diff --git a/esphome/components/version/text_sensor.py b/esphome/components/version/text_sensor.py
index ba8c493d4b..a55e18a5a7 100644
--- a/esphome/components/version/text_sensor.py
+++ b/esphome/components/version/text_sensor.py
@@ -1,7 +1,12 @@
 import esphome.codegen as cg
 from esphome.components import text_sensor
 import esphome.config_validation as cv
-from esphome.const import CONF_HIDE_TIMESTAMP, ENTITY_CATEGORY_DIAGNOSTIC, ICON_NEW_BOX
+from esphome.const import (
+    CONF_HIDE_HASH,
+    CONF_HIDE_TIMESTAMP,
+    ENTITY_CATEGORY_DIAGNOSTIC,
+    ICON_NEW_BOX,
+)
 
 version_ns = cg.esphome_ns.namespace("version")
 VersionTextSensor = version_ns.class_(
@@ -16,6 +21,9 @@ CONFIG_SCHEMA = (
     .extend(
         {
             cv.GenerateID(): cv.declare_id(VersionTextSensor),
+            # Hide the config hash suffix and restore the pre-2026.1
+            # version text format when set to true.
+            cv.Optional(CONF_HIDE_HASH, default=False): cv.boolean,
             cv.Optional(CONF_HIDE_TIMESTAMP, default=False): cv.boolean,
         }
     )
@@ -26,4 +34,5 @@ CONFIG_SCHEMA = (
 async def to_code(config):
     var = await text_sensor.new_text_sensor(config)
     await cg.register_component(var, config)
+    cg.add(var.set_hide_hash(config[CONF_HIDE_HASH]))
     cg.add(var.set_hide_timestamp(config[CONF_HIDE_TIMESTAMP]))
diff --git a/esphome/components/version/version_text_sensor.cpp b/esphome/components/version/version_text_sensor.cpp
index 4a08001cc4..8aec98d2da 100644
--- a/esphome/components/version/version_text_sensor.cpp
+++ b/esphome/components/version/version_text_sensor.cpp
@@ -1,37 +1,53 @@
 #include "version_text_sensor.h"
 #include "esphome/core/application.h"
 #include "esphome/core/build_info_data.h"
-#include "esphome/core/log.h"
-#include "esphome/core/version.h"
 #include "esphome/core/helpers.h"
+#include "esphome/core/log.h"
 #include "esphome/core/progmem.h"
+#include "esphome/core/version.h"
 
 namespace esphome::version {
 
 static const char *const TAG = "version.text_sensor";
 
 void VersionTextSensor::setup() {
-  static const char PREFIX[] PROGMEM = ESPHOME_VERSION " (config hash 0x";
+  static const char HASH_PREFIX[] PROGMEM = ESPHOME_VERSION " (config hash 0x";
+  static const char VERSION_PREFIX[] PROGMEM = ESPHOME_VERSION;
   static const char BUILT_STR[] PROGMEM = ", built ";
-  // Buffer size: PREFIX + 8 hex chars + BUILT_STR + BUILD_TIME_STR_SIZE + ")" + null
-  constexpr size_t buf_size = sizeof(PREFIX) + 8 + sizeof(BUILT_STR) + esphome::Application::BUILD_TIME_STR_SIZE + 2;
+
+  // Buffer size: HASH_PREFIX + 8 hex chars + BUILT_STR + BUILD_TIME_STR_SIZE + ")" + null
+  constexpr size_t buf_size =
+      sizeof(HASH_PREFIX) + 8 + sizeof(BUILT_STR) + esphome::Application::BUILD_TIME_STR_SIZE + 2;
   char version_str[buf_size];
 
