diff --git a/.flowconfig b/.flowconfig
index 79733e4879ec67..6dfbef176dd1b8 100644
--- a/.flowconfig
+++ b/.flowconfig
@@ -81,4 +81,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.130.0
+^0.131.0
diff --git a/.flowconfig.android b/.flowconfig.android
index a12734b12768ad..a74bccbdac9f39 100644
--- a/.flowconfig.android
+++ b/.flowconfig.android
@@ -81,4 +81,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.130.0
+^0.131.0
diff --git a/package.json b/package.json
index 0b281bd544d055..0b434edd5b9d38 100644
--- a/package.json
+++ b/package.json
@@ -89,8 +89,8 @@
     "@react-native-community/cli-platform-android": "^4.10.0",
     "@react-native-community/cli-platform-ios": "^4.10.0",
     "@react-native/assets": "1.0.0",
-    "@react-native/polyfills": "1.0.0",
     "@react-native/normalize-color": "1.0.0",
+    "@react-native/polyfills": "1.0.0",
     "abort-controller": "^3.0.0",
     "anser": "^1.4.9",
     "base64-js": "^1.1.2",
@@ -141,15 +141,15 @@
     "eslint-plugin-react-hooks": "^4.0.7",
     "eslint-plugin-react-native": "3.8.1",
     "eslint-plugin-relay": "1.7.1",
-    "flow-bin": "^0.130.0",
+    "flow-bin": "^0.131.0",
     "jest": "^26.0.1",
     "jest-junit": "^10.0.0",
     "jscodeshift": "^0.9.0",
     "mkdirp": "^0.5.1",
     "prettier": "1.19.1",
     "react": "16.13.1",
-    "react-test-renderer": "16.13.1",
     "react-shallow-renderer": "16.13.1",
+    "react-test-renderer": "16.13.1",
     "shelljs": "^0.7.8",
     "signedsource": "^1.0.0",
     "ws": "^6.1.4",
diff --git a/template/_flowconfig b/template/_flowconfig
index a29f68767f02de..383a348deab647 100644
--- a/template/_flowconfig
+++ b/template/_flowconfig
@@ -68,4 +68,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.130.0
+^0.131.0
diff --git a/yarn.lock b/yarn.lock
index 05baef779c33ea..f51cf7ee61712c 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3279,10 +3279,10 @@ flatted@^2.0.0:
   resolved "https://registry.yarnpkg.com/flatted/-/flatted-2.0.2.tgz#4575b21e2bcee7434aa9be662f4b7b5f9c2b5138"
   integrity sha512-r5wGx7YeOwNWNlCA0wQ86zKyDLMQr+/RB8xy74M4hTphfmjlijTSSXGuH8rnvKZnfT9i+75zmd8jcKdMR4O6jA==
 
-flow-bin@^0.130.0:
-  version "0.130.0"
-  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.130.0.tgz#e25eaf891af96da371ff6a9fa99d709f24ce9252"
-  integrity sha512-1TSLwCPXvKPwiae7Fh+dpipCzwlHQ1UcBHfCpQImz+hsxYIUWkLWJWEm34bY6I7dSM4ekSiVeP02BhzVJGwtpw==
+flow-bin@^0.131.0:
+  version "0.131.0"
+  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.131.0.tgz#d4228b6070afdf3b2a76acdee77a7f3f8e8f5133"
+  integrity sha512-fZmoIBcDrtLhy/NNMxwJysSYzMr1ksRcAOMi3AHSoYXfcuQqTvhGJx+wqjlIOqIwz8RRYm8J4V4JrSJbIKP+Xg==
 
 flow-parser@0.*:
   version "0.89.0"