diff --git a/homeassistant/components/elgato/button.py b/homeassistant/components/elgato/button.py
index aefff0b750b..6f9436b8e29 100644
--- a/homeassistant/components/elgato/button.py
+++ b/homeassistant/components/elgato/button.py
@@ -22,6 +22,8 @@ from . import ElgatorConfigEntry
 from .coordinator import ElgatoDataUpdateCoordinator
 from .entity import ElgatoEntity
 
+PARALLEL_UPDATES = 1
+
 
 @dataclass(frozen=True, kw_only=True)
 class ElgatoButtonEntityDescription(ButtonEntityDescription):
diff --git a/homeassistant/components/elgato/quality_scale.yaml b/homeassistant/components/elgato/quality_scale.yaml
index 513940e2438..531f0447f70 100644
--- a/homeassistant/components/elgato/quality_scale.yaml
+++ b/homeassistant/components/elgato/quality_scale.yaml
@@ -30,10 +30,7 @@ rules:
   entity-unavailable: done
   integration-owner: done
   log-when-unavailable: done
-  parallel-updates:
-    status: todo
-    comment: |
-      Does not set parallel-updates on button/switch action calls.
+  parallel-updates: done
   reauthentication-flow:
     status: exempt
     comment: |
diff --git a/homeassistant/components/elgato/switch.py b/homeassistant/components/elgato/switch.py
index fe177616034..643f148ec7d 100644
--- a/homeassistant/components/elgato/switch.py
+++ b/homeassistant/components/elgato/switch.py
@@ -18,6 +18,8 @@ from . import ElgatorConfigEntry
 from .coordinator import ElgatoData, ElgatoDataUpdateCoordinator
 from .entity import ElgatoEntity
 
+PARALLEL_UPDATES = 1
+
 
 @dataclass(frozen=True, kw_only=True)
 class ElgatoSwitchEntityDescription(SwitchEntityDescription):