diff --git a/conventions/build.gradle.kts b/conventions/build.gradle.kts
index 27692f26719c..13d5137146af 100644
--- a/conventions/build.gradle.kts
+++ b/conventions/build.gradle.kts
@@ -55,7 +55,7 @@ dependencies {
 
   // When updating, update above in plugins too
   implementation("com.diffplug.spotless:spotless-plugin-gradle:6.25.0")
-  implementation("com.google.guava:guava:33.3.0-jre")
+  implementation("com.google.guava:guava:33.3.1-jre")
   implementation("gradle.plugin.com.google.protobuf:protobuf-gradle-plugin:0.8.18")
   implementation("com.gradleup.shadow:shadow-gradle-plugin:8.3.2")
   implementation("org.apache.httpcomponents:httpclient:4.5.14")
diff --git a/dependencyManagement/build.gradle.kts b/dependencyManagement/build.gradle.kts
index c05a0ada7107..69e437683f40 100644
--- a/dependencyManagement/build.gradle.kts
+++ b/dependencyManagement/build.gradle.kts
@@ -29,7 +29,7 @@ val groovyVersion = "4.0.23"
 val DEPENDENCY_BOMS = listOf(
   "com.fasterxml.jackson:jackson-bom:2.17.2",
   "com.squareup.okio:okio-bom:3.9.1", // see https://github.com/open-telemetry/opentelemetry-java/issues/5637
-  "com.google.guava:guava-bom:33.3.0-jre",
+  "com.google.guava:guava-bom:33.3.1-jre",
   "org.apache.groovy:groovy-bom:${groovyVersion}",
   "io.opentelemetry:opentelemetry-bom:${otelSdkVersion}",
   "io.opentelemetry:opentelemetry-bom-alpha:${otelSdkAlphaVersion}",
diff --git a/gradle-plugins/build.gradle.kts b/gradle-plugins/build.gradle.kts
index 6d81035db17f..6a74b1f19990 100644
--- a/gradle-plugins/build.gradle.kts
+++ b/gradle-plugins/build.gradle.kts
@@ -28,7 +28,7 @@ val byteBuddyVersion = "1.15.1"
 val aetherVersion = "1.1.0"
 
 dependencies {
-  implementation("com.google.guava:guava:33.3.0-jre")
+  implementation("com.google.guava:guava:33.3.1-jre")
   // we need to use byte buddy variant that does not shade asm
   implementation("net.bytebuddy:byte-buddy-gradle-plugin:${byteBuddyVersion}") {
     exclude(group = "net.bytebuddy", module = "byte-buddy")