diff --git a/jit-binding-server/build.gradle.kts b/jit-binding-server/build.gradle.kts
index ffefece02..b49e263b1 100644
--- a/jit-binding-server/build.gradle.kts
+++ b/jit-binding-server/build.gradle.kts
@@ -16,7 +16,7 @@ dependencies {
     implementation("io.ktor:ktor-server-metrics-micrometer")
     implementation("io.ktor:ktor-client-core")
     implementation("io.ktor:ktor-client-cio")
-    implementation("io.micrometer:micrometer-registry-prometheus:1.15.5")
+    implementation("io.micrometer:micrometer-registry-prometheus:1.16.1")
 
     implementation("com.sksamuel.aedile:aedile-core:3.0.1")
     implementation("io.github.oshai:kotlin-logging:7.0.13")
diff --git a/shared-internal/build.gradle.kts b/shared-internal/build.gradle.kts
index 4dfd1416a..b2f613717 100644
--- a/shared-internal/build.gradle.kts
+++ b/shared-internal/build.gradle.kts
@@ -14,7 +14,7 @@ dependencies {
     // we cannot use a BOM due to limitation in kotlin scripting when resolving the transitive KMM variant dependencies
     // note: see https://youtrack.jetbrains.com/issue/KT-67618
     api("io.ktor:ktor-client-core:3.3.3")
-    api("io.micrometer:micrometer-core:1.15.5")
+    api("io.micrometer:micrometer-core:1.16.1")
     implementation("io.ktor:ktor-client-cio:3.3.3")
     implementation("io.ktor:ktor-client-content-negotiation:3.3.3")
     implementation("io.ktor:ktor-client-logging:3.3.3")