diff --git a/arch/x86/hyperv/hv_init.c b/arch/x86/hyperv/hv_init.c
index 8a9cff1f129d..1663ad84778b 100644
--- a/arch/x86/hyperv/hv_init.c
+++ b/arch/x86/hyperv/hv_init.c
@@ -30,6 +30,7 @@
 #include <linux/clockchips.h>
 #include <linux/hyperv.h>
 #include <linux/slab.h>
+#include <linux/kernel.h>
 #include <linux/cpuhotplug.h>
 
 #ifdef CONFIG_HYPERV_TSCPAGE
@@ -427,11 +428,14 @@ void hyperv_cleanup(void)
 }
 EXPORT_SYMBOL_GPL(hyperv_cleanup);
 
-void hyperv_report_panic(struct pt_regs *regs, long err)
+void hyperv_report_panic(struct pt_regs *regs, long err, bool in_die)
 {
 	static bool panic_reported;
 	u64 guest_id;
 
+	if (in_die && !panic_on_oops)
+		return;
+
 	/*
 	 * We prefer to report panic on 'die' chain as we have proper
 	 * registers to report, but if we miss it (e.g. on BUG()) we need
diff --git a/arch/x86/include/asm/mshyperv.h b/arch/x86/include/asm/mshyperv.h
index f37704497d8f..5b58a6cf487f 100644
--- a/arch/x86/include/asm/mshyperv.h
+++ b/arch/x86/include/asm/mshyperv.h
@@ -338,7 +338,7 @@ static inline int cpumask_to_vpset(struct hv_vpset *vpset,
 
 void __init hyperv_init(void);
 void hyperv_setup_mmu_ops(void);
-void hyperv_report_panic(struct pt_regs *regs, long err);
+void hyperv_report_panic(struct pt_regs *regs, long err, bool in_die);
 void hyperv_report_panic_msg(phys_addr_t pa, size_t size);
 bool hv_is_hyperv_initialized(void);
 void hyperv_cleanup(void);
diff --git a/drivers/hv/vmbus_drv.c b/drivers/hv/vmbus_drv.c
index eacfe7933c4d..fb22b72fd535 100644
--- a/drivers/hv/vmbus_drv.c
+++ b/drivers/hv/vmbus_drv.c
@@ -43,6 +43,7 @@
 #include <linux/kdebug.h>
 #include <linux/efi.h>
 #include <linux/random.h>
+#include <linux/kernel.h>
 #include "hyperv_vmbus.h"
 
 struct vmbus_dynid {
@@ -85,7 +86,7 @@ static int hyperv_panic_event(struct notifier_block *nb, unsigned long val,
 	if (ms_hyperv.misc_features & HV_FEATURE_GUEST_CRASH_MSR_AVAILABLE
 	    && hyperv_report_reg()) {
 		regs = current_pt_regs();
-		hyperv_report_panic(regs, val);
+		hyperv_report_panic(regs, val, false);
 	}
 	return NOTIFY_DONE;
 }
@@ -102,7 +103,7 @@ static int hyperv_die_event(struct notifier_block *nb, unsigned long val,
 	 * the notification here.
 	 */
 	if (hyperv_report_reg())
-		hyperv_report_panic(regs, val);
+		hyperv_report_panic(regs, val, true);
 	return NOTIFY_DONE;
 }