diff --git a/kubernetes/storage/apps/observability/kube-prometheus-stack/app/helmrelease.yaml b/kubernetes/storage/apps/observability/kube-prometheus-stack/app/helmrelease.yaml
index e5fe08e8cf00c..8d25cba2ca3a9 100644
--- a/kubernetes/storage/apps/observability/kube-prometheus-stack/app/helmrelease.yaml
+++ b/kubernetes/storage/apps/observability/kube-prometheus-stack/app/helmrelease.yaml
@@ -10,7 +10,7 @@ spec:
   chart:
     spec:
       chart: kube-prometheus-stack
-      version: 58.2.2
+      version: 58.3.0
       sourceRef:
         kind: HelmRepository
         name: prometheus-community