diff --git a/thrift/lib/rust/deterministic_hash/src/tests/Cargo.toml b/thrift/lib/rust/deterministic_hash/src/tests/Cargo.toml
index bfce0ee9f44..84c350c321f 100644
--- a/thrift/lib/rust/deterministic_hash/src/tests/Cargo.toml
+++ b/thrift/lib/rust/deterministic_hash/src/tests/Cargo.toml
@@ -32,7 +32,7 @@ ref-cast = "1.0.18"
 smallvec = { version = "1.6.1", features = ["serde", "specialization", "union"] }
 teststructs__types = { package = "teststructs_types", path = "types" }
 thiserror = "1.0.43"
-tracing = "0.1.35"
+tracing = "0.1.40"
 tracing-futures = { version = "0.2.5", features = ["futures-03"] }
 
 [dev-dependencies]
diff --git a/thrift/lib/rust/src/dep_tests/Cargo.toml b/thrift/lib/rust/src/dep_tests/Cargo.toml
index 0d8c5298e75..2971555696e 100644
--- a/thrift/lib/rust/src/dep_tests/Cargo.toml
+++ b/thrift/lib/rust/src/dep_tests/Cargo.toml
@@ -26,7 +26,7 @@ futures = { version = "0.3.28", features = ["async-await", "compat"] }
 ref-cast = "1.0.18"
 test_deprecated_optional_with_default_is_some_if__types = { package = "test_deprecated_optional_with_default_is_some_if_types", path = "types" }
 thiserror = "1.0.43"
-tracing = "0.1.35"
+tracing = "0.1.40"
 tracing-futures = { version = "0.2.5", features = ["futures-03"] }
 
 [dev-dependencies]
diff --git a/thrift/lib/rust/src/dep_tests/cargo_thrift/Cargo.toml b/thrift/lib/rust/src/dep_tests/cargo_thrift/Cargo.toml
index 1e4076ba009..d791f2c3c10 100644
--- a/thrift/lib/rust/src/dep_tests/cargo_thrift/Cargo.toml
+++ b/thrift/lib/rust/src/dep_tests/cargo_thrift/Cargo.toml
@@ -22,7 +22,7 @@ fbthrift_test_if__types = { package = "fbthrift_test_if_types", path = "types" }
 futures = { version = "0.3.28", features = ["async-await", "compat"] }
 ref-cast = "1.0.18"
 thiserror = "1.0.43"
-tracing = "0.1.35"
+tracing = "0.1.40"
 tracing-futures = { version = "0.2.5", features = ["futures-03"] }
 
 [build-dependencies]