diff --git a/packages/react-native/gradle/libs.versions.toml b/packages/react-native/gradle/libs.versions.toml
index 86682f63e91..195527fc60f 100644
--- a/packages/react-native/gradle/libs.versions.toml
+++ b/packages/react-native/gradle/libs.versions.toml
@@ -17,7 +17,7 @@ assertj = "3.21.0"
 binary-compatibility-validator = "0.13.2"
 download = "5.4.0"
 fbjni = "0.7.0"
-fresco = "3.4.0"
+fresco = "3.5.0"
 infer-annotation = "0.18.0"
 javax-annotation-api = "1.3.2"
 javax-inject = "1"