diff --git a/Documentation/networking/device_drivers/ethernet/meta/fbnic.rst b/Documentation/networking/device_drivers/ethernet/meta/fbnic.rst
index 32ff114f5c26..13ebcdbb5f22 100644
--- a/Documentation/networking/device_drivers/ethernet/meta/fbnic.rst
+++ b/Documentation/networking/device_drivers/ethernet/meta/fbnic.rst
@@ -27,3 +27,29 @@ driver takes over.
 devlink dev info provides version information for all three components. In
 addition to the version the hg commit hash of the build is included as a
 separate entry.
+
+PCIe Statistics
+---------------
+
+The fbnic driver exposes PCIe hardware performance statistics through debugfs
+(``pcie_stats``). These statistics provide insights into PCIe transaction
+behavior and potential performance bottlenecks.
+
+Statistics Categories
+
+1. PCIe Transaction Counters:
+
+   These counters track PCIe transaction activity:
+        - pcie_ob_rd_tlp: Outbound read Transaction Layer Packets count
+        - pcie_ob_rd_dword: DWORDs transferred in outbound read transactions
+        - pcie_ob_wr_tlp: Outbound write Transaction Layer Packets count
+        - pcie_ob_wr_dword: DWORDs transferred in outbound write transactions
+        - pcie_ob_cpl_tlp: Outbound completion TLP count
+        - pcie_ob_cpl_dword: DWORDs transferred in outbound completion TLPs
+
+2. PCIe Resource Monitoring:
+
+   These counters indicate PCIe resource exhaustion events:
+        - pcie_ob_rd_no_tag: Read requests dropped due to tag unavailability
+        - pcie_ob_rd_no_cpl_cred: Read requests dropped due to completion credit exhaustion
+        - pcie_ob_rd_no_np_cred: Read requests dropped due to non-posted credit exhaustion
diff --git a/drivers/net/ethernet/meta/fbnic/fbnic_csr.h b/drivers/net/ethernet/meta/fbnic/fbnic_csr.h
index e78745332d82..463fd5d54d35 100644
--- a/drivers/net/ethernet/meta/fbnic/fbnic_csr.h
+++ b/drivers/net/ethernet/meta/fbnic/fbnic_csr.h
@@ -917,6 +917,43 @@ enum {
 #define FBNIC_MAX_QUEUES		128
 #define FBNIC_CSR_END_QUEUE	(0x40000 + 0x400 * FBNIC_MAX_QUEUES - 1)

+/* PUL User Registers*/
+#define FBNIC_PUL_USER_OB_RD_TLP_CNT_31_0 \
+					0x3106e		/* 0xc41b8 */
+#define FBNIC_PUL_USER_OB_RD_DWORD_CNT_31_0 \
+					0x31070		/* 0xc41c0 */
+#define FBNIC_PUL_USER_OB_RD_DWORD_CNT_63_32 \
+					0x31071		/* 0xc41c4 */
+#define FBNIC_PUL_USER_OB_WR_TLP_CNT_31_0 \
+					0x31072		/* 0xc41c8 */
+#define FBNIC_PUL_USER_OB_WR_TLP_CNT_63_32 \
+					0x31073		/* 0xc41cc */
+#define FBNIC_PUL_USER_OB_WR_DWORD_CNT_31_0 \
+					0x31074		/* 0xc41d0 */
+#define FBNIC_PUL_USER_OB_WR_DWORD_CNT_63_32 \
+					0x31075		/* 0xc41d4 */
+#define FBNIC_PUL_USER_OB_CPL_TLP_CNT_31_0 \
+					0x31076		/* 0xc41d8 */
+#define FBNIC_PUL_USER_OB_CPL_TLP_CNT_63_32 \
+					0x31077		/* 0xc41dc */
+#define FBNIC_PUL_USER_OB_CPL_DWORD_CNT_31_0 \
+					0x31078		/* 0xc41e0 */
+#define FBNIC_PUL_USER_OB_CPL_DWORD_CNT_63_32 \
+					0x31079		/* 0xc41e4 */
+#define FBNIC_PUL_USER_OB_RD_DBG_CNT_CPL_CRED_31_0 \
+					0x3107a		/* 0xc41e8 */
+#define FBNIC_PUL_USER_OB_RD_DBG_CNT_CPL_CRED_63_32 \
+					0x3107b		/* 0xc41ec */
+#define FBNIC_PUL_USER_OB_RD_DBG_CNT_TAG_31_0 \
+					0x3107c		/* 0xc41f0 */
+#define FBNIC_PUL_USER_OB_RD_DBG_CNT_TAG_63_32 \
+					0x3107d		/* 0xc41f4 */
+#define FBNIC_PUL_USER_OB_RD_DBG_CNT_NP_CRED_31_0 \
+					0x3107e		/* 0xc41f8 */
+#define FBNIC_PUL_USER_OB_RD_DBG_CNT_NP_CRED_63_32 \
+					0x3107f		/* 0xc41fc */
+#define FBNIC_CSR_END_PUL_USER	0x31080	/* CSR section delimiter */
+
 /* BAR 4 CSRs */

