diff --git a/drivers/gpu/drm/msm/hdmi/hdmi_phy.c b/drivers/gpu/drm/msm/hdmi/hdmi_phy.c
index 1697e61f9c2f..8a38d4b95102 100644
--- a/drivers/gpu/drm/msm/hdmi/hdmi_phy.c
+++ b/drivers/gpu/drm/msm/hdmi/hdmi_phy.c
@@ -29,8 +29,12 @@ static int msm_hdmi_phy_resource_init(struct hdmi_phy *phy)
 		reg = devm_regulator_get(dev, cfg->reg_names[i]);
 		if (IS_ERR(reg)) {
 			ret = PTR_ERR(reg);
-			DRM_DEV_ERROR(dev, "failed to get phy regulator: %s (%d)\n",
-				cfg->reg_names[i], ret);
+			if (ret != -EPROBE_DEFER) {
+				DRM_DEV_ERROR(dev,
+					      "failed to get phy regulator: %s (%d)\n",
+					      cfg->reg_names[i], ret);
+			}
+
 			return ret;
 		}