diff --git a/gradle.properties b/gradle.properties
index f62062154b..ed4fedc5e4 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -12,7 +12,7 @@ rust.msrv=1.70.0
 org.gradle.jvmargs=-Xmx1024M
 
 # Version number to use for the generated stable runtime crates
-smithy.rs.runtime.crate.stable.version=1.0.2
+smithy.rs.runtime.crate.stable.version=1.0.3
 
 # Version number to use for the generated unstable runtime crates
 smithy.rs.runtime.crate.unstable.version=0.60.0