diff --git a/hack/tools.mk b/hack/tools.mk
index 29df27b4..c43d48ef 100644
--- a/hack/tools.mk
+++ b/hack/tools.mk
@@ -83,7 +83,7 @@ $(VGOPATH): $(call tool_version_file,$(VGOPATH),$(VGOPATH_VERSION))
 
 YQ := $(TOOLS_BIN_DIR)/yq
 # renovate: datasource=github-releases depName=mikefarah/yq
-YQ_VERSION ?= v4.45.4
+YQ_VERSION ?= v4.46.1
 $(YQ): $(call tool_version_file,$(YQ),$(YQ_VERSION))
 	curl -Lo $(YQ) https://github.com/mikefarah/yq/releases/download/$(YQ_VERSION)/yq_$(shell uname -s | tr '[:upper:]' '[:lower:]')_$(shell uname -m | sed 's/x86_64/amd64/;s/aarch64/arm64/')
 	chmod +x $(YQ)