diff --git a/build.gradle.kts b/build.gradle.kts
index 7e7aa452adce1b..d422268a7dc3b4 100644
--- a/build.gradle.kts
+++ b/build.gradle.kts
@@ -14,7 +14,7 @@ buildscript {
         mavenCentral()
     }
     dependencies {
-        classpath("com.android.tools.build:gradle:7.1.1")
+        classpath("com.android.tools.build:gradle:7.2.0")
         classpath("de.undercouch:gradle-download-task:5.0.1")
         // NOTE: Do not place your application dependencies here; they belong
         // in the individual module build.gradle files
diff --git a/packages/react-native-gradle-plugin/build.gradle.kts b/packages/react-native-gradle-plugin/build.gradle.kts
index c457a5791e3f86..a223641cd81feb 100644
--- a/packages/react-native-gradle-plugin/build.gradle.kts
+++ b/packages/react-native-gradle-plugin/build.gradle.kts
@@ -31,7 +31,7 @@ group = "com.facebook.react"
 
 dependencies {
   implementation(gradleApi())
-  implementation("com.android.tools.build:gradle:7.0.4")
+  implementation("com.android.tools.build:gradle:7.2.0")
   implementation("com.google.code.gson:gson:2.8.9")
   implementation("com.google.guava:guava:31.0.1-jre")
   implementation("com.squareup:javapoet:1.13.0")
diff --git a/template/android/build.gradle b/template/android/build.gradle
index c9bc539de9c4b0..5227c201b21b58 100644
--- a/template/android/build.gradle
+++ b/template/android/build.gradle
@@ -22,7 +22,7 @@ buildscript {
         mavenCentral()
     }
     dependencies {
-        classpath("com.android.tools.build:gradle:7.1.1")
+        classpath("com.android.tools.build:gradle:7.2.0")
         classpath("com.facebook.react:react-native-gradle-plugin")
         classpath("de.undercouch:gradle-download-task:5.0.1")
         // NOTE: Do not place your application dependencies here; they belong