 /* The IPC mailbox consists of 32 mailboxes, with each mailbox consisting
diff --git a/drivers/net/ethernet/meta/fbnic/fbnic_debugfs.c b/drivers/net/ethernet/meta/fbnic/fbnic_debugfs.c
new file mode 100644
index 000000000000..1c865d5b7320
--- /dev/null
+++ b/drivers/net/ethernet/meta/fbnic/fbnic_debugfs.c
@@ -0,0 +1,54 @@
+// SPDX-License-Identifier: GPL-2.0
+/* Copyright (c) Meta Platforms, Inc. and affiliates. */
+
+#include <linux/debugfs.h>
+#include <linux/pci.h>
+#include <linux/rtnetlink.h>
+#include <linux/seq_file.h>
+#include "fbnic.h"
+
+static struct dentry *fbnic_dbg_root;
+
+static int fbnic_dbg_pcie_stats_show(struct seq_file *s, void *v)
+{
+	struct fbnic_dev *fbd = s->private;
+
+	rtnl_lock();
+
+	fbnic_get_hw_stats(fbd);
+
+	seq_printf(s, "ob_rd_tlp: %llu\n", fbd->hw_stats.pcie.ob_rd_tlp.value);
+	seq_printf(s, "ob_rd_dword: %llu\n",
+		   fbd->hw_stats.pcie.ob_rd_dword.value);
+	seq_printf(s, "ob_wr_tlp: %llu\n", fbd->hw_stats.pcie.ob_wr_tlp.value);
+	seq_printf(s, "ob_wr_dword: %llu\n",
+		   fbd->hw_stats.pcie.ob_wr_dword.value);
+	seq_printf(s, "ob_cpl_tlp: %llu\n",
+		   fbd->hw_stats.pcie.ob_cpl_tlp.value);
+	seq_printf(s, "ob_cpl_dword: %llu\n",
+		   fbd->hw_stats.pcie.ob_cpl_dword.value);
+	seq_printf(s, "ob_rd_no_tag: %llu\n",
+		   fbd->hw_stats.pcie.ob_rd_no_tag.value);
+	seq_printf(s, "ob_rd_no_cpl_cred: %llu\n",
+		   fbd->hw_stats.pcie.ob_rd_no_cpl_cred.value);
+	seq_printf(s, "ob_rd_no_np_cred: %llu\n",
+		   fbd->hw_stats.pcie.ob_rd_no_np_cred.value);
+
+	rtnl_unlock();
+	return 0;
+}
+
+DEFINE_SHOW_ATTRIBUTE(fbnic_dbg_pcie_stats);
+
+void fbnic_dbg_init(void)
+{
+	fbnic_dbg_root = debugfs_create_dir(fbnic_driver_name, NULL);
+	debugfs_create_file("pcie_stats", 0400, fbnic_dbg_root, NULL,
+			    &fbnic_dbg_pcie_stats_fops);
+}
+
+void fbnic_dbg_exit(void)
+{
+	debugfs_remove_recursive(fbnic_dbg_root);
+	fbnic_dbg_root = NULL;
+}
diff --git a/drivers/net/ethernet/meta/fbnic/fbnic_hw_stats.c b/drivers/net/ethernet/meta/fbnic/fbnic_hw_stats.c
index a0acc7606aa1..eb19b49fe306 100644
--- a/drivers/net/ethernet/meta/fbnic/fbnic_hw_stats.c
+++ b/drivers/net/ethernet/meta/fbnic/fbnic_hw_stats.c
@@ -25,3 +25,117 @@ u64 fbnic_stat_rd64(struct fbnic_dev *fbd, u32 reg, u32 offset)
 	 */
 	return ((u64)upper << 32);
 }
+
+static void fbnic_hw_stat_rst64(struct fbnic_dev *fbd, u32 reg, s32 offset,
+				struct fbnic_stat_counter *stat)
+{
+	/* Record initial counter values and compute deltas from there to ensure
+	 * stats start at 0 after reboot/reset. This avoids exposing absolute
+	 * hardware counter values to userspace.
+	 */
+	stat->u.old_reg_value_64 = fbnic_stat_rd64(fbd, reg, offset);
+}
+
+static void fbnic_hw_stat_rd64(struct fbnic_dev *fbd, u32 reg, s32 offset,
+			       struct fbnic_stat_counter *stat)
+{
+	u64 new_reg_value;
+
+	new_reg_value = fbnic_stat_rd64(fbd, reg, offset);
