diff --git a/MAINTAINERS b/MAINTAINERS
index 12175425a7..2650063242 100644
--- a/MAINTAINERS
+++ b/MAINTAINERS
@@ -1544,6 +1544,7 @@ TPM
 M: Stefan Berger <stefanb@linux.vnet.ibm.com>
 S: Maintained
 F: tpm.c
+F: stubs/tpm.c
 F: hw/tpm/*
 F: include/hw/acpi/tpm.h
 F: include/sysemu/tpm*
diff --git a/Makefile.objs b/Makefile.objs
index d4f973a8fc..285c6f3c15 100644
--- a/Makefile.objs
+++ b/Makefile.objs
@@ -62,7 +62,7 @@ bt-host.o-cflags := $(BLUEZ_CFLAGS)
 common-obj-y += dma-helpers.o
 common-obj-y += vl.o
 vl.o-cflags := $(GPROF_CFLAGS) $(SDL_CFLAGS)
-common-obj-y += tpm.o
+common-obj-$(CONFIG_TPM) += tpm.o
 
 common-obj-$(CONFIG_SLIRP) += slirp/
 
diff --git a/stubs/Makefile.objs b/stubs/Makefile.objs
index c7594796c3..8cfe34328a 100644
--- a/stubs/Makefile.objs
+++ b/stubs/Makefile.objs
@@ -28,6 +28,7 @@ stub-obj-y += runstate-check.o
 stub-obj-y += set-fd-handler.o
 stub-obj-y += slirp.o
 stub-obj-y += sysbus.o
+stub-obj-y += tpm.o
 stub-obj-y += trace-control.o
 stub-obj-y += uuid.o
 stub-obj-y += vm-stop.o
diff --git a/stubs/tpm.c b/stubs/tpm.c
new file mode 100644
index 0000000000..c18aac1c73
--- /dev/null
+++ b/stubs/tpm.c
@@ -0,0 +1,33 @@
+/*
+ * TPM stubs
+ *
+ * This work is licensed under the terms of the GNU GPL, version 2 or later.
+ * See the COPYING file in the top-level directory.
+ */
+#include "qemu/osdep.h"
+#include "sysemu/tpm.h"
+#include "qmp-commands.h"
+
+int tpm_init(void)
+{
+    return 0;
+}
+
+void tpm_cleanup(void)
+{
+}
+
+TPMInfoList *qmp_query_tpm(Error **errp)
+{
+    return NULL;
+}
+
+TpmTypeList *qmp_query_tpm_types(Error **errp)
+{
+    return NULL;
+}
+
+TpmModelList *qmp_query_tpm_models(Error **errp)
+{
+    return NULL;
+}