diff --git a/go.mod b/go.mod
index 5a9b5785c000..a6b67728caf5 100644
--- a/go.mod
+++ b/go.mod
@@ -29,7 +29,7 @@ require (
 	k8s.io/klog/v2 v2.120.1
 	k8s.io/utils v0.0.0-20240102154912-e7106e64919e
 	knative.dev/pkg v0.0.0-20231010144348-ca8c009405dd
-	sigs.k8s.io/controller-runtime v0.18.2
+	sigs.k8s.io/controller-runtime v0.18.3
 	sigs.k8s.io/karpenter v0.37.0
 	sigs.k8s.io/yaml v1.4.0
 )
diff --git a/go.sum b/go.sum
index cfc3e7be0c42..0c3324d48483 100644
--- a/go.sum
+++ b/go.sum
@@ -757,8 +757,8 @@ knative.dev/pkg v0.0.0-20231010144348-ca8c009405dd/go.mod h1:36cYnaOVHkzmhgybmYX
 rsc.io/binaryregexp v0.2.0/go.mod h1:qTv7/COck+e2FymRvadv62gMdZztPaShugOCi3I+8D8=
 rsc.io/quote/v3 v3.1.0/go.mod h1:yEA65RcK8LyAZtP9Kv3t0HmxON59tX3rD+tICJqUlj0=
 rsc.io/sampler v1.3.0/go.mod h1:T1hPZKmBbMNahiBKFy5HrXp6adAjACjK9JXDnKaTXpA=
-sigs.k8s.io/controller-runtime v0.18.2 h1:RqVW6Kpeaji67CY5nPEfRz6ZfFMk0lWQlNrLqlNpx+Q=
-sigs.k8s.io/controller-runtime v0.18.2/go.mod h1:tuAt1+wbVsXIT8lPtk5RURxqAnq7xkpv2Mhttslg7Hw=
+sigs.k8s.io/controller-runtime v0.18.3 h1:B5Wmmo8WMWK7izei+2LlXLVDGzMwAHBNLX68lwtlSR4=
+sigs.k8s.io/controller-runtime v0.18.3/go.mod h1:TVoGrfdpbA9VRFaRnKgk9P5/atA0pMwq+f+msb9M8Sg=
 sigs.k8s.io/json v0.0.0-20221116044647-bc3834ca7abd h1:EDPBXCAspyGV4jQlpZSudPeMmr1bNJefnuqLsRAsHZo=
 sigs.k8s.io/json v0.0.0-20221116044647-bc3834ca7abd/go.mod h1:B8JuhiUyNFVKdsE8h686QcCxMaH6HrOAZj4vswFpcB0=
 sigs.k8s.io/karpenter v0.37.0 h1:eUFD9hJ2mpZrw31OUYhpbxLWEDmbXT05wX27dZB2E5o=