diff --git a/react-native/ReactNativeFlipperExample/package.json b/react-native/ReactNativeFlipperExample/package.json
index 56e59e17cbc..79ba6a1230b 100644
--- a/react-native/ReactNativeFlipperExample/package.json
+++ b/react-native/ReactNativeFlipperExample/package.json
@@ -11,7 +11,7 @@
     "use-local-deps": "relative-deps"
   },
   "dependencies": {
-    "react": "^18.0.0",
+    "react": "^18.3.1",
     "react-native": "^0.69.7",
     "react-native-flipper": "^0.195.0",
     "react-native-windows": "^0.69.0"
diff --git a/react-native/ReactNativeFlipperExample/yarn.lock b/react-native/ReactNativeFlipperExample/yarn.lock
index eb553b0af73..c3a0b3641a8 100644
--- a/react-native/ReactNativeFlipperExample/yarn.lock
+++ b/react-native/ReactNativeFlipperExample/yarn.lock
@@ -6117,10 +6117,10 @@ react-test-renderer@18.2.0:
     react-shallow-renderer "^16.15.0"
     scheduler "^0.23.0"
 
-react@^18.0.0:
-  version "18.2.0"
-  resolved "https://registry.yarnpkg.com/react/-/react-18.2.0.tgz#555bd98592883255fa00de14f1151a917b5d77d5"
-  integrity sha512-/3IjMdb2L9QbBdWiW5e3P2/npwMBaU9mHCSCUzNln0ZCYbcfTsGbTJrU/kGemdH2IWmB2ioZ+zkxtmq6g09fGQ==
+react@^18.3.1:
+  version "18.3.1"
+  resolved "https://registry.yarnpkg.com/react/-/react-18.3.1.tgz#49ab892009c53933625bd16b2533fc754cab2891"
+  integrity sha512-wS+hAgJShR0KhEvPJArfuPVN1+Hz1t0Y6n5jLrGQbkb4urgPE/0Rve+1kMB1v/oWgHgm4WIcV+i7F2pTVj+2iQ==
   dependencies:
     loose-envify "^1.1.0"