diff --git a/Cargo.lock b/Cargo.lock
index d2cae8463..3c3ea51d3 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1443,7 +1443,7 @@ dependencies = [
  "proc-macro2",
  "quote",
  "syn",
- "wasmparser 0.245.1",
+ "wasmparser 0.246.1",
 ]
 
 [[package]]
@@ -1456,7 +1456,7 @@ dependencies = [
  "quote",
  "syn",
  "tracing",
- "wasmparser 0.245.1",
+ "wasmparser 0.246.1",
 ]
 
 [[package]]
@@ -4106,9 +4106,9 @@ dependencies = [
 
 [[package]]
 name = "wasmparser"
-version = "0.245.1"
+version = "0.246.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4f08c9adee0428b7bddf3890fc27e015ac4b761cc608c822667102b8bfd6995e"
+checksum = "2d991c35d79bf8336dc1cd632ed4aacf0dc5fac4bc466c670625b037b972bb9c"
 dependencies = [
  "bitflags 2.11.0",
  "hashbrown 0.16.1",
diff --git a/src/hyperlight_component_macro/Cargo.toml b/src/hyperlight_component_macro/Cargo.toml
index c9071a03e..02f2f4295 100644
--- a/src/hyperlight_component_macro/Cargo.toml
+++ b/src/hyperlight_component_macro/Cargo.toml
@@ -16,7 +16,7 @@ name = "hyperlight_component_macro"
 proc-macro = true
 
 [dependencies]
-wasmparser = { version = "0.245.1" }
+wasmparser = { version = "0.246.1" }
 quote = { version = "1.0.45" }
 proc-macro2 = { version = "1.0.106" }
 syn = { version = "2.0.117" }
diff --git a/src/hyperlight_component_util/Cargo.toml b/src/hyperlight_component_util/Cargo.toml
index 76b1829a2..961e9e5b4 100644
--- a/src/hyperlight_component_util/Cargo.toml
+++ b/src/hyperlight_component_util/Cargo.toml
@@ -15,7 +15,7 @@ Shared implementation for the procedural macros that generate Hyperlight host an
 name = "hyperlight_component_util"
 
 [dependencies]
-wasmparser = { version = "0.245.1" }
+wasmparser = { version = "0.246.1" }
 quote = { version = "1.0.45" }
 proc-macro2 = { version = "1.0.106" }
 syn = { version = "2.0.117" }
diff --git a/src/tests/rust_guests/witguest/Cargo.lock b/src/tests/rust_guests/witguest/Cargo.lock
index 887230bf9..3be96ff2e 100644
--- a/src/tests/rust_guests/witguest/Cargo.lock
+++ b/src/tests/rust_guests/witguest/Cargo.lock
@@ -650,9 +650,9 @@ checksum = "06abde3611657adf66d383f00b093d7faecc7fa57071cce2578660c9f1010821"
 
 [[package]]
 name = "wasmparser"
-version = "0.245.1"
+version = "0.246.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4f08c9adee0428b7bddf3890fc27e015ac4b761cc608c822667102b8bfd6995e"
+checksum = "2d991c35d79bf8336dc1cd632ed4aacf0dc5fac4bc466c670625b037b972bb9c"
 dependencies = [
  "bitflags",
  "hashbrown",