diff --git a/applets/taskmanager/package/contents/config/main.xml b/applets/taskmanager/package/contents/config/main.xml
--- a/applets/taskmanager/package/contents/config/main.xml
+++ b/applets/taskmanager/package/contents/config/main.xml
@@ -88,9 +88,13 @@
       <default>2</default>
     </entry>
     <entry name="indicateAudioStreams" type="Bool">
-      <label>Whether to indicate applications that are playing audio including an option to mute them.</label>
+      <label>Whether to indicate applications that are playing audio, including an option to mute them.</label>
       <default>true</default>
     </entry>
+    <entry name="indicateAudioStreamsIconsOnly" type="Bool">
+      <label>Whether to indicate applications that are playing audio in the Icons-only Task Manager, including an option to mute them.</label>
+      <default>false</default>
+    </entry>
     <entry name="taskHoverEffect" type="Bool">
       <label>Whether task buttons should change in appearance when the mouse pointer is above them.</label>
       <default>true</default>
diff --git a/applets/taskmanager/package/contents/ui/ConfigAppearance.qml b/applets/taskmanager/package/contents/ui/ConfigAppearance.qml
--- a/applets/taskmanager/package/contents/ui/ConfigAppearance.qml
+++ b/applets/taskmanager/package/contents/ui/ConfigAppearance.qml
@@ -31,10 +31,12 @@
     readonly property bool plasmaPaAvailable: Qt.createComponent("PulseAudio.qml").status === Component.Ready
 
     property bool plasmoidVertical: (plasmoid.formFactor === PlasmaCore.Types.Vertical)
+    property bool iconsOnly: (plasmoid.pluginName === "org.kde.plasma.icontasks")
 
     property alias cfg_showToolTips: showToolTips.checked
     property alias cfg_highlightWindows: highlightWindows.checked
     property bool cfg_indicateAudioStreams
+    property bool cfg_indicateAudioStreamsIconsOnly
     property alias cfg_iconSize: iconSize.value
     property alias cfg_maxStripes: maxStripes.value
     property alias cfg_forceStripes: forceStripes.checked
@@ -57,8 +59,8 @@
         CheckBox {
             id: indicateAudioStreams
             text: i18n("Mark applications that play audio")
-            checked: cfg_indicateAudioStreams && plasmaPaAvailable
-            onCheckedChanged: cfg_indicateAudioStreams = checked
+            checked: (iconsOnly ? cfg_indicateAudioStreamsIconsOnly : cfg_indicateAudioStreams) && plasmaPaAvailable
+            onCheckedChanged: iconsOnly ? cfg_indicateAudioStreamsIconsOnly = checked : cfg_indicateAudioStreams = checked
             enabled: plasmaPaAvailable
         }
 
diff --git a/applets/taskmanager/package/contents/ui/Task.qml b/applets/taskmanager/package/contents/ui/Task.qml
--- a/applets/taskmanager/package/contents/ui/Task.qml
+++ b/applets/taskmanager/package/contents/ui/Task.qml
@@ -62,7 +62,7 @@
     property Item audioStreamOverlay
     property var audioStreams: []
     property bool delayAudioStreamIndicator: false
-    readonly property bool audioIndicatorsEnabled: plasmoid.configuration.indicateAudioStreams
+    readonly property bool audioIndicatorsEnabled: iconsOnly ? plasmoid.configuration.indicateAudioStreamsIconsOnly : plasmoid.configuration.indicateAudioStreams
     readonly property bool hasAudioStream: audioStreams.length > 0
     readonly property bool playingAudio: hasAudioStream && audioStreams.some(function (item) {
         return !item.corked