diff --git a/src/core/gpu.cpp b/src/core/gpu.cpp
index c3f7d12b1..eeec705e6 100644
--- a/src/core/gpu.cpp
+++ b/src/core/gpu.cpp
@@ -302,7 +302,7 @@ void GPU::UpdateCRTCConfig()
   const TickCount ticks_per_frame = cs.horizontal_total * cs.vertical_total;
   const double vertical_frequency =
     static_cast<double>((u64(MASTER_CLOCK) * 11) / 7) / static_cast<double>(ticks_per_frame);
-  m_system->GetHostInterface()->SetThrottleFrequency(vertical_frequency);
+  m_system->SetThrottleFrequency(vertical_frequency);
 
   const u8 horizontal_resolution_index = m_GPUSTAT.horizontal_resolution_1 | (m_GPUSTAT.horizontal_resolution_2 << 2);
   cs.dot_clock_divider = dot_clock_dividers[horizontal_resolution_index];
diff --git a/src/core/host_interface.cpp b/src/core/host_interface.cpp
index 33260a522..c8283fa75 100644
--- a/src/core/host_interface.cpp
+++ b/src/core/host_interface.cpp
@@ -6,7 +6,6 @@
 #include "common/file_system.h"
 #include "common/log.h"
 #include "common/string_util.h"
-#include "common/timer.h"
 #include "dma.h"
 #include "game_list.h"
 #include "gpu.h"
@@ -20,12 +19,6 @@
 #include <imgui.h>
 Log_SetChannel(HostInterface);
 
-#ifdef _WIN32
-#include "common/windows_headers.h"
-#else
-#include <time.h>
-#endif
-
 #if defined(ANDROID) || (defined(__GNUC__) && __GNUC__ < 8)
 
 static std::string GetRelativePath(const std::string& path, const char* new_filename)
@@ -58,7 +51,6 @@ HostInterface::HostInterface()
   m_game_list = std::make_unique<GameList>();
   m_game_list->SetCacheFilename(GetGameListCacheFileName());
   m_game_list->SetDatabaseFilename(GetGameListDatabaseFileName());
-  m_last_throttle_time = Common::Timer::GetValue();
 }
 
 HostInterface::~HostInterface() = default;
@@ -91,7 +83,6 @@ bool HostInterface::BootSystem(const char* filename, const char* state_filename)
 void HostInterface::ResetSystem()
 {
   m_system->Reset();
-  ResetPerformanceCounters();
   AddOSDMessage("System reset.");
 }
 
@@ -138,7 +129,7 @@ void HostInterface::DrawFPSWindow()
   const bool show_vps = true;
   const bool show_speed = true;
 
-  if (!(show_fps | show_vps | show_speed))
+  if (!(show_fps | show_vps | show_speed) || !m_system)
     return;
 
   const ImVec2 window_size =
@@ -158,7 +149,7 @@ void HostInterface::DrawFPSWindow()
   bool first = true;
   if (show_fps)
   {
-    ImGui::Text("%.2f", m_fps);
+    ImGui::Text("%.2f", m_system->GetFPS());
     first = false;
   }
   if (show_vps)
@@ -174,7 +165,7 @@ void HostInterface::DrawFPSWindow()
       ImGui::SameLine();
     }
 
-    ImGui::Text("%.2f", m_vps);
+    ImGui::Text("%.2f", m_system->GetVPS());
   }
   if (show_speed)
   {
@@ -189,10 +180,11 @@ void HostInterface::DrawFPSWindow()
       ImGui::SameLine();
     }
 
