diff --git a/terraform/versions.tf b/terraform/versions.tf
index e86386d6daa0b397f2024317c1c56f30620134e7..1f1fc4f77554c53c3a1b6abac49e3829f183bd42 100644
--- a/terraform/versions.tf
+++ b/terraform/versions.tf
@@ -6,7 +6,7 @@ terraform {
     }
     hcloud = {
       source  = "hetznercloud/hcloud"
-      version = "1.37.0"
+      version = "1.38.2"
     }
     template = {
       source  = "hashicorp/template"