diff --git a/drivers/iio/dac/mcp4725.c b/drivers/iio/dac/mcp4725.c
index 5b2dfa0a0d2c..1e9d8f387e00 100644
--- a/drivers/iio/dac/mcp4725.c
+++ b/drivers/iio/dac/mcp4725.c
@@ -27,12 +27,20 @@
 
 #define MCP4725_DRV_NAME "mcp4725"
 
+#define MCP472X_REF_VDD			0x00
+#define MCP472X_REF_VREF_UNBUFFERED	0x02
+#define MCP472X_REF_VREF_BUFFERED	0x03
+
 struct mcp4725_data {
 	struct i2c_client *client;
+	int id;
+	unsigned ref_mode;
+	bool vref_buffered;
 	u16 dac_value;
 	bool powerdown;
 	unsigned powerdown_mode;
 	struct regulator *vdd_reg;
+	struct regulator *vref_reg;
 };
 
 static int mcp4725_suspend(struct device *dev)
@@ -87,6 +95,7 @@ static ssize_t mcp4725_store_eeprom(struct device *dev,
 		return 0;
 
 	inoutbuf[0] = 0x60; /* write EEPROM */
+	inoutbuf[0] |= data->ref_mode << 3;
 	inoutbuf[1] = data->dac_value >> 4;
 	inoutbuf[2] = (data->dac_value & 0xf) << 4;
 
@@ -279,6 +288,28 @@ static int mcp4725_set_value(struct iio_dev *indio_dev, int val)
 		return 0;
 }
 
+static int mcp4726_set_cfg(struct iio_dev *indio_dev)
+{
+	struct mcp4725_data *data = iio_priv(indio_dev);
+	u8 outbuf[3];
+	int ret;
+
+	outbuf[0] = 0x40;
+	outbuf[0] |= data->ref_mode << 3;
+	if (data->powerdown)
+		outbuf[0] |= data->powerdown << 1;
+	outbuf[1] = data->dac_value >> 4;
+	outbuf[2] = (data->dac_value & 0xf) << 4;
+
+	ret = i2c_master_send(data->client, outbuf, 3);
+	if (ret < 0)
+		return ret;
+	else if (ret != 3)
+		return -EIO;
+	else
+		return 0;
+}
+
 static int mcp4725_read_raw(struct iio_dev *indio_dev,
 			   struct iio_chan_spec const *chan,
 			   int *val, int *val2, long mask)
@@ -291,7 +322,11 @@ static int mcp4725_read_raw(struct iio_dev *indio_dev,
 		*val = data->dac_value;
 		return IIO_VAL_INT;
 	case IIO_CHAN_INFO_SCALE:
-		ret = regulator_get_voltage(data->vdd_reg);
+		if (data->ref_mode == MCP472X_REF_VDD)
+			ret = regulator_get_voltage(data->vdd_reg);
+		else
+			ret = regulator_get_voltage(data->vref_reg);
+
 		if (ret < 0)
 			return ret;
 
@@ -335,8 +370,9 @@ static int mcp4725_probe(struct i2c_client *client,
 	struct mcp4725_data *data;
 	struct iio_dev *indio_dev;
 	struct mcp4725_platform_data *pdata = dev_get_platdata(&client->dev);
-	u8 inbuf[3];
+	u8 inbuf[4];
 	u8 pd;
+	u8 ref;
 	int err;
 
 	if (!pdata) {
@@ -350,6 +386,26 @@ static int mcp4725_probe(struct i2c_client *client,
 	data = iio_priv(indio_dev);
 	i2c_set_clientdata(client, indio_dev);
 	data->client = client;
+	data->id = id->driver_data;
+
+	if (data->id == MCP4725 && pdata->use_vref) {
+		dev_err(&client->dev,
+			"external reference is unavailable on MCP4725");
+		return -EINVAL;
+	}
+
+	if (!pdata->use_vref && pdata->vref_buffered) {
+		dev_err(&client->dev,
+			"buffering is unavailable on the internal reference");
+		return -EINVAL;
+	}
+
+	if (!pdata->use_vref)
+		data->ref_mode = MCP472X_REF_VDD;
+	else
+		data->ref_mode = pdata->vref_buffered ?
+			MCP472X_REF_VREF_BUFFERED :
+			MCP472X_REF_VREF_UNBUFFERED;
 
 	data->vdd_reg = devm_regulator_get(&client->dev, "vdd");
 	if (IS_ERR(data->vdd_reg))
@@ -359,6 +415,18 @@ static int mcp4725_probe(struct i2c_client *client,
 	if (err)
 		return err;
 
