diff --git a/java-shared-dependencies/pom.xml b/java-shared-dependencies/pom.xml
index 373bac6b73..579c6023e0 100644
--- a/java-shared-dependencies/pom.xml
+++ b/java-shared-dependencies/pom.xml
@@ -56,7 +56,7 @@
     <site.installationModule>${project.artifactId}</site.installationModule>
 
     <grpc.version>1.36.0</grpc.version>
-    <gax.version>1.61.0</gax.version>
+    <gax.version>1.62.0</gax.version>
     <guava.version>30.1-android</guava.version>
     <protobuf.version>3.15.2</protobuf.version>
     <google.api-common.version>1.10.1</google.api-common.version>