diff --git a/docs/sources/developers/kinds/composable/stat/panelcfg/schema-reference.md b/docs/sources/developers/kinds/composable/stat/panelcfg/schema-reference.md
index e83f6c0b608..b5e134bc426 100644
--- a/docs/sources/developers/kinds/composable/stat/panelcfg/schema-reference.md
+++ b/docs/sources/developers/kinds/composable/stat/panelcfg/schema-reference.md
@@ -32,6 +32,7 @@ It extends [SingleStatBaseOptions](#singlestatbaseoptions).
 | `graphMode`     | string                                          | **Yes**  |         | TODO docs<br/>Possible values are: `none`, `line`, `area`.                                                                                  |
 | `justifyMode`   | string                                          | **Yes**  |         | TODO docs<br/>Possible values are: `auto`, `center`.                                                                                        |
 | `textMode`      | string                                          | **Yes**  |         | TODO docs<br/>Possible values are: `auto`, `value`, `value_and_name`, `name`, `none`.                                                       |
+| `wideLayout`    | boolean                                         | **Yes**  | `true`  |                                                                                                                                             |
 | `orientation`   | string                                          | No       |         | *(Inherited from [SingleStatBaseOptions](#singlestatbaseoptions))*<br/>TODO docs<br/>Possible values are: `auto`, `vertical`, `horizontal`. |
 | `reduceOptions` | [ReduceDataOptions](#reducedataoptions)         | No       |         | *(Inherited from [SingleStatBaseOptions](#singlestatbaseoptions))*<br/>TODO docs                                                            |
 | `text`          | [VizTextDisplayOptions](#viztextdisplayoptions) | No       |         | *(Inherited from [SingleStatBaseOptions](#singlestatbaseoptions))*<br/>TODO docs                                                            |
diff --git a/docs/sources/panels-visualizations/visualizations/stat/index.md b/docs/sources/panels-visualizations/visualizations/stat/index.md
index a53d31b00c5..de4e82b3a71 100644
--- a/docs/sources/panels-visualizations/visualizations/stat/index.md
+++ b/docs/sources/panels-visualizations/visualizations/stat/index.md
@@ -88,6 +88,17 @@ You can use the Text mode option to control what text the visualization renders.
 - **Name -** Show name instead of value. Value is displayed in the hover tooltip.
 - **None -** Show nothing (empty). Name and value are displayed in the hover tooltip.
 
+### Wide layout
+
+Set whether wide layout is enabled or not. Wide layout is enabled by default.
+
+- **On -** Wide layout is enabled.
+- **Off -** Wide layout is disabled.
+
+{{% admonition type="note" %}}
+This option is only applicable when **Text mode** is set to **Value and name**. When wide layout is enabled, the value and name are displayed side-by-side with the value on the right, if the panel is wide enough. When wide layout is disabled, the value is always rendered underneath the name.
+{{% /admonition %}}
+
 ### Color mode
 
 Select a color mode.
diff --git a/packages/grafana-schema/src/raw/composable/stat/panelcfg/x/StatPanelCfg_types.gen.ts b/packages/grafana-schema/src/raw/composable/stat/panelcfg/x/StatPanelCfg_types.gen.ts
index 842651d79f4..f372445d382 100644
--- a/packages/grafana-schema/src/raw/composable/stat/panelcfg/x/StatPanelCfg_types.gen.ts
+++ b/packages/grafana-schema/src/raw/composable/stat/panelcfg/x/StatPanelCfg_types.gen.ts
@@ -18,6 +18,7 @@ export interface Options extends common.SingleStatBaseOptions {
   graphMode: common.BigValueGraphMode;
   justifyMode: common.BigValueJustifyMode;
   textMode: common.BigValueTextMode;
+  wideLayout: boolean;
 }
 
