diff --git a/README.md b/README.md
index 0ba83bfc..6b5bfd76 100644
--- a/README.md
+++ b/README.md
@@ -139,6 +139,7 @@ These are the cli options exposed to `pytest` by the plugin.
 | `--snapshot-default-extension` | Use to change the default snapshot extension class.                                                                            | [AmberSnapshotExtension](https://github.com/syrupy-project/syrupy/blob/main/src/syrupy/extensions/amber/__init__.py) |
 | `--snapshot-no-colors`         | Disable test results output highlighting. Equivalent to setting the environment variables `ANSI_COLORS_DISABLED` or `NO_COLOR` | Disabled by default if not in terminal.                                                                      |
 | `--snapshot-patch-pycharm-diff`| Override PyCharm's default diffs viewer when looking at snapshot diffs. See [IDE Integrations](#ide-integrations)        | `False`                                                                                                      |
+| `--snapshot-diff-mode` | Configures how diffs are displayed on assertion failure. If working with very large snapshots, disabling the diff can improve performance. | `detailed` |
 
 ### Assertion Options
 
diff --git a/src/syrupy/__init__.py b/src/syrupy/__init__.py
index d4c3dc23..1ef751aa 100644
--- a/src/syrupy/__init__.py
+++ b/src/syrupy/__init__.py
@@ -12,7 +12,7 @@
 
 import pytest
 
-from .assertion import SnapshotAssertion
+from .assertion import DiffMode, SnapshotAssertion
 from .constants import DISABLE_COLOR_ENV_VAR
 from .exceptions import FailedToLoadModuleMember
 from .extensions import DEFAULT_EXTENSION
@@ -43,7 +43,7 @@ def __import_extension(value: Optional[str]) -> Any:
         raise argparse.ArgumentTypeError(e) from e
 
 
-def pytest_addoption(parser: Any) -> None:
+def pytest_addoption(parser: "pytest.Parser") -> None:
     """
     Exposes snapshot plugin configuration to pytest.
     https://docs.pytest.org/en/latest/reference.html#_pytest.hookspec.pytest_addoption
@@ -94,9 +94,17 @@ def pytest_addoption(parser: Any) -> None:
         dest="patch_pycharm_diff",
         help="Patch PyCharm diff",
     )
+    group.addoption(
+        "--snapshot-diff-mode",
+        default=DiffMode.DETAILED,
+        choices=list(DiffMode),
+        type=DiffMode,
+        dest="diff_mode",
+        help="Controls how diffs are represented on snapshot assertion failure",
+    )
 
 
-def __terminal_color(config: Any) -> "ContextManager[None]":
+def __terminal_color(config: "pytest.Config") -> "ContextManager[None]":
     env = {}
     if config.option.no_colors:
         env[DISABLE_COLOR_ENV_VAR] = "true"
@@ -105,7 +113,7 @@ def __terminal_color(config: Any) -> "ContextManager[None]":
 
 
 def pytest_assertrepr_compare(
-    config: Any, op: str, left: Any, right: Any
+    config: "pytest.Config", op: str, left: Any, right: Any
 ) -> Optional[List[str]]:
     """
     Return explanation for comparisons in failing assert expressions.
@@ -119,10 +127,14 @@ def snapshot_name(name: str) -> str:
 
         if isinstance(left, SnapshotAssertion):
             assert_msg = reset(f"{snapshot_name(left.name)} {op} {received_name}")
-            return [assert_msg] + left.get_assert_diff()
+            return [assert_msg] + left.get_assert_diff(
+                diff_mode=config.option.diff_mode
+            )
         elif isinstance(right, SnapshotAssertion):
             assert_msg = reset(f"{received_name} {op} {snapshot_name(right.name)}")
-            return [assert_msg] + right.get_assert_diff()
+            return [assert_msg] + right.get_assert_diff(
+                diff_mode=config.option.diff_mode
+            )
     return None
 
 
diff --git a/src/syrupy/assertion.py b/src/syrupy/assertion.py
index 6c2bc7e7..3c2b89fb 100644
--- a/src/syrupy/assertion.py
+++ b/src/syrupy/assertion.py
@@ -4,6 +4,7 @@
     dataclass,
     field,
 )
+from enum import Enum
 from gettext import gettext
 from typing import (
     TYPE_CHECKING,
@@ -35,6 +36,14 @@
     )
 
