diff --git a/Documentation/networking/devlink/mlx5.rst b/Documentation/networking/devlink/mlx5.rst
index 291e7f63af73..38089f0aefcf 100644
--- a/Documentation/networking/devlink/mlx5.rst
+++ b/Documentation/networking/devlink/mlx5.rst
@@ -20,6 +20,9 @@ Parameters
    * - ``io_eq_size``
      - driverinit
      - The range is between 64 and 4096.
+   * - ``event_eq_size``
+     - driverinit
+     - The range is between 64 and 4096.
 
 The ``mlx5`` driver also implements the following driver-specific
 parameters.
diff --git a/drivers/net/ethernet/mellanox/mlx5/core/devlink.c b/drivers/net/ethernet/mellanox/mlx5/core/devlink.c
index 177c6e9159f8..37b7600c5545 100644
--- a/drivers/net/ethernet/mellanox/mlx5/core/devlink.c
+++ b/drivers/net/ethernet/mellanox/mlx5/core/devlink.c
@@ -579,6 +579,8 @@ static const struct devlink_param mlx5_devlink_params[] = {
 			      mlx5_devlink_enable_remote_dev_reset_set, NULL),
 	DEVLINK_PARAM_GENERIC(IO_EQ_SIZE, BIT(DEVLINK_PARAM_CMODE_DRIVERINIT),
 			      NULL, NULL, mlx5_devlink_eq_depth_validate),
+	DEVLINK_PARAM_GENERIC(EVENT_EQ_SIZE, BIT(DEVLINK_PARAM_CMODE_DRIVERINIT),
+			      NULL, NULL, mlx5_devlink_eq_depth_validate),
 };
 
 static void mlx5_devlink_set_params_init_values(struct devlink *devlink)
@@ -622,6 +624,11 @@ static void mlx5_devlink_set_params_init_values(struct devlink *devlink)
 	devlink_param_driverinit_value_set(devlink,
 					   DEVLINK_PARAM_GENERIC_ID_IO_EQ_SIZE,
 					   value);
+
+	value.vu32 = MLX5_NUM_ASYNC_EQE;
+	devlink_param_driverinit_value_set(devlink,
+					   DEVLINK_PARAM_GENERIC_ID_EVENT_EQ_SIZE,
+					   value);
 }
 
 static const struct devlink_param enable_eth_param =
diff --git a/drivers/net/ethernet/mellanox/mlx5/core/eq.c b/drivers/net/ethernet/mellanox/mlx5/core/eq.c
index 7686d7c9c824..b695aad71ee1 100644
--- a/drivers/net/ethernet/mellanox/mlx5/core/eq.c
+++ b/drivers/net/ethernet/mellanox/mlx5/core/eq.c
@@ -623,6 +623,20 @@ static void cleanup_async_eq(struct mlx5_core_dev *dev,
 			      name, err);
 }
 
+static u16 async_eq_depth_devlink_param_get(struct mlx5_core_dev *dev)
+{
+	struct devlink *devlink = priv_to_devlink(dev);
+	union devlink_param_value val;
+	int err;
+
+	err = devlink_param_driverinit_value_get(devlink,
+						 DEVLINK_PARAM_GENERIC_ID_EVENT_EQ_SIZE,
+						 &val);
+	if (!err)
+		return val.vu32;
+	mlx5_core_dbg(dev, "Failed to get param. using default. err = %d\n", err);
+	return MLX5_NUM_ASYNC_EQE;
+}
 static int create_async_eqs(struct mlx5_core_dev *dev)
 {
 	struct mlx5_eq_table *table = dev->priv.eq_table;
@@ -647,7 +661,7 @@ static int create_async_eqs(struct mlx5_core_dev *dev)
 
 	param = (struct mlx5_eq_param) {
 		.irq_index = MLX5_IRQ_EQ_CTRL,
-		.nent = MLX5_NUM_ASYNC_EQE,
+		.nent = async_eq_depth_devlink_param_get(dev),
 	};
 
 	gather_async_events_mask(dev, param.mask);