diff --git a/sdk/identity/azure-identity/src/main/java/com/azure/identity/ClientAssertionCredential.java b/sdk/identity/azure-identity/src/main/java/com/azure/identity/ClientAssertionCredential.java
index b3fc2f8df28e..bf788fcad345 100644
--- a/sdk/identity/azure-identity/src/main/java/com/azure/identity/ClientAssertionCredential.java
+++ b/sdk/identity/azure-identity/src/main/java/com/azure/identity/ClientAssertionCredential.java
@@ -119,8 +119,10 @@ public Mono<AccessToken> getToken(TokenRequestContext request) {
     public AccessToken getTokenSync(TokenRequestContext request) {
         try {
             AccessToken token = identitySyncClient.authenticateWithConfidentialClientCache(request);
-            LoggingUtil.logTokenSuccess(LOGGER, request);
-            return token;
+            if (token != null) {
+                LoggingUtil.logTokenSuccess(LOGGER, request);
+                return token;
+            }
         } catch (Exception e) { }
 
         try {
diff --git a/sdk/identity/azure-identity/src/main/java/com/azure/identity/ClientCertificateCredential.java b/sdk/identity/azure-identity/src/main/java/com/azure/identity/ClientCertificateCredential.java
index 1418b1d5e58f..471725f45fd8 100644
--- a/sdk/identity/azure-identity/src/main/java/com/azure/identity/ClientCertificateCredential.java
+++ b/sdk/identity/azure-identity/src/main/java/com/azure/identity/ClientCertificateCredential.java
@@ -148,8 +148,10 @@ public Mono<AccessToken> getToken(TokenRequestContext request) {
     public AccessToken getTokenSync(TokenRequestContext request) {
         try {
             AccessToken token = identitySyncClient.authenticateWithConfidentialClientCache(request);
-            LoggingUtil.logTokenSuccess(LOGGER, request);
-            return token;
+            if (token != null) {
+                LoggingUtil.logTokenSuccess(LOGGER, request);
+                return token;
+            }
         } catch (Exception e) { }
 
         try {
diff --git a/sdk/identity/azure-identity/src/main/java/com/azure/identity/ClientSecretCredential.java b/sdk/identity/azure-identity/src/main/java/com/azure/identity/ClientSecretCredential.java
index a0c8619a6fa7..3450e1067666 100644
--- a/sdk/identity/azure-identity/src/main/java/com/azure/identity/ClientSecretCredential.java
+++ b/sdk/identity/azure-identity/src/main/java/com/azure/identity/ClientSecretCredential.java
@@ -126,8 +126,10 @@ public Mono<AccessToken> getToken(TokenRequestContext request) {
     public AccessToken getTokenSync(TokenRequestContext request) {
         try {
             AccessToken token = identitySyncClient.authenticateWithConfidentialClientCache(request);
-            LoggingUtil.logTokenSuccess(LOGGER, request);
-            return token;
+            if (token != null) {
+                LoggingUtil.logTokenSuccess(LOGGER, request);
+                return token;
+            }
         } catch (Exception e) { }
 
         try {
diff --git a/sdk/identity/azure-identity/src/main/java/com/azure/identity/DeviceCodeCredential.java b/sdk/identity/azure-identity/src/main/java/com/azure/identity/DeviceCodeCredential.java
index 2b60d1ab7118..60fb3819f691 100644
--- a/sdk/identity/azure-identity/src/main/java/com/azure/identity/DeviceCodeCredential.java
+++ b/sdk/identity/azure-identity/src/main/java/com/azure/identity/DeviceCodeCredential.java
@@ -157,7 +157,11 @@ public Mono<AccessToken> getToken(TokenRequestContext request) {
     public AccessToken getTokenSync(TokenRequestContext request) {
         if (cachedToken.get() != null) {
             try {
-                return identitySyncClient.authenticateWithPublicClientCache(request, cachedToken.get());
+                MsalToken token = identitySyncClient.authenticateWithPublicClientCache(request, cachedToken.get());
+                if (token != null) {
+                    LoggingUtil.logTokenSuccess(LOGGER, request);
+                    return token;
+                }
             } catch (Exception e) { }
         }
         try {
diff --git a/sdk/identity/azure-identity/src/main/java/com/azure/identity/InteractiveBrowserCredential.java b/sdk/identity/azure-identity/src/main/java/com/azure/identity/InteractiveBrowserCredential.java
index e11804a5e739..7d759b93e0e2 100644
--- a/sdk/identity/azure-identity/src/main/java/com/azure/identity/InteractiveBrowserCredential.java
+++ b/sdk/identity/azure-identity/src/main/java/com/azure/identity/InteractiveBrowserCredential.java
@@ -162,7 +162,11 @@ public Mono<AccessToken> getToken(TokenRequestContext request) {
     public AccessToken getTokenSync(TokenRequestContext request) {
         if (cachedToken.get() != null) {
             try {
-                return identitySyncClient.authenticateWithPublicClientCache(request, cachedToken.get());
+                MsalToken token = identitySyncClient.authenticateWithPublicClientCache(request, cachedToken.get());
+                if (token != null) {
+                    LoggingUtil.logTokenSuccess(LOGGER, request);
+                    return token;
+                }
             } catch (Exception e) { }
         }
         try {
diff --git a/sdk/identity/azure-identity/src/main/java/com/azure/identity/OnBehalfOfCredential.java b/sdk/identity/azure-identity/src/main/java/com/azure/identity/OnBehalfOfCredential.java
index 263bba6a2e9f..4d369ea8d607 100644
--- a/sdk/identity/azure-identity/src/main/java/com/azure/identity/OnBehalfOfCredential.java
+++ b/sdk/identity/azure-identity/src/main/java/com/azure/identity/OnBehalfOfCredential.java
@@ -92,8 +92,10 @@ public Mono<AccessToken> getToken(TokenRequestContext request) {
     public AccessToken getTokenSync(TokenRequestContext request) {
         try {
             AccessToken token = identitySyncClient.authenticateWithConfidentialClientCache(request);
-            LoggingUtil.logTokenSuccess(LOGGER, request);
-            return token;
+            if (token != null) {
+                LoggingUtil.logTokenSuccess(LOGGER, request);
+                return token;
+            }
         } catch (Exception e) { }
 
