diff --git a/Cargo.lock b/Cargo.lock
index e5950ed3fa8e..8d970a2a15c3 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2352,9 +2352,9 @@ dependencies = [
 
 [[package]]
 name = "regalloc2"
-version = "0.2.2"
+version = "0.2.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0d37148700dbb38f994cd99a1431613057f37ed934d7e4d799b7ab758c482461"
+checksum = "4a8d23b35d7177df3b9d31ed8a9ab4bf625c668be77a319d4f5efd4a5257701c"
 dependencies = [
  "fxhash",
  "log",
diff --git a/cranelift/codegen/Cargo.toml b/cranelift/codegen/Cargo.toml
index 6db3e5eb081d..8b238d46bad3 100644
--- a/cranelift/codegen/Cargo.toml
+++ b/cranelift/codegen/Cargo.toml
@@ -23,7 +23,7 @@ serde = { version = "1.0.94", features = ["derive"], optional = true }
 bincode = { version = "1.2.1", optional = true }
 gimli = { version = "0.26.0", default-features = false, features = ["write"], optional = true }
 smallvec = { version = "1.6.1" }
-regalloc2 = { version = "0.2.2", features = ["checker"] }
+regalloc2 = { version = "0.2.3", features = ["checker"] }
 souper-ir = { version = "2.1.0", optional = true }
 # It is a goal of the cranelift-codegen crate to have minimal external dependencies.
 # Please don't add any unless they are essential to the task of creating binary