-    const u32 rounded_speed = static_cast<u32>(std::round(m_speed));
-    if (m_speed < 90.0f)
+    const float speed = m_system->GetEmulationSpeed();
+    const u32 rounded_speed = static_cast<u32>(std::round(speed));
+    if (speed < 90.0f)
       ImGui::TextColored(ImVec4(1.0f, 0.4f, 0.4f, 1.0f), "%u%%", rounded_speed);
-    else if (m_speed < 110.0f)
+    else if (speed < 110.0f)
       ImGui::TextColored(ImVec4(1.0f, 1.0f, 1.0f, 1.0f), "%u%%", rounded_speed);
     else
       ImGui::TextColored(ImVec4(0.4f, 1.0f, 0.4f, 1.0f), "%u%%", rounded_speed);
@@ -347,45 +339,6 @@ std::optional<std::vector<u8>> HostInterface::GetBIOSImage(ConsoleRegion region)
   return BIOS::LoadImageFromFile(m_settings.bios_path);
 }
 
-void HostInterface::Throttle()
-{
-  // Allow variance of up to 40ms either way.
-  constexpr s64 MAX_VARIANCE_TIME = INT64_C(40000000);
-
-  // Don't sleep for <1ms or >=period.
-  constexpr s64 MINIMUM_SLEEP_TIME = INT64_C(1000000);
-
-  // Use unsigned for defined overflow/wrap-around.
-  const u64 time = static_cast<u64>(m_throttle_timer.GetTimeNanoseconds());
-  const s64 sleep_time = static_cast<s64>(m_last_throttle_time - time);
-  if (std::abs(sleep_time) >= MAX_VARIANCE_TIME)
-  {
-#ifndef _DEBUG
-    // Don't display the slow messages in debug, it'll always be slow...
-    // Limit how often the messages are displayed.
-    if (m_speed_lost_time_timestamp.GetTimeSeconds() >= 1.0f)
-    {
-      Log_WarningPrintf("System too %s, lost %.2f ms", sleep_time < 0 ? "slow" : "fast",
-                        static_cast<double>(std::abs(sleep_time) - MAX_VARIANCE_TIME) / 1000000.0);
-      m_speed_lost_time_timestamp.Reset();
-    }
-#endif
-    m_last_throttle_time = 0;
-    m_throttle_timer.Reset();
-  }
-  else if (sleep_time >= MINIMUM_SLEEP_TIME && sleep_time <= m_throttle_period)
-  {
-#ifdef WIN32
-    Sleep(static_cast<u32>(sleep_time / 1000000));
-#else
-    const struct timespec ts = {0, static_cast<long>(sleep_time)};
-    nanosleep(&ts, nullptr);
-#endif
-  }
-
-  m_last_throttle_time += m_throttle_period;
-}
-
 bool HostInterface::LoadState(const char* filename)
 {
   std::unique_ptr<ByteStream> stream = FileSystem::OpenFile(filename, BYTESTREAM_OPEN_READ | BYTESTREAM_OPEN_STREAMED);
@@ -441,13 +394,13 @@ void HostInterface::UpdateSpeedLimiterState()
     m_audio_stream->EmptyBuffers();
 
   m_display->SetVSync(video_sync_enabled);
-  m_throttle_timer.Reset();
-  m_last_throttle_time = 0;
+  if (m_system)
+    m_system->ResetPerformanceCounters();
 }
 
 void HostInterface::SwitchGPURenderer() {}
 
-void HostInterface::OnPerformanceCountersUpdated() {}
+void HostInterface::OnSystemPerformanceCountersUpdated() {}
 