 
+class DiffMode(Enum):
+    DETAILED = "detailed"
+    DISABLED = "disabled"
+
+    def __str__(self) -> str:
+        return self.value
+
+
 @dataclass
 class AssertionResult:
     snapshot_location: str
@@ -210,7 +219,9 @@ def _serialize(self, data: "SerializableData") -> "SerializedData":
             data, exclude=self._exclude, include=self._include, matcher=self.__matcher
         )
 
-    def get_assert_diff(self) -> List[str]:
+    def get_assert_diff(
+        self, *, diff_mode: "DiffMode" = DiffMode.DETAILED
+    ) -> List[str]:
         assertion_result = self._execution_results[self.num_executions - 1]
         if assertion_result.exception:
             if isinstance(assertion_result.exception, (TaintedSnapshotError,)):
@@ -247,7 +258,8 @@ def get_assert_diff(self) -> List[str]:
             )
         if not assertion_result.success:
             snapshot_data = snapshot_data if snapshot_data is not None else ""
-            diff.extend(self.extension.diff_lines(serialized_data, snapshot_data))
+            if diff_mode == DiffMode.DETAILED:
+                diff.extend(self.extension.diff_lines(serialized_data, snapshot_data))
         return diff
 
     def __with_prop(self, prop_name: str, prop_value: Any) -> None:
diff --git a/tests/integration/test_snapshot_option_diff_mode.py b/tests/integration/test_snapshot_option_diff_mode.py
new file mode 100644
index 00000000..788e9e30
--- /dev/null
+++ b/tests/integration/test_snapshot_option_diff_mode.py
@@ -0,0 +1,49 @@
+import pytest
+
+
+@pytest.fixture
+def testfile(testdir) -> pytest.Testdir:
+    testdir.makepyfile(
+        test_file=(
+            """
+            def test_case(snapshot):
+                assert snapshot == "some-value"
+            """
+        ),
+    )
+    return testdir
+
+
+def test_diff_mode_disabled_does_not_print_diff(
+    testfile,
+):
+    # Generate initial snapshot
+    result = testfile.runpytest("-v", "--snapshot-update")
+    result.stdout.re_match_lines((r"1 snapshot generated\.",))
+    assert result.ret == 0
+
+    # Modify snapshot to generate diff
+    testfile.makepyfile(
+        test_file=(
+            """
+            def test_case(snapshot):
+                assert snapshot == "some-other-value"
+            """
+        ),
+    )
+
+    # With diff we expect to see "some-other-value"
+    result = testfile.runpytest("-v", "--snapshot-diff-mode=detailed")
+    result.stdout.re_match_lines(
+        (
+            r".*- 'some-value'",
+            r".*\+ 'some-other-value'",
+        )
+    )
+    assert result.ret == 1
+
+    # Without diff we do not expect to see "some-other-value"
+    result = testfile.runpytest("-v", "--snapshot-diff-mode=disabled")
+    result.stdout.no_re_match_line(r".*- 'some-value'")
+    result.stdout.no_re_match_line(r".*\+ 'some-other-value'")
+    assert result.ret == 1
diff --git a/tests/syrupy/__snapshots__/test_diff_mode.ambr b/tests/syrupy/__snapshots__/test_diff_mode.ambr
new file mode 100644
index 00000000..77ed11fc
--- /dev/null
+++ b/tests/syrupy/__snapshots__/test_diff_mode.ambr
@@ -0,0 +1,7 @@
+# serializer version: 1
+# name: test_can_be_stringified
+  'detailed'
+# ---
+# name: test_can_be_stringified.1
+  'disabled'
+# ---
diff --git a/tests/syrupy/test_diff_mode.py b/tests/syrupy/test_diff_mode.py
new file mode 100644
index 00000000..3bab8009
--- /dev/null
+++ b/tests/syrupy/test_diff_mode.py
@@ -0,0 +1,6 @@
+from syrupy.assertion import DiffMode
+
+
+def test_can_be_stringified(snapshot):
+    assert snapshot == str(DiffMode.DETAILED)
+    assert snapshot == str(DiffMode.DISABLED)