diff --git a/pcsx2-qt/QtHost.cpp b/pcsx2-qt/QtHost.cpp
index 5e0581412a..7a305334d1 100644
--- a/pcsx2-qt/QtHost.cpp
+++ b/pcsx2-qt/QtHost.cpp
@@ -1054,8 +1054,14 @@ void EmuThread::updatePerformanceMetrics(bool force)
 
 		if (gfps != m_last_game_fps || force)
 		{
+			QString text;
+			if (gfps == 0)
+				text = tr("FPS: N/A");
+			else
+				text = tr("FPS: %1").arg(gfps, 0, 'f', 0);
+
 			QMetaObject::invokeMethod(g_main_window->getStatusFPSWidget(), "setText", Qt::QueuedConnection,
-				Q_ARG(const QString&, tr("FPS: %1").arg(gfps, 0, 'f', 0)));
+				Q_ARG(const QString&, text));
 			m_last_game_fps = gfps;
 		}
 
diff --git a/pcsx2/ImGui/ImGuiOverlays.cpp b/pcsx2/ImGui/ImGuiOverlays.cpp
index 381647a3cb..1dad022dbf 100644
--- a/pcsx2/ImGui/ImGuiOverlays.cpp
+++ b/pcsx2/ImGui/ImGuiOverlays.cpp
@@ -221,18 +221,16 @@ __ri void ImGuiManager::DrawPerformanceOverlay(float& position_y, float scale, f
 			switch (PerformanceMetrics::GetInternalFPSMethod())
 			{
 				case PerformanceMetrics::InternalFPSMethod::GSPrivilegedRegister:
-					text.append_format("FPS: {:.2f} [P]", PerformanceMetrics::GetInternalFPS(),
-						PerformanceMetrics::GetFPS());
+					text.append_format("FPS: {:.2f} [P]", PerformanceMetrics::GetInternalFPS());
 					break;
 
 				case PerformanceMetrics::InternalFPSMethod::DISPFBBlit:
-					text.append_format("FPS: {:.2f} [B]", PerformanceMetrics::GetInternalFPS(),
-						PerformanceMetrics::GetFPS());
+					text.append_format("FPS: {:.2f} [B]", PerformanceMetrics::GetInternalFPS());
 					break;
 
 				case PerformanceMetrics::InternalFPSMethod::None:
 				default:
-					text.append_format("FPS: {:.2f}", PerformanceMetrics::GetFPS());
+					text.append("FPS: N/A");
 					break;
 			}
 			first = false;