diff --git a/first-party-dependencies/pom.xml b/first-party-dependencies/pom.xml
index 5ad46a1c..90b709f8 100644
--- a/first-party-dependencies/pom.xml
+++ b/first-party-dependencies/pom.xml
@@ -56,7 +56,7 @@
     <project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
     <site.installationModule>${project.artifactId}</site.installationModule>
 
-    <grpc.version>1.40.0</grpc.version>
+    <grpc.version>1.40.1</grpc.version>
     <gax.version>2.3.0</gax.version>
     <grpc-gcp.version>1.1.0</grpc-gcp.version>
     <guava.version>30.1.1-jre</guava.version>