A system and method for maintaining accurate interrupt timestamps. A semiconductor chip includes an interrupt controller (IC) with an interface to multiple sources of interrupts. In response to receiving an interrupt, the IC copies and records the value stored in a main time base counter used for maintaining a global elapsed time. The IC sends an indication of the interrupt to a corresponding processor. Either an interrupt service routine (ISR) or a device driver requests a timestamp associated with the interrupt. Rather than send a request to the operating system to obtain a current value stored in the main time base counter, the processor requests the recorded timestamp from the IC. The IC identifies the stored timestamp associated with the interrupt and returns it to the processor.