+	if (pdata->use_vref) {
+		data->vref_reg = devm_regulator_get(&client->dev, "vref");
+		if (IS_ERR(data->vref_reg)) {
+			err = PTR_ERR(data->vdd_reg);
+			goto err_disable_vdd_reg;
+		}
+
+		err = regulator_enable(data->vref_reg);
+		if (err)
+			goto err_disable_vdd_reg;
+	}
+
 	indio_dev->dev.parent = &client->dev;
 	indio_dev->name = id->name;
 	indio_dev->info = &mcp4725_info;
@@ -366,23 +434,38 @@ static int mcp4725_probe(struct i2c_client *client,
 	indio_dev->num_channels = 1;
 	indio_dev->modes = INDIO_DIRECT_MODE;
 
-	/* read current DAC value */
-	err = i2c_master_recv(client, inbuf, 3);
+	/* read current DAC value and settings */
+	err = i2c_master_recv(client, inbuf, data->id == MCP4725 ? 3 : 4);
+
 	if (err < 0) {
 		dev_err(&client->dev, "failed to read DAC value");
-		goto err_disable_vdd_reg;
+		goto err_disable_vref_reg;
 	}
 	pd = (inbuf[0] >> 1) & 0x3;
 	data->powerdown = pd > 0 ? true : false;
 	data->powerdown_mode = pd ? pd - 1 : 2; /* largest resistor to gnd */
 	data->dac_value = (inbuf[1] << 4) | (inbuf[2] >> 4);
+	if (data->id == MCP4726)
+		ref = (inbuf[3] >> 3) & 0x3;
 
+	if (data->id == MCP4726 && ref != data->ref_mode) {
+		dev_info(&client->dev,
+			"voltage reference mode differs (conf: %u, eeprom: %u), setting %u",
+			data->ref_mode, ref, data->ref_mode);
+		err = mcp4726_set_cfg(indio_dev);
+		if (err < 0)
+			goto err_disable_vref_reg;
+	}
+ 
 	err = iio_device_register(indio_dev);
 	if (err)
-		goto err_disable_vdd_reg;
+		goto err_disable_vref_reg;
 
 	return 0;
 
+err_disable_vref_reg:
+	if (data->vref_reg)
+		regulator_disable(data->vref_reg);
 
 err_disable_vdd_reg:
 	regulator_disable(data->vdd_reg);
@@ -397,6 +480,8 @@ static int mcp4725_remove(struct i2c_client *client)
 
 	iio_device_unregister(indio_dev);
 
+	if (data->vref_reg)
+		regulator_disable(data->vref_reg);
 	regulator_disable(data->vdd_reg);
 
 	return 0;
diff --git a/include/linux/iio/dac/mcp4725.h b/include/linux/iio/dac/mcp4725.h
index 7c062e8d2a48..628b2cf54c50 100644
--- a/include/linux/iio/dac/mcp4725.h
+++ b/include/linux/iio/dac/mcp4725.h
@@ -9,7 +9,18 @@
 #ifndef IIO_DAC_MCP4725_H_
 #define IIO_DAC_MCP4725_H_
 
+/**
+ * struct mcp4725_platform_data - MCP4725/6 DAC specific data.
+ * @use_vref: Whether an external reference voltage on Vref pin should be used.
+ *            Additional vref-supply must be specified when used.
+ * @vref_buffered: Controls buffering of the external reference voltage.
+ *
+ * Vref related settings are available only on MCP4756. See
+ * Documentation/devicetree/bindings/iio/dac/mcp4725.txt for more information.
+ */
 struct mcp4725_platform_data {
+	bool use_vref;
+	bool vref_buffered;
 };
 
 #endif /* IIO_DAC_MCP4725_H_ */