diff --git a/go.mod b/go.mod
index 8fe5d40b3d..1cc154445f 100644
--- a/go.mod
+++ b/go.mod
@@ -64,7 +64,7 @@ require (
 	github.com/grafana/jfr-parser/pprof v0.0.0-20240126072739-986e71dc0361
 	github.com/grafana/jsonparser v0.0.0-20240209175146-098958973a2d
 	github.com/grafana/kafka_exporter v0.0.0-20240409084445-5e3488ad9f9a
-	github.com/grafana/loki v1.6.2-0.20240221085104-f9d188620153 // k190 branch
+	github.com/grafana/loki v1.6.2-0.20240510183741-cef4c2826b4b // k190 branch
 	github.com/grafana/loki/pkg/push v0.0.0-20231212100434-384e5c2dc872 // k180 branch
 	github.com/grafana/pyroscope-go/godeltaprof v0.1.7
 	github.com/grafana/pyroscope/api v0.4.0
diff --git a/go.sum b/go.sum
index 81107247e8..c0b7f8c4cb 100644
--- a/go.sum
+++ b/go.sum
@@ -1052,8 +1052,8 @@ github.com/grafana/jsonparser v0.0.0-20240209175146-098958973a2d h1:YwbJJ/PrVWVd
 github.com/grafana/jsonparser v0.0.0-20240209175146-098958973a2d/go.mod h1:796sq+UcONnSlzA3RtlBZ+b/hrerkZXiEmO8oMjyRwY=
 github.com/grafana/kafka_exporter v0.0.0-20240409084445-5e3488ad9f9a h1:jqM4NNdx8LSquKo8bPx+XWn91S2b+sgNvEcFfSJQtHY=
 github.com/grafana/kafka_exporter v0.0.0-20240409084445-5e3488ad9f9a/go.mod h1:ZXGGyeTUMenf/H1CDBK9lv3azjswfa0nVzLoQAYmnDc=
-github.com/grafana/loki v1.6.2-0.20240221085104-f9d188620153 h1:C191g5Ls8lIf9lkJEoScTQgoVDwUdK4HXKP5XtL+zAM=
-github.com/grafana/loki v1.6.2-0.20240221085104-f9d188620153/go.mod h1:j2XCl3SmslPf+3Vs7uyoaJE/QkmUlL9JzTBTShSOSiU=
+github.com/grafana/loki v1.6.2-0.20240510183741-cef4c2826b4b h1:x5JsSnExxRl9kTMNqHebMCv0fn+V1+T16z7Tgz6xYf4=
+github.com/grafana/loki v1.6.2-0.20240510183741-cef4c2826b4b/go.mod h1:j2XCl3SmslPf+3Vs7uyoaJE/QkmUlL9JzTBTShSOSiU=
 github.com/grafana/loki/pkg/push v0.0.0-20231212100434-384e5c2dc872 h1:6kPX7bngjBgUlHqADwZ6249UtzMaoQW5n0H8bOtnYeM=
 github.com/grafana/loki/pkg/push v0.0.0-20231212100434-384e5c2dc872/go.mod h1:f3JSoxBTPXX5ec4FxxeC19nTBSxoTz+cBgS3cYLMcr0=
 github.com/grafana/mysqld_exporter v0.12.2-0.20231005125903-364b9c41e595 h1:I9sRknI5ajd8whPOX0nBDXy5B6xUfhItClMy+6R4oqE=
diff --git a/internal/component/loki/process/metric/metricvec.go b/internal/component/loki/process/metric/metricvec.go
index d1a8d69399..d09cc53e35 100644
--- a/internal/component/loki/process/metric/metricvec.go
+++ b/internal/component/loki/process/metric/metricvec.go
@@ -86,6 +86,12 @@ func (c *metricVec) Delete(labels model.LabelSet) bool {
 	return ok
 }
 
