diff --git a/compiler/crates/common/Cargo.toml b/compiler/crates/common/Cargo.toml
index c976fc1c12072..df6d4848f7100 100644
--- a/compiler/crates/common/Cargo.toml
+++ b/compiler/crates/common/Cargo.toml
@@ -18,5 +18,5 @@ md-5 = "0.10"
 rayon = "1.9.0"
 schemars = { version = "0.8.21", features = ["indexmap2"] }
 serde = { version = "1.0.185", features = ["derive", "rc"] }
-serde_json = { version = "1.0.125", features = ["float_roundtrip", "unbounded_depth"] }
+serde_json = { version = "1.0.132", features = ["float_roundtrip", "unbounded_depth"] }
 typetag = "0.2.15"
diff --git a/compiler/crates/intern/Cargo.toml b/compiler/crates/intern/Cargo.toml
index 29d4f2f11c2e8..2a2a3edb5b91a 100644
--- a/compiler/crates/intern/Cargo.toml
+++ b/compiler/crates/intern/Cargo.toml
@@ -24,4 +24,4 @@ smallvec = { version = "1.6.1", features = ["serde", "union"] }
 [dev-dependencies]
 bincode = "1.3.3"
 rand = { version = "0.8", features = ["small_rng"] }
-serde_json = { version = "1.0.125", features = ["float_roundtrip", "unbounded_depth"] }
+serde_json = { version = "1.0.132", features = ["float_roundtrip", "unbounded_depth"] }
diff --git a/compiler/crates/js-config-loader/Cargo.toml b/compiler/crates/js-config-loader/Cargo.toml
index b878fa917d048..2796fa2efd5e6 100644
--- a/compiler/crates/js-config-loader/Cargo.toml
+++ b/compiler/crates/js-config-loader/Cargo.toml
@@ -14,7 +14,7 @@ path = "tests/lib.rs"
 
 [dependencies]
 serde = { version = "1.0.185", features = ["derive", "rc"] }
-serde_json = { version = "1.0.125", features = ["float_roundtrip", "unbounded_depth"] }
+serde_json = { version = "1.0.132", features = ["float_roundtrip", "unbounded_depth"] }
 thiserror = "1.0.64"
 
 [dev-dependencies]
diff --git a/compiler/crates/persist-query/Cargo.toml b/compiler/crates/persist-query/Cargo.toml
index 4106fa2d9f507..7bd691f27e616 100644
--- a/compiler/crates/persist-query/Cargo.toml
+++ b/compiler/crates/persist-query/Cargo.toml
@@ -12,7 +12,7 @@ license = "MIT"
 hyper = { version = "0.14.26", features = ["client", "http1", "http2", "stream"] }
 hyper-tls = "0.5"
 serde = { version = "1.0.185", features = ["derive", "rc"] }
-serde_json = { version = "1.0.125", features = ["float_roundtrip", "unbounded_depth"] }
+serde_json = { version = "1.0.132", features = ["float_roundtrip", "unbounded_depth"] }
 thiserror = "1.0.64"
 url = "2.5.2"
 
diff --git a/compiler/crates/relay-compiler/Cargo.toml b/compiler/crates/relay-compiler/Cargo.toml
index 1cf8d0ceb4168..56640a27a6c1e 100644
--- a/compiler/crates/relay-compiler/Cargo.toml
+++ b/compiler/crates/relay-compiler/Cargo.toml
@@ -70,7 +70,7 @@ schema-validate-lib = { path = "../schema-validate" }
 schemars = { version = "0.8.21", features = ["indexmap2"] }
 serde = { version = "1.0.185", features = ["derive", "rc"] }
 serde_bser = "0.3"
-serde_json = { version = "1.0.125", features = ["float_roundtrip", "unbounded_depth"] }
+serde_json = { version = "1.0.132", features = ["float_roundtrip", "unbounded_depth"] }
 sha1 = "0.10.5"
 sha2 = "0.10.6"
 signedsource = { path = "../signedsource" }
diff --git a/compiler/crates/relay-config/Cargo.toml b/compiler/crates/relay-config/Cargo.toml
index d559d11630343..c9630a4f6391c 100644
--- a/compiler/crates/relay-config/Cargo.toml
+++ b/compiler/crates/relay-config/Cargo.toml
@@ -18,5 +18,5 @@ pathdiff = "0.2"
 regex = "1.9.2"
 schemars = { version = "0.8.21", features = ["indexmap2"] }
 serde = { version = "1.0.185", features = ["derive", "rc"] }
-serde_json = { version = "1.0.125", features = ["float_roundtrip", "unbounded_depth"] }
+serde_json = { version = "1.0.132", features = ["float_roundtrip", "unbounded_depth"] }
 strum = { version = "0.26.2", features = ["derive"] }
diff --git a/compiler/crates/relay-lsp/Cargo.toml b/compiler/crates/relay-lsp/Cargo.toml
index 936217bb61704..bd818e06fff39 100644
--- a/compiler/crates/relay-lsp/Cargo.toml
+++ b/compiler/crates/relay-lsp/Cargo.toml
@@ -43,7 +43,7 @@ schema-diff = { path = "../schema-diff" }
 schema-documentation = { path = "../schema-documentation" }
 schema-print = { path = "../schema-print" }
 serde = { version = "1.0.185", features = ["derive", "rc"] }
-serde_json = { version = "1.0.125", features = ["float_roundtrip", "unbounded_depth"] }
+serde_json = { version = "1.0.132", features = ["float_roundtrip", "unbounded_depth"] }
 tokio = { version = "1.41.0", features = ["full", "test-util", "tracing"] }
 
 [dev-dependencies]