diff --git a/charts/premium/prometheus/Chart.yaml b/charts/premium/prometheus/Chart.yaml
index 397823c24299..42cb35f426af 100644
--- a/charts/premium/prometheus/Chart.yaml
+++ b/charts/premium/prometheus/Chart.yaml
@@ -16,7 +16,7 @@ dependencies:
     tags: []
     import-values: []
   - name: kube-prometheus-stack
-    version: 62.7.0
+    version: 63.1.0
     repository: oci://ghcr.io/prometheus-community/charts
     condition: ""
     alias: kps
@@ -42,4 +42,4 @@ sources:
   - https://hub.docker.com/r/bitnami/prometheus
   - https://quay.io/thanos/thanos
 type: application
-version: 19.17.3
+version: 19.18.0