diff --git a/.flowconfig b/.flowconfig
index 513c1c636d0..7e34e63192f 100644
--- a/.flowconfig
+++ b/.flowconfig
@@ -71,4 +71,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.175.1
+^0.176.0
diff --git a/.flowconfig.android b/.flowconfig.android
index 2413b61f5fc..35788776473 100644
--- a/.flowconfig.android
+++ b/.flowconfig.android
@@ -71,4 +71,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.175.1
+^0.176.0
diff --git a/Libraries/Utilities/ReactNativeTestTools.js b/Libraries/Utilities/ReactNativeTestTools.js
index c73267b905d..4c7bc91b419 100644
--- a/Libraries/Utilities/ReactNativeTestTools.js
+++ b/Libraries/Utilities/ReactNativeTestTools.js
@@ -17,6 +17,7 @@ const ShallowRenderer = require('react-shallow-renderer');
 /* $FlowFixMe[not-a-function] (>=0.125.1 site=react_native_fb) This comment
  * suppresses an error found when Flow v0.125.1 was deployed. To see the error,
  * delete this comment and run Flow. */
+// $FlowFixMe[invalid-constructor]
 const shallowRenderer = new ShallowRenderer();
 
 import type {ReactTestRenderer as ReactTestRendererType} from 'react-test-renderer';
diff --git a/package.json b/package.json
index d1ffafaca46..fb97a337e8b 100644
--- a/package.json
+++ b/package.json
@@ -126,7 +126,7 @@
     "ws": "^6.1.4"
   },
   "devDependencies": {
-    "flow-bin": "^0.175.1",
+    "flow-bin": "^0.176.0",
     "react": "18.0.0",
     "react-test-renderer": "^18.0.0"
   },
diff --git a/repo-config/package.json b/repo-config/package.json
index 4c23b61efd0..3463197ba3d 100644
--- a/repo-config/package.json
+++ b/repo-config/package.json
@@ -34,7 +34,7 @@
     "eslint-plugin-react-hooks": "^4.2.0",
     "eslint-plugin-react-native": "^3.11.0",
     "eslint-plugin-relay": "^1.8.2",
-    "flow-bin": "^0.175.1",
+    "flow-bin": "^0.176.0",
     "inquirer": "^7.1.0",
     "jest": "^26.6.3",
     "jest-junit": "^10.0.0",
diff --git a/template/_flowconfig b/template/_flowconfig
index 5c531aaa68c..d900c4b6d73 100644
--- a/template/_flowconfig
+++ b/template/_flowconfig
@@ -63,4 +63,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.175.1
+^0.176.0
diff --git a/yarn.lock b/yarn.lock
index 41a6880c654..dfb6d968334 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3221,10 +3221,10 @@ flatted@^3.1.0:
   resolved "https://registry.yarnpkg.com/flatted/-/flatted-3.2.2.tgz#64bfed5cb68fe3ca78b3eb214ad97b63bedce561"
   integrity sha512-JaTY/wtrcSyvXJl4IMFHPKyFur1sE9AUqc0QnhOaJ0CxHtAoIV8pYDzeEfAaNEtGkOfq4gr3LBFmdXW5mOQFnA==
 
-flow-bin@^0.175.1:
-  version "0.175.1"
-  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.175.1.tgz#72237070ba4f293f9e04113481e18929c1de50df"
-  integrity sha512-zMCP0BPa9BrfBSR7QTcyT/XBwzUbyLdNG0eXvBuNxfHCbMRkUzSceRoOaEZIw+R+GH0UHjVfUvPJ30hXxz1Nfw==
+flow-bin@^0.176.0:
+  version "0.176.0"
+  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.176.0.tgz#581419d683474dafa0c837c10d030665695ad1f8"
+  integrity sha512-wJvHjsv5nUXnL7aumLdpwDxnCtNG4ysSnGgUHoqKPwHbbLx9Of/7NGK54g3Wi82WsPk9wnSmSDFv0neItHAYug==
 
 flow-parser@0.*:
   version "0.163.0"