diff --git a/externals/CMakeLists.txt b/externals/CMakeLists.txt
index e20b5d02..a9fb4cc8 100644
--- a/externals/CMakeLists.txt
+++ b/externals/CMakeLists.txt
@@ -1,3 +1,6 @@
+# Always build externals as static libraries, even when dynarmic is built as shared
+set(BUILD_SHARED_LIBS OFF)
+
 # For libraries that already come with a CMakeLists file,
 # simply add the directory to that file as a subdirectory
 # to have CMake automatically recognize them.