+func (c *metricVec) DeleteAll() {
+	c.mtx.Lock()
+	defer c.mtx.Unlock()
+	c.metrics = map[model.Fingerprint]prometheus.Metric{}
+}
+
 // prune will remove all metrics which implement the Expirable interface and have expired
 // it does not take out a lock on the metrics map so whoever calls this function should do so.
 func (c *metricVec) prune() {
diff --git a/internal/component/loki/process/stages/decolorize.go b/internal/component/loki/process/stages/decolorize.go
index 26356ef155..33f365934b 100644
--- a/internal/component/loki/process/stages/decolorize.go
+++ b/internal/component/loki/process/stages/decolorize.go
@@ -35,3 +35,8 @@ func (m *decolorizeStage) Run(in chan Entry) chan Entry {
 func (m *decolorizeStage) Name() string {
 	return StageTypeDecolorize
 }
+
+// Cleanup implements Stage.
+func (*decolorizeStage) Cleanup() {
+	// no-op
+}
diff --git a/internal/component/loki/process/stages/drop.go b/internal/component/loki/process/stages/drop.go
index fae4c4559e..5be08b468d 100644
--- a/internal/component/loki/process/stages/drop.go
+++ b/internal/component/loki/process/stages/drop.go
@@ -222,3 +222,8 @@ func splitSource(s string) []string {
 func (m *dropStage) Name() string {
 	return StageTypeDrop
 }
+
+// Cleanup implements Stage.
+func (*dropStage) Cleanup() {
+	// no-op
+}
diff --git a/internal/component/loki/process/stages/eventlogmessage.go b/internal/component/loki/process/stages/eventlogmessage.go
index 08a35679e2..986eabf20a 100644
--- a/internal/component/loki/process/stages/eventlogmessage.go
+++ b/internal/component/loki/process/stages/eventlogmessage.go
@@ -116,6 +116,11 @@ func (m *eventLogMessageStage) Name() string {
 	return StageTypeEventLogMessage
 }
 
+// Cleanup implements Stage.
+func (*eventLogMessageStage) Cleanup() {
+	// no-op
+}
+
 // Sanitize a input string to convert it into a valid prometheus label
 // TODO: switch to prometheus/prometheus/util/strutil/SanitizeFullLabelName
 func SanitizeFullLabelName(input string) string {
diff --git a/internal/component/loki/process/stages/extensions.go b/internal/component/loki/process/stages/extensions.go
index 3038048cf7..51262210ec 100644
--- a/internal/component/loki/process/stages/extensions.go
+++ b/internal/component/loki/process/stages/extensions.go
@@ -100,6 +100,11 @@ func (c *cri) Name() string {
 	return StageTypeCRI
 }
 
+// Cleanup implements Stage.
+func (*cri) Cleanup() {
+	// no-op
+}
+
 // implements Stage interface
 func (c *cri) Run(entry chan Entry) chan Entry {
 	entry = c.base.Run(entry)
diff --git a/internal/component/loki/process/stages/geoip.go b/internal/component/loki/process/stages/geoip.go
index 664dc5924b..7c8f43319b 100644
--- a/internal/component/loki/process/stages/geoip.go
+++ b/internal/component/loki/process/stages/geoip.go
@@ -147,6 +147,11 @@ func (g *geoIPStage) Name() string {
 	return StageTypeGeoIP
 }
 
+// Cleanup implements Stage.
+func (*geoIPStage) Cleanup() {
+	// no-op
+}
+
 func (g *geoIPStage) process(_ model.LabelSet, extracted map[string]interface{}) {
 	var ip net.IP
 	if g.cfgs.Source != nil {
diff --git a/internal/component/loki/process/stages/json.go b/internal/component/loki/process/stages/json.go
index 026f9ebd7b..6624b0098c 100644
--- a/internal/component/loki/process/stages/json.go
+++ b/internal/component/loki/process/stages/json.go
@@ -174,3 +174,8 @@ func (j *jsonStage) processEntry(extracted map[string]interface{}, entry *string
 func (j *jsonStage) Name() string {
 	return StageTypeJSON
 }
+
+// Cleanup implements Stage.
+func (*jsonStage) Cleanup() {
+	// no-op
+}
diff --git a/internal/component/loki/process/stages/limit.go b/internal/component/loki/process/stages/limit.go
index 9a7ebe5fb7..dccaf740d6 100644
--- a/internal/component/loki/process/stages/limit.go
+++ b/internal/component/loki/process/stages/limit.go
@@ -130,6 +130,11 @@ func (m *limitStage) Name() string {
 	return StageTypeLimit
 }
 
