diff --git a/Gemfile.lock b/Gemfile.lock
index 7fed649f200..193704cb6ba 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -32,7 +32,7 @@ PATH
       psych (~> 5.0)
       sorbet-runtime (~> 0.5.11178)
       stackprof (~> 0.2.16)
-      toml-rb (>= 1.1.2, < 3.0)
+      toml-rb (>= 1.1.2, < 4.0)
 
 PATH
   remote: composer
@@ -339,8 +339,9 @@ GEM
     terminal-table (3.0.2)
       unicode-display_width (>= 1.1.1, < 3)
     thor (1.3.1)
-    toml-rb (2.2.0)
+    toml-rb (3.0.1)
       citrus (~> 3.0, > 3.0)
+      racc (~> 1.7)
     turbo_tests (2.2.0)
       parallel_tests (>= 3.3.0, < 5)
       rspec (>= 3.10)
diff --git a/common/dependabot-common.gemspec b/common/dependabot-common.gemspec
index 5d002925d12..0b81151469b 100644
--- a/common/dependabot-common.gemspec
+++ b/common/dependabot-common.gemspec
@@ -43,7 +43,7 @@ Gem::Specification.new do |spec|
   spec.add_dependency "psych", "~> 5.0"
   spec.add_dependency "sorbet-runtime", "~> 0.5.11178"
   spec.add_dependency "stackprof", "~> 0.2.16"
-  spec.add_dependency "toml-rb", ">= 1.1.2", "< 3.0"
+  spec.add_dependency "toml-rb", ">= 1.1.2", "< 4.0"
 
   spec.add_development_dependency "debug", "~> 1.9.2"
   spec.add_development_dependency "gpgme", "~> 2.0"