 void HostInterface::OnRunningGameChanged() {}
 
@@ -647,59 +600,3 @@ void HostInterface::ModifyResolutionScale(s32 increment)
                          GPU::VRAM_WIDTH * m_settings.gpu_resolution_scale,
                          GPU::VRAM_HEIGHT * m_settings.gpu_resolution_scale);
 }
-
-void HostInterface::RunFrame()
-{
-  m_frame_timer.Reset();
-  m_system->RunFrame();
-  UpdatePerformanceCounters();
-}
-
-void HostInterface::UpdatePerformanceCounters()
-{
-  const float frame_time = static_cast<float>(m_frame_timer.GetTimeMilliseconds());
-  m_average_frame_time_accumulator += frame_time;
-  m_worst_frame_time_accumulator = std::max(m_worst_frame_time_accumulator, frame_time);
-
-  // update fps counter
-  const float time = static_cast<float>(m_fps_timer.GetTimeSeconds());
-  if (time < 1.0f)
-    return;
-
-  const float frames_presented = static_cast<float>(m_system->GetFrameNumber() - m_last_frame_number);
-
-  m_worst_frame_time = m_worst_frame_time_accumulator;
-  m_worst_frame_time_accumulator = 0.0f;
-  m_average_frame_time = m_average_frame_time_accumulator / frames_presented;
-  m_average_frame_time_accumulator = 0.0f;
-  m_vps = static_cast<float>(frames_presented / time);
-  m_last_frame_number = m_system->GetFrameNumber();
-  m_fps = static_cast<float>(m_system->GetInternalFrameNumber() - m_last_internal_frame_number) / time;
-  m_last_internal_frame_number = m_system->GetInternalFrameNumber();
-  m_speed = static_cast<float>(static_cast<double>(m_system->GetGlobalTickCounter() - m_last_global_tick_counter) /
-                               (static_cast<double>(MASTER_CLOCK) * time)) *
-            100.0f;
-  m_last_global_tick_counter = m_system->GetGlobalTickCounter();
-  m_fps_timer.Reset();
-
-  OnPerformanceCountersUpdated();
-}
-
-void HostInterface::ResetPerformanceCounters()
-{
-  if (m_system)
-  {
-    m_last_frame_number = m_system->GetFrameNumber();
-    m_last_internal_frame_number = m_system->GetInternalFrameNumber();
-    m_last_global_tick_counter = m_system->GetGlobalTickCounter();
-  }
-  else
-  {
-    m_last_frame_number = 0;
-    m_last_internal_frame_number = 0;
-    m_last_global_tick_counter = 0;
-  }
-  m_average_frame_time_accumulator = 0.0f;
-  m_worst_frame_time_accumulator = 0.0f;
-  m_fps_timer.Reset();
-}
diff --git a/src/core/host_interface.h b/src/core/host_interface.h
index d15346ba5..f5c8a6144 100644
--- a/src/core/host_interface.h
+++ b/src/core/host_interface.h
@@ -38,9 +38,6 @@ public:
   /// Returns the game list.
   const GameList* GetGameList() const { return m_game_list.get(); }
 
-  /// Adjusts the throttle frequency, i.e. how many times we should sleep per second.
-  void SetThrottleFrequency(double frequency) { m_throttle_period = static_cast<s64>(1000000000.0 / frequency); }
-
   bool CreateSystem();
   bool BootSystem(const char* filename, const char* state_filename);
   void ResetSystem();
@@ -68,12 +65,7 @@ public:
   /// Returns a path relative to the user directory.
   std::string GetUserDirectoryRelativePath(const char* format, ...) const;
 
-  /// Throttles the system, i.e. sleeps until it's time to execute the next frame.
-  void Throttle();
-
 protected:
-  using ThrottleClock = std::chrono::steady_clock;
-
   enum : u32
   {
     AUDIO_SAMPLE_RATE = 44100,
@@ -90,7 +82,7 @@ protected:
   };
 
   virtual void SwitchGPURenderer();
-  virtual void OnPerformanceCountersUpdated();
+  virtual void OnSystemPerformanceCountersUpdated();
   virtual void OnRunningGameChanged();
 
   void SetUserDirectory();
@@ -132,8 +124,6 @@ protected:
   /// Adjusts the internal (render) resolution of the hardware backends.
   void ModifyResolutionScale(s32 increment);
 
-  void RunFrame();
-
   void UpdateSpeedLimiterState();
 
   void DrawFPSWindow();
@@ -141,9 +131,6 @@ protected:
   void DrawDebugWindows();
   void ClearImGuiFocus();
 
-  void UpdatePerformanceCounters();
-  void ResetPerformanceCounters();
-
   std::unique_ptr<HostDisplay> m_display;
   std::unique_ptr<AudioStream> m_audio_stream;
   std::unique_ptr<System> m_system;
@@ -151,29 +138,10 @@ protected:
   Settings m_settings;
   std::string m_user_directory;
 