+// Cleanup implements Stage.
+func (*limitStage) Cleanup() {
+	// no-op
+}
+
 func getDropCountByLabelMetric(registerer prometheus.Registerer) *prometheus.CounterVec {
 	return registerCounterVec(registerer, "loki_process", "dropped_lines_by_label_total",
 		"A count of all log lines dropped as a result of a pipeline stage",
diff --git a/internal/component/loki/process/stages/match.go b/internal/component/loki/process/stages/match.go
index 3a06634670..2ed999638c 100644
--- a/internal/component/loki/process/stages/match.go
+++ b/internal/component/loki/process/stages/match.go
@@ -196,3 +196,8 @@ func (m *matcherStage) processLogQL(e Entry) (Entry, bool) {
 func (m *matcherStage) Name() string {
 	return StageTypeMatch
 }
+
+// Cleanup implements Stage.
+func (*matcherStage) Cleanup() {
+	// no-op
+}
diff --git a/internal/component/loki/process/stages/metric.go b/internal/component/loki/process/stages/metric.go
index e364bf9ca6..2d05c4f006 100644
--- a/internal/component/loki/process/stages/metric.go
+++ b/internal/component/loki/process/stages/metric.go
@@ -104,11 +104,11 @@ func newMetricStage(logger log.Logger, config MetricsConfig, registry prometheus
 			return nil, fmt.Errorf("undefined stage type in '%v', exiting", cfg)
 		}
 	}
-	return toStage(&metricStage{
+	return &metricStage{
 		logger:  logger,
 		cfg:     config,
 		metrics: metrics,
-	}), nil
+	}, nil
 }
 
 // metricStage creates and updates prometheus metrics based on extracted pipeline data
@@ -118,6 +118,19 @@ type metricStage struct {
 	metrics map[string]cfgCollector
 }
 
+func (m *metricStage) Run(in chan Entry) chan Entry {
+	out := make(chan Entry)
+	go func() {
+		defer close(out)
+
+		for e := range in {
+			m.Process(e.Labels, e.Extracted, &e.Timestamp, &e.Line)
+			out <- e
+		}
+	}()
+	return out
+}
+
 // Process implements Stage
 func (m *metricStage) Process(labels model.LabelSet, extracted map[string]interface{}, t *time.Time, entry *string) {
 	for name, cc := range m.metrics {
@@ -162,6 +175,20 @@ func (m *metricStage) Name() string {
 	return StageTypeMetric
 }
 
+// Cleanup implements Stage.
+func (m *metricStage) Cleanup() {
+	for _, cfgCollector := range m.metrics {
+		switch vec := cfgCollector.collector.(type) {
+		case *metric.Counters:
+			vec.DeleteAll()
+		case *metric.Gauges:
+			vec.DeleteAll()
+		case *metric.Histograms:
+			vec.DeleteAll()
+		}
+	}
+}
+
 // recordCounter will update a counter metric
 func (m *metricStage) recordCounter(name string, counter *metric.Counters, labels model.LabelSet, v interface{}) {
 	// If value matching is defined, make sure value matches.
diff --git a/internal/component/loki/process/stages/metric_test.go b/internal/component/loki/process/stages/metric_test.go
index 9bc1747faf..fb5452a648 100644
--- a/internal/component/loki/process/stages/metric_test.go
+++ b/internal/component/loki/process/stages/metric_test.go
@@ -121,6 +121,13 @@ func TestMetricsPipeline(t *testing.T) {
 		strings.NewReader(expectedMetrics)); err != nil {
 		t.Fatalf("mismatch metrics: %v", err)
 	}
+
+	pl.Cleanup()
+
+	if err := testutil.GatherAndCompare(registry,
+		strings.NewReader("")); err != nil {
+		t.Fatalf("mismatch metrics: %v", err)
+	}
 }
 
