEqual(FormulaDataTypes.NUMERIC);
@@ -27,7 +27,7 @@ describe('Formula parsing and type validation', () => {
         },
       ],
       clientOrSqlUi: 'mysql2',
-      getMeta: async () => ({})
+      getMeta: async () => ({}),
     });
 
     expect(result.dataType).toEqual(FormulaDataTypes.STRING);
@@ -49,7 +49,7 @@ describe('Formula parsing and type validation', () => {
         },
       ],
       clientOrSqlUi: 'mysql2',
-      getMeta: async () => ({})
+      getMeta: async () => ({}),
     });
 
     expect(result.dataType).toEqual(FormulaDataTypes.STRING);
@@ -69,7 +69,7 @@ describe('Formula parsing and type validation', () => {
         },
       ],
       clientOrSqlUi: 'mysql2',
-      getMeta: async () => ({})
+      getMeta: async () => ({}),
     });
 
     expect(result1.dataType).toEqual(FormulaDataTypes.NUMERIC);
diff --git a/packages/nocodb-sdk/src/lib/formulaHelpers.ts b/packages/nocodb-sdk/src/lib/formulaHelpers.ts
index 182cd0b6e8..155df4ae02 100644
--- a/packages/nocodb-sdk/src/lib/formulaHelpers.ts
+++ b/packages/nocodb-sdk/src/lib/formulaHelpers.ts
@@ -1400,6 +1400,7 @@ async function extractColumnIdentifierType({
 
 export async function validateFormulaAndExtractTreeWithType({
   formula,
+  column,
   columns,
   clientOrSqlUi,
   getMeta,
@@ -1420,6 +1421,7 @@ export async function validateFormulaAndExtractTreeWithType({
     | typeof MssqlUi
     | typeof SnowflakeUi
     | typeof PgUi;
+  column?: ColumnType;
   getMeta: (tableId: string) => Promise<any>;
 }) {
   const colAliasToColMap = {};
@@ -1582,9 +1584,9 @@ export async function validateFormulaAndExtractTreeWithType({
 
       res.name = col.id;
 
-      if (col?.uidt === UITypes.Formula) {
+      if (col?.uidt === UITypes.Formula && column) {
         // check for circular reference
-        checkForCircularFormulaRef(col, parsedTree, columns);
+        checkForCircularFormulaRef(column, parsedTree, columns);
 
         const formulaRes =
           col.colOptions?.parsed_tree ||
diff --git a/packages/nocodb/src/db/formulav2/formulaQueryBuilderv2.ts b/packages/nocodb/src/db/formulav2/formulaQueryBuilderv2.ts
index f0a33767ef..d1399b425c 100644
--- a/packages/nocodb/src/db/formulav2/formulaQueryBuilderv2.ts
+++ b/packages/nocodb/src/db/formulav2/formulaQueryBuilderv2.ts
@@ -80,6 +80,7 @@ async function _formulaQueryBuilder(
     tree = await validateFormulaAndExtractTreeWithType({
       formula: _tree.replaceAll('{{', '{').replaceAll('}}', '}'),
       columns,
+      column,
       clientOrSqlUi: baseModelSqlv2.clientType as
         | 'mysql'
         | 'pg'
diff --git a/packages/nocodb/src/services/columns.service.ts b/packages/nocodb/src/services/columns.service.ts
index e16e195b5a..aa9236779e 100644
--- a/packages/nocodb/src/services/columns.service.ts
+++ b/packages/nocodb/src/services/columns.service.ts
@@ -213,6 +213,7 @@ export class ColumnsService {
           colBody.parsed_tree = await validateFormulaAndExtractTreeWithType({
             formula: colBody.formula_raw || colBody.formula,
             columns: table.columns,
+            column,
             clientOrSqlUi: source.type,
             getMeta: async (modelId) => {
               const model = await Model.get(modelId);
@@ -947,6 +948,7 @@ export class ColumnsService {
                       parsed_tree: await validateFormulaAndExtractTreeWithType({
                         formula: new_formula_raw,
                         columns: table.columns,
+                        column,
                         clientOrSqlUi: source.type,
                         getMeta: async (modelId) => {
                           const model = await Model.get(modelId);
@@ -1018,6 +1020,7 @@ export class ColumnsService {
                       parsed_tree: await validateFormulaAndExtractTreeWithType({
                         formula: new_formula_raw,
                         columns: table.columns,
+                        column,
                         clientOrSqlUi: source.type,
                         getMeta: async (modelId) => {
                           const model = await Model.get(modelId);
@@ -1236,6 +1239,10 @@ export class ColumnsService {
           formula:
             colBody.formula_raw ||
             colBody.formula?.replaceAll('{{', '{').replaceAll('}}', '}'),
+          column:{
+            ...colBody,
+            colOptions: colBody,
+          },
           columns: table.columns,
           clientOrSqlUi: source.type,
           getMeta: async (modelId) => {