-  u64 m_last_throttle_time = 0;
-  s64 m_throttle_period = INT64_C(1000000000) / 60;
-  Common::Timer m_throttle_timer;
-  Common::Timer m_speed_lost_time_timestamp;
-
   bool m_paused = false;
   bool m_speed_limiter_temp_disabled = false;
   bool m_speed_limiter_enabled = false;
 
-  float m_average_frame_time_accumulator = 0.0f;
-  float m_worst_frame_time_accumulator = 0.0f;
-
-  float m_vps = 0.0f;
-  float m_fps = 0.0f;
-  float m_speed = 0.0f;
-  float m_worst_frame_time = 0.0f;
-  float m_average_frame_time = 0.0f;
-  u32 m_last_frame_number = 0;
-  u32 m_last_internal_frame_number = 0;
-  u32 m_last_global_tick_counter = 0;
-  Common::Timer m_fps_timer;
-  Common::Timer m_frame_timer;
-
   std::deque<OSDMessage> m_osd_messages;
   std::mutex m_osd_messages_lock;
 };
diff --git a/src/core/system.cpp b/src/core/system.cpp
index f69d60b9a..d7962302a 100644
--- a/src/core/system.cpp
+++ b/src/core/system.cpp
@@ -23,6 +23,12 @@
 #include <imgui.h>
 Log_SetChannel(System);
 
+#ifdef WIN32
+#include "common/windows_headers.h"
+#else
+#include <time.h>
+#endif
+
 System::System(HostInterface* host_interface) : m_host_interface(host_interface)
 {
   m_cpu = std::make_unique<CPU::Core>();
@@ -350,6 +356,7 @@ void System::Reset()
   m_internal_frame_number = 0;
   m_global_tick_counter = 0;
   m_last_event_run_time = 0;
+  ResetPerformanceCounters();
 }
 
 bool System::LoadState(ByteStream* state)
@@ -366,8 +373,10 @@ bool System::SaveState(ByteStream* state)
 
 void System::RunFrame()
 {
-  // Duplicated to avoid branch in the while loop, as the downcount can be quite low at times.
+  m_frame_timer.Reset();
   m_frame_done = false;
+
+  // Duplicated to avoid branch in the while loop, as the downcount can be quite low at times.
   if (m_cpu_execution_mode == CPUExecutionMode::Interpreter)
   {
     do
@@ -389,6 +398,89 @@ void System::RunFrame()
 