+	stat->value += new_reg_value - stat->u.old_reg_value_64;
+	stat->u.old_reg_value_64 = new_reg_value;
+}
+
+static void fbnic_reset_pcie_stats_asic(struct fbnic_dev *fbd,
+					struct fbnic_pcie_stats *pcie)
+{
+	fbnic_hw_stat_rst64(fbd,
+			    FBNIC_PUL_USER_OB_RD_TLP_CNT_31_0,
+			    1,
+			    &pcie->ob_rd_tlp);
+	fbnic_hw_stat_rst64(fbd,
+			    FBNIC_PUL_USER_OB_RD_DWORD_CNT_31_0,
+			    1,
+			    &pcie->ob_rd_dword);
+	fbnic_hw_stat_rst64(fbd,
+			    FBNIC_PUL_USER_OB_CPL_TLP_CNT_31_0,
+			    1,
+			    &pcie->ob_cpl_tlp);
+	fbnic_hw_stat_rst64(fbd,
+			    FBNIC_PUL_USER_OB_CPL_DWORD_CNT_31_0,
+			    1,
+			    &pcie->ob_cpl_dword);
+	fbnic_hw_stat_rst64(fbd,
+			    FBNIC_PUL_USER_OB_WR_TLP_CNT_31_0,
+			    1,
+			    &pcie->ob_wr_tlp);
+	fbnic_hw_stat_rst64(fbd,
+			    FBNIC_PUL_USER_OB_WR_DWORD_CNT_31_0,
+			    1,
+			    &pcie->ob_wr_dword);
+
+	fbnic_hw_stat_rst64(fbd,
+			    FBNIC_PUL_USER_OB_RD_DBG_CNT_TAG_31_0,
+			    1,
+			    &pcie->ob_rd_no_tag);
+	fbnic_hw_stat_rst64(fbd,
+			    FBNIC_PUL_USER_OB_RD_DBG_CNT_CPL_CRED_31_0,
+			    1,
+			    &pcie->ob_rd_no_cpl_cred);
+	fbnic_hw_stat_rst64(fbd,
+			    FBNIC_PUL_USER_OB_RD_DBG_CNT_NP_CRED_31_0,
+			    1,
+			    &pcie->ob_rd_no_np_cred);
+}
+
+static void fbnic_get_pcie_stats_asic64(struct fbnic_dev *fbd,
+					struct fbnic_pcie_stats *pcie)
+{
+	fbnic_hw_stat_rd64(fbd,
+			   FBNIC_PUL_USER_OB_RD_TLP_CNT_31_0,
+			   1,
+			   &pcie->ob_rd_tlp);
+	fbnic_hw_stat_rd64(fbd,
+			   FBNIC_PUL_USER_OB_RD_DWORD_CNT_31_0,
+			   1,
+			   &pcie->ob_rd_dword);
+	fbnic_hw_stat_rd64(fbd,
+			   FBNIC_PUL_USER_OB_WR_TLP_CNT_31_0,
+			   1,
+			   &pcie->ob_wr_tlp);
+	fbnic_hw_stat_rd64(fbd,
+			   FBNIC_PUL_USER_OB_WR_DWORD_CNT_31_0,
+			   1,
+			   &pcie->ob_wr_dword);
+	fbnic_hw_stat_rd64(fbd,
+			   FBNIC_PUL_USER_OB_CPL_TLP_CNT_31_0,
+			   1,
+			   &pcie->ob_cpl_tlp);
+	fbnic_hw_stat_rd64(fbd,
+			   FBNIC_PUL_USER_OB_CPL_DWORD_CNT_31_0,
+			   1,
+			   &pcie->ob_cpl_dword);
+
+	fbnic_hw_stat_rd64(fbd,
+			   FBNIC_PUL_USER_OB_RD_DBG_CNT_TAG_31_0,
+			   1,
+			   &pcie->ob_rd_no_tag);
+	fbnic_hw_stat_rd64(fbd,
+			   FBNIC_PUL_USER_OB_RD_DBG_CNT_CPL_CRED_31_0,
+			   1,
+			   &pcie->ob_rd_no_cpl_cred);
+	fbnic_hw_stat_rd64(fbd,
+			   FBNIC_PUL_USER_OB_RD_DBG_CNT_NP_CRED_31_0,
+			   1,
+			   &pcie->ob_rd_no_np_cred);
+}
+
+void fbnic_reset_hw_stats(struct fbnic_dev *fbd)
+{
+	fbnic_reset_pcie_stats_asic(fbd, &fbd->hw_stats.pcie);
+}
+
+void fbnic_get_hw_stats(struct fbnic_dev *fbd)
+{
+	fbnic_get_pcie_stats_asic64(fbd, &fbd->hw_stats.pcie);
+}
diff --git a/drivers/net/ethernet/meta/fbnic/fbnic_hw_stats.h b/drivers/net/ethernet/meta/fbnic/fbnic_hw_stats.h
index 30348904b510..036cc065a857 100644
--- a/drivers/net/ethernet/meta/fbnic/fbnic_hw_stats.h
+++ b/drivers/net/ethernet/meta/fbnic/fbnic_hw_stats.h
@@ -31,10 +31,22 @@ struct fbnic_mac_stats {
 	struct fbnic_eth_mac_stats eth_mac;
 };

