diff --git a/drivers/net/ethernet/mediatek/mtk_eth_soc.c b/drivers/net/ethernet/mediatek/mtk_eth_soc.c
index d1bcc8afefa7..0f38346b5ce3 100644
--- a/drivers/net/ethernet/mediatek/mtk_eth_soc.c
+++ b/drivers/net/ethernet/mediatek/mtk_eth_soc.c
@@ -1342,6 +1342,30 @@ static void mtk_stats_update(struct mtk_eth *eth)
 	}
 }
 
+/* MTK_GDM1_AF and MTK_GDM2_AF describe a two-GDM frame engine and are the
+ * only trigger the driver has for draining the counters from the hot path.
+ * On NETSYS v3 that trigger does not fire, so drain them on a timer as well.
+ */
+static void mtk_stats_work(struct work_struct *work)
+{
+	struct delayed_work *del_work = to_delayed_work(work);
+	struct mtk_eth *eth = container_of(del_work, struct mtk_eth,
+					   stats_work);
+
+	if (test_bit(MTK_HW_INIT, &eth->state) &&
+	    !test_bit(MTK_RESETTING, &eth->state)) {
+		/* mtk_stats_update() is written for the NAPI path and takes
+		 * stats_lock with spin_trylock().  Keep the lock out of two
+		 * different contexts.
+		 */
+		local_bh_disable();
+		mtk_stats_update(eth);
+		local_bh_enable();
+	}
+
+	schedule_delayed_work(&eth->stats_work, MTK_STATS_DRAIN_TIMEOUT);
+}
+
 static void mtk_get_stats64(struct net_device *dev,
 			    struct rtnl_link_stats64 *storage)
 {
@@ -5078,6 +5102,7 @@ static int mtk_cleanup(struct mtk_eth *eth)
 	mtk_free_dev(eth);
 	cancel_work_sync(&eth->pending_work);
 	cancel_delayed_work_sync(&eth->reset.monitor_work);
+	cancel_delayed_work_sync(&eth->stats_work);
 
 	return 0;
 }
@@ -6134,6 +6159,7 @@ static int mtk_probe(struct platform_device *pdev)
 	INIT_WORK(&eth->rx_dim.work, mtk_dim_rx);
 	atomic_set(&eth->reset.force, 0);
 	INIT_DELAYED_WORK(&eth->reset.monitor_work, mtk_hw_reset_monitor_work);
+	INIT_DELAYED_WORK(&eth->stats_work, mtk_stats_work);
 
 	eth->tx_dim.mode = DIM_CQ_PERIOD_MODE_START_FROM_EQE;
 	INIT_WORK(&eth->tx_dim.work, mtk_dim_tx);
@@ -6465,6 +6491,7 @@ static int mtk_probe(struct platform_device *pdev)
 	platform_set_drvdata(pdev, eth);
 	schedule_delayed_work(&eth->reset.monitor_work,
 			      MTK_DMA_MONITOR_TIMEOUT);
+	schedule_delayed_work(&eth->stats_work, MTK_STATS_DRAIN_TIMEOUT);
 
 	return 0;
 
diff --git a/drivers/net/ethernet/mediatek/mtk_eth_soc.h b/drivers/net/ethernet/mediatek/mtk_eth_soc.h
index 13de4a984d70..7150a7efa42f 100644
--- a/drivers/net/ethernet/mediatek/mtk_eth_soc.h
+++ b/drivers/net/ethernet/mediatek/mtk_eth_soc.h
@@ -1478,6 +1478,12 @@ struct mtk_soc_data {
 
 #define MTK_DMA_MONITOR_TIMEOUT		msecs_to_jiffies(1000)
 
+/* The GDM MIB counters are clear-on-read and the packet counters are only
+ * 32 bits wide, so they have to be drained on a schedule rather than only
+ * when something asks for statistics.
+ */
+#define MTK_STATS_DRAIN_TIMEOUT		msecs_to_jiffies(1000)
+
 /* currently no SoC has more than 3 macs */
 #define MTK_MAX_DEVS	3
 
@@ -1570,6 +1576,9 @@ struct mtk_eth {
 
 	const struct mtk_soc_data	*soc;
 
+	/* periodic drain of the clear-on-read GDM MIB counters */
+	struct delayed_work		stats_work;
+
 	spinlock_t			dim_lock;
 
 	u32				rx_events;