   // Generate any pending samples from the SPU before sleeping, this way we reduce the chances of underruns.
   m_spu->GeneratePendingSamples();
+
+  UpdatePerformanceCounters();
+}
+
+void System::Throttle()
+{
+  // Allow variance of up to 40ms either way.
+  constexpr s64 MAX_VARIANCE_TIME = INT64_C(40000000);
+
+  // Don't sleep for <1ms or >=period.
+  constexpr s64 MINIMUM_SLEEP_TIME = INT64_C(1000000);
+
+  // Use unsigned for defined overflow/wrap-around.
+  const u64 time = static_cast<u64>(m_throttle_timer.GetTimeNanoseconds());
+  const s64 sleep_time = static_cast<s64>(m_last_throttle_time - time);
+  if (std::abs(sleep_time) >= MAX_VARIANCE_TIME)
+  {
+#ifndef _DEBUG
+    // Don't display the slow messages in debug, it'll always be slow...
+    // Limit how often the messages are displayed.
+    if (m_speed_lost_time_timestamp.GetTimeSeconds() >= 1.0f)
+    {
+      Log_WarningPrintf("System too %s, lost %.2f ms", sleep_time < 0 ? "slow" : "fast",
+                        static_cast<double>(std::abs(sleep_time) - MAX_VARIANCE_TIME) / 1000000.0);
+      m_speed_lost_time_timestamp.Reset();
+    }
+#endif
+    m_last_throttle_time = 0;
+    m_throttle_timer.Reset();
+  }
+  else if (sleep_time >= MINIMUM_SLEEP_TIME && sleep_time <= m_throttle_period)
+  {
+#ifdef WIN32
+    Sleep(static_cast<u32>(sleep_time / 1000000));
+#else
+    const struct timespec ts = {0, static_cast<long>(sleep_time)};
+    nanosleep(&ts, nullptr);
+#endif
+  }
+
+  m_last_throttle_time += m_throttle_period;
+}
+
+void System::UpdatePerformanceCounters()
+{
+  const float frame_time = static_cast<float>(m_frame_timer.GetTimeMilliseconds());
+  m_average_frame_time_accumulator += frame_time;
+  m_worst_frame_time_accumulator = std::max(m_worst_frame_time_accumulator, frame_time);
+
+  // update fps counter
+  const float time = static_cast<float>(m_fps_timer.GetTimeSeconds());
+  if (time < 1.0f)
+    return;
+
+  const float frames_presented = static_cast<float>(m_frame_number - m_last_frame_number);
+
+  m_worst_frame_time = m_worst_frame_time_accumulator;
+  m_worst_frame_time_accumulator = 0.0f;
+  m_average_frame_time = m_average_frame_time_accumulator / frames_presented;
+  m_average_frame_time_accumulator = 0.0f;
+  m_vps = static_cast<float>(frames_presented / time);
+  m_last_frame_number = m_frame_number;
+  m_fps = static_cast<float>(m_internal_frame_number - m_last_internal_frame_number) / time;
+  m_last_internal_frame_number = m_internal_frame_number;
+  m_speed = static_cast<float>(static_cast<double>(m_global_tick_counter - m_last_global_tick_counter) /
+                               (static_cast<double>(MASTER_CLOCK) * time)) *
+            100.0f;
+  m_last_global_tick_counter = m_global_tick_counter;
+  m_fps_timer.Reset();
+
+  m_host_interface->OnSystemPerformanceCountersUpdated();
+}
+
+void System::ResetPerformanceCounters()
+{
+  m_last_frame_number = m_frame_number;
+  m_last_internal_frame_number = m_internal_frame_number;
+  m_last_global_tick_counter = m_global_tick_counter;
+  m_average_frame_time_accumulator = 0.0f;
+  m_worst_frame_time_accumulator = 0.0f;
+  m_fps_timer.Reset();
+  m_throttle_timer.Reset();
+  m_last_throttle_time = 0;
 }
 
 bool System::LoadEXE(const char* filename, std::vector<u8>& bios_image)
diff --git a/src/core/system.h b/src/core/system.h
index 9e3f05e91..bde11d87b 100644
--- a/src/core/system.h
+++ b/src/core/system.h
@@ -1,4 +1,5 @@
 #pragma once
+#include "common/timer.h"
 #include "host_interface.h"
 #include "timing_event.h"
 #include "types.h"
@@ -68,6 +69,12 @@ public:
   const std::string& GetRunningCode() const { return m_running_game_code; }
   const std::string& GetRunningTitle() const { return m_running_game_title; }
 
+  float GetFPS() const { return m_fps; }
+  float GetVPS() const { return m_vps; }
+  float GetEmulationSpeed() const { return m_speed; }
+  float GetAverageFrameTime() const { return m_average_frame_time; }
+  float GetWorstFrameTime() const { return m_worst_frame_time; }
+
   bool Boot(const char* filename);
   void Reset();
 
@@ -85,6 +92,15 @@ public:
 
   void RunFrame();
 
+  /// Adjusts the throttle frequency, i.e. how many times we should sleep per second.
+  void SetThrottleFrequency(double frequency) { m_throttle_period = static_cast<s64>(1000000000.0 / frequency); }
+
+  /// Throttles the system, i.e. sleeps until it's time to execute the next frame.
+  void Throttle();
+
+  void UpdatePerformanceCounters();
+  void ResetPerformanceCounters();
+
   bool LoadEXE(const char* filename, std::vector<u8>& bios_image);
   bool SetExpansionROM(const char* filename);
 
