diff --git a/.flowconfig b/.flowconfig
index 428b5207bc46c3..1c776c8065b471 100644
--- a/.flowconfig
+++ b/.flowconfig
@@ -85,4 +85,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.121.0
+^0.122.0
diff --git a/.flowconfig.android b/.flowconfig.android
index f2345391df5aac..cb37da2887626a 100644
--- a/.flowconfig.android
+++ b/.flowconfig.android
@@ -85,4 +85,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.121.0
+^0.122.0
diff --git a/Libraries/Utilities/ReactNativeTestTools.js b/Libraries/Utilities/ReactNativeTestTools.js
index 8ea11c8579b27d..cd018a6fc5e3cc 100644
--- a/Libraries/Utilities/ReactNativeTestTools.js
+++ b/Libraries/Utilities/ReactNativeTestTools.js
@@ -16,8 +16,9 @@ const React = require('react');
 
 const ReactTestRenderer = require('react-test-renderer');
 const ShallowRenderer = require('react-test-renderer/shallow');
-/* $FlowFixMe(>=0.120.0) This comment suppresses an error found when Flow
- * v0.120 was deployed. To see the error, delete this comment and run Flow. */
+/* $FlowFixMe(>=0.122.0 site=react_native_fb) This comment suppresses an error
+ * found when Flow v0.122.0 was deployed. To see the error, delete this comment
+ * and run Flow. */
 const shallowRenderer = new ShallowRenderer();
 
 import type {ReactTestRenderer as ReactTestRendererType} from 'react-test-renderer';
@@ -27,8 +28,9 @@ export type ReactTestInstance = $PropertyType<ReactTestRendererType, 'root'>;
 export type Predicate = (node: ReactTestInstance) => boolean;
 
 type $ReturnType<Fn> = $Call<<Ret, A>((...A) => Ret) => Ret, Fn>;
-/* $FlowFixMe(>=0.120.0) This comment suppresses an error found when Flow
- * v0.120 was deployed. To see the error, delete this comment and run Flow. */
+/* $FlowFixMe(>=0.122.0 site=react_native_fb) This comment suppresses an error
+ * found when Flow v0.122.0 was deployed. To see the error, delete this comment
+ * and run Flow. */
 export type ReactTestRendererJSON = $ReturnType<ReactTestRenderer.create.toJSON>;
 
 const {
@@ -54,13 +56,13 @@ function byClickable(): Predicate {
       // HACK: Find components that use `Pressability`.
       node.instance?.state?.pressability != null ||
       // TODO: Remove this after deleting `Touchable`.
-      /* $FlowFixMe(>=0.120.0) This comment suppresses an error found when Flow
-       * v0.120 was deployed. To see the error, delete this comment and run
-       * Flow. */
+      /* $FlowFixMe(>=0.122.0 site=react_native_fb) This comment suppresses an
+       * error found when Flow v0.122.0 was deployed. To see the error, delete
+       * this comment and run Flow. */
       (node.instance &&
-        /* $FlowFixMe(>=0.120.0) This comment suppresses an error found when
-         * Flow v0.120 was deployed. To see the error, delete this comment and
-         * run Flow. */
+        /* $FlowFixMe(>=0.122.0 site=react_native_fb) This comment suppresses
+         * an error found when Flow v0.122.0 was deployed. To see the error,
+         * delete this comment and run Flow. */
         typeof node.instance.touchableHandlePress === 'function'),
     'is clickable',
   );
@@ -75,9 +77,9 @@ function byTestID(testID: string): Predicate {
 