 export const defaultOptions: Partial<Options> = {
@@ -25,4 +26,5 @@ export const defaultOptions: Partial<Options> = {
   graphMode: common.BigValueGraphMode.Area,
   justifyMode: common.BigValueJustifyMode.Auto,
   textMode: common.BigValueTextMode.Auto,
+  wideLayout: true,
 };
diff --git a/public/app/plugins/panel/stat/StatPanel.tsx b/public/app/plugins/panel/stat/StatPanel.tsx
index 2300fc20dcd..827b6aac29f 100644
--- a/public/app/plugins/panel/stat/StatPanel.tsx
+++ b/public/app/plugins/panel/stat/StatPanel.tsx
@@ -48,7 +48,7 @@ export class StatPanel extends PureComponent<PanelProps<Options>> {
         theme={config.theme2}
         onClick={openMenu}
         className={targetClassName}
-        disableWideLayout={true}
+        disableWideLayout={!options.wideLayout}
       />
     );
   };
diff --git a/public/app/plugins/panel/stat/module.tsx b/public/app/plugins/panel/stat/module.tsx
index 98b5b4c8784..f401feb8024 100644
--- a/public/app/plugins/panel/stat/module.tsx
+++ b/public/app/plugins/panel/stat/module.tsx
@@ -17,22 +17,36 @@ export const plugin = new PanelPlugin<Options>(StatPanel)
     addOrientationOption(builder, mainCategory);
     commonOptionsBuilder.addTextSizeOptions(builder);
 
-    builder.addSelect({
-      path: 'textMode',
-      name: 'Text mode',
-      description: 'Control if name and value is displayed or just name',
-      category: mainCategory,
-      settings: {
-        options: [
-          { value: BigValueTextMode.Auto, label: 'Auto' },
-          { value: BigValueTextMode.Value, label: 'Value' },
-          { value: BigValueTextMode.ValueAndName, label: 'Value and name' },
-          { value: BigValueTextMode.Name, label: 'Name' },
-          { value: BigValueTextMode.None, label: 'None' },
-        ],
-      },
-      defaultValue: defaultOptions.textMode,
-    });
+    builder
+      .addSelect({
+        path: 'textMode',
+        name: 'Text mode',
+        description: 'Control if name and value is displayed or just name',
+        category: mainCategory,
+        settings: {
+          options: [
+            { value: BigValueTextMode.Auto, label: 'Auto' },
+            { value: BigValueTextMode.Value, label: 'Value' },
+            { value: BigValueTextMode.ValueAndName, label: 'Value and name' },
+            { value: BigValueTextMode.Name, label: 'Name' },
+            { value: BigValueTextMode.None, label: 'None' },
+          ],
+        },
+        defaultValue: defaultOptions.textMode,
+      })
+      .addRadio({
+        path: 'wideLayout',
+        name: 'Wide layout',
+        category: mainCategory,
+        settings: {
+          options: [
+            { value: true, label: 'On' },
+            { value: false, label: 'Off' },
+          ],
+        },
+        defaultValue: defaultOptions.wideLayout,
+        showIf: (config) => config.textMode === BigValueTextMode.ValueAndName,
+      });
 
     builder
       .addSelect({
diff --git a/public/app/plugins/panel/stat/panelcfg.cue b/public/app/plugins/panel/stat/panelcfg.cue
index 1cc5b2d768c..a3f1476d28f 100644
--- a/public/app/plugins/panel/stat/panelcfg.cue
+++ b/public/app/plugins/panel/stat/panelcfg.cue
@@ -31,6 +31,7 @@ composableKinds: PanelCfg: {
 					colorMode:   common.BigValueColorMode & (*"value" | _)
 					justifyMode: common.BigValueJustifyMode & (*"auto" | _)
 					textMode:    common.BigValueTextMode & (*"auto" | _)
+					wideLayout:  bool | *true
 				} @cuetsy(kind="interface")
 			}
 		}]
diff --git a/public/app/plugins/panel/stat/panelcfg.gen.ts b/public/app/plugins/panel/stat/panelcfg.gen.ts
index 03bf666935c..62634532009 100644
--- a/public/app/plugins/panel/stat/panelcfg.gen.ts
+++ b/public/app/plugins/panel/stat/panelcfg.gen.ts
@@ -15,6 +15,7 @@ export interface Options extends common.SingleStatBaseOptions {
   graphMode: common.BigValueGraphMode;
   justifyMode: common.BigValueJustifyMode;
   textMode: common.BigValueTextMode;
+  wideLayout: boolean;
 }
 
 export const defaultOptions: Partial<Options> = {
@@ -22,4 +23,5 @@ export const defaultOptions: Partial<Options> = {
   graphMode: common.BigValueGraphMode.Area,
   justifyMode: common.BigValueJustifyMode.Auto,
   textMode: common.BigValueTextMode.Auto,
+  wideLayout: true,
 };