diff --git a/bazel/repository.bzl b/bazel/repository.bzl
index 2abdca87ce..9633aea645 100644
--- a/bazel/repository.bzl
+++ b/bazel/repository.bzl
@@ -122,10 +122,10 @@ def opentelemetry_cpp_deps():
     maybe(
         http_archive,
         name = "com_github_jupp0r_prometheus_cpp",
-        sha256 = "397544fe91e183029120b4eebcfab24ed9ec833d15850aae78fd5db19062d13a",
-        strip_prefix = "prometheus-cpp-1.1.0",
+        sha256 = "48dbad454d314b836cc667ec4def93ec4a6e4255fc8387c20cacb3b8b6faee30",
+        strip_prefix = "prometheus-cpp-1.2.4",
         urls = [
-            "https://github.com/jupp0r/prometheus-cpp/archive/refs/tags/v1.1.0.tar.gz",
+            "https://github.com/jupp0r/prometheus-cpp/archive/refs/tags/v1.2.4.tar.gz",
         ],
     )
 
diff --git a/third_party/prometheus-cpp b/third_party/prometheus-cpp
index c9ffcdda90..ad99e21f47 160000
--- a/third_party/prometheus-cpp
+++ b/third_party/prometheus-cpp
@@ -1 +1 @@
-Subproject commit c9ffcdda9086ffd9e1283ea7a0276d831f3c8a8d
+Subproject commit ad99e21f4706193670c42b36c9824dc997f4c475
diff --git a/third_party_release b/third_party_release
index 120b53ffab..efd890020e 100644
--- a/third_party_release
+++ b/third_party_release
@@ -21,5 +21,5 @@ ms-gsl=v3.1.0-67-g6f45293
 nlohmann-json=v3.11.2
 opentelemetry-proto=v1.1.0
 opentracing-cpp=v1.6.0
-prometheus-cpp=v1.1.0
+prometheus-cpp=v1.2.4
 vcpkg=2024.02.14