diff --git a/Cargo.lock b/Cargo.lock
index a0683e808e..04fbffac35 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2606,9 +2606,9 @@ dependencies = [
 
 [[package]]
 name = "smallvec"
-version = "1.11.2"
+version = "1.12.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4dccd0940a2dcdf68d092b8cbab7dc0ad8fa938bf95787e1b916b0e3d0e8e970"
+checksum = "2593d31f82ead8df961d8bd23a64c2ccf2eb5dd34b0a34bfb4dd54011c72009e"
 dependencies = [
  "serde",
 ]
diff --git a/compiler/ast/Cargo.toml b/compiler/ast/Cargo.toml
index 95ddf55f07..4947bcc935 100644
--- a/compiler/ast/Cargo.toml
+++ b/compiler/ast/Cargo.toml
@@ -45,7 +45,7 @@ version = "1.0"
 features = [ "preserve_order" ]
 
 [dependencies.smallvec]
-version = "1.11.2"
+version = "1.12.0"
 features = [ "serde" ]
 
 [dev-dependencies.criterion]
diff --git a/compiler/parser/Cargo.toml b/compiler/parser/Cargo.toml
index 197666d585..44ea479e6b 100644
--- a/compiler/parser/Cargo.toml
+++ b/compiler/parser/Cargo.toml
@@ -48,7 +48,7 @@ version = "1.0"
 features = [ "derive" ]
 
 [dependencies.smallvec]
-version = "1.11"
+version = "1.12"
 
 [dependencies.tracing]
 version = "0.1"