 function byTextMatching(regex: RegExp): Predicate {
   return withMessage(
-    /* $FlowFixMe(>=0.120.0) This comment suppresses an error found when Flow
-     * v0.120 was deployed. To see the error, delete this comment and run Flow.
-     */
+    /* $FlowFixMe(>=0.122.0 site=react_native_fb) This comment suppresses an
+     * error found when Flow v0.122.0 was deployed. To see the error, delete
+     * this comment and run Flow. */
     node => node.props && regex.exec(node.props.children),
     `text content matches ${regex.toString()}`,
   );
diff --git a/Libraries/Utilities/registerGeneratedViewConfig.js b/Libraries/Utilities/registerGeneratedViewConfig.js
index 7ce2c2f01f39de..947b3b06642b72 100644
--- a/Libraries/Utilities/registerGeneratedViewConfig.js
+++ b/Libraries/Utilities/registerGeneratedViewConfig.js
@@ -50,25 +50,25 @@ function registerGeneratedViewConfig(
   const mergedViewConfig = {
     uiViewClassName: componentName,
     Commands: {},
+    /* $FlowFixMe(>=0.122.0 site=react_native_fb) This comment suppresses an
+     * error found when Flow v0.122.0 was deployed. To see the error, delete
+     * this comment and run Flow. */
     bubblingEventTypes: {
       ...ReactNativeViewViewConfig.bubblingEventTypes,
-      /* $FlowFixMe(>=0.111.0 site=react_native_fb) This comment suppresses an
-       * error found when Flow v0.111 was deployed. To see the error, delete
-       * this comment and run Flow. */
       ...(viewConfig.bubblingEventTypes || {}),
     },
+    /* $FlowFixMe(>=0.122.0 site=react_native_fb) This comment suppresses an
+     * error found when Flow v0.122.0 was deployed. To see the error, delete
+     * this comment and run Flow. */
     directEventTypes: {
       ...ReactNativeViewViewConfig.directEventTypes,
-      /* $FlowFixMe(>=0.111.0 site=react_native_fb) This comment suppresses an
-       * error found when Flow v0.111 was deployed. To see the error, delete
-       * this comment and run Flow. */
       ...(viewConfig.directEventTypes || {}),
     },
+    /* $FlowFixMe(>=0.122.0 site=react_native_fb) This comment suppresses an
+     * error found when Flow v0.122.0 was deployed. To see the error, delete
+     * this comment and run Flow. */
     validAttributes: {
       ...ReactNativeViewViewConfig.validAttributes,
-      /* $FlowFixMe(>=0.111.0 site=react_native_fb) This comment suppresses an
-       * error found when Flow v0.111 was deployed. To see the error, delete
-       * this comment and run Flow. */
       ...(viewConfig.validAttributes || {}),
     },
   };
diff --git a/RNTester/js/examples/TextInput/TextInputExample.android.js b/RNTester/js/examples/TextInput/TextInputExample.android.js
index 6306cd603871d9..8c7020f02ccc74 100644
--- a/RNTester/js/examples/TextInput/TextInputExample.android.js
+++ b/RNTester/js/examples/TextInput/TextInputExample.android.js
@@ -99,6 +99,9 @@ class AutogrowingTextInputExample extends React.Component<{...}> {
           onValueChange={value => this.setState({multiline: value})}
         />
         <Text>TextInput:</Text>
+        {/* $FlowFixMe(>=0.122.0 site=react_native_android_fb) This comment
+         * suppresses an error found when Flow v0.122.0 was deployed. To see
+         * the error, delete this comment and run Flow. */}
         <TextInput
           /* $FlowFixMe(>=0.78.0 site=react_native_android_fb) This issue was
            * found when making Flow check .android.js files. */
@@ -114,8 +117,6 @@ class AutogrowingTextInputExample extends React.Component<{...}> {
              * found when making Flow check .android.js files. */
             this.setState({contentSize: event.nativeEvent.contentSize})
           }
-          /* $FlowFixMe(>=0.78.0 site=react_native_android_fb) This issue was
-           * found when making Flow check .android.js files. */
           {...props}
         />
         <Text>Plain text value representation:</Text>
diff --git a/RNTester/js/examples/TurboModule/SampleTurboModuleExample.js b/RNTester/js/examples/TurboModule/SampleTurboModuleExample.js
index 8d13df63c26dff..eae564aa3a21cc 100644
--- a/RNTester/js/examples/TurboModule/SampleTurboModuleExample.js
+++ b/RNTester/js/examples/TurboModule/SampleTurboModuleExample.js
@@ -70,10 +70,10 @@ class SampleTurboModuleExample extends React.Component<{||}, State> {
 
