diff --git a/drivers/net/ethernet/mellanox/mlx4/main.c b/drivers/net/ethernet/mellanox/mlx4/main.c
index 2e024a6..2fe9fe5 100644
--- a/drivers/net/ethernet/mellanox/mlx4/main.c
+++ b/drivers/net/ethernet/mellanox/mlx4/main.c
@@ -142,12 +142,6 @@
 	struct pci_dev *pdev;
 };
 
-static inline int mlx4_master_get_num_eqs(struct mlx4_dev *dev)
-{
-	return dev->caps.reserved_eqs +
-		MLX4_MFUNC_EQ_NUM * (dev->num_slaves + 1);
-}
-
 int mlx4_check_port_params(struct mlx4_dev *dev,
 			   enum mlx4_port_type *port_type)
 {
@@ -217,6 +211,7 @@
 	}
 
 	dev->caps.num_ports	     = dev_cap->num_ports;
+	dev->phys_caps.num_phys_eqs  = MLX4_MAX_EQ_NUM;
 	for (i = 1; i <= dev->caps.num_ports; ++i) {
 		dev->caps.vl_cap[i]	    = dev_cap->max_vl[i];
 		dev->caps.ib_mtu_cap[i]	    = dev_cap->ib_mtu[i];
@@ -810,9 +805,8 @@
 	if (err)
 		goto err_srq;
 
-	num_eqs = (mlx4_is_master(dev)) ?
-		roundup_pow_of_two(mlx4_master_get_num_eqs(dev)) :
-		dev->caps.num_eqs;
+	num_eqs = (mlx4_is_master(dev)) ? dev->phys_caps.num_phys_eqs :
+		  dev->caps.num_eqs;
 	err = mlx4_init_icm_table(dev, &priv->eq_table.cmpt_table,
 				  cmpt_base +
 				  ((u64) (MLX4_CMPT_TYPE_EQ *
@@ -874,9 +868,8 @@
 	}
 
 
-	num_eqs = (mlx4_is_master(dev)) ?
-		roundup_pow_of_two(mlx4_master_get_num_eqs(dev)) :
-		dev->caps.num_eqs;
+	num_eqs = (mlx4_is_master(dev)) ? dev->phys_caps.num_phys_eqs :
+		   dev->caps.num_eqs;
 	err = mlx4_init_icm_table(dev, &priv->eq_table.table,
 				  init_hca->eqc_base, dev_cap->eqc_entry_sz,
 				  num_eqs, num_eqs, 0, 0);
diff --git a/drivers/net/ethernet/mellanox/mlx4/profile.c b/drivers/net/ethernet/mellanox/mlx4/profile.c
index 06e5ade..b83bc92 100644
--- a/drivers/net/ethernet/mellanox/mlx4/profile.c
+++ b/drivers/net/ethernet/mellanox/mlx4/profile.c
@@ -126,7 +126,9 @@
 	profile[MLX4_RES_AUXC].num    = request->num_qp;
 	profile[MLX4_RES_SRQ].num     = request->num_srq;
 	profile[MLX4_RES_CQ].num      = request->num_cq;
-	profile[MLX4_RES_EQ].num      = min_t(unsigned, dev_cap->max_eqs, MAX_MSIX);
+	profile[MLX4_RES_EQ].num      = mlx4_is_mfunc(dev) ?
+					dev->phys_caps.num_phys_eqs :
+					min_t(unsigned, dev_cap->max_eqs, MAX_MSIX);
 	profile[MLX4_RES_DMPT].num    = request->num_mpt;
 	profile[MLX4_RES_CMPT].num    = MLX4_NUM_CMPTS;
 	profile[MLX4_RES_MTT].num     = request->num_mtt * (1 << log_mtts_per_seg);
@@ -215,9 +217,10 @@
 			init_hca->log_num_cqs = profile[i].log_num;
 			break;
 		case MLX4_RES_EQ:
-			dev->caps.num_eqs     = profile[i].num;
+			dev->caps.num_eqs     = roundup_pow_of_two(min_t(unsigned, dev_cap->max_eqs,
+									 MAX_MSIX));
 			init_hca->eqc_base    = profile[i].start;
-			init_hca->log_num_eqs = profile[i].log_num;
+			init_hca->log_num_eqs = ilog2(dev->caps.num_eqs);
 			break;
 		case MLX4_RES_DMPT:
 			dev->caps.num_mpts	= profile[i].num;
diff --git a/include/linux/mlx4/device.h b/include/linux/mlx4/device.h
index 6e27fa9..6a8f002 100644
--- a/include/linux/mlx4/device.h
+++ b/include/linux/mlx4/device.h
@@ -64,6 +64,7 @@
 	MLX4_MAX_NUM_PF		= 16,
 	MLX4_MAX_NUM_VF		= 64,
 	MLX4_MFUNC_MAX		= 80,
+	MLX4_MAX_EQ_NUM		= 1024,
 	MLX4_MFUNC_EQ_NUM	= 4,
 	MLX4_MFUNC_MAX_EQES     = 8,
 	MLX4_MFUNC_EQE_MASK     = (MLX4_MFUNC_MAX_EQES - 1)
@@ -239,6 +240,10 @@
 	return (major << 32) | (minor << 16) | subminor;
 }
 
+struct mlx4_phys_caps {
+	u32			num_phys_eqs;
+};
+
 struct mlx4_caps {
 	u64			fw_ver;
 	u32			function;
@@ -499,6 +504,7 @@
 	unsigned long		flags;
 	unsigned long		num_slaves;
 	struct mlx4_caps	caps;
+	struct mlx4_phys_caps	phys_caps;
 	struct radix_tree_root	qp_table_tree;
 	u8			rev_id;
 	char			board_id[MLX4_BOARD_ID_LEN];