Dynamically compiled code is stored for future use by an emulator application. The emulator application may recall the previously compiled code rather than recompile the same code again. Recycling previously compiled code prevents unneeded code compilation, and saves valuable processing time and resources. Previously compiled code can be associated with code identification information. When compiled code is needed, one or more indexes of compiled code identification information is searched. If the appropriate identification information is found, the corresponding code is loaded and executed.