diff --git a/Cargo.lock b/Cargo.lock
index c8ad4cfc..46f57451 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2229,12 +2229,13 @@ dependencies = [
 
 [[package]]
 name = "serde_json"
-version = "1.0.116"
+version = "1.0.134"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "3e17db7126d17feb94eb3fad46bf1a96b034e8aacbc2e775fe81505f8b0b2813"
+checksum = "d00f4175c42ee48b15416f6193a959ba3a0d67fc699a0db9ad12df9f83991c7d"
 dependencies = [
  "indexmap 2.2.6",
  "itoa",
+ "memchr",
  "ryu",
  "serde",
 ]
diff --git a/crates/cli/Cargo.toml b/crates/cli/Cargo.toml
index d1e136a1..8c7de780 100644
--- a/crates/cli/Cargo.toml
+++ b/crates/cli/Cargo.toml
@@ -13,7 +13,7 @@ anyhow = "1.0.82"
 clap = { version = "4.5.4", features = ["derive", "env"] }
 schemars = { version = "0.8.16", features = ["smol_str", "preserve_order"] }
 serde = { version = "1.0.198", features = ["derive"] }
-serde_json = { version = "1.0.116", features = ["raw_value"] }
+serde_json = { version = "1.0.134", features = ["raw_value"] }
 serde_yaml = "0.9.34"
 thiserror = "2.0.6"
 tokio = { version = "1.42.0", features = ["full"] }
diff --git a/crates/ndc-sqlserver/Cargo.toml b/crates/ndc-sqlserver/Cargo.toml
index 48720805..2fd46ebd 100644
--- a/crates/ndc-sqlserver/Cargo.toml
+++ b/crates/ndc-sqlserver/Cargo.toml
@@ -31,7 +31,7 @@ ndc-sqlserver-configuration = { path = "../configuration" }
 tiberius = { version = "0.12.2", default-features = false, features = ["rustls"] }
 async-trait = "0.1.80"
 serde = { version = "1.0.198", features = ["derive", "rc"] }
-serde_json = { version = "1.0.116", features = ["raw_value"] }
+serde_json = { version = "1.0.134", features = ["raw_value"] }
 tokio = { version = "1.42.0", features = ["full"] }
 tracing = "0.1.40"
 prometheus = "0.13.3"
diff --git a/crates/query-engine/execution/Cargo.toml b/crates/query-engine/execution/Cargo.toml
index 456fc65b..8bf11a43 100644
--- a/crates/query-engine/execution/Cargo.toml
+++ b/crates/query-engine/execution/Cargo.toml
@@ -17,7 +17,7 @@ bb8 = "0.8.1"
 bb8-tiberius = "0.15.0"
 bytes = "1.6.0"
 prometheus = "0.13.3"
-serde_json = "1.0.116"
+serde_json = "1.0.134"
 sqlformat = "0.3.3"
 tokio-stream = "0.1.14"
 tracing = "0.1.40"
diff --git a/crates/query-engine/sql/Cargo.toml b/crates/query-engine/sql/Cargo.toml
index 1720fe1c..112b6f9f 100644
--- a/crates/query-engine/sql/Cargo.toml
+++ b/crates/query-engine/sql/Cargo.toml
@@ -9,4 +9,4 @@ workspace = true
 
 [dependencies]
 ndc-models = { workspace = true }
-serde_json = "1.0.116"
+serde_json = "1.0.134"
diff --git a/crates/query-engine/translation/Cargo.toml b/crates/query-engine/translation/Cargo.toml
index c4ee3484..30efdd11 100644
--- a/crates/query-engine/translation/Cargo.toml
+++ b/crates/query-engine/translation/Cargo.toml
@@ -15,7 +15,7 @@ query-engine-metadata = { path = "../metadata" }
 query-engine-sql = { path = "../sql" }
 
 indexmap = "2.1"
-serde_json = "1.0.116"
+serde_json = "1.0.134"
 
 [dev-dependencies]
 insta = { version = "1.38.0", features = ["json"] }