diff --git a/netbox/templates/virtualization/virtualmachinetype/attrs/default_memory.html b/netbox/templates/virtualization/virtualmachinetype/attrs/default_memory.html
new file mode 100644
index 000000000..62786d620
--- /dev/null
+++ b/netbox/templates/virtualization/virtualmachinetype/attrs/default_memory.html
@@ -0,0 +1,2 @@
+{% load helpers %}
+{{ value|humanize_ram_capacity }}
diff --git a/netbox/virtualization/forms/bulk_edit.py b/netbox/virtualization/forms/bulk_edit.py
index 6f0feaf0e..f5f2e6e4a 100644
--- a/netbox/virtualization/forms/bulk_edit.py
+++ b/netbox/virtualization/forms/bulk_edit.py
@@ -91,7 +91,7 @@ class VirtualMachineTypeBulkEditForm(PrimaryModelBulkEditForm):
         required=False,
     )
     default_memory = forms.IntegerField(
-        label=_('Default Memory (MB)'),
+        label=_('Default memory'),
         required=False,
     )
 
@@ -104,6 +104,14 @@ class VirtualMachineTypeBulkEditForm(PrimaryModelBulkEditForm):
         'default_platform', 'default_vcpus', 'default_memory', 'description', 'comments',
     )
 
+    def __init__(self, *args, **kwargs):
+        super().__init__(*args, **kwargs)
+
+        # Set unit label based on configured RAM_BASE_UNIT (MB vs MiB)
+        self.fields['default_memory'].label = _('Default memory ({unit})').format(
+            unit=get_capacity_unit_label(settings.RAM_BASE_UNIT)
+        )
+
 
 class VirtualMachineBulkEditForm(PrimaryModelBulkEditForm):
     virtual_machine_type = DynamicModelChoiceField(
diff --git a/netbox/virtualization/forms/filtersets.py b/netbox/virtualization/forms/filtersets.py
index 9cabb8321..b1958c699 100644
--- a/netbox/virtualization/forms/filtersets.py
+++ b/netbox/virtualization/forms/filtersets.py
@@ -128,7 +128,7 @@ class VirtualMachineTypeFilterForm(PrimaryModelFilterSetForm):
         required=False,
     )
     default_memory = forms.IntegerField(
-        label=_('Default memory (MB)'),
+        label=_('Default memory'),
         required=False,
         min_value=0,
     )
@@ -140,6 +140,14 @@ class VirtualMachineTypeFilterForm(PrimaryModelFilterSetForm):
 
     tag = TagFilterField(model)
 
+    def __init__(self, *args, **kwargs):
+        super().__init__(*args, **kwargs)
+
+        # Set unit label based on configured RAM_BASE_UNIT (MB vs MiB)
+        self.fields['default_memory'].label = _('Default memory ({unit})').format(
+            unit=get_capacity_unit_label(settings.RAM_BASE_UNIT)
+        )
+
 
 class VirtualMachineFilterForm(
     LocalConfigContextFilterForm,
diff --git a/netbox/virtualization/forms/model_forms.py b/netbox/virtualization/forms/model_forms.py
index 3be14d396..aacf93d7d 100644
--- a/netbox/virtualization/forms/model_forms.py
+++ b/netbox/virtualization/forms/model_forms.py
@@ -192,6 +192,14 @@ class VirtualMachineTypeForm(PrimaryModelForm):
             'owner', 'comments', 'tags',
         )
 
+    def __init__(self, *args, **kwargs):
+        super().__init__(*args, **kwargs)
+
+        # Set unit label based on configured RAM_BASE_UNIT (MB vs MiB)
+        self.fields['default_memory'].label = _('Default memory ({unit})').format(
+            unit=get_capacity_unit_label(settings.RAM_BASE_UNIT)
+        )
+
 
 class VirtualMachineForm(TenancyForm, PrimaryModelForm):
     virtual_machine_type = forms.ModelChoiceField(
diff --git a/netbox/virtualization/models/virtualmachines.py b/netbox/virtualization/models/virtualmachines.py
index 5d6b59f83..16a32df96 100644
--- a/netbox/virtualization/models/virtualmachines.py
+++ b/netbox/virtualization/models/virtualmachines.py
@@ -62,7 +62,7 @@ class VirtualMachineType(ImageAttachmentsMixin, PrimaryModel):
         validators=(MinValueValidator(decimal.Decimal('0.01')),),
     )
     default_memory = models.PositiveIntegerField(
-        verbose_name=_('default memory (MB)'),
+        verbose_name=_('default memory'),
         blank=True,
         null=True,
     )
diff --git a/netbox/virtualization/tables/virtualmachines.py b/netbox/virtualization/tables/virtualmachines.py
index 8c01e3e85..8058a96e9 100644
--- a/netbox/virtualization/tables/virtualmachines.py
+++ b/netbox/virtualization/tables/virtualmachines.py
@@ -49,6 +49,10 @@ class VirtualMachineTypeTable(PrimaryModelTable):
             'pk', 'name', 'default_platform', 'default_vcpus', 'default_memory', 'virtual_machine_count', 'description',
         )
 
+    def render_default_memory(self, value):
+        return humanize_ram_capacity(value)
+
+
 #
 # Virtual machines
 #
diff --git a/netbox/virtualization/ui/panels.py b/netbox/virtualization/ui/panels.py
index 4132f0544..6ac0aa859 100644
--- a/netbox/virtualization/ui/panels.py
+++ b/netbox/virtualization/ui/panels.py
@@ -26,7 +26,11 @@ class VirtualMachineTypePanel(panels.ObjectAttributesPanel):
     name = attrs.TextAttr('name')
     default_platform = attrs.RelatedObjectAttr('default_platform', linkify=True)
     default_vcpus = attrs.TextAttr('default_vcpus', label=_('Default vCPUs'))
-    default_memory = attrs.TextAttr('default_memory', format_string=_('{0} MB'), label=_('Default memory'))
+    default_memory = attrs.TemplatedAttr(
+        'default_memory',
+        template_name='virtualization/virtualmachinetype/attrs/default_memory.html',
+        label=_('Default memory')
+    )
     description = attrs.TextAttr('description')