diff --git a/Code/Framework/AzCore/AzCore/Debug/Profiler.cpp b/Code/Framework/AzCore/AzCore/Debug/Profiler.cpp
index 4abda46214..3b5033a07f 100644
--- a/Code/Framework/AzCore/AzCore/Debug/Profiler.cpp
+++ b/Code/Framework/AzCore/AzCore/Debug/Profiler.cpp
@@ -10,18 +10,16 @@
 #include <AzCore/Debug/ProfilerBus.h>
 #include <AzCore/Console/IConsole.h>
 #include <AzCore/Console/ILogger.h>
+#include <AzCore/Settings/SettingsRegistry.h>
 
 namespace AZ::Debug
 {
-    AZ_CVAR(AZ::CVarFixedString, bg_profilerCaptureLocation, "@user@/Profiler", nullptr, ConsoleFunctorFlags::Null,
-        "Specify where to save profiler capture data");
-
     AZStd::string GenerateOutputFile(const char* nameHint)
     {
         AZStd::string timeString;
         AZStd::to_string(timeString, AZStd::GetTimeNowSecond());
 
-        AZ::CVarFixedString captureOutput = static_cast<AZ::CVarFixedString>(bg_profilerCaptureLocation);
+        AZ::IO::FixedMaxPathString captureOutput = GetProfilerCaptureLocation();
 
         return AZStd::string::format("%s/capture_%s_%s.json", captureOutput.c_str(), nameHint, timeString.c_str());
     }
@@ -47,4 +45,20 @@ namespace AZ::Debug
         AZ::Debug::ProfilerRequestBus::Broadcast(&AZ::Debug::ProfilerRequestBus::Events::EndCapture);
     }
     AZ_CONSOLEFREEFUNC(ProfilerEndCapture, AZ::ConsoleFunctorFlags::DontReplicate, "End and dump an in-progress continuous capture");
+
+    AZ::IO::FixedMaxPathString GetProfilerCaptureLocation()
+    {
+        AZ::IO::FixedMaxPathString captureOutput;
+        if (AZ::SettingsRegistryInterface* settingsRegistry = AZ::SettingsRegistry::Get(); settingsRegistry)
+        {
+            settingsRegistry->Get(captureOutput, RegistryKey_ProfilerCaptureLocation);
+        }
+
+        if (captureOutput.empty())
+        {
+            captureOutput = ProfilerCaptureLocationFallback;
+        }
+
+        return captureOutput;
+    }
 } // namespace AZ::Debug
diff --git a/Code/Framework/AzCore/AzCore/Debug/ProfilerBus.h b/Code/Framework/AzCore/AzCore/Debug/ProfilerBus.h
index 89c59f01b5..03a89b11f2 100644
--- a/Code/Framework/AzCore/AzCore/Debug/ProfilerBus.h
+++ b/Code/Framework/AzCore/AzCore/Debug/ProfilerBus.h
@@ -10,12 +10,19 @@
 
 #include <AzCore/EBus/EBus.h>
 #include <AzCore/Interface/Interface.h>
+#include <AzCore/IO/Path/Path_fwd.h>
 #include <AzCore/std/string/string.h>
 
 namespace AZ
 {
     namespace Debug
     {
+        //! settings registry entry for specifying where to output profiler captures
+        static constexpr const char* RegistryKey_ProfilerCaptureLocation = "/O3DE/AzCore/Debug/Profiler/CaptureLocation";
+
+        //! fallback value in the event the settings registry isn't ready or doesn't contain the key
+        static constexpr const char* ProfilerCaptureLocationFallback = "@user@/Profiler";
+
         /**
          * ProfilerNotifications provides a profiler event interface that can be used to update listeners on profiler status
          */
@@ -60,5 +67,9 @@ namespace AZ
             virtual bool EndCapture() = 0;
         };
         using ProfilerRequestBus = AZ::EBus<ProfilerRequests>;
+
+        //! helper function for getting the profiler capture location from the settings registry that
+        //! includes fallback handing in the event the registry value can't be determined
+        AZ::IO::FixedMaxPathString GetProfilerCaptureLocation();
     } // namespace Debug
 } // namespace AZ
diff --git a/Gems/Profiler/Code/Source/ImGuiCpuProfiler.cpp b/Gems/Profiler/Code/Source/ImGuiCpuProfiler.cpp
index 88b200c733..fd19460153 100644
--- a/Gems/Profiler/Code/Source/ImGuiCpuProfiler.cpp
+++ b/Gems/Profiler/Code/Source/ImGuiCpuProfiler.cpp
@@ -12,7 +12,6 @@
 
 #include <CpuProfilerImpl.h>
 
-#include <AzCore/Console/IConsole.h>
 #include <AzCore/Debug/ProfilerBus.h>
 #include <AzCore/IO/FileIO.h>
 #include <AzCore/JSON/filereadstream.h>
@@ -25,11 +24,6 @@
 #include <AzCore/std/string/conversions.h>
 #include <AzCore/std/time.h>
 
-namespace AZ::Debug
-{
-    AZ_CVAR_EXTERNED(AZ::CVarFixedString, bg_profilerCaptureLocation);
-}
-
 namespace Profiler
 {
     namespace CpuProfilerImGuiHelper
@@ -226,7 +220,7 @@ namespace Profiler
             // Only update the cached file list when opened so that we aren't making IO calls on every frame.
             m_cachedCapturePaths.clear();
 
-            AZ::CVarFixedString captureOutput = static_cast<AZ::CVarFixedString>(AZ::Debug::bg_profilerCaptureLocation);
+            AZ::IO::FixedMaxPathString captureOutput = AZ::Debug::GetProfilerCaptureLocation();
 
             auto* base = AZ::IO::FileIOBase::GetInstance();
             base->FindFiles(captureOutput.c_str(), "*.json",
@@ -416,7 +410,7 @@ namespace Profiler
         AZStd::string timeString;
         AZStd::to_string(timeString, AZStd::GetTimeNowSecond());
 
-        AZ::CVarFixedString captureOutput = static_cast<AZ::CVarFixedString>(AZ::Debug::bg_profilerCaptureLocation);
+        AZ::IO::FixedMaxPathString captureOutput = AZ::Debug::GetProfilerCaptureLocation();
 
         const AZ::IO::FixedMaxPathString frameDataFilePath =
             AZ::IO::FixedMaxPathString::format("%s/cpu_%s_%s.json", captureOutput.c_str(), nameHint, timeString.c_str());
diff --git a/Registry/profiler.setreg b/Registry/profiler.setreg
new file mode 100644
index 0000000000..a295b007e1
--- /dev/null
+++ b/Registry/profiler.setreg
@@ -0,0 +1,15 @@
+{
+    "O3DE":
+    {
+        "AzCore":
+        {
+            "Debug":
+            {
+                "Profiler":
+                {
+                    "CaptureLocation" : "@user@/Profiler"
+                }
+            }
+        }
+    }
+}
\ No newline at end of file