PurposeThe purpose of this study was to determine an optimal saturation‐recovery time (TS) for minimizing the underestimation of arterial input function (AIF) in quantitative cardiac perfusion MRI without multiple gadolinium injections per subject.MethodsWe scanned 18 subjects (mean age = 59 ± 14 years, 9/9 males/females) to acquire resting perfusion data and 1 additional subject (age = 38 years, male) to obtain stress‐rest perfusion data using a 5‐fold accelerated pulse sequence with radial k‐space sampling and applied k‐space weighted image contrast (KWIC) filters on the same k‐space data to retrospectively reconstruct five AIF images with effective TS ranging from 10 to 21.2 ms (2.8 ms steps). Undersampled images were reconstructed using a compressed sensing framework with temporal‐total‐variation and temporal‐principal‐component as 2 orthogonal sparsifying transforms. The image processing steps included, same motion correction across five different AIF images, signal normalization by the proton‐density‐weighted‐image, signal‐to‐T1 conversion using a Bloch equation, T1‐to‐gadolinium‐concentration conversion assuming fast water exchange, T2* correction to the AIF, and gadolinium‐concentration to myocardial blood flow (MBF) conversion based on a Fermi model.ResultsAmong five TS values, the shortest TS (10 ms) produced significantly (P < 0.05) higher peak AIF and lower resting MBF (13.73 mM, 0.73 mL g−1 min−1) than 12.8 ms (11.24 mM, 0.89 mL g−1 min−1), 15.6 ms (9.56 mM, 1.05 mL g−1 min−1), 18.4 ms (8.55 mM, 1.17 mL g−1 min−1), and 21.2 ms (7.95 mM, 1.27 mL g−1 min−1). Similarly, shorter TS reduced underestimation of AIF (or overestimation of MBF) for both during stress and at rest, but this effect was canceled in myocardial‐perfusion‐reserve (MPR).ConclusionThis study demonstrates that TS of 10 ms reduces the underestimation of AIF and, hence, the overestimation of MBF compared with longer TS values (12.8‐21.2 ms).