diff --git a/homeassistant/components/esphome/manifest.json b/homeassistant/components/esphome/manifest.json
index 454b547cdf4..9d42b7206e3 100644
--- a/homeassistant/components/esphome/manifest.json
+++ b/homeassistant/components/esphome/manifest.json
@@ -17,7 +17,7 @@
   "mqtt": ["esphome/discover/#"],
   "quality_scale": "platinum",
   "requirements": [
-    "aioesphomeapi==25.2.1",
+    "aioesphomeapi==25.3.1",
     "esphome-dashboard-api==1.2.3",
     "bleak-esphome==1.0.0"
   ],
diff --git a/requirements_all.txt b/requirements_all.txt
index 405eb9c2cd7..d04dcee2c88 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -237,7 +237,7 @@ aioelectricitymaps==0.4.0
 aioemonitor==1.0.5
 
 # homeassistant.components.esphome
-aioesphomeapi==25.2.1
+aioesphomeapi==25.3.1
 
 # homeassistant.components.flo
 aioflo==2021.11.0
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index 6c101b2db4c..5ebeb167d47 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -225,7 +225,7 @@ aioelectricitymaps==0.4.0
 aioemonitor==1.0.5
 
 # homeassistant.components.esphome
-aioesphomeapi==25.2.1
+aioesphomeapi==25.3.1
 
 # homeassistant.components.flo
 aioflo==2021.11.0