diff --git a/docs/changes/README.md b/docs/changes/README.md
index 6df37a5da..9a05adc50 100644
--- a/docs/changes/README.md
+++ b/docs/changes/README.md
@@ -12,7 +12,7 @@
 - Bump min Gradle requirement to 9.4.0. ([#2114](https://github.com/GradleUp/shadow/pull/2114))
 - Remove runtime dependencies on Commons Codec and Commons IO by using JDK APIs. ([#2136](https://github.com/GradleUp/shadow/pull/2136))
 - **POTENTIALLY BREAKING:** Remove `Serializable` from `DependencyFilter`. ([#2144](https://github.com/GradleUp/shadow/pull/2144))
-- Bump default R8 from `9.1.31` to `9.2.23`. ([#2157](https://github.com/GradleUp/shadow/pull/2157))
+- Bump default R8 from `9.1.31` to `9.4.14`. ([#2193](https://github.com/GradleUp/shadow/pull/2193))
 - Allow repackaging Service file classes with R8. ([#2174](https://github.com/GradleUp/shadow/pull/2174))
 
 ### Deprecated
diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index e7c3d61d2..aedbd8ab6 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -26,7 +26,7 @@ pluginPublish = { module = "com.gradle.publish:plugin-publish-plugin", version.r
 androidx-gradlePluginLints = "androidx.lint:lint-gradle:1.0.0"
 # Dummy to get renovate updates, the version is used in rootProject build.gradle with spotless.
 ktfmt = "com.facebook:ktfmt:0.64"
-r8 = "com.android.tools:r8:9.4.12"
+r8 = "com.android.tools:r8:9.4.14"
 
 junit-bom = "org.junit:junit-bom:6.1.3"
 assertk = "com.willowtreeapps.assertk:assertk:0.28.1"