diff --git a/gapic-generator-java-pom-parent/pom.xml b/gapic-generator-java-pom-parent/pom.xml
index 19dfbdabc2..d4052024a9 100644
--- a/gapic-generator-java-pom-parent/pom.xml
+++ b/gapic-generator-java-pom-parent/pom.xml
@@ -26,7 +26,7 @@
     <!-- External dependencies, especially gRPC and Protobuf version, should be
         consistent across modules in this repository -->
     <javax.annotation-api.version>1.3.2</javax.annotation-api.version>
-    <grpc.version>1.58.0</grpc.version>
+    <grpc.version>1.59.0</grpc.version>
     <google.auth.version>1.20.0</google.auth.version>
     <google.http-client.version>1.43.3</google.http-client.version>
     <gson.version>2.10.1</gson.version>
diff --git a/gax-java/dependencies.properties b/gax-java/dependencies.properties
index 62df396042..458f37228f 100644
--- a/gax-java/dependencies.properties
+++ b/gax-java/dependencies.properties
@@ -28,7 +28,7 @@ version.gax_httpjson=2.36.1-SNAPSHOT
 
 version.com_google_protobuf=3.24.4
 version.google_java_format=1.15.0
-version.io_grpc=1.58.0
+version.io_grpc=1.59.0
 
 # Maven artifacts.
 # Note, the actual name of each property matters (bazel build scripts depend on it).