diff --git a/Cargo.toml b/Cargo.toml
index 216ee8c3601f..1735cab83750 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -23,7 +23,7 @@ path = "src/wasm2obj.rs"
 
 [dependencies]
 cranelift-codegen = { version = "0.37.0", features = ["enable-serde"] }
-cranelift-native = "0.37.0"
+cranelift-native = "0.38.0"
 wasmtime-debug = { path = "wasmtime-debug" }
 wasmtime-environ = { path = "wasmtime-environ" }
 wasmtime-runtime = { path = "wasmtime-runtime" }