-  ESPHOME_strncpy_P(version_str, PREFIX, sizeof(version_str));
+  // hide_hash restores the pre-2026.1 base format by omitting
+  // the " (config hash 0x...)" suffix entirely.
+  if (this->hide_hash_) {
+    ESPHOME_strncpy_P(version_str, VERSION_PREFIX, sizeof(version_str));
+  } else {
+    ESPHOME_strncpy_P(version_str, HASH_PREFIX, sizeof(version_str));
 
-  size_t len = strlen(version_str);
-  snprintf(version_str + len, sizeof(version_str) - len, "%08" PRIx32, App.get_config_hash());
+    size_t len = strlen(version_str);
+    snprintf(version_str + len, sizeof(version_str) - len, "%08" PRIx32, App.get_config_hash());
+  }
 
+  // Keep hide_timestamp behavior independent from hide_hash so all
+  // combinations remain available to users.
   if (!this->hide_timestamp_) {
     size_t len = strlen(version_str);
     ESPHOME_strncat_P(version_str, BUILT_STR, sizeof(version_str) - len - 1);
     ESPHOME_strncat_P(version_str, ESPHOME_BUILD_TIME_STR, sizeof(version_str) - strlen(version_str) - 1);
   }
 
-  strncat(version_str, ")", sizeof(version_str) - strlen(version_str) - 1);
+  // The closing parenthesis is part of the config-hash suffix and must
+  // only be appended when that suffix is present.
+  if (!this->hide_hash_) {
+    strncat(version_str, ")", sizeof(version_str) - strlen(version_str) - 1);
+  }
   version_str[sizeof(version_str) - 1] = '\0';
   this->publish_state(version_str);
 }
+void VersionTextSensor::set_hide_hash(bool hide_hash) { this->hide_hash_ = hide_hash; }
 void VersionTextSensor::set_hide_timestamp(bool hide_timestamp) { this->hide_timestamp_ = hide_timestamp; }
 void VersionTextSensor::dump_config() { LOG_TEXT_SENSOR("", "Version Text Sensor", this); }
 
diff --git a/esphome/components/version/version_text_sensor.h b/esphome/components/version/version_text_sensor.h
index 6153c5dd7c..fec898ae03 100644
--- a/esphome/components/version/version_text_sensor.h
+++ b/esphome/components/version/version_text_sensor.h
@@ -7,11 +7,13 @@ namespace esphome::version {
 
 class VersionTextSensor : public text_sensor::TextSensor, public Component {
  public:
+  void set_hide_hash(bool hide_hash);
   void set_hide_timestamp(bool hide_timestamp);
   void setup() override;
   void dump_config() override;
 
  protected:
+  bool hide_hash_{false};
   bool hide_timestamp_{false};
 };
 
diff --git a/esphome/const.py b/esphome/const.py
index 0b1037d091..1611aeb101 100644
--- a/esphome/const.py
+++ b/esphome/const.py
@@ -463,6 +463,7 @@ CONF_HEAT_OVERRUN = "heat_overrun"
 CONF_HEATER = "heater"
 CONF_HEIGHT = "height"
 CONF_HIDDEN = "hidden"
+CONF_HIDE_HASH = "hide_hash"
 CONF_HIDE_TIMESTAMP = "hide_timestamp"
 CONF_HIGH = "high"
 CONF_HIGH_VOLTAGE_REFERENCE = "high_voltage_reference"
diff --git a/tests/components/version/common.yaml b/tests/components/version/common.yaml
index 7713afc37c..f9ff778e14 100644
--- a/tests/components/version/common.yaml
+++ b/tests/components/version/common.yaml
@@ -1,3 +1,16 @@
 text_sensor:
   - platform: version
-    name: "ESPHome Version"
+    name: "ESPHome Version Full"
+
+  - platform: version
+    name: "ESPHome Version No Timestamp"
+    hide_timestamp: true
+
+  - platform: version
+    name: "ESPHome Version No Hash"
+    hide_hash: true
+
+  - platform: version
+    name: "ESPHome Version Shortest"
+    hide_timestamp: true
+    hide_hash: true