The developed spatiotemporal mode‐locked (STML) laser has emerged as an effective platform for investigating high‐dimensional nonlinear spatiotemporal dynamics. Additionally, it offers a novel avenue for the design of fiber oscillators capable of operating at high power levels. At present, the focus of STML laser research primarily revolves around this aspect. However, considering practical applications, there is a strong desire to conceive a simple all‐fiber STML oscillator with both high beam quality and high power. In this study, an all‐fiber, high‐power STML oscillator based on multimode fibers is constructed and investigated. By manipulating the pump power and the polarization state, the laser could operate in a dissipative soliton or noise‐like pulse regime, both with average output powers of two operation states reaching the Watt level. Simultaneously, high‐quality output beam profiles are observed in both operation states. To the best of knowledge, this is the first demonstration of high‐power spatiotemporal mode‐locking with high beam quality. The study holds great benefits for advancing the investigations of compact all‐fiber STML lasers which deliver high‐power outputs with superior beam quality and ultimately propels the application of STML lasers. Furthermore, this study contributes to the understanding of the behavior of STML lasers with high power.