diff --git a/homeassistant/package_constraints.txt b/homeassistant/package_constraints.txt
index 65e5dd33b8d..78973f15520 100644
--- a/homeassistant/package_constraints.txt
+++ b/homeassistant/package_constraints.txt
@@ -2,7 +2,7 @@ aiodiscover==1.4.16
 aiohttp-cors==0.7.0
 aiohttp==3.8.5
 astral==2.2
-async-timeout==4.0.2
+async-timeout==4.0.3
 async-upnp-client==0.34.1
 atomicwrites-homeassistant==1.4.1
 attrs==22.2.0
diff --git a/pyproject.toml b/pyproject.toml
index 02dbc87fb72..af386239ac5 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -25,7 +25,7 @@ requires-python = ">=3.11.0"
 dependencies    = [
     "aiohttp==3.8.5",
     "astral==2.2",
-    "async-timeout==4.0.2",
+    "async-timeout==4.0.3",
     "attrs==22.2.0",
     "atomicwrites-homeassistant==1.4.1",
     "awesomeversion==22.9.0",
diff --git a/requirements.txt b/requirements.txt
index f3cd10a3577..0c55b1f9a9e 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -3,7 +3,7 @@
 # Home Assistant Core
 aiohttp==3.8.5
 astral==2.2
-async-timeout==4.0.2
+async-timeout==4.0.3
 attrs==22.2.0
 atomicwrites-homeassistant==1.4.1
 awesomeversion==22.9.0