Abstract: A method comprises: providing a welding current pulse through a welding circuit to create an arc for a welding operation; measuring an arc voltage to produce a measured arc voltage pulse that includes an inductive voltage drop due to inductance in the welding circuit and current ramps of the welding current pulse; and during the welding operation, implementing an inductance-compensation feedback loop. The feedback loop includes canceling the inductive voltage drop from the measured arc voltage pulse using a canceling voltage to produce a compensated arc voltage pulse; and deriving the canceling voltage based on the compensated arc voltage pulse.