diff --git a/package/libs/openssl/Config.in b/package/libs/openssl/Config.in
index b949d3beb7..96d3ba3e9d 100644
--- a/package/libs/openssl/Config.in
+++ b/package/libs/openssl/Config.in
@@ -55,6 +55,11 @@ config OPENSSL_HARDWARE_SUPPORT
 	default n
 	prompt "Enable hardware support"
 
+config OPENSSL_OPTIMIZE_SPEED
+	bool
+	default n
+	prompt "Enable optimization for speed instead of size"
+
 endif
 
 config OPENSSL_ENGINE_CRYPTO
diff --git a/package/libs/openssl/Makefile b/package/libs/openssl/Makefile
index b95b462bde..db20b7e6a9 100644
--- a/package/libs/openssl/Makefile
+++ b/package/libs/openssl/Makefile
@@ -41,7 +41,8 @@ PKG_CONFIG_DEPENDS:= \
 	CONFIG_OPENSSL_WITH_COMPRESSION \
 	CONFIG_OPENSSL_WITH_NPN \
 	CONFIG_OPENSSL_WITH_PSK \
-	CONFIG_OPENSSL_WITH_SRP
+	CONFIG_OPENSSL_WITH_SRP \
+	CONFIG_OPENSSL_OPTIMIZE_SPEED
 
 include $(INCLUDE_DIR)/package.mk
 
@@ -155,6 +156,10 @@ ifndef CONFIG_OPENSSL_WITH_SRP
   OPENSSL_OPTIONS += no-srp
 endif
 
+ifeq ($(CONFIG_OPENSSL_OPTIMIZE_SPEED),y)
+  TARGET_CFLAGS := $(filter-out -Os,$(TARGET_CFLAGS)) -O3
+endif
+
 ifeq ($(CONFIG_x86_64),y)
   OPENSSL_TARGET:=linux-x86_64-openwrt
   OPENSSL_MAKEFLAGS += LIBDIR=lib
@@ -185,7 +190,7 @@ define Build/Configure
 			--openssldir=/etc/ssl \
 			$(TARGET_CPPFLAGS) \
 			$(TARGET_LDFLAGS) -ldl \
-			-DOPENSSL_SMALL_FOOTPRINT \
+			$(if $(CONFIG_OPENSSL_OPTIMIZE_SPEED),,-DOPENSSL_SMALL_FOOTPRINT) \
 			$(OPENSSL_NO_CIPHERS) \
 			$(OPENSSL_OPTIONS) \
 	)