diff --git a/packages/grafana-data/src/text/index.ts b/packages/grafana-data/src/text/index.ts
index bece68920ac..76470eaa838 100644
--- a/packages/grafana-data/src/text/index.ts
+++ b/packages/grafana-data/src/text/index.ts
@@ -1,11 +1,12 @@
 export * from './string';
 export * from './markdown';
 export * from './text';
-import { escapeHtml, hasAnsiCodes, sanitize, sanitizeUrl } from './sanitize';
+import { escapeHtml, hasAnsiCodes, sanitize, sanitizeUrl, sanitizeTextPanelContent } from './sanitize';
 
 export const textUtil = {
   escapeHtml,
   hasAnsiCodes,
   sanitize,
+  sanitizeTextPanelContent,
   sanitizeUrl,
 };
diff --git a/packages/grafana-data/src/text/markdown.test.ts b/packages/grafana-data/src/text/markdown.test.ts
index ed51f2c28a2..b9e7052c3ef 100644
--- a/packages/grafana-data/src/text/markdown.test.ts
+++ b/packages/grafana-data/src/text/markdown.test.ts
@@ -1,4 +1,5 @@
 import { renderMarkdown } from './markdown';
+import { sanitizeTextPanelContent } from './sanitize';
 
 describe('Markdown wrapper', () => {
   it('should be able to handle undefined value', () => {
@@ -10,4 +11,13 @@ describe('Markdown wrapper', () => {
     const str = renderMarkdown('<script>alert()</script>');
     expect(str).toBe('&lt;script&gt;alert()&lt;/script&gt;');
   });
+
+  it('should allow whitelisted styles in text panel', () => {
+    const html =
+      '<div style="display:flex; flex-direction: column; flex-wrap: wrap; justify-content: start; gap: 2px;"><div style="flex-basis: 50%"></div></div>';
+    const str = sanitizeTextPanelContent(html);
+    expect(str).toBe(
+      '<div style="display:flex; flex-direction:column; flex-wrap:wrap; justify-content:start; gap:2px;"><div style="flex-basis:50%;"></div></div>'
+    );
+  });
 });
diff --git a/packages/grafana-data/src/text/markdown.ts b/packages/grafana-data/src/text/markdown.ts
index 9b684152a90..a87d0f0bb54 100644
--- a/packages/grafana-data/src/text/markdown.ts
+++ b/packages/grafana-data/src/text/markdown.ts
@@ -1,5 +1,5 @@
 import { marked } from 'marked';
-import { sanitize } from './sanitize';
+import { sanitize, sanitizeTextPanelContent } from './sanitize';
 
 let hasInitialized = false;
 
@@ -7,15 +7,17 @@ export interface RenderMarkdownOptions {
   noSanitize?: boolean;
 }
 
+const markdownOptions = {
+  pedantic: false,
+  gfm: true,
+  smartLists: true,
+  smartypants: false,
+  xhtml: false,
+};
+
 export function renderMarkdown(str?: string, options?: RenderMarkdownOptions): string {
   if (!hasInitialized) {
-    marked.setOptions({
-      pedantic: false,
-      gfm: true,
-      smartLists: true,
-      smartypants: false,
-      xhtml: false,
-    });
+    marked.setOptions({ ...markdownOptions });
     hasInitialized = true;
   }
 
@@ -26,3 +28,17 @@ export function renderMarkdown(str?: string, options?: RenderMarkdownOptions): s
 
   return sanitize(html);
 }
+
+export function renderTextPanelMarkdown(str?: string, options?: RenderMarkdownOptions): string {
+  if (!hasInitialized) {
+    marked.setOptions({ ...markdownOptions });
+    hasInitialized = true;
+  }
+
+  const html = marked(str || '');
+  if (options?.noSanitize) {
+    return html;
+  }
+
+  return sanitizeTextPanelContent(html);
+}
diff --git a/packages/grafana-data/src/text/sanitize.ts b/packages/grafana-data/src/text/sanitize.ts
index 2a689fbc794..b5a2393c1c4 100644
--- a/packages/grafana-data/src/text/sanitize.ts
+++ b/packages/grafana-data/src/text/sanitize.ts
@@ -10,6 +10,29 @@ const sanitizeXSS = new FilterXSS({
   whiteList: XSSWL,
 });
 
