diff --git a/cost-analyzer/values.yaml b/cost-analyzer/values.yaml
index 902039355..de4798bb1 100644
--- a/cost-analyzer/values.yaml
+++ b/cost-analyzer/values.yaml
@@ -2030,7 +2030,7 @@ grafana:
     failureThreshold: 10
   image:
     repository: grafana/grafana
-    tag: 11.3.1
+    tag: 11.4.0
     pullPolicy: IfNotPresent
     # pullSecrets:
   securityContext: {}