 func TestNegativeGauge(t *testing.T) {
diff --git a/internal/component/loki/process/stages/multiline.go b/internal/component/loki/process/stages/multiline.go
index d0853a00e5..1015d9e59e 100644
--- a/internal/component/loki/process/stages/multiline.go
+++ b/internal/component/loki/process/stages/multiline.go
@@ -205,3 +205,8 @@ func (m *multilineStage) flush(out chan Entry, s *multilineState) {
 func (m *multilineStage) Name() string {
 	return StageTypeMultiline
 }
+
+// Cleanup implements Stage.
+func (*multilineStage) Cleanup() {
+	// no-op
+}
diff --git a/internal/component/loki/process/stages/pack.go b/internal/component/loki/process/stages/pack.go
index a8cd50ca09..7b03afe945 100644
--- a/internal/component/loki/process/stages/pack.go
+++ b/internal/component/loki/process/stages/pack.go
@@ -197,3 +197,8 @@ func (m *packStage) pack(e Entry) Entry {
 func (m *packStage) Name() string {
 	return StageTypePack
 }
+
+// Cleanup implements Stage.
+func (*packStage) Cleanup() {
+	// no-op
+}
diff --git a/internal/component/loki/process/stages/pipeline.go b/internal/component/loki/process/stages/pipeline.go
index 12311417a1..043e16cce6 100644
--- a/internal/component/loki/process/stages/pipeline.go
+++ b/internal/component/loki/process/stages/pipeline.go
@@ -144,6 +144,13 @@ func (p *Pipeline) Name() string {
 	return StageTypePipeline
 }
 
+// Cleanup implements Stage.
+func (p *Pipeline) Cleanup() {
+	for _, s := range p.stages {
+		s.Cleanup()
+	}
+}
+
 // Wrap implements EntryMiddleware
 func (p *Pipeline) Wrap(next loki.EntryHandler) loki.EntryHandler {
 	handlerIn := make(chan loki.Entry)
@@ -181,6 +188,7 @@ func (p *Pipeline) Wrap(next loki.EntryHandler) loki.EntryHandler {
 	return loki.NewEntryHandler(handlerIn, func() {
 		once.Do(func() { close(handlerIn) })
 		wg.Wait()
+		p.Cleanup()
 	})
 }
 
diff --git a/internal/component/loki/process/stages/sampling.go b/internal/component/loki/process/stages/sampling.go
index d2ef316535..a7b12d3e2e 100644
--- a/internal/component/loki/process/stages/sampling.go
+++ b/internal/component/loki/process/stages/sampling.go
@@ -100,3 +100,8 @@ func (m *samplingStage) randomNumber() uint64 {
 func (m *samplingStage) Name() string {
 	return StageTypeSampling
 }
+
+// Cleanup implements Stage.
+func (*samplingStage) Cleanup() {
+	// no-op
+}
diff --git a/internal/component/loki/process/stages/stage.go b/internal/component/loki/process/stages/stage.go
index 203d924503..3787daabac 100644
--- a/internal/component/loki/process/stages/stage.go
+++ b/internal/component/loki/process/stages/stage.go
@@ -61,6 +61,7 @@ type Entry struct {
 type Stage interface {
 	Name() string
 	Run(chan Entry) chan Entry
+	Cleanup()
 }
 
 func (entry *Entry) copy() *Entry {
@@ -243,3 +244,8 @@ func New(logger log.Logger, jobName *string, cfg StageConfig, registerer prometh
 	}
 	return s, nil
 }
+
+// Cleanup implements Stage.
+func (*stageProcessor) Cleanup() {
+	// no-op
+}
diff --git a/internal/component/loki/process/stages/structured_metadata.go b/internal/component/loki/process/stages/structured_metadata.go
index abaee55245..256bbb6df3 100644
--- a/internal/component/loki/process/stages/structured_metadata.go
+++ b/internal/component/loki/process/stages/structured_metadata.go
@@ -27,6 +27,11 @@ func (s *structuredMetadataStage) Name() string {
 	return StageTypeStructuredMetadata
 }
 
+// Cleanup implements Stage.
+func (*structuredMetadataStage) Cleanup() {
+	// no-op
+}
+
 func (s *structuredMetadataStage) Run(in chan Entry) chan Entry {
 	return RunWith(in, func(e Entry) Entry {
 		processLabelsConfigs(s.logger, e.Extracted, s.cfgs, func(labelName model.LabelName, labelValue model.LabelValue) {