+const sanitizeTextPanelWhitelist = new xss.FilterXSS({
+  whiteList: XSSWL,
+  css: {
+    whiteList: {
+      ...xss.getDefaultCSSWhiteList(),
+      'flex-direction': true,
+      'flex-wrap': true,
+      'flex-basis': true,
+      'flex-grow': true,
+      'flex-shrink': true,
+      'flex-flow': true,
+      gap: true,
+      order: true,
+      'justify-content': true,
+      'justify-items': true,
+      'justify-self': true,
+      'align-items': true,
+      'align-content': true,
+      'align-self': true,
+    },
+  },
+});
+
 /**
  * Returns string safe from XSS attacks.
  *
@@ -26,6 +49,15 @@ export function sanitize(unsanitizedString: string): string {
   }
 }
 
+export function sanitizeTextPanelContent(unsanitizedString: string): string {
+  try {
+    return sanitizeTextPanelWhitelist.process(unsanitizedString);
+  } catch (error) {
+    console.error('String could not be sanitized', unsanitizedString);
+    return 'Text string could not be sanitized';
+  }
+}
+
 export function sanitizeUrl(url: string): string {
   return braintreeSanitizeUrl(url);
 }
diff --git a/public/app/plugins/panel/text/TextPanel.tsx b/public/app/plugins/panel/text/TextPanel.tsx
index 6828fba9a22..f0251f9d658 100644
--- a/public/app/plugins/panel/text/TextPanel.tsx
+++ b/public/app/plugins/panel/text/TextPanel.tsx
@@ -1,7 +1,7 @@
 // Libraries
 import React, { PureComponent } from 'react';
 import { debounce } from 'lodash';
-import { PanelProps, renderMarkdown, textUtil } from '@grafana/data';
+import { PanelProps, renderTextPanelMarkdown, textUtil } from '@grafana/data';
 // Utils
 import config from 'app/core/config';
 // Types
@@ -44,7 +44,9 @@ export class TextPanel extends PureComponent<Props, State> {
 
   prepareMarkdown(content: string): string {
     // Sanitize is disabled here as we handle that after variable interpolation
-    return renderMarkdown(this.interpolateAndSanitizeString(content), { noSanitize: config.disableSanitizeHtml });
+    return renderTextPanelMarkdown(this.interpolateAndSanitizeString(content), {
+      noSanitize: config.disableSanitizeHtml,
+    });
   }
 
   interpolateAndSanitizeString(content: string): string {
@@ -52,7 +54,7 @@ export class TextPanel extends PureComponent<Props, State> {
 
     content = replaceVariables(content, {}, 'html');
 
-    return config.disableSanitizeHtml ? content : textUtil.sanitize(content);
+    return config.disableSanitizeHtml ? content : textUtil.sanitizeTextPanelContent(content);
   }
 
   processContent(options: PanelOptions): string {
diff --git a/public/app/plugins/panel/text/TextPanelEditor.tsx b/public/app/plugins/panel/text/TextPanelEditor.tsx
index 6493c4c387b..a8c1a351c2f 100644
--- a/public/app/plugins/panel/text/TextPanelEditor.tsx
+++ b/public/app/plugins/panel/text/TextPanelEditor.tsx
@@ -40,7 +40,7 @@ export const TextPanelEditor: FC<StandardEditorProps<string, any, PanelOptions>>
               width={width}
               showMiniMap={false}
               showLineNumbers={false}
-              height="200px"
+              height="500px"
               getSuggestions={getSuggestions}
             />
           );