diff --git a/compiler/cli/cli-common/src/org/jetbrains/kotlin/cli/common/arguments/K2JSCompilerArguments.kt b/compiler/cli/cli-common/src/org/jetbrains/kotlin/cli/common/arguments/K2JSCompilerArguments.kt
index 76c345a42e7..5b009b240f7 100644
--- a/compiler/cli/cli-common/src/org/jetbrains/kotlin/cli/common/arguments/K2JSCompilerArguments.kt
+++ b/compiler/cli/cli-common/src/org/jetbrains/kotlin/cli/common/arguments/K2JSCompilerArguments.kt
@@ -336,6 +336,9 @@ class K2JSCompilerArguments : CommonCompilerArguments() {
     @Argument(value = "-Xwasm-enable-asserts", description = "Turn on asserts")
     var wasmEnableAsserts: Boolean by FreezableVar(false)
 
+    @Argument(value = "-Xwasm-generate-wat", description = "Generate wat file")
+    var wasmGenerateWat: Boolean by FreezableVar(false)
+
     @Argument(
         value = "-Xuse-deprecated-legacy-compiler",
         description = "Use deprecated legacy compiler without error"
diff --git a/compiler/cli/cli-js/src/org/jetbrains/kotlin/cli/js/K2JsIrCompiler.kt b/compiler/cli/cli-js/src/org/jetbrains/kotlin/cli/js/K2JsIrCompiler.kt
index 4284418a9d1..e2d9a570877 100644
--- a/compiler/cli/cli-js/src/org/jetbrains/kotlin/cli/js/K2JsIrCompiler.kt
+++ b/compiler/cli/cli-js/src/org/jetbrains/kotlin/cli/js/K2JsIrCompiler.kt
@@ -200,6 +200,7 @@ class K2JsIrCompiler : CLICompiler<K2JSCompilerArguments>() {
 
         configuration.put(JSConfigurationKeys.WASM_ENABLE_ARRAY_RANGE_CHECKS, arguments.wasmEnableArrayRangeChecks)
         configuration.put(JSConfigurationKeys.WASM_ENABLE_ASSERTS, arguments.wasmEnableAsserts)
+        configuration.put(JSConfigurationKeys.WASM_GENERATE_WAT, arguments.wasmGenerateWat)
 
         val commonSourcesArray = arguments.commonSources
         val commonSources = commonSourcesArray?.toSet() ?: emptySet()
@@ -376,7 +377,7 @@ class K2JsIrCompiler : CLICompiler<K2JSCompilerArguments>() {
                     baseFileName = outputName,
                     emitNameSection = arguments.wasmDebug,
                     allowIncompleteImplementations = arguments.irDce,
-                    generateWat = true,
+                    generateWat = configuration.get(JSConfigurationKeys.WASM_GENERATE_WAT, false),
                     generateSourceMaps = generateSourceMaps
                 )
 
diff --git a/compiler/testData/cli/js/jsExtraHelp.out b/compiler/testData/cli/js/jsExtraHelp.out
index 7a0ae1623cc..ba3c2819192 100644
--- a/compiler/testData/cli/js/jsExtraHelp.out
+++ b/compiler/testData/cli/js/jsExtraHelp.out
@@ -50,6 +50,7 @@ where advanced options include:
   -Xwasm-enable-array-range-checks
                              Turn on range checks for the array access functions
   -Xwasm-enable-asserts      Turn on asserts
+  -Xwasm-generate-wat        Generate wat file
   -Xwasm-kclass-fqn          Enable support for FQ names in KClass
   -Xallow-any-scripts-in-source-roots
                              Allow to compile any scripts along with regular Kotlin sources
diff --git a/js/js.frontend/src/org/jetbrains/kotlin/js/config/JSConfigurationKeys.java b/js/js.frontend/src/org/jetbrains/kotlin/js/config/JSConfigurationKeys.java
index f056778459c..a46412ac126 100644
--- a/js/js.frontend/src/org/jetbrains/kotlin/js/config/JSConfigurationKeys.java
+++ b/js/js.frontend/src/org/jetbrains/kotlin/js/config/JSConfigurationKeys.java
@@ -120,4 +120,7 @@ public class JSConfigurationKeys {
 
     public static final CompilerConfigurationKey<Boolean> WASM_ENABLE_ASSERTS =
             CompilerConfigurationKey.create("enable asserts");
+
+    public static final CompilerConfigurationKey<Boolean> WASM_GENERATE_WAT =
+            CompilerConfigurationKey.create("generate wat file");
 }