+struct fbnic_pcie_stats {
+	struct fbnic_stat_counter ob_rd_tlp, ob_rd_dword;
+	struct fbnic_stat_counter ob_wr_tlp, ob_wr_dword;
+	struct fbnic_stat_counter ob_cpl_tlp, ob_cpl_dword;
+
+	struct fbnic_stat_counter ob_rd_no_tag;
+	struct fbnic_stat_counter ob_rd_no_cpl_cred;
+	struct fbnic_stat_counter ob_rd_no_np_cred;
+};
+
 struct fbnic_hw_stats {
 	struct fbnic_mac_stats mac;
+	struct fbnic_pcie_stats pcie;
 };

 u64 fbnic_stat_rd64(struct fbnic_dev *fbd, u32 reg, u32 offset);

+void fbnic_reset_hw_stats(struct fbnic_dev *fbd);
 void fbnic_get_hw_stats(struct fbnic_dev *fbd);
diff --git a/drivers/net/ethernet/meta/fbnic/fbnic_netdev.c b/drivers/net/ethernet/meta/fbnic/fbnic_netdev.c
index fc7d80db5fa6..04077649161b 100644
--- a/drivers/net/ethernet/meta/fbnic/fbnic_netdev.c
+++ b/drivers/net/ethernet/meta/fbnic/fbnic_netdev.c
@@ -628,6 +628,9 @@ struct net_device *fbnic_netdev_alloc(struct fbnic_dev *fbd)

 	fbnic_reset_queues(fbn, default_queues, default_queues);

+	/* Capture snapshot of hardware stats so netdev can calculate delta */
+	fbnic_reset_hw_stats(fbd);
+
 	fbnic_reset_indir_tbl(fbn);
 	fbnic_rss_key_fill(fbn->rss_key);
 	fbnic_rss_init_en_mask(fbn);
