diff --git a/.flowconfig b/.flowconfig
index a7e698c44212c3..42f03723b02425 100644
--- a/.flowconfig
+++ b/.flowconfig
@@ -71,4 +71,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.162.0
+^0.163.0
diff --git a/.flowconfig.android b/.flowconfig.android
index 10a1f58d0d1b8f..6cd34177b91a78 100644
--- a/.flowconfig.android
+++ b/.flowconfig.android
@@ -71,4 +71,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.162.0
+^0.163.0
diff --git a/package.json b/package.json
index c3c5e4c803cfb7..e69b391d357af9 100644
--- a/package.json
+++ b/package.json
@@ -98,8 +98,8 @@
     "abort-controller": "^3.0.0",
     "anser": "^1.4.9",
     "base64-js": "^1.1.2",
-    "event-target-shim": "^5.0.1",
     "deprecated-react-native-prop-types": "^2.1.0",
+    "event-target-shim": "^5.0.1",
     "hermes-engine": "~0.9.0",
     "invariant": "^2.2.4",
     "jsc-android": "^250230.2.1",
@@ -120,7 +120,7 @@
     "ws": "^6.1.4"
   },
   "devDependencies": {
-    "flow-bin": "^0.162.0",
+    "flow-bin": "^0.163.0",
     "react": "17.0.2"
   },
   "detox": {
diff --git a/repo-config/package.json b/repo-config/package.json
index 75aec75e2637e5..9aa4c9c509c63c 100644
--- a/repo-config/package.json
+++ b/repo-config/package.json
@@ -36,7 +36,7 @@
     "eslint-plugin-react-hooks": "^4.2.0",
     "eslint-plugin-react-native": "3.10.0",
     "eslint-plugin-relay": "1.8.1",
-    "flow-bin": "^0.162.0",
+    "flow-bin": "^0.163.0",
     "jest": "^26.6.3",
     "jest-junit": "^10.0.0",
     "jscodeshift": "^0.11.0",
diff --git a/template/_flowconfig b/template/_flowconfig
index f0bc7b9aa327dc..6687c1abbbed63 100644
--- a/template/_flowconfig
+++ b/template/_flowconfig
@@ -62,4 +62,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.162.0
+^0.163.0
diff --git a/yarn.lock b/yarn.lock
index 38a23b3a06aa24..7f952b7629eaae 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3037,10 +3037,10 @@ flatted@^2.0.0:
   resolved "https://registry.yarnpkg.com/flatted/-/flatted-2.0.2.tgz#4575b21e2bcee7434aa9be662f4b7b5f9c2b5138"
   integrity sha512-r5wGx7YeOwNWNlCA0wQ86zKyDLMQr+/RB8xy74M4hTphfmjlijTSSXGuH8rnvKZnfT9i+75zmd8jcKdMR4O6jA==
 
-flow-bin@^0.162.0:
-  version "0.162.0"
-  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.162.0.tgz#26e3f9db2c93684499c68f1a85e57d888858dc5c"
-  integrity sha512-AXbDZjRzMQpmvyqeXlS9NV4eNHWGV1Fg/1v6FtuIAu+zsYJJ0mJ2JumqNUxF47rxOoeL9jGtuMxInx9rgqnFCw==
+flow-bin@^0.163.0:
+  version "0.163.0"
+  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.163.0.tgz#c2cb62e336cfdeac035a4cc86e143e1e5ff4d1d0"
+  integrity sha512-4rNdO/lT38/c+8SR4eZK+PthE9c3MFiDnr8TYBpIM77EkM2yl9Ug8N2oPPk0UJs6kG93Yb61G14s95dfSoUARA==
 
 flow-parser@0.*, flow-parser@^0.121.0:
   version "0.121.0"