diff --git a/packages/gatsby-plugin-manifest/package.json b/packages/gatsby-plugin-manifest/package.json
index 235cf5c18efe1..d5d5b2a0ed541 100644
--- a/packages/gatsby-plugin-manifest/package.json
+++ b/packages/gatsby-plugin-manifest/package.json
@@ -11,7 +11,7 @@
     "gatsby-core-utils": "^4.4.0-next.1",
     "gatsby-plugin-utils": "^4.4.0-next.1",
     "semver": "^7.3.8",
-    "sharp": "^0.31.2"
+    "sharp": "^0.31.3"
   },
   "devDependencies": {
     "@babel/cli": "^7.15.4",
diff --git a/packages/gatsby-plugin-sharp/package.json b/packages/gatsby-plugin-sharp/package.json
index e3791cedfc583..09cc23b33dfce 100644
--- a/packages/gatsby-plugin-sharp/package.json
+++ b/packages/gatsby-plugin-sharp/package.json
@@ -18,7 +18,7 @@
     "lodash": "^4.17.21",
     "probe-image-size": "^7.2.3",
     "semver": "^7.3.8",
-    "sharp": "^0.31.2"
+    "sharp": "^0.31.3"
   },
   "devDependencies": {
     "@babel/cli": "^7.15.4",
diff --git a/packages/gatsby-remark-images-contentful/package.json b/packages/gatsby-remark-images-contentful/package.json
index ed054258395ea..4feaae0b99a5e 100644
--- a/packages/gatsby-remark-images-contentful/package.json
+++ b/packages/gatsby-remark-images-contentful/package.json
@@ -22,7 +22,7 @@
     "is-relative-url": "^3.0.0",
     "lodash": "^4.17.21",
     "semver": "^7.3.8",
-    "sharp": "^0.31.2",
+    "sharp": "^0.31.3",
     "unist-util-select": "^3.0.4"
   },
   "devDependencies": {
diff --git a/packages/gatsby-sharp/package.json b/packages/gatsby-sharp/package.json
index 7099440e89498..6e783638db62f 100644
--- a/packages/gatsby-sharp/package.json
+++ b/packages/gatsby-sharp/package.json
@@ -15,7 +15,7 @@
   "homepage": "https://github.com/gatsbyjs/gatsby/tree/master/packages/gatsby-sharp#readme",
   "dependencies": {
     "@types/sharp": "^0.31.0",
-    "sharp": "^0.31.2"
+    "sharp": "^0.31.3"
   },
   "devDependencies": {
     "@babel/cli": "^7.15.5",
diff --git a/packages/gatsby-source-shopify/package.json b/packages/gatsby-source-shopify/package.json
index 97b6ff2b75932..fe88b69554d30 100644
--- a/packages/gatsby-source-shopify/package.json
+++ b/packages/gatsby-source-shopify/package.json
@@ -28,7 +28,7 @@
     "gatsby-plugin-utils": "^4.4.0-next.1",
     "gatsby-source-filesystem": "^5.4.0-next.1",
     "node-fetch": "^2.6.7",
-    "sharp": "^0.31.2",
+    "sharp": "^0.31.3",
     "shift-left": "^0.1.5"
   },
   "devDependencies": {
diff --git a/packages/gatsby-source-wordpress/package.json b/packages/gatsby-source-wordpress/package.json
index a0094ef7be766..8d8ac1a191ff2 100644
--- a/packages/gatsby-source-wordpress/package.json
+++ b/packages/gatsby-source-wordpress/package.json
@@ -40,7 +40,7 @@
     "read-chunk": "^3.2.0",
     "replaceall": "^0.1.6",
     "semver": "^7.3.8",
-    "sharp": "^0.31.2",
+    "sharp": "^0.31.3",
     "valid-url": "^1.0.9"
   },
   "devDependencies": {
diff --git a/packages/gatsby-transformer-sharp/package.json b/packages/gatsby-transformer-sharp/package.json
index 1105033a558f0..dfced085fa8d7 100644
--- a/packages/gatsby-transformer-sharp/package.json
+++ b/packages/gatsby-transformer-sharp/package.json
@@ -14,7 +14,7 @@
     "gatsby-plugin-utils": "^4.4.0-next.1",
     "probe-image-size": "^7.2.3",
     "semver": "^7.3.8",
-    "sharp": "^0.31.2"
+    "sharp": "^0.31.3"
   },
   "devDependencies": {
     "@babel/cli": "^7.15.4",
diff --git a/yarn.lock b/yarn.lock
index fdbb51858cd30..d398a45b17eff 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -21350,10 +21350,10 @@ shallow-copy@~0.0.1:
   version "0.0.1"
   resolved "https://registry.yarnpkg.com/shallow-copy/-/shallow-copy-0.0.1.tgz#415f42702d73d810330292cc5ee86eae1a11a170"
 
-sharp@^0.31.2:
-  version "0.31.2"
-  resolved "https://registry.yarnpkg.com/sharp/-/sharp-0.31.2.tgz#a8411c80512027f5a452b76d599268760c4e5dfa"
-  integrity sha512-DUdNVEXgS5A97cTagSLIIp8dUZ/lZtk78iNVZgHdHbx1qnQR7JAHY0BnXnwwH39Iw+VKhO08CTYhIg0p98vQ5Q==
+sharp@^0.31.3:
+  version "0.31.3"
+  resolved "https://registry.yarnpkg.com/sharp/-/sharp-0.31.3.tgz#60227edc5c2be90e7378a210466c99aefcf32688"
+  integrity sha512-XcR4+FCLBFKw1bdB+GEhnUNXNXvnt0tDo4WsBsraKymuo/IAuPuCBVAL2wIkUw2r/dwFW5Q5+g66Kwl2dgDFVg==
   dependencies:
     color "^4.2.3"
     detect-libc "^2.0.1"