diff --git a/.flowconfig b/.flowconfig
index 52b09a82977..da8b42f9829 100644
--- a/.flowconfig
+++ b/.flowconfig
@@ -91,4 +91,4 @@ untyped-import
 untyped-type-import
 
 [version]
-^0.241.0
+^0.242.0
diff --git a/package.json b/package.json
index 8e64569380b..273d9e34a0e 100644
--- a/package.json
+++ b/package.json
@@ -78,7 +78,7 @@
     "eslint-plugin-redundant-undefined": "^0.4.0",
     "eslint-plugin-relay": "^1.8.3",
     "flow-api-translator": "0.23.0",
-    "flow-bin": "^0.241.0",
+    "flow-bin": "^0.242.0",
     "glob": "^7.1.1",
     "hermes-eslint": "0.23.0",
     "hermes-transform": "0.23.0",
diff --git a/packages/react-native/index.js b/packages/react-native/index.js
index 95566f052e9..a15bd53bdb5 100644
--- a/packages/react-native/index.js
+++ b/packages/react-native/index.js
@@ -60,6 +60,7 @@ import typeof VirtualizedList from './Libraries/Lists/VirtualizedList';
 import typeof VirtualizedSectionList from './Libraries/Lists/VirtualizedSectionList';
 import typeof LogBox from './Libraries/LogBox/LogBox';
 import typeof Modal from './Libraries/Modal/Modal';
+// $FlowFixMe[invalid-exported-annotation]
 import typeof NativeDialogManagerAndroid from './Libraries/NativeModules/specs/NativeDialogManagerAndroid';
 import typeof Networking from './Libraries/Network/RCTNetworking';
 import typeof * as Systrace from './Libraries/Performance/Systrace';
diff --git a/yarn.lock b/yarn.lock
index a68d6102c53..ac45c6a1a87 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -4752,10 +4752,10 @@ flow-api-translator@0.23.0:
     hermes-transform "0.23.0"
     typescript "5.3.2"
 
-flow-bin@^0.241.0:
-  version "0.241.0"
-  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.241.0.tgz#5feaa98f6c892b5869ec936b46d6ad6d91b664f9"
-  integrity sha512-R1WROxAuWCOF5gMVqVYbb3iUvqP2OQyaYLSrkUxZrLonvjUJeedGx7nv79tdkoB7eRja3kY+/lQ/nbPtkFsqOA==
+flow-bin@^0.242.0:
+  version "0.242.1"
+  resolved "https://registry.yarnpkg.com/flow-bin/-/flow-bin-0.242.1.tgz#e8fb8c51d4870080ab3837ca87f983017e31d7c7"
+  integrity sha512-XVTRMnpie9dwK0Ounf0gj8LiLrEgmiQGUUEfKrS8c3KID3fBbct31KKS7fTbZJaY0VdEUs7k06ipWY5H97Igcw==
 
 flow-enums-runtime@^0.0.6:
   version "0.0.6"