diff --git a/.flowconfig b/.flowconfig
index 59c61ae6d700db..376b90c338f215 100644
--- a/.flowconfig
+++ b/.flowconfig
@@ -90,4 +90,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.248.0
+^0.248.1
diff --git a/package.json b/package.json
index 99a3b5732bbee9..88fc77a30d4221 100644
--- a/package.json
+++ b/package.json
@@ -77,7 +77,7 @@
     "eslint-plugin-redundant-undefined": "^0.4.0",
     "eslint-plugin-relay": "^1.8.3",
     "flow-api-translator": "0.24.0",
-    "flow-bin": "^0.248.0",
+    "flow-bin": "^0.248.1",
     "glob": "^7.1.1",
     "hermes-eslint": "0.24.0",
     "hermes-transform": "0.24.0",
diff --git a/yarn.lock b/yarn.lock
index 4a3595a661d954..b77ad1f75f3fa0 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -4442,10 +4442,10 @@ flow-api-translator@0.24.0:
     hermes-transform "0.24.0"
     typescript "5.3.2"
 
-flow-bin@^0.248.0:
-  version "0.248.0"
-  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.248.0.tgz#4616db4f4ffeedac5e7e783628af1aebe7171e13"
-  integrity sha512-pUs6k5qFGjpP11xDf5ffr4+FmtVrmKe6JwHvzfKAwaMw54KumhWB3G2GKO5/tpr7HmFJ+tGII+nqrb3rqL0oAQ==
+flow-bin@^0.248.1:
+  version "0.248.1"
+  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.248.1.tgz#1d1e78ac8a1b8024dda5582b4832b605a00c16bd"
+  integrity sha512-WnISMV7p4rRY2LIMGnryR7Pnml9wFs0bTdniI1Dj2dXIJigOGfV74FjhMG7BmZkuKztNxlTvK56zpuhpcne+sg==
 
 flow-enums-runtime@^0.0.6:
   version "0.0.6"