@@ -104,8 +120,6 @@ public:
   std::unique_ptr<TimingEvent> CreateTimingEvent(std::string name, TickCount period, TickCount interval,
                                                  TimingEventCallback callback, bool activate);
 
-  bool RUNNING_EVENTS() const { return m_running_events; }
-
 private:
   System(HostInterface* host_interface);
 
@@ -171,4 +185,23 @@ private:
   std::string m_running_game_path;
   std::string m_running_game_code;
   std::string m_running_game_title;
+
+  u64 m_last_throttle_time = 0;
+  s64 m_throttle_period = INT64_C(1000000000) / 60;
+  Common::Timer m_throttle_timer;
+  Common::Timer m_speed_lost_time_timestamp;
+
+  float m_average_frame_time_accumulator = 0.0f;
+  float m_worst_frame_time_accumulator = 0.0f;
+
+  float m_vps = 0.0f;
+  float m_fps = 0.0f;
+  float m_speed = 0.0f;
+  float m_worst_frame_time = 0.0f;
+  float m_average_frame_time = 0.0f;
+  u32 m_last_frame_number = 0;
+  u32 m_last_internal_frame_number = 0;
+  u32 m_last_global_tick_counter = 0;
+  Common::Timer m_fps_timer;
+  Common::Timer m_frame_timer;
 };
diff --git a/src/duckstation-qt/mainwindow.cpp b/src/duckstation-qt/mainwindow.cpp
index c7c001603..a54f33940 100644
--- a/src/duckstation-qt/mainwindow.cpp
+++ b/src/duckstation-qt/mainwindow.cpp
@@ -124,8 +124,8 @@ void MainWindow::recreateDisplayWidget(bool create_device_context)
   updateDebugMenuGPURenderer();
 }
 
-void MainWindow::onPerformanceCountersUpdated(float speed, float fps, float vps, float average_frame_time,
-                                              float worst_frame_time)
+void MainWindow::onSystemPerformanceCountersUpdated(float speed, float fps, float vps, float average_frame_time,
+                                                    float worst_frame_time)
 {
   m_status_speed_widget->setText(QStringLiteral("%1%").arg(speed, 0, 'f', 0));
   m_status_fps_widget->setText(
@@ -345,8 +345,8 @@ void MainWindow::connectSignals()
   connect(m_host_interface, &QtHostInterface::toggleFullscreenRequested, this, &MainWindow::toggleFullscreen);
   connect(m_host_interface, &QtHostInterface::recreateDisplayWidgetRequested, this, &MainWindow::recreateDisplayWidget,
           Qt::BlockingQueuedConnection);
-  connect(m_host_interface, &QtHostInterface::performanceCountersUpdated, this,
-          &MainWindow::onPerformanceCountersUpdated);
+  connect(m_host_interface, &QtHostInterface::systemPerformanceCountersUpdated, this,
+          &MainWindow::onSystemPerformanceCountersUpdated);
   connect(m_host_interface, &QtHostInterface::runningGameChanged, this, &MainWindow::onRunningGameChanged);
 
   connect(m_game_list_widget, &GameListWidget::bootEntryRequested, [this](const GameListEntry* entry) {
diff --git a/src/duckstation-qt/mainwindow.h b/src/duckstation-qt/mainwindow.h
index 8a88f458e..758b78cb3 100644
--- a/src/duckstation-qt/mainwindow.h
+++ b/src/duckstation-qt/mainwindow.h
@@ -29,8 +29,8 @@ private Q_SLOTS:
   void onEmulationPaused(bool paused);
   void toggleFullscreen();
   void recreateDisplayWidget(bool create_device_context);
-  void onPerformanceCountersUpdated(float speed, float fps, float vps, float average_frame_time,
-                                    float worst_frame_time);
+  void onSystemPerformanceCountersUpdated(float speed, float fps, float vps, float average_frame_time,
+                                          float worst_frame_time);
   void onRunningGameChanged(QString filename, QString game_code, QString game_title);
 
