diff --git a/cmd/otelcontribcol/go.mod b/cmd/otelcontribcol/go.mod
index 233e94e43d73..4c91a0c97140 100644
--- a/cmd/otelcontribcol/go.mod
+++ b/cmd/otelcontribcol/go.mod
@@ -517,7 +517,7 @@ require (
 	github.com/gophercloud/gophercloud v1.12.0 // indirect
 	github.com/gorilla/mux v1.8.1 // indirect
 	github.com/gorilla/websocket v1.5.1 // indirect
-	github.com/gosnmp/gosnmp v1.37.0 // indirect
+	github.com/gosnmp/gosnmp v1.38.0 // indirect
 	github.com/grafana/loki/pkg/push v0.0.0-20240514112848-a1b1eeb09583 // indirect
 	github.com/grafana/regexp v0.0.0-20240518133315-a468a5bfb3bc // indirect
 	github.com/grobie/gomemcache v0.0.0-20230213081705-239240bbc445 // indirect
diff --git a/cmd/otelcontribcol/go.sum b/cmd/otelcontribcol/go.sum
index d5da31092b5f..9858602c2486 100644
--- a/cmd/otelcontribcol/go.sum
+++ b/cmd/otelcontribcol/go.sum
@@ -1569,8 +1569,8 @@ github.com/gorilla/websocket v1.4.0/go.mod h1:E7qHFY5m1UJ88s3WnNqhKjPHQ0heANvMoA
 github.com/gorilla/websocket v1.4.2/go.mod h1:YR8l580nyteQvAITg2hZ9XVh4b55+EU/adAjf1fMHhE=
 github.com/gorilla/websocket v1.5.1 h1:gmztn0JnHVt9JZquRuzLw3g4wouNVzKL15iLr/zn/QY=
 github.com/gorilla/websocket v1.5.1/go.mod h1:x3kM2JMyaluk02fnUJpQuwD2dCS5NDG2ZHL0uE0tcaY=
-github.com/gosnmp/gosnmp v1.37.0 h1:/Tf8D3b9wrnNuf/SfbvO+44mPrjVphBhRtcGg22V07Y=
-github.com/gosnmp/gosnmp v1.37.0/go.mod h1:GDH9vNqpsD7f2HvZhKs5dlqSEcAS6s6Qp099oZRCR+M=
+github.com/gosnmp/gosnmp v1.38.0 h1:I5ZOMR8kb0DXAFg/88ACurnuwGwYkXWq3eLpJPHMEYc=
+github.com/gosnmp/gosnmp v1.38.0/go.mod h1:FE+PEZvKrFz9afP9ii1W3cprXuVZ17ypCcyyfYuu5LY=
 github.com/grafana/loki/pkg/push v0.0.0-20240514112848-a1b1eeb09583 h1:dN3eF1S5fvVu2l9WoqYSvmNmPK8Uh2vjE4yUsBq80l4=
 github.com/grafana/loki/pkg/push v0.0.0-20240514112848-a1b1eeb09583/go.mod h1:lJEF/Wh5MYlmBem6tOYAFObkLsuikfrEf8Iy9AdMPiQ=
 github.com/grafana/regexp v0.0.0-20240518133315-a468a5bfb3bc h1:GN2Lv3MGO7AS6PrRoT6yV5+wkrOpcszoIsO4+4ds248=
diff --git a/receiver/snmpreceiver/go.mod b/receiver/snmpreceiver/go.mod
index e19ff6d123ce..5c007842e273 100644
--- a/receiver/snmpreceiver/go.mod
+++ b/receiver/snmpreceiver/go.mod
@@ -3,7 +3,7 @@ module github.com/open-telemetry/opentelemetry-collector-contrib/receiver/snmpre
 go 1.21.0
 
 require (
-	github.com/gosnmp/gosnmp v1.37.0
+	github.com/gosnmp/gosnmp v1.38.0
 	github.com/open-telemetry/opentelemetry-collector-contrib/pkg/golden v0.107.0
 	github.com/open-telemetry/opentelemetry-collector-contrib/pkg/pdatatest v0.107.0
 	github.com/stretchr/testify v1.9.0
diff --git a/receiver/snmpreceiver/go.sum b/receiver/snmpreceiver/go.sum
index c14c916b4ba5..9b9f702d3c81 100644
--- a/receiver/snmpreceiver/go.sum
+++ b/receiver/snmpreceiver/go.sum
@@ -57,8 +57,8 @@ github.com/google/go-cmp v0.6.0/go.mod h1:17dUlkBOakJ0+DkrSSNjCkIjxS6bF9zb3elmeN
 github.com/google/gofuzz v1.0.0/go.mod h1:dBl0BpW6vV/+mYPU4Po3pmUjxk6FQPldtuIdl/M65Eg=
 github.com/google/uuid v1.6.0 h1:NIvaJDMOsjHA8n1jAhLSgzrAzy1Hgr+hNrb57e+94F0=
 github.com/google/uuid v1.6.0/go.mod h1:TIyPZe4MgqvfeYDBFedMoGGpEw/LqOeaOT+nhxU+yHo=
-github.com/gosnmp/gosnmp v1.37.0 h1:/Tf8D3b9wrnNuf/SfbvO+44mPrjVphBhRtcGg22V07Y=
-github.com/gosnmp/gosnmp v1.37.0/go.mod h1:GDH9vNqpsD7f2HvZhKs5dlqSEcAS6s6Qp099oZRCR+M=
+github.com/gosnmp/gosnmp v1.38.0 h1:I5ZOMR8kb0DXAFg/88ACurnuwGwYkXWq3eLpJPHMEYc=
+github.com/gosnmp/gosnmp v1.38.0/go.mod h1:FE+PEZvKrFz9afP9ii1W3cprXuVZ17ypCcyyfYuu5LY=
 github.com/grpc-ecosystem/grpc-gateway/v2 v2.20.0 h1:bkypFPDjIYGfCYD5mRBvpqxfYX1YCS1PXdKYWi8FsN0=
 github.com/grpc-ecosystem/grpc-gateway/v2 v2.20.0/go.mod h1:P+Lt/0by1T8bfcF3z737NnSbmxQAppXMRziHUxPOC8k=
 github.com/hashicorp/go-version v1.7.0 h1:5tqGy27NaOTB8yJKUZELlFAS/LTKJkrmONwQKeRZfjY=