Global warming has become intensified and widespread, threatening the world with causing acute heatwaves that adversely affect poultry production and producers' profitability. Spirulina platensis is a precious and promising mitigating strategy to combat the detrimental impacts of heat stress due to its high contents of nutrients and bioactive components. The current study was designed to compare the incorporation impact of S. platensis powder or aqueous extract on the growth and physiological responses of heat-stressed broiler chicks. Six hundred 1-day-old Ross 308 male broiler chicks were allocated into five experimental groups with six replicates of 20 chicks each. The control group fed the basal diet without additives, SPP1 and SPP2 groups fed the basal diet with 1 g/kg and 2 g/kg S. platensis powder, respectively, while SPE1 and SPE2 groups received 1 ml/L and 2 ml/L S. platensis aqueous extract in the drinking water, respectively. All birds were exposed to cyclic heat stress (34 ± 2 °C for 12 h) for three successive days a week from day 10 to day 35. In vitro analysis showed that total phenols, flavonoids, and antioxidant activity of S. platensis were remarkably decreased (P < 0.001) in the aqueous extract compared to the powder form. Body weight, weight gain, and feed conversion ratio were improved (P < 0.001) in all treated groups, while carcass yield and dressing percentage were increased only in SPP1 and SPP2. Feed and water intake and blood biochemical parameters were not affected. Both forms of S. platensis enhanced the lipid profile, redox status, and humoral immune response of heat-stressed chicks superior to the powder form. Conclusively, the powder form of S. platensis was more effective in enhancing the productivity of broilers and alleviating the negative impacts of heat stress than the aqueous extract form.