diff --git a/pcsx2-qt/Settings/GraphicsSettingsWidget.cpp b/pcsx2-qt/Settings/GraphicsSettingsWidget.cpp
index 6dac016e9b..c0d3dc9c70 100644
--- a/pcsx2-qt/Settings/GraphicsSettingsWidget.cpp
+++ b/pcsx2-qt/Settings/GraphicsSettingsWidget.cpp
@@ -100,7 +100,7 @@ GraphicsSettingsWidget::GraphicsSettingsWidget(SettingsWindow* dialog, QWidget*
 		sif, m_ui.screenshotSize, "EmuCore/GS", "ScreenshotSize", static_cast<int>(GSScreenshotSize::WindowResolution));
 	SettingWidgetBinder::BindWidgetToIntSetting(
 		sif, m_ui.screenshotFormat, "EmuCore/GS", "ScreenshotFormat", static_cast<int>(GSScreenshotFormat::PNG));
-	SettingWidgetBinder::BindWidgetToIntSetting(sif, m_ui.screenshotQuality, "EmuCore/GS", "ScreenshotQuality", 50);
+	SettingWidgetBinder::BindWidgetToIntSetting(sif, m_ui.screenshotQuality, "EmuCore/GS", "ScreenshotQuality", 90);
 	SettingWidgetBinder::BindWidgetToFloatSetting(sif, m_ui.stretchY, "EmuCore/GS", "StretchY", 100.0f);
 	SettingWidgetBinder::BindWidgetToIntSetting(sif, m_ui.cropLeft, "EmuCore/GS", "CropLeft", 0);
 	SettingWidgetBinder::BindWidgetToIntSetting(sif, m_ui.cropTop, "EmuCore/GS", "CropTop", 0);
@@ -515,8 +515,8 @@ GraphicsSettingsWidget::GraphicsSettingsWidget(SettingsWindow* dialog, QWidget*
 		dialog->registerWidgetHelp(m_ui.screenshotFormat, tr("Screenshot Format"), tr("PNG"),
 			tr("Selects the format which will be used to save screenshots. JPEG produces smaller files, but loses detail."));
 
-		dialog->registerWidgetHelp(m_ui.screenshotQuality, tr("Screenshot Quality"), tr("50%"),
-			tr("Selects the quality at which screenshots will be compressed. Higher values preserve more detail for JPEG, and reduce file "
+		dialog->registerWidgetHelp(m_ui.screenshotQuality, tr("Screenshot Quality"), tr("90%"),
+			tr("Selects the quality at which screenshots will be compressed. Higher values preserve more detail for JPEG and WebP, and reduce file "
 			   "size for PNG."));
 
 		dialog->registerWidgetHelp(m_ui.stretchY, tr("Vertical Stretch"), tr("100%"),
diff --git a/pcsx2/Config.h b/pcsx2/Config.h
index 7075c530ea..fc1253d220 100644
--- a/pcsx2/Config.h
+++ b/pcsx2/Config.h
@@ -833,7 +833,7 @@ struct Pcsx2Config
 		s8 ExclusiveFullscreenControl = -1;
 		GSScreenshotSize ScreenshotSize = GSScreenshotSize::WindowResolution;
 		GSScreenshotFormat ScreenshotFormat = GSScreenshotFormat::PNG;
-		int ScreenshotQuality = 50;
+		int ScreenshotQuality = 90;
 
 		std::string CaptureContainer = DEFAULT_CAPTURE_CONTAINER;
 		std::string VideoCaptureCodec;
diff --git a/pcsx2/ImGui/FullscreenUI.cpp b/pcsx2/ImGui/FullscreenUI.cpp
index b1240ee8f4..84d0880a6b 100644
--- a/pcsx2/ImGui/FullscreenUI.cpp
+++ b/pcsx2/ImGui/FullscreenUI.cpp
@@ -3873,7 +3873,7 @@ void FullscreenUI::DrawGraphicsSettingsPage(SettingsInterface* bsi, bool show_ad
 		"EmuCore/GS", "ScreenshotFormat", static_cast<int>(GSScreenshotFormat::PNG), s_screenshot_formats, std::size(s_screenshot_formats),
 		true);
 	DrawIntRangeSetting(bsi, FSUI_CSTR("Screenshot Quality"), FSUI_CSTR("Selects the quality at which screenshots will be compressed."),
-		"EmuCore/GS", "ScreenshotQuality", 50, 1, 100, FSUI_CSTR("%d%%"));
+		"EmuCore/GS", "ScreenshotQuality", 90, 1, 100, FSUI_CSTR("%d%%"));
 	DrawIntRangeSetting(bsi, FSUI_CSTR("Vertical Stretch"), FSUI_CSTR("Increases or decreases the virtual picture size vertically."),
 		"EmuCore/GS", "StretchY", 100, 10, 300, FSUI_CSTR("%d%%"));
 	DrawIntRectSetting(bsi, FSUI_CSTR("Crop"), FSUI_CSTR("Crops the image, while respecting aspect ratio."), "EmuCore/GS", "CropLeft", 0,