diff --git a/compiler/cli/cli-common/src/org/jetbrains/kotlin/cli/common/arguments/K2JVMCompilerArguments.kt b/compiler/cli/cli-common/src/org/jetbrains/kotlin/cli/common/arguments/K2JVMCompilerArguments.kt
index 84368502365..0927fb9f5ac 100644
--- a/compiler/cli/cli-common/src/org/jetbrains/kotlin/cli/common/arguments/K2JVMCompilerArguments.kt
+++ b/compiler/cli/cli-common/src/org/jetbrains/kotlin/cli/common/arguments/K2JVMCompilerArguments.kt
@@ -446,7 +446,7 @@ Also sets `-jvm-target` value equal to the selected JDK version"""
         description = "Debug option: Run compiler with async profiler and save snapshots to `outputDir`; `command` is passed to async-profiler on start.\n" +
                 "`profilerPath` is a path to libasyncProfiler.so; async-profiler.jar should be on the compiler classpath.\n" +
                 "If it's not on the classpath, the compiler will attempt to load async-profiler.jar from the containing directory of profilerPath.\n" +
-                "Example: -Xprofile=<PATH_TO_ASYNC_PROFILER>/async-profiler/build/libasyncProfiler.so:event=cpu,interval=1ms,threads,start,framebuf=50000000:<SNAPSHOT_DIR_PATH>"
+                "Example: -Xprofile=<PATH_TO_ASYNC_PROFILER>/async-profiler/build/libasyncProfiler.so:event=cpu,interval=1ms,threads,start:<SNAPSHOT_DIR_PATH>"
     )
     var profileCompilerCommand: String? by NullableStringFreezableVar(null)
 
diff --git a/compiler/cli/src/org/jetbrains/kotlin/cli/common/profiling/ProfilingCompilerPerformanceManager.kt b/compiler/cli/src/org/jetbrains/kotlin/cli/common/profiling/ProfilingCompilerPerformanceManager.kt
index cf93d8a549d..29b32205cab 100644
--- a/compiler/cli/src/org/jetbrains/kotlin/cli/common/profiling/ProfilingCompilerPerformanceManager.kt
+++ b/compiler/cli/src/org/jetbrains/kotlin/cli/common/profiling/ProfilingCompilerPerformanceManager.kt
@@ -7,6 +7,7 @@ package org.jetbrains.kotlin.cli.common.profiling
 
 import org.jetbrains.kotlin.cli.common.CommonCompilerPerformanceManager
 import java.io.File
+import java.io.FileOutputStream
 import java.text.SimpleDateFormat
 import java.util.*
 
@@ -43,7 +44,12 @@ class ProfilingCompilerPerformanceManager(
     private fun dumpProfile(postfix: String) {
         outputDir.mkdirs()
         val outputFile = outputDir.resolve("snapshot-${formatter.format(runDate)}-$postfix.collapsed")
-        outputFile.writeText(profiler.execute("collapsed"))
+        val profile = profiler.execute("collapsed")
+        FileOutputStream(outputFile).use { out ->
+            for (chunk in profile.chunkedSequence(1 shl 20)) {
+                out.write(chunk.toByteArray(Charsets.UTF_8))
+            }
+        }
         active = false
     }
 
@@ -63,4 +69,4 @@ class ProfilingCompilerPerformanceManager(
             return ProfilingCompilerPerformanceManager(path, command, File(outputDir))
         }
     }
-}
\ No newline at end of file
+}
diff --git a/compiler/testData/cli/jvm/extraHelp.out b/compiler/testData/cli/jvm/extraHelp.out
index 7ef113e9e23..ccf32fe6569 100644
--- a/compiler/testData/cli/jvm/extraHelp.out
+++ b/compiler/testData/cli/jvm/extraHelp.out
@@ -106,7 +106,7 @@ where advanced options include:
                              Debug option: Run compiler with async profiler and save snapshots to `outputDir`; `command` is passed to async-profiler on start.
                              `profilerPath` is a path to libasyncProfiler.so; async-profiler.jar should be on the compiler classpath.
                              If it's not on the classpath, the compiler will attempt to load async-profiler.jar from the containing directory of profilerPath.
-                             Example: -Xprofile=<PATH_TO_ASYNC_PROFILER>/async-profiler/build/libasyncProfiler.so:event=cpu,interval=1ms,threads,start,framebuf=50000000:<SNAPSHOT_DIR_PATH>
+                             Example: -Xprofile=<PATH_TO_ASYNC_PROFILER>/async-profiler/build/libasyncProfiler.so:event=cpu,interval=1ms,threads,start:<SNAPSHOT_DIR_PATH>
   -Xrepeat=<number>          Debug option: Repeats modules compilation <number> times
   -Xsam-conversions={class|indy} Select code generation scheme for SAM conversions.
                              -Xsam-conversions=indy              Generate SAM conversions using `invokedynamic` with `LambdaMetafactory.metafactory`. Requires `-jvm-target 1.8` or greater.