diff --git a/activesupport/lib/active_support/cache/file_store.rb b/activesupport/lib/active_support/cache/file_store.rb
index 8d8bc7f8c3fdd..28654c590bbee 100644
--- a/activesupport/lib/active_support/cache/file_store.rb
+++ b/activesupport/lib/active_support/cache/file_store.rb
@@ -58,7 +58,9 @@ def cleanup(options = nil)
       #   cache.increment("baz") # => 6
       #
       def increment(name, amount = 1, options = nil)
-        modify_value(name, amount, options)
+        instrument(:increment, normalize_key(name, options), amount: amount) do
+          modify_value(name, amount, options)
+        end
       end
 
       # Decrement a cached integer value. Returns the updated value.
@@ -73,7 +75,9 @@ def increment(name, amount = 1, options = nil)
       #   cache.decrement("baz") # => 4
       #
       def decrement(name, amount = 1, options = nil)
-        modify_value(name, -amount, options)
+        instrument(:decrement, normalize_key(name, options), amount: amount) do
+          modify_value(name, -amount, options)
+        end
       end
 
       def delete_matched(matcher, options = nil)
@@ -210,8 +214,6 @@ def search_dir(dir, &callback)
         # Modifies the amount of an integer value that is stored in the cache.
         # If the key is not found it is created and set to +amount+.
         def modify_value(name, amount, options)
-          options = merged_options(options)
-          key = normalize_key(name, options)
           version = normalize_version(name, options)
           amount = Integer(amount)
 
diff --git a/activesupport/lib/active_support/cache/memory_store.rb b/activesupport/lib/active_support/cache/memory_store.rb
index 9d727258e0bef..be788b85ae606 100644
--- a/activesupport/lib/active_support/cache/memory_store.rb
+++ b/activesupport/lib/active_support/cache/memory_store.rb
@@ -147,7 +147,10 @@ def pruning?
       #   cache.increment("baz") # => 6
       #
       def increment(name, amount = 1, options = nil)
-        instrument(:increment, name, amount: amount) do
+        options = merged_options(options)
+        key     = normalize_key(name, options)
+
+        instrument(:increment, key, amount: amount) do
           modify_value(name, amount, options)
         end
       end
@@ -164,7 +167,10 @@ def increment(name, amount = 1, options = nil)
       #   cache.decrement("baz") # => 4
       #
       def decrement(name, amount = 1, options = nil)
-        instrument(:decrement, name, amount: amount) do
+        options = merged_options(options)
+        key     = normalize_key(name, options)
+
+        instrument(:decrement, key, amount: amount) do
           modify_value(name, -amount, options)
         end
       end
@@ -239,7 +245,6 @@ def delete_entry(key, **options)
         # Modifies the amount of an integer value that is stored in the cache.
         # If the key is not found it is created and set to +amount+.
         def modify_value(name, amount, options)
-          options = merged_options(options)
           key     = normalize_key(name, options)
           version = normalize_version(name, options)
 
diff --git a/activesupport/test/cache/behaviors/cache_instrumentation_behavior.rb b/activesupport/test/cache/behaviors/cache_instrumentation_behavior.rb
index a25bea26bbf82..fa916f772b94e 100644
--- a/activesupport/test/cache/behaviors/cache_instrumentation_behavior.rb
+++ b/activesupport/test/cache/behaviors/cache_instrumentation_behavior.rb
@@ -64,6 +64,33 @@ def test_read_multi_instrumentation
     assert_equal @cache.class.name, events[0].payload[:store]
   end
 
+  def test_increment_instrumentation
+    key_1 = SecureRandom.uuid
+    @cache.write(key_1, 0)
+
+    events = with_instrumentation "increment" do
+      @cache.increment(key_1)
+    end
+
+    assert_equal %w[ cache_increment.active_support ], events.map(&:name)
+    assert_equal key_1, events[0].payload[:key]
+    assert_equal @cache.class.name, events[0].payload[:store]
+  end
+
+
+  def test_decrement_instrumentation
+    key_1 = SecureRandom.uuid
+    @cache.write(key_1, 0)
+
+    events = with_instrumentation "decrement" do
+      @cache.decrement(key_1)
+    end
+
+    assert_equal %w[ cache_decrement.active_support ], events.map(&:name)
+    assert_equal key_1, events[0].payload[:key]
+    assert_equal @cache.class.name, events[0].payload[:store]
+  end
+
   private
     def with_instrumentation(method)
       event_name = "cache_#{method}.active_support"
diff --git a/guides/source/active_support_instrumentation.md b/guides/source/active_support_instrumentation.md
index 507feaa339414..dd27dbd03fe1e 100644
--- a/guides/source/active_support_instrumentation.md
+++ b/guides/source/active_support_instrumentation.md
@@ -599,9 +599,6 @@ Cache stores may add their own data as well.
 
 #### `cache_increment.active_support`
 
-This event is only emitted when using [`MemCacheStore`][ActiveSupport::Cache::MemCacheStore]
-or [`RedisCacheStore`][ActiveSupport::Cache::RedisCacheStore].
-
 | Key       | Value                   |
 | --------- | ----------------------- |
 | `:key`    | Key used in the store   |
@@ -618,8 +615,6 @@ or [`RedisCacheStore`][ActiveSupport::Cache::RedisCacheStore].
 
 #### `cache_decrement.active_support`
 
-This event is only emitted when using the Memcached or Redis cache stores.
-
 | Key       | Value                   |
 | --------- | ----------------------- |
 | `:key`    | Key used in the store   |