diff --git a/gradle.properties b/gradle.properties
index 6264303a5..ed764c622 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -17,7 +17,7 @@ POM_DEVELOPER_ID=facebook
 POM_DEVELOPER_NAME=facebook
 POM_ISSUES_URL=https://github.com/facebook/flipper/issues/
 # Shared version numbers
-LITHO_VERSION=0.44.0
+LITHO_VERSION=0.48.0
 ANDROIDX_VERSION=1.3.0
 KOTLIN_VERSION=1.8.20
 FBJNI_VERSION=0.3.0