diff --git a/pyproject.toml b/pyproject.toml
index 6d14120..84e6bb1 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -34,7 +34,7 @@ dependencies = [
     "httpx>=0.28.1,<1",
     "opentelemetry-api>=1.43.0,<2",
     "pydantic>=2.13.4,<3",
-    "python-dotenv>=1.2.2,<2",
+    "python-dotenv>=1.2.3,<2",
 ]
 keywords = [
     "Sourcegraph"
diff --git a/uv.lock b/uv.lock
index 27d8c40..d79f60e 100644
--- a/uv.lock
+++ b/uv.lock
@@ -417,11 +417,11 @@ wheels = [
 
 [[package]]
 name = "python-dotenv"
-version = "1.2.2"
+version = "1.2.3"
 source = { registry = "https://pypi.org/simple" }
-sdist = { url = "https://files.pythonhosted.org/packages/82/ed/0301aeeac3e5353ef3d94b6ec08bbcabd04a72018415dcb29e588514bba8/python_dotenv-1.2.2.tar.gz", hash = "sha256:2c371a91fbd7ba082c2c1dc1f8bf89ca22564a087c2c287cd9b662adde799cf3", size = 50135, upload-time = "2026-03-01T16:00:26.196Z" }
+sdist = { url = "https://files.pythonhosted.org/packages/6a/53/ed9d74092561d4b01a2ef1349d52cdbc135e526c245f366b089cfca6de49/python_dotenv-1.2.3.tar.gz", hash = "sha256:a20a594dabeaa385725aa239d5244871c143ecb356add8a20fcf23773a6c3a35", size = 58945, upload-time = "2026-08-16T16:54:54.067Z" }
 wheels = [
-    { url = "https://files.pythonhosted.org/packages/0b/d7/1959b9648791274998a9c3526f6d0ec8fd2233e4d4acce81bbae76b44b2a/python_dotenv-1.2.2-py3-none-any.whl", hash = "sha256:1d8214789a24de455a8b8bd8ae6fe3c6b69a5e3d64aa8a8e5d68e694bbcb285a", size = 22101, upload-time = "2026-03-01T16:00:25.09Z" },
+    { url = "https://files.pythonhosted.org/packages/0d/17/c5c6b53ddc18f297992099b3d9ec16c855c0ccc83263a21fe4d1c625ec6c/python_dotenv-1.2.3-py3-none-any.whl", hash = "sha256:904552145e8bfed22162c09dab1c2b9b54fefa7b23ba780f4f26ca0316b0f0d9", size = 22780, upload-time = "2026-08-16T16:54:52.473Z" },
 ]
 
 [[package]]
@@ -495,7 +495,7 @@ requires-dist = [
     { name = "opentelemetry-exporter-otlp-proto-http", marker = "extra == 'otel'", specifier = ">=1.43.0,<2" },
     { name = "opentelemetry-sdk", marker = "extra == 'otel'", specifier = ">=1.43.0,<2" },
     { name = "pydantic", specifier = ">=2.13.4,<3" },
-    { name = "python-dotenv", specifier = ">=1.2.2,<2" },
+    { name = "python-dotenv", specifier = ">=1.2.3,<2" },
 ]
 provides-extras = ["otel"]