diff --git a/dependencyManagement/build.gradle.kts b/dependencyManagement/build.gradle.kts
index abbbe286f..12f427961 100644
--- a/dependencyManagement/build.gradle.kts
+++ b/dependencyManagement/build.gradle.kts
@@ -11,7 +11,7 @@ val otelContribAlphaVersion = "1.49.0-alpha"
 val autoValueVersion = "1.11.1"
 val dockerJavaVersion = "3.7.0"
 val mockitoVersion = "5.20.0"
-val protobufVersion = "4.33.0"
+val protobufVersion = "4.33.1"
 val slf4jVersion = "2.0.17"
 
 // instrumentation version is used to compute Implementation-Version manifest attribute
diff --git a/licenses/licenses.md b/licenses/licenses.md
index af1b05b9e..2a12fef3a 100644
--- a/licenses/licenses.md
+++ b/licenses/licenses.md
@@ -1,7 +1,7 @@
 
 # splunk-otel-javaagent
 ## Dependency License Report
-_2025-10-31 10:09:54 EET_
+_2025-11-14 08:45:30 CET_
 ## Apache License, Version 2.0
 
 **1** **Group:** `com.squareup.okhttp3` **Name:** `okhttp` **Version:** `5.3.0` 
@@ -138,7 +138,7 @@ _2025-10-31 10:09:54 EET_
 
 ## The 3-Clause BSD License
 
-**31** **Group:** `com.google.protobuf` **Name:** `protobuf-java` **Version:** `4.33.0` 
+**31** **Group:** `com.google.protobuf` **Name:** `protobuf-java` **Version:** `4.33.1` 
 > - **Manifest Project URL**: [https://developers.google.com/protocol-buffers/](https://developers.google.com/protocol-buffers/)
 > - **Manifest License**: The 3-Clause BSD License (Not Packaged)
 > - **POM License**: The 3-Clause BSD License - [https://opensource.org/licenses/BSD-3-Clause](https://opensource.org/licenses/BSD-3-Clause)