         try {
diff --git a/sdk/identity/azure-identity/src/main/java/com/azure/identity/UsernamePasswordCredential.java b/sdk/identity/azure-identity/src/main/java/com/azure/identity/UsernamePasswordCredential.java
index 2d77dc100d79..cfad0d11b119 100644
--- a/sdk/identity/azure-identity/src/main/java/com/azure/identity/UsernamePasswordCredential.java
+++ b/sdk/identity/azure-identity/src/main/java/com/azure/identity/UsernamePasswordCredential.java
@@ -127,7 +127,11 @@ public Mono<AccessToken> getToken(TokenRequestContext request) {
     public AccessToken getTokenSync(TokenRequestContext request) {
         if (cachedToken.get() != null) {
             try {
-                return identitySyncClient.authenticateWithPublicClientCache(request, cachedToken.get());
+                MsalToken token = identitySyncClient.authenticateWithPublicClientCache(request, cachedToken.get());
+                if (token != null) {
+                    LoggingUtil.logTokenSuccess(LOGGER, request);
+                    return token;
+                }
             } catch (Exception e) { }
         }
 
diff --git a/sdk/identity/azure-identity/src/main/java/com/azure/identity/implementation/IdentitySyncClient.java b/sdk/identity/azure-identity/src/main/java/com/azure/identity/implementation/IdentitySyncClient.java
index 8ab4dfbb89f8..dbceb3b7a69e 100644
--- a/sdk/identity/azure-identity/src/main/java/com/azure/identity/implementation/IdentitySyncClient.java
+++ b/sdk/identity/azure-identity/src/main/java/com/azure/identity/implementation/IdentitySyncClient.java
@@ -166,7 +166,13 @@ public AccessToken authenticateWithManagedIdentityConfidentialClient(TokenReques
         }
     }
 
-
+    /**
+     * Acquire a token from the confidential client.
+     *
+     * @param request the details of the token request
+     * @return An access token, or null if no token exists in the cache.
+     */
+    @SuppressWarnings("deprecation")
     public AccessToken authenticateWithConfidentialClientCache(TokenRequestContext request) {
         ConfidentialClientApplication confidentialClientApplication = getConfidentialClientInstance(request).getValue();
         SilentParameters.SilentParametersBuilder parametersBuilder = SilentParameters.builder(new HashSet<>(request.getScopes()))
@@ -189,17 +195,23 @@ public AccessToken authenticateWithConfidentialClientCache(TokenRequestContext r
         } catch (MalformedURLException e) {
             throw LOGGER.logExceptionAsError(new RuntimeException(e.getMessage(), e));
         } catch (ExecutionException | InterruptedException e) {
-            throw LOGGER.logExceptionAsError(new ClientAuthenticationException(e.getMessage(), null, e));
+            // Cache misses should not throw an exception, but should log.
+            if (e.getMessage().contains("Token not found in the cache")) {
+                LOGGER.verbose("Token not found in the MSAL cache.");
+                return null;
+            } else {
+                throw LOGGER.logExceptionAsError(new ClientAuthenticationException(e.getMessage(), null, e));
+            }
         }
     }
 
 
     /**
-     * Asynchronously acquire a token from the currently logged in client.
+     * Acquire a token from the currently logged in client.
      *
      * @param request the details of the token request
      * @param account the account used to log in to acquire the last token
-     * @return a Publisher that emits an AccessToken
+     * @return An access token, or null if no token exists in the cache.
      */
     @SuppressWarnings("deprecation")
     public MsalToken authenticateWithPublicClientCache(TokenRequestContext request, IAccount account) {
@@ -226,7 +238,13 @@ public MsalToken authenticateWithPublicClientCache(TokenRequestContext request,
         } catch (MalformedURLException e) {
             throw LOGGER.logExceptionAsError(new RuntimeException(e.getMessage(), e));
         } catch (ExecutionException | InterruptedException e) {
-            throw LOGGER.logExceptionAsError(new ClientAuthenticationException(e.getMessage(), null, e));
+            // Cache misses should not throw an exception, but should log.
+            if (e.getMessage().contains("Token not found in the cache")) {
+                LOGGER.verbose("Token not found in the MSAL cache.");
+                return null;
+            } else {
+                throw LOGGER.logExceptionAsError(new ClientAuthenticationException(e.getMessage(), null, e));
+            }
         }
 
         SilentParameters.SilentParametersBuilder forceParametersBuilder = SilentParameters.builder(
@@ -248,7 +266,13 @@ public MsalToken authenticateWithPublicClientCache(TokenRequestContext request,
         } catch (MalformedURLException e) {
             throw LOGGER.logExceptionAsError(new RuntimeException(e.getMessage(), e));
         } catch (ExecutionException | InterruptedException e) {
-            throw LOGGER.logExceptionAsError(new ClientAuthenticationException(e.getMessage(), null, e));
+            // Cache misses should not throw an exception, but should log.
+            if (e.getMessage().contains("Token not found in the cache")) {
+                LOGGER.verbose("Token not found in the MSAL cache.");
+                return null;
+            } else {
+                throw LOGGER.logExceptionAsError(new ClientAuthenticationException(e.getMessage(), null, e));
+            }
         }
     }