diff --git a/hw/riscv/riscv-iommu-hpm.c b/hw/riscv/riscv-iommu-hpm.c
index 1cea6b1df1..5518c287a5 100644
--- a/hw/riscv/riscv-iommu-hpm.c
+++ b/hw/riscv/riscv-iommu-hpm.c
@@ -281,3 +281,91 @@ void riscv_iommu_process_hpmcycle_write(RISCVIOMMUState *s)
     s->hpmcycle_prev = get_cycles();
     hpm_setup_timer(s, s->hpmcycle_val);
 }
+
+static inline bool check_valid_event_id(unsigned event_id)
+{
+    return event_id > RISCV_IOMMU_HPMEVENT_INVALID &&
+           event_id < RISCV_IOMMU_HPMEVENT_MAX;
+}
+
+static gboolean hpm_event_equal(gpointer key, gpointer value, gpointer udata)
+{
+    uint32_t *pair = udata;
+
+    if (GPOINTER_TO_UINT(value) & (1 << pair[0])) {
+        pair[1] = GPOINTER_TO_UINT(key);
+        return true;
+    }
+
+    return false;
+}
+
+/* Caller must check ctr_idx against hpm_ctrs to see if its supported or not. */
+static void update_event_map(RISCVIOMMUState *s, uint64_t value,
+                             uint32_t ctr_idx)
+{
+    unsigned event_id = get_field(value, RISCV_IOMMU_IOHPMEVT_EVENT_ID);
+    uint32_t pair[2] = { ctr_idx, RISCV_IOMMU_HPMEVENT_INVALID };
+    uint32_t new_value = 1 << ctr_idx;
+    gpointer data;
+
+    /*
+     * If EventID field is RISCV_IOMMU_HPMEVENT_INVALID
+     * remove the current mapping.
+     */
+    if (event_id == RISCV_IOMMU_HPMEVENT_INVALID) {
+        data = g_hash_table_find(s->hpm_event_ctr_map, hpm_event_equal, pair);
+
+        new_value = GPOINTER_TO_UINT(data) & ~(new_value);
+        if (new_value != 0) {
+            g_hash_table_replace(s->hpm_event_ctr_map,
+                                 GUINT_TO_POINTER(pair[1]),
+                                 GUINT_TO_POINTER(new_value));
+        } else {
+            g_hash_table_remove(s->hpm_event_ctr_map,
+                                GUINT_TO_POINTER(pair[1]));
+        }
+
+        return;
+    }
+
+    /* Update the counter mask if the event is already enabled. */
+    if (g_hash_table_lookup_extended(s->hpm_event_ctr_map,
+                                     GUINT_TO_POINTER(event_id),
+                                     NULL,
+                                     &data)) {
+        new_value |= GPOINTER_TO_UINT(data);
+    }
+
+    g_hash_table_insert(s->hpm_event_ctr_map,
+                        GUINT_TO_POINTER(event_id),
+                        GUINT_TO_POINTER(new_value));
+}
+
+void riscv_iommu_process_hpmevt_write(RISCVIOMMUState *s, uint32_t evt_reg)
+{
+    const uint32_t ctr_idx = (evt_reg - RISCV_IOMMU_REG_IOHPMEVT_BASE) >> 3;
+    const uint32_t ovf = riscv_iommu_reg_get32(s, RISCV_IOMMU_REG_IOCOUNTOVF);
+    uint64_t val = riscv_iommu_reg_get64(s, evt_reg);
+
+    if (ctr_idx >= s->hpm_cntrs) {
+        return;
+    }
+
+    /* Clear OF bit in IOCNTOVF if it's being cleared in IOHPMEVT register. */
+    if (get_field(ovf, BIT(ctr_idx + 1)) &&
+        !get_field(val, RISCV_IOMMU_IOHPMEVT_OF)) {
+        /* +1 to offset CYCLE register OF bit. */
+        riscv_iommu_reg_mod32(
+            s, RISCV_IOMMU_REG_IOCOUNTOVF, 0, BIT(ctr_idx + 1));
+    }
+
+    if (!check_valid_event_id(get_field(val, RISCV_IOMMU_IOHPMEVT_EVENT_ID))) {
+        /* Reset EventID (WARL) field to invalid. */
+        val = set_field(val, RISCV_IOMMU_IOHPMEVT_EVENT_ID,
+            RISCV_IOMMU_HPMEVENT_INVALID);
+        riscv_iommu_reg_set64(s, evt_reg, val);
+    }
+
+    update_event_map(s, val, ctr_idx);
+}
diff --git a/hw/riscv/riscv-iommu-hpm.h b/hw/riscv/riscv-iommu-hpm.h
index 0cd550975d..5fc4ef2e8b 100644
--- a/hw/riscv/riscv-iommu-hpm.h
+++ b/hw/riscv/riscv-iommu-hpm.h
@@ -28,5 +28,6 @@ void riscv_iommu_hpm_incr_ctr(RISCVIOMMUState *s, RISCVIOMMUContext *ctx,
 void riscv_iommu_hpm_timer_cb(void *priv);
 void riscv_iommu_process_iocntinh_cy(RISCVIOMMUState *s, bool prev_cy_inh);
 void riscv_iommu_process_hpmcycle_write(RISCVIOMMUState *s);
+void riscv_iommu_process_hpmevt_write(RISCVIOMMUState *s, uint32_t evt_reg);
 
 #endif
diff --git a/hw/riscv/riscv-iommu.c b/hw/riscv/riscv-iommu.c
index 3bdd88df4a..83cd529844 100644
--- a/hw/riscv/riscv-iommu.c
+++ b/hw/riscv/riscv-iommu.c
@@ -1939,7 +1939,7 @@ static void riscv_iommu_process_hpm_writes(RISCVIOMMUState *s,
 
     case RISCV_IOMMU_REG_IOHPMEVT_BASE ...
         RISCV_IOMMU_REG_IOHPMEVT(RISCV_IOMMU_IOCOUNT_NUM) + 4:
-        /* not yet implemented */
+        riscv_iommu_process_hpmevt_write(s, regb & ~7);
         break;
     }
 }
@@ -2386,6 +2386,8 @@ static Property riscv_iommu_properties[] = {
     DEFINE_PROP_BOOL("g-stage", RISCVIOMMUState, enable_g_stage, TRUE),
     DEFINE_PROP_LINK("downstream-mr", RISCVIOMMUState, target_mr,
         TYPE_MEMORY_REGION, MemoryRegion *),
+    DEFINE_PROP_UINT8("hpm-counters", RISCVIOMMUState, hpm_cntrs,
+                      RISCV_IOMMU_IOCOUNT_NUM),
     DEFINE_PROP_END_OF_LIST(),
 };
 
diff --git a/hw/riscv/riscv-iommu.h b/hw/riscv/riscv-iommu.h
index 6ddc59f474..5aaa66fae5 100644
--- a/hw/riscv/riscv-iommu.h
+++ b/hw/riscv/riscv-iommu.h
@@ -95,6 +95,7 @@ struct RISCVIOMMUState {
 
     /* HPM event counters */
     GHashTable *hpm_event_ctr_map; /* Mapping of events to counters */
+    uint8_t hpm_cntrs;
 };
 
 void riscv_iommu_pci_setup_iommu(RISCVIOMMUState *iommu, PCIBus *bus,
