diff --git a/pcsx2-qt/Settings/ControllerSettingsWindow.cpp b/pcsx2-qt/Settings/ControllerSettingsWindow.cpp
index 6779d15fed..c335b1797a 100644
--- a/pcsx2-qt/Settings/ControllerSettingsWindow.cpp
+++ b/pcsx2-qt/Settings/ControllerSettingsWindow.cpp
@@ -38,6 +38,7 @@ ControllerSettingsWindow::ControllerSettingsWindow()
 	connect(m_ui.buttonBox, &QDialogButtonBox::rejected, this, &ControllerSettingsWindow::close);
 	connect(m_ui.newProfile, &QPushButton::clicked, this, &ControllerSettingsWindow::onNewProfileClicked);
 	connect(m_ui.applyProfile, &QPushButton::clicked, this, &ControllerSettingsWindow::onApplyProfileClicked);
+	connect(m_ui.renameProfile, &QPushButton::clicked, this, &ControllerSettingsWindow::onRenameProfileClicked);
 	connect(m_ui.deleteProfile, &QPushButton::clicked, this, &ControllerSettingsWindow::onDeleteProfileClicked);
 	connect(m_ui.mappingSettings, &QPushButton::clicked, this, &ControllerSettingsWindow::onMappingSettingsClicked);
 	connect(m_ui.restoreDefaults, &QPushButton::clicked, this, &ControllerSettingsWindow::onRestoreDefaultsClicked);
@@ -176,6 +177,48 @@ void ControllerSettingsWindow::onApplyProfileClicked()
 	switchProfile({});
 }
 
+void ControllerSettingsWindow::onRenameProfileClicked()
+{
+	const QString profile_name(QInputDialog::getText(this, tr("Rename Input Profile"),
+		tr("Enter the new name for the input profile:").arg(m_profile_name)));
+
+	if (profile_name.isEmpty())
+		return;
+
+	std::string old_profile_name(m_profile_name.toStdString());
+	std::string old_profile_path(VMManager::GetInputProfilePath(m_profile_name.toStdString()));
+	std::string profile_path(VMManager::GetInputProfilePath(profile_name.toStdString()));
+	if (FileSystem::FileExists(profile_path.c_str()))
+	{
+		QMessageBox::critical(this, tr("Error"), tr("A profile with the name '%1' already exists.").arg(profile_name));
+		return;
+	}
+
+	if (!FileSystem::RenamePath(old_profile_path.c_str(), profile_path.c_str()))
+	{
+		QMessageBox::critical(this, tr("Error"), tr("Failed to rename '%1'.").arg(QString::fromStdString(old_profile_path)));
+		return;
+	}
+
+	std::string game_settings_dir(EmuFolders::GameSettings);
+	for (const auto& game_settings : std::filesystem::recursive_directory_iterator(game_settings_dir))
+	{
+		std::string game_settings_path(game_settings.path().string());
+		std::unique_ptr<INISettingsInterface> update_sif(std::make_unique<INISettingsInterface>(std::move(game_settings_path)));
+		
+		update_sif->Load();
+
+		if (!old_profile_name.compare(update_sif->GetStringValue("EmuCore", "InputProfileName")))
+		{
+			update_sif->SetStringValue("EmuCore", "InputProfileName", profile_name.toUtf8());
+		}
+	}	
+			
+
+	refreshProfileList();
+	switchProfile({profile_name});
+}
+
 void ControllerSettingsWindow::onDeleteProfileClicked()
 {
 	if (QMessageBox::question(this, tr("Delete Input Profile"),
@@ -451,6 +494,7 @@ void ControllerSettingsWindow::createWidgets()
 	}
 
 	m_ui.applyProfile->setEnabled(isEditingProfile());
+	m_ui.renameProfile->setEnabled(isEditingProfile());
 	m_ui.deleteProfile->setEnabled(isEditingProfile());
 	m_ui.restoreDefaults->setEnabled(isEditingGlobalSettings());
 }
diff --git a/pcsx2-qt/Settings/ControllerSettingsWindow.h b/pcsx2-qt/Settings/ControllerSettingsWindow.h
index 2ee8996a20..e754dc5b5f 100644
--- a/pcsx2-qt/Settings/ControllerSettingsWindow.h
+++ b/pcsx2-qt/Settings/ControllerSettingsWindow.h
@@ -76,6 +76,7 @@ private Q_SLOTS:
 	void onCurrentProfileChanged(int index);
 	void onNewProfileClicked();
 	void onApplyProfileClicked();
+	void onRenameProfileClicked();
 	void onDeleteProfileClicked();
 	void onMappingSettingsClicked();
 	void onRestoreDefaultsClicked();
diff --git a/pcsx2-qt/Settings/ControllerSettingsWindow.ui b/pcsx2-qt/Settings/ControllerSettingsWindow.ui
index ee04e8c37b..4efe1a1e8b 100644
--- a/pcsx2-qt/Settings/ControllerSettingsWindow.ui
+++ b/pcsx2-qt/Settings/ControllerSettingsWindow.ui
@@ -113,6 +113,16 @@
          </property>
         </widget>
        </item>
+	   <item>
+		<widget class="QPushButton" name="renameProfile">
+		 <property name="text">
+		  <string>Rename Profile</string>
+		 </property>
+		 <property name="icon">
+		  <iconset theme="pencil-line"/>
+		 </property>
+		</widget>
+	   </item>
        <item>
         <widget class="QPushButton" name="deleteProfile">
          <property name="text">