diff --git a/platform/broadcom/sai.mk b/platform/broadcom/sai.mk
index 9caa9f15baa9..adf233921d07 100644
--- a/platform/broadcom/sai.mk
+++ b/platform/broadcom/sai.mk
@@ -1,4 +1,4 @@
-LIBSAIBCM_XGS_VERSION = 10.1.37.0
+LIBSAIBCM_XGS_VERSION = 10.1.38.0
 LIBSAIBCM_DNX_VERSION = 7.1.111.1
 LIBSAIBCM_XGS_BRANCH_NAME = SAI_10.1.0_GA
 LIBSAIBCM_DNX_BRANCH_NAME = REL_7.0_SAI_1.11