diff --git a/arch/x86/kvm/hyperv.c b/arch/x86/kvm/hyperv.c
index dc97f2544b6f..5d13abecb384 100644
--- a/arch/x86/kvm/hyperv.c
+++ b/arch/x86/kvm/hyperv.c
@@ -1223,7 +1223,7 @@ static int kvm_hv_hypercall_complete_userspace(struct kvm_vcpu *vcpu)
 	struct kvm_run *run = vcpu->run;
 
 	kvm_hv_hypercall_set_result(vcpu, run->hyperv.u.hcall.result);
-	return 1;
+	return kvm_skip_emulated_instruction(vcpu);
 }
 
 int kvm_hv_hypercall(struct kvm_vcpu *vcpu)
diff --git a/arch/x86/kvm/x86.c b/arch/x86/kvm/x86.c
index b62328cd4cb0..2f3fe25639b3 100644
--- a/arch/x86/kvm/x86.c
+++ b/arch/x86/kvm/x86.c
@@ -6297,12 +6297,13 @@ void kvm_vcpu_deactivate_apicv(struct kvm_vcpu *vcpu)
 int kvm_emulate_hypercall(struct kvm_vcpu *vcpu)
 {
 	unsigned long nr, a0, a1, a2, a3, ret;
-	int op_64_bit, r;
+	int op_64_bit;
 
-	r = kvm_skip_emulated_instruction(vcpu);
-
-	if (kvm_hv_hypercall_enabled(vcpu->kvm))
-		return kvm_hv_hypercall(vcpu);
+	if (kvm_hv_hypercall_enabled(vcpu->kvm)) {
+		if (!kvm_hv_hypercall(vcpu))
+			return 0;
+		goto out;
+	}
 
 	nr = kvm_register_read(vcpu, VCPU_REGS_RAX);
 	a0 = kvm_register_read(vcpu, VCPU_REGS_RBX);
@@ -6323,7 +6324,7 @@ int kvm_emulate_hypercall(struct kvm_vcpu *vcpu)
 
 	if (kvm_x86_ops->get_cpl(vcpu) != 0) {
 		ret = -KVM_EPERM;
-		goto out;
+		goto out_error;
 	}
 
 	switch (nr) {
@@ -6343,12 +6344,14 @@ int kvm_emulate_hypercall(struct kvm_vcpu *vcpu)
 		ret = -KVM_ENOSYS;
 		break;
 	}
-out:
+out_error:
 	if (!op_64_bit)
 		ret = (u32)ret;
 	kvm_register_write(vcpu, VCPU_REGS_RAX, ret);
+
+out:
 	++vcpu->stat.hypercalls;
-	return r;
+	return kvm_skip_emulated_instruction(vcpu);
 }
 EXPORT_SYMBOL_GPL(kvm_emulate_hypercall);