diff --git a/.flowconfig b/.flowconfig
index f2833d1938d..2e51c7012f5 100644
--- a/.flowconfig
+++ b/.flowconfig
@@ -74,4 +74,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.188.0
+^0.188.1
diff --git a/.flowconfig.android b/.flowconfig.android
index 7ee1595c899..37c8fb02d22 100644
--- a/.flowconfig.android
+++ b/.flowconfig.android
@@ -74,4 +74,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.188.0
+^0.188.1
diff --git a/package.json b/package.json
index 40133e01e75..beb3969d46b 100644
--- a/package.json
+++ b/package.json
@@ -139,7 +139,7 @@
     "ws": "^6.1.4"
   },
   "devDependencies": {
-    "flow-bin": "^0.188.0",
+    "flow-bin": "^0.188.1",
     "hermes-eslint": "0.8.0",
     "react": "18.2.0",
     "react-test-renderer": "^18.2.0"
diff --git a/repo-config/package.json b/repo-config/package.json
index 006521eda17..4a9c5f1799b 100644
--- a/repo-config/package.json
+++ b/repo-config/package.json
@@ -36,7 +36,7 @@
     "eslint-plugin-react-hooks": "^4.6.0",
     "eslint-plugin-react-native": "^4.0.0",
     "eslint-plugin-relay": "^1.8.3",
-    "flow-bin": "^0.188.0",
+    "flow-bin": "^0.188.1",
     "inquirer": "^7.1.0",
     "jest": "^29.0.3",
     "jest-junit": "^10.0.0",
diff --git a/template/_flowconfig b/template/_flowconfig
index d73aa7f0431..b82fe7fe9ff 100644
--- a/template/_flowconfig
+++ b/template/_flowconfig
@@ -63,4 +63,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.188.0
+^0.188.1
diff --git a/yarn.lock b/yarn.lock
index 01eb914872b..7871c59803a 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -4651,10 +4651,10 @@ flatted@^3.1.0:
   resolved "https://registry.yarnpkg.com/flatted/-/flatted-3.2.2.tgz#64bfed5cb68fe3ca78b3eb214ad97b63bedce561"
   integrity sha512-JaTY/wtrcSyvXJl4IMFHPKyFur1sE9AUqc0QnhOaJ0CxHtAoIV8pYDzeEfAaNEtGkOfq4gr3LBFmdXW5mOQFnA==
 
-flow-bin@^0.188.0:
-  version "0.188.0"
-  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.188.0.tgz#5d6e2c918fdf1d1d1d083f739ad8812ecd6f0b46"
-  integrity sha512-VGCvufWjCQgbM+S2inUeq4mpU/cSAVKUrJFn0iQ+68dHnQdXUdDKd0Mtt18mToPgu3Dsxgi20529V5vlyzYKEQ==
+flow-bin@^0.188.1:
+  version "0.188.1"
+  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.188.1.tgz#1043ec955eec8cd402ec9fb4c49054bf14368c06"
+  integrity sha512-tQehbFoeXKz/MZqEClBB2ezuT1HHKoBlv6t8mAoUdFk1PaFhqcEmjx+1Bn0xygykrqHy0FY6C3z+AGleOnFbdQ==
 
 flow-parser@0.*:
   version "0.163.0"