diff --git a/Gemfile b/Gemfile
index 79fdeb64ad..5f7315b658 100644
--- a/Gemfile
+++ b/Gemfile
@@ -3,7 +3,7 @@ source 'https://rubygems.org'
 ruby File.read(".ruby-version").strip
 
 gem 'fastlane', '2.241.1'
-gem 'time', '0.4.2'
+gem 'time', '0.5.0'
 
 plugins_path = File.join(File.dirname(__FILE__), 'fastlane', 'Pluginfile')
 eval_gemfile(plugins_path) if File.exist?(plugins_path)
diff --git a/Gemfile.lock b/Gemfile.lock
index f3355a9acd..c22dd0d6d8 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -38,7 +38,7 @@ GEM
     commander (4.6.0)
       highline (~> 2.0.0)
     csv (3.3.6)
-    date (3.5.1)
+    date (3.6.0)
     declarative (0.0.20)
     digest-crc (0.7.0)
       rake (>= 12.0.0, < 14.0.0)
@@ -234,7 +234,7 @@ GEM
     terminal-notifier (3.1.0)
     terminal-table (4.0.0)
       unicode-display_width (>= 1.1.1, < 4)
-    time (0.4.2)
+    time (0.5.0)
       date
     trailblazer-option (0.1.2)
     tsort (0.2.0)
@@ -271,7 +271,7 @@ DEPENDENCIES
   mutex_m (= 0.3.0)
   nkf (= 0.3.0)
   ostruct (= 0.6.3)
-  time (= 0.4.2)
+  time (= 0.5.0)
 
 RUBY VERSION
    ruby 3.4.2p28