diff --git a/tools/packaging/qemu/patches/7.2.x/no_patches.txt b/tools/packaging/qemu/patches/7.2.x/no_patches.txt
new file mode 100644
index 0000000000..e69de29bb2
diff --git a/tools/packaging/qemu/patches/tag_patches/v7.2.0/no_patches.txt b/tools/packaging/qemu/patches/tag_patches/v7.2.0/no_patches.txt
new file mode 100644
index 0000000000..e69de29bb2
diff --git a/tools/packaging/scripts/configure-hypervisor.sh b/tools/packaging/scripts/configure-hypervisor.sh
index 04a48c72d5..61e479237c 100755
--- a/tools/packaging/scripts/configure-hypervisor.sh
+++ b/tools/packaging/scripts/configure-hypervisor.sh
@@ -242,7 +242,9 @@ generate_qemu_options() {
 	# Disable graphical network access
 	qemu_options+=(size:--disable-vnc)
 	qemu_options+=(size:--disable-vnc-jpeg)
-	qemu_options+=(size:--disable-vnc-png)
+	if ! gt_eq "${qemu_version}" "7.2.0" ; then
+		qemu_options+=(size:--disable-vnc-png)
+	fi
 	qemu_options+=(size:--disable-vnc-sasl)
 
 	# Disable PAM authentication: it's a feature used together with VNC access
@@ -330,13 +332,16 @@ generate_qemu_options() {
 	# building QEMU.
 	case "$arch" in
 	aarch64)
+		qemu_options+=(functionality:--disable-virtiofsd)
 		;;
 	x86_64)
+		qemu_options+=(functionality:--disable-virtiofsd)
 		;;
 	ppc64le)
 		qemu_options+=(functionality:--enable-virtiofsd)
 		;;
 	s390x)
+		qemu_options+=(functionality:--disable-virtiofsd)
 		;;
 	esac
 
@@ -353,8 +358,10 @@ generate_qemu_options() {
 	qemu_options+=(size:--disable-vde)
 
 	# Don't build other options which can't be depent on build server.
-	qemu_options+=(size:--disable-xfsctl)
-	qemu_options+=(size:--disable-libxml2)
+	if ! gt_eq "${qemu_version}" "7.2.0" ; then
+		qemu_options+=(size:--disable-xfsctl)
+		qemu_options+=(size:--disable-libxml2)
+	fi
 	qemu_options+=(size:--disable-nettle)
 
 	# Disable XEN driver
diff --git a/versions.yaml b/versions.yaml
index 900aed35dd..8b6b53c908 100644
--- a/versions.yaml
+++ b/versions.yaml
@@ -88,8 +88,8 @@ assets:
     qemu:
       description: "VMM that uses KVM"
       url: "https://github.com/qemu/qemu"
-      version: "v6.2.0"
-      tag: "v6.2.0"
+      version: "v7.2.0"
+      tag: "v7.2.0"
       # Do not include any non-full release versions
       # Break the line *without CR or space being appended*, to appease
       # yamllint, and note the deliberate ' ' at the end of the expression.