diff --git a/pcsx2-qt/Settings/GraphicsSettingsWidget.cpp b/pcsx2-qt/Settings/GraphicsSettingsWidget.cpp
index 45ae72a3ea..e026362137 100644
--- a/pcsx2-qt/Settings/GraphicsSettingsWidget.cpp
+++ b/pcsx2-qt/Settings/GraphicsSettingsWidget.cpp
@@ -242,7 +242,7 @@ GraphicsSettingsWidget::GraphicsSettingsWidget(SettingsDialog* dialog, QWidget*
 	SettingWidgetBinder::BindWidgetToBoolSetting(sif, m_ui.skipPresentingDuplicateFrames, "EmuCore/GS", "SkipDuplicateFrames", false);
 	SettingWidgetBinder::BindWidgetToIntSetting(sif, m_ui.overrideTextureBarriers, "EmuCore/GS", "OverrideTextureBarriers", -1, -1);
 	SettingWidgetBinder::BindWidgetToIntSetting(sif, m_ui.overrideGeometryShader, "EmuCore/GS", "OverrideGeometryShaders", -1, -1);
-	SettingWidgetBinder::BindWidgetToIntSetting(sif, m_ui.gsDumpCompression, "EmuCore/GS", "GSDumpCompression", static_cast<int>(GSDumpCompressionMethod::Uncompressed));
+	SettingWidgetBinder::BindWidgetToIntSetting(sif, m_ui.gsDumpCompression, "EmuCore/GS", "GSDumpCompression", static_cast<int>(GSDumpCompressionMethod::LZMA));
 	SettingWidgetBinder::BindWidgetToBoolSetting(sif, m_ui.disableFramebufferFetch, "EmuCore/GS", "DisableFramebufferFetch", false);
 	SettingWidgetBinder::BindWidgetToBoolSetting(sif, m_ui.disableDualSource, "EmuCore/GS", "DisableDualSourceBlend", false);
 	SettingWidgetBinder::BindWidgetToBoolSetting(sif, m_ui.disableHardwareReadbacks, "EmuCore/GS", "HWDisableReadbacks", false);
diff --git a/pcsx2/Config.h b/pcsx2/Config.h
index 0343f65372..e1d04d1099 100644
--- a/pcsx2/Config.h
+++ b/pcsx2/Config.h
@@ -531,7 +531,7 @@ struct Pcsx2Config
 		CRCHackLevel CRCHack{CRCHackLevel::Automatic};
 		BiFiltering TextureFiltering{BiFiltering::PS2};
 		TexturePreloadingLevel TexturePreloading{TexturePreloadingLevel::Full};
-		GSDumpCompressionMethod GSDumpCompression{GSDumpCompressionMethod::Uncompressed};
+		GSDumpCompressionMethod GSDumpCompression{GSDumpCompressionMethod::LZMA};
 		int Dithering{2};
 		int MaxAnisotropy{0};
 		int SWExtraThreads{2};