   _setResult(name, result) {
     this.setState(({testResults}) => ({
+      /* $FlowFixMe(>=0.122.0 site=react_native_fb) This comment suppresses an
+       * error found when Flow v0.122.0 was deployed. To see the error, delete
+       * this comment and run Flow. */
       testResults: {
-        /* $FlowFixMe(>=0.111.0 site=react_native_fb) This comment suppresses
-         * an error found when Flow v0.111 was deployed. To see the error,
-         * delete this comment and run Flow. */
         ...testResults,
         /* $FlowFixMe(>=0.111.0 site=react_native_fb) This comment suppresses
          * an error found when Flow v0.111 was deployed. To see the error,
diff --git a/jest/renderer.js b/jest/renderer.js
index e148b519223b7b..e9f0cde6c4ad10 100644
--- a/jest/renderer.js
+++ b/jest/renderer.js
@@ -15,8 +15,9 @@ const React = require('react');
 const ShallowRenderer = require('react-test-renderer/shallow');
 const TestRenderer = require('react-test-renderer');
 
-/* $FlowFixMe(>=0.120.0) This comment suppresses an error found when Flow
- * v0.120 was deployed. To see the error, delete this comment and run Flow. */
+/* $FlowFixMe(>=0.122.0 site=react_native_fb) This comment suppresses an error
+ * found when Flow v0.122.0 was deployed. To see the error, delete this comment
+ * and run Flow. */
 const renderer = new ShallowRenderer();
 
 export const shallow = (Component: React.Element<any>): any => {
diff --git a/package.json b/package.json
index 15b539acd576e4..a7c5f920f7812b 100644
--- a/package.json
+++ b/package.json
@@ -138,7 +138,7 @@
     "eslint-plugin-react-hooks": "^3.0.0",
     "eslint-plugin-react-native": "3.8.1",
     "eslint-plugin-relay": "1.7.0",
-    "flow-bin": "^0.121.0",
+    "flow-bin": "^0.122.0",
     "flow-remove-types": "1.2.3",
     "jest": "^24.9.0",
     "jest-junit": "^6.3.0",
diff --git a/template/_flowconfig b/template/_flowconfig
index 6a4a358c7e6d10..b274ad1d6762f4 100644
--- a/template/_flowconfig
+++ b/template/_flowconfig
@@ -70,4 +70,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.121.0
+^0.122.0
diff --git a/yarn.lock b/yarn.lock
index 295793f27e3d85..9dc1fd5552f9ba 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3530,10 +3530,10 @@ flat-cache@^1.2.1:
     rimraf "~2.6.2"
     write "^0.2.1"
 
-flow-bin@^0.121.0:
-  version "0.121.0"
-  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.121.0.tgz#e206bdc3d510277f9a847920540f72c49e87c130"
-  integrity sha512-QYRMs+AoMLj/OTaSo9+8c3kzM/u8YgvfrInp0qzhtzC02Sc2jb3BV/QZWZGjPo+XK3twyyqXrcI3s8MuL1UQRg==
+flow-bin@^0.122.0:
+  version "0.122.0"
+  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.122.0.tgz#c723a2b33b1a70bd10204704ae1dc776d5d89d79"
+  integrity sha512-my8N5jgl/A+UVby9E7NDppHdhLgRbWgKbmFZSx2MSYMRh3d9YGnM2MM+wexpUpl0ftY1IM6ZcUwaAhrypLyvlA==
 
 flow-parser@0.*:
   version "0.89.0"