diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index 833113d1b5f..8998dd74682 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -16,7 +16,7 @@ commons-text = "1.13.0"
 # confluent and confluent-kafak-clients should be kept in-sync
 confluent = "7.6.0"
 confluent-kafka-clients = "7.6.0-ccs"
-dagger = "2.53.1"
+dagger = "2.54"
 deephaven-barrage = "0.7.2"
 deephaven-csv = "0.15.0"
 deephaven-hash = "0.1.0"