diff --git a/dependencies.properties b/dependencies.properties
index 985a5bbae..6b539ed1d 100644
--- a/dependencies.properties
+++ b/dependencies.properties
@@ -25,7 +25,7 @@ version.gax_httpjson=0.104.4
 # with the sources.
 version.com_google_protobuf=3.21.7
 version.google_java_format=1.15.0
-version.io_grpc=1.50.1
+version.io_grpc=1.50.2
 
 # Maven artifacts.
 # Note, the actual name of each property matters (bazel build scripts depend on it).