diff --git a/.flowconfig b/.flowconfig
index 1fd1c1460dd11c..07539fc7ec488d 100644
--- a/.flowconfig
+++ b/.flowconfig
@@ -81,4 +81,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.125.0
+^0.126.1
diff --git a/.flowconfig.android b/.flowconfig.android
index 68cfd23878f66a..b1266c5f81c2e6 100644
--- a/.flowconfig.android
+++ b/.flowconfig.android
@@ -81,4 +81,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.125.0
+^0.126.1
diff --git a/package.json b/package.json
index 50a005fb07e877..be046f9d4ddc3f 100644
--- a/package.json
+++ b/package.json
@@ -139,7 +139,7 @@
     "eslint-plugin-react-hooks": "^3.0.0",
     "eslint-plugin-react-native": "3.8.1",
     "eslint-plugin-relay": "1.7.1",
-    "flow-bin": "^0.125.1",
+    "flow-bin": "^0.126.1",
     "jest": "^26.0.1",
     "jest-junit": "^10.0.0",
     "jscodeshift": "^0.9.0",
diff --git a/template/_flowconfig b/template/_flowconfig
index b208f68b5f5552..58f35f0a97b844 100644
--- a/template/_flowconfig
+++ b/template/_flowconfig
@@ -66,4 +66,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.125.0
+^0.126.1
diff --git a/yarn.lock b/yarn.lock
index a7a2a5d68dbfdb..e04f54a8cd8a71 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3255,10 +3255,10 @@ flatted@^2.0.0:
   resolved "https://registry.yarnpkg.com/flatted/-/flatted-2.0.2.tgz#4575b21e2bcee7434aa9be662f4b7b5f9c2b5138"
   integrity sha512-r5wGx7YeOwNWNlCA0wQ86zKyDLMQr+/RB8xy74M4hTphfmjlijTSSXGuH8rnvKZnfT9i+75zmd8jcKdMR4O6jA==
 
-flow-bin@^0.125.1:
-  version "0.125.1"
-  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.125.1.tgz#7edbc71e7dc39ddef18086ef75c714bbf1c5917f"
-  integrity sha512-jEury9NTXylxQEOAXLWEE945BjBwYcMwwKVnb+5XORNwMQE7i5hQYF0ysYfsaaYOa7rW/U16rHBfwLuaZfWV7A==
+flow-bin@^0.126.1:
+  version "0.126.1"
+  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.126.1.tgz#2726595e1891dc35b379b5994627432df4ead52c"
+  integrity sha512-RI05x7rVzruRVJQN3M4vLEjZMwUHJKhGz9FmL8HN7WiSo66/131EyJS6Vo8PkKyM2pgT9GRWfGP/tXlqS54XUg==
 
 flow-parser@0.*:
   version "0.89.0"