   void onStartDiscActionTriggered();
diff --git a/src/duckstation-qt/qthostinterface.cpp b/src/duckstation-qt/qthostinterface.cpp
index 9ac28ecfc..69811c1ff 100644
--- a/src/duckstation-qt/qthostinterface.cpp
+++ b/src/duckstation-qt/qthostinterface.cpp
@@ -52,9 +52,7 @@ void QtHostInterface::ReportMessage(const char* message)
 
 void QtHostInterface::setDefaultSettings()
 {
-  HostInterface::UpdateSettings([this]() {
-    HostInterface::SetDefaultSettings();
-  });
+  HostInterface::UpdateSettings([this]() { HostInterface::SetDefaultSettings(); });
 
   // default input settings for Qt
   std::lock_guard<std::mutex> guard(m_qsettings_mutex);
@@ -263,16 +261,18 @@ void QtHostInterface::SwitchGPURenderer()
       m_audio_stream->PauseOutput(false);
       UpdateSpeedLimiterState();
     }
-  }
 
-  ResetPerformanceCounters();
+    m_system->ResetPerformanceCounters();
+  }
 }
 
-void QtHostInterface::OnPerformanceCountersUpdated()
+void QtHostInterface::OnSystemPerformanceCountersUpdated()
 {
-  HostInterface::OnPerformanceCountersUpdated();
+  HostInterface::OnSystemPerformanceCountersUpdated();
 
-  emit performanceCountersUpdated(m_speed, m_fps, m_vps, m_average_frame_time, m_worst_frame_time);
+  DebugAssert(m_system);
+  emit systemPerformanceCountersUpdated(m_system->GetEmulationSpeed(), m_system->GetFPS(), m_system->GetVPS(),
+                                        m_system->GetAverageFrameTime(), m_system->GetWorstFrameTime());
 }
 
 void QtHostInterface::OnRunningGameChanged()
@@ -592,7 +592,7 @@ void QtHostInterface::threadEntryPoint()
 
     // execute the system, polling events inbetween frames
     // simulate the system if not paused
-    RunFrame();
+    m_system->RunFrame();
 
     // rendering
     {
@@ -611,7 +611,7 @@ void QtHostInterface::threadEntryPoint()
         m_system->GetGPU()->RestoreGraphicsAPIState();
 
         if (m_speed_limiter_enabled)
-          Throttle();
+          m_system->Throttle();
       }
     }
 
diff --git a/src/duckstation-qt/qthostinterface.h b/src/duckstation-qt/qthostinterface.h
index b8bdb86ca..337d42776 100644
--- a/src/duckstation-qt/qthostinterface.h
+++ b/src/duckstation-qt/qthostinterface.h
@@ -71,7 +71,8 @@ Q_SIGNALS:
   void gameListRefreshed();
   void toggleFullscreenRequested();
   void recreateDisplayWidgetRequested(bool create_device_context);
-  void performanceCountersUpdated(float speed, float fps, float vps, float avg_frame_time, float worst_frame_time);
+  void systemPerformanceCountersUpdated(float speed, float fps, float vps, float avg_frame_time,
+                                        float worst_frame_time);
   void runningGameChanged(QString filename, QString game_code, QString game_title);
 
 public Q_SLOTS:
@@ -90,7 +91,7 @@ private Q_SLOTS:
 
 protected:
   void SwitchGPURenderer() override;
-  void OnPerformanceCountersUpdated() override;
+  void OnSystemPerformanceCountersUpdated() override;
   void OnRunningGameChanged() override;
 
 private:
diff --git a/src/duckstation-sdl/sdl_host_interface.cpp b/src/duckstation-sdl/sdl_host_interface.cpp
index 3b2b027a6..37258bea3 100644
--- a/src/duckstation-sdl/sdl_host_interface.cpp
+++ b/src/duckstation-sdl/sdl_host_interface.cpp
@@ -200,7 +200,8 @@ void SDLHostInterface::SwitchGPURenderer()
   }
 
