diff --git a/lower-constraints.txt b/lower-constraints.txt
index 5c00875a..97e9f0c6 100644
--- a/lower-constraints.txt
+++ b/lower-constraints.txt
@@ -38,7 +38,7 @@ oslo.context==2.19.2
 oslo.i18n==3.15.3
 oslo.log==3.36.0
 oslo.serialization==2.18.0
-oslo.utils==3.38.0
+oslo.utils==3.40.2
 oslotest==3.2.0
 Paste==2.0.2
 PasteDeploy==1.5.0
diff --git a/requirements.txt b/requirements.txt
index ad86e4b4..7897b139 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -8,7 +8,7 @@ eventlet!=0.18.3,!=0.20.1,>=0.18.2 # MIT
 fixtures>=3.0.0 # Apache-2.0/BSD
 greenlet>=0.4.10 # MIT
 monotonic>=0.6;python_version<'3.3'  # Apache-2.0
-oslo.utils>=3.38.0 # Apache-2.0
+oslo.utils>=3.40.2 # Apache-2.0
 oslo.concurrency>=3.25.0 # Apache-2.0
 oslo.config>=5.1.0 # Apache-2.0
 oslo.log>=3.36.0 # Apache-2.0