diff --git a/src/lib.rs b/src/lib.rs
index 372f7eef2f..929af95c15 100644
--- a/src/lib.rs
+++ b/src/lib.rs
@@ -26,7 +26,7 @@ use {
     into_usize::IntoUsize,
     representation::Representation,
     settings::Settings,
-    subcommand::{Subcommand, SubcommandResult},
+    subcommand::{OutputFormat, Subcommand, SubcommandResult},
     tally::Tally,
   },
   anyhow::{anyhow, bail, ensure, Context, Error},
@@ -252,7 +252,7 @@ pub fn main() {
 
   let args = Arguments::parse();
 
-  let minify = args.options.minify;
+  let format = args.options.format;
 
   match args.run() {
     Err(err) => {
@@ -274,7 +274,7 @@ pub fn main() {
     }
     Ok(output) => {
       if let Some(output) = output {
-        output.print_json(minify);
+        output.print(format.unwrap_or_default());
       }
       gracefully_shutdown_indexer();
     }
diff --git a/src/options.rs b/src/options.rs
index ba76689845..6c3c7f2826 100644
--- a/src/options.rs
+++ b/src/options.rs
@@ -65,8 +65,8 @@ pub struct Options {
   pub(crate) index_transactions: bool,
   #[arg(long, help = "Run in integration test mode.")]
   pub(crate) integration_test: bool,
-  #[arg(long, help = "Minify JSON output.")]
-  pub(crate) minify: bool,
+  #[clap(long, short, long, help = "Specify output format. [default: json]")]
+  pub(crate) format: Option<OutputFormat>,
   #[arg(
     long,
     short,
diff --git a/src/subcommand.rs b/src/subcommand.rs
index 2da87735db..fd90a9fd0d 100644
--- a/src/subcommand.rs
+++ b/src/subcommand.rs
@@ -81,20 +81,28 @@ impl Subcommand {
   }
 }
 
+#[derive(clap::ValueEnum, Debug, Clone, Copy, Serialize, Deserialize, Default)]
+pub enum OutputFormat {
+  #[default]
+  Json,
+  Yaml,
+  Minify,
+}
+
 pub trait Output: Send {
-  fn print_json(&self, minify: bool);
+  fn print(&self, format: OutputFormat);
 }
 
 impl<T> Output for T
 where
   T: Serialize + Send,
 {
-  fn print_json(&self, minify: bool) {
-    if minify {
-      serde_json::to_writer(io::stdout(), self).ok();
-    } else {
-      serde_json::to_writer_pretty(io::stdout(), self).ok();
-    }
+  fn print(&self, format: OutputFormat) {
+    match format {
+      OutputFormat::Json => serde_json::to_writer_pretty(io::stdout(), self).ok(),
+      OutputFormat::Yaml => serde_yaml::to_writer(io::stdout(), self).ok(),
+      OutputFormat::Minify => serde_json::to_writer(io::stdout(), self).ok(),
+    };
     println!();
   }
 }
diff --git a/tests/wallet/dump.rs b/tests/wallet/dump.rs
index f8fdca5b68..cdae859cfd 100644
--- a/tests/wallet/dump.rs
+++ b/tests/wallet/dump.rs
@@ -55,7 +55,7 @@ fn dump_and_restore_descriptors_with_minify() {
 
   create_wallet(&core, &ord);
 
-  let output = CommandBuilder::new("--minify wallet dump")
+  let output = CommandBuilder::new("--format minify wallet dump")
     .core(&core)
     .ord(&ord)
     .stderr_regex(".*")