   UpdateFullscreen();
-  ResetPerformanceCounters();
+  if (m_system)
+    m_system->ResetPerformanceCounters();
   ClearImGuiFocus();
 }
 
@@ -886,19 +887,20 @@ void SDLHostInterface::DrawMainMenuBar()
     {
       ImGui::SetCursorPosX(ImGui::GetIO().DisplaySize.x - 210.0f);
 
-      const u32 rounded_speed = static_cast<u32>(std::round(m_speed));
-      if (m_speed < 90.0f)
+      const float speed = m_system->GetEmulationSpeed();
+      const u32 rounded_speed = static_cast<u32>(std::round(speed));
+      if (speed < 90.0f)
         ImGui::TextColored(ImVec4(1.0f, 0.4f, 0.4f, 1.0f), "%u%%", rounded_speed);
-      else if (m_speed < 110.0f)
+      else if (speed < 110.0f)
         ImGui::TextColored(ImVec4(1.0f, 1.0f, 1.0f, 1.0f), "%u%%", rounded_speed);
       else
         ImGui::TextColored(ImVec4(0.4f, 1.0f, 0.4f, 1.0f), "%u%%", rounded_speed);
 
       ImGui::SetCursorPosX(ImGui::GetIO().DisplaySize.x - 165.0f);
-      ImGui::Text("FPS: %.2f", m_fps);
+      ImGui::Text("FPS: %.2f", m_system->GetFPS());
 
       ImGui::SetCursorPosX(ImGui::GetIO().DisplaySize.x - 80.0f);
-      ImGui::Text("VPS: %.2f", m_vps);
+      ImGui::Text("VPS: %.2f", m_system->GetVPS());
     }
     else
     {
@@ -1458,7 +1460,8 @@ void SDLHostInterface::DoResume()
   }
 
   UpdateControllerMapping();
-  ResetPerformanceCounters();
+  if (m_system)
+    m_system->ResetPerformanceCounters();
   ClearImGuiFocus();
 }
 
@@ -1478,7 +1481,8 @@ void SDLHostInterface::DoStartDisc()
   }
 
   UpdateControllerMapping();
-  ResetPerformanceCounters();
+  if (m_system)
+    m_system->ResetPerformanceCounters();
   ClearImGuiFocus();
 }
 
@@ -1494,7 +1498,8 @@ void SDLHostInterface::DoStartBIOS()
   }
 
   UpdateControllerMapping();
-  ResetPerformanceCounters();
+  if (m_system)
+    m_system->ResetPerformanceCounters();
   ClearImGuiFocus();
 }
 
@@ -1511,7 +1516,8 @@ void SDLHostInterface::DoChangeDisc()
   else
     AddOSDMessage("Failed to switch CD. The log may contain further information.");
 
-  ResetPerformanceCounters();
+  if (m_system)
+    m_system->ResetPerformanceCounters();
   ClearImGuiFocus();
 }
 
@@ -1531,7 +1537,8 @@ void SDLHostInterface::DoLoadState(u32 index)
   }
 
   UpdateControllerMapping();
-  ResetPerformanceCounters();
+  if (m_system)
+    m_system->ResetPerformanceCounters();
   ClearImGuiFocus();
 }
 
@@ -1549,7 +1556,7 @@ void SDLHostInterface::DoTogglePause()
 
   m_paused = !m_paused;
   if (!m_paused)
-    m_fps_timer.Reset();
+    m_system->ResetPerformanceCounters();
 }
 
 void SDLHostInterface::DoFrameStep()
@@ -1584,7 +1591,7 @@ void SDLHostInterface::Run()
 
     if (m_system && !m_paused)
     {
-      RunFrame();
+      m_system->RunFrame();
       if (m_frame_step_request)
       {
         m_frame_step_request = false;
@@ -1611,7 +1618,7 @@ void SDLHostInterface::Run()
         m_system->GetGPU()->RestoreGraphicsAPIState();
 
         if (m_speed_limiter_enabled)
-          Throttle();
+          m_system->Throttle();
       }
     }
   }