diff --git a/Cargo.lock b/Cargo.lock
index f86803f5a92..3a045ef567e 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2674,9 +2674,9 @@ checksum = "b7c388c1b5e93756d0c740965c41e8822f866621d41acbdf6336a6a168f8840c"
 
 [[package]]
 name = "smol_str"
-version = "0.2.0"
+version = "0.2.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "74212e6bbe9a4352329b2f68ba3130c15a3f26fe88ff22dbdc6cdd58fa85e99c"
+checksum = "e6845563ada680337a52d43bb0b29f396f2d911616f6573012645b9e3d048a49"
 dependencies = [
  "serde",
 ]
diff --git a/nextest-metadata/Cargo.toml b/nextest-metadata/Cargo.toml
index e19b069e977..cdc62e2a676 100644
--- a/nextest-metadata/Cargo.toml
+++ b/nextest-metadata/Cargo.toml
@@ -16,7 +16,7 @@ camino = { version = "1.1.6", features = ["serde1"] }
 serde = { version = "1.0.195", features = ["derive"] }
 serde_json = "1.0.111"
 target-spec = { version = "3.0.1", features = ["custom", "summaries"] }
-smol_str = { version = "0.2.0", features = ["serde"] }
+smol_str = { version = "0.2.1", features = ["serde"] }
 nextest-workspace-hack.workspace = true
 
 [dev-dependencies]
diff --git a/nextest-runner/Cargo.toml b/nextest-runner/Cargo.toml
index d25f28d448b..54262fd1f93 100644
--- a/nextest-runner/Cargo.toml
+++ b/nextest-runner/Cargo.toml
@@ -55,7 +55,7 @@ serde_ignored = "0.1.10"
 serde_json = "1.0.111"
 serde_path_to_error = "0.1.15"
 shell-words = "1.1.0"
-smol_str = { version = "0.2.0", features = ["serde"] }
+smol_str = { version = "0.2.1", features = ["serde"] }
 strip-ansi-escapes = "0.2.0"
 tar = "0.4.40"
 # For cfg expression evaluation for [target.'cfg()'] expressions