diff --git a/src/plugins/qbsprojectmanager/qbssettings.cpp b/src/plugins/qbsprojectmanager/qbssettings.cpp
index 58c9b96c698..409ebcd88b0 100644
--- a/src/plugins/qbsprojectmanager/qbssettings.cpp
+++ b/src/plugins/qbsprojectmanager/qbssettings.cpp
@@ -13,11 +13,13 @@
 #include <utils/hostosinfo.h>
 #include <utils/pathchooser.h>
 #include <utils/process.h>
+#include <utils/qtcsettings.h>
 
 #include <QCoreApplication>
 #include <QCheckBox>
 #include <QFormLayout>
 #include <QLabel>
+#include <QPushButton>
 
 using namespace Utils;
 
@@ -52,12 +54,17 @@ static bool operator!=(const QbsSettingsData &s1, const QbsSettingsData &s2)
 
 FilePath QbsSettings::qbsExecutableFilePath()
 {
-    const QString fileName = HostOsInfo::withExecutableSuffix("qbs");
     FilePath candidate = instance().m_settings.qbsExecutableFilePath;
-    if (!candidate.exists()) {
-        candidate = FilePath::fromString(QCoreApplication::applicationDirPath())
-                .pathAppended(fileName);
-    }
+    if (!candidate.exists())
+        candidate = defaultQbsExecutableFilePath();
+    return candidate;
+}
+
+FilePath QbsSettings::defaultQbsExecutableFilePath()
+{
+    const QString fileName = HostOsInfo::withExecutableSuffix("qbs");
+    FilePath candidate = FilePath::fromString(QCoreApplication::applicationDirPath())
+                             .pathAppended(fileName);
     if (!candidate.exists())
         candidate = Environment::systemEnvironment().searchInPath(fileName);
     return candidate;
@@ -136,7 +143,8 @@ void QbsSettings::loadSettings()
 void QbsSettings::storeSettings() const
 {
     QSettings * const s = Core::ICore::settings();
-    s->setValue(QBS_EXE_KEY, m_settings.qbsExecutableFilePath.toString());
+    QtcSettings::setValueWithDefault(s, QBS_EXE_KEY, m_settings.qbsExecutableFilePath.toString(),
+                                     defaultQbsExecutableFilePath().toString());
     s->setValue(QBS_DEFAULT_INSTALL_DIR_KEY, m_settings.defaultInstallDirTemplate);
     s->setValue(USE_CREATOR_SETTINGS_KEY, m_settings.useCreatorSettings);
 }
@@ -148,6 +156,7 @@ public:
     {
         m_qbsExePathChooser.setExpectedKind(PathChooser::ExistingCommand);
         m_qbsExePathChooser.setFilePath(QbsSettings::qbsExecutableFilePath());
+        m_resetQbsExeButton.setText(Tr::tr("Reset"));
         m_defaultInstallDirLineEdit.setText(QbsSettings::defaultInstallDirTemplate());
         m_versionLabel.setText(getQbsVersionString());
         //: %1 == "Qt Creator" or "Qt Design Studio"
@@ -157,13 +166,19 @@ public:
 
         const auto layout = new QFormLayout(this);
         layout->addRow(&m_settingsDirCheckBox);
-        layout->addRow(Tr::tr("Path to qbs executable:"), &m_qbsExePathChooser);
+        const auto qbsExeLayout = new QHBoxLayout;
+        qbsExeLayout->addWidget(&m_qbsExePathChooser);
+        qbsExeLayout->addWidget(&m_resetQbsExeButton);
+        layout->addRow(Tr::tr("Path to qbs executable:"), qbsExeLayout);
         layout->addRow(Tr::tr("Default installation directory:"), &m_defaultInstallDirLineEdit);
         layout->addRow(Tr::tr("Qbs version:"), &m_versionLabel);
 
         connect(&m_qbsExePathChooser, &PathChooser::textChanged, [this] {
             m_versionLabel.setText(getQbsVersionString());
         });
+        connect(&m_resetQbsExeButton, &QPushButton::clicked, [this] {
+            m_qbsExePathChooser.setFilePath(QbsSettings::defaultQbsExecutableFilePath());
+        });
     }
 
     void apply() final
@@ -185,6 +200,7 @@ private:
     }
 
     PathChooser m_qbsExePathChooser;
+    QPushButton m_resetQbsExeButton;
     QLabel m_versionLabel;
     QCheckBox m_settingsDirCheckBox;
     FancyLineEdit m_defaultInstallDirLineEdit;
diff --git a/src/plugins/qbsprojectmanager/qbssettings.h b/src/plugins/qbsprojectmanager/qbssettings.h
index a91a9059653..434a9af34f3 100644
--- a/src/plugins/qbsprojectmanager/qbssettings.h
+++ b/src/plugins/qbsprojectmanager/qbssettings.h
@@ -27,6 +27,7 @@ public:
     static QbsSettings &instance();
 
     static Utils::FilePath qbsExecutableFilePath();
+    static Utils::FilePath defaultQbsExecutableFilePath();
     static Utils::FilePath qbsConfigFilePath();
     static bool hasQbsExecutable();
     static QString defaultInstallDirTemplate();