diff --git a/packages/react-devtools-scheduling-profiler/package.json b/packages/react-devtools-scheduling-profiler/package.json
index 705261279e304..39f5493a5d599 100644
--- a/packages/react-devtools-scheduling-profiler/package.json
+++ b/packages/react-devtools-scheduling-profiler/package.json
@@ -27,9 +27,9 @@
     "style-loader": "^1.2.1",
     "url-loader": "^4.1.0",
     "vercel": "^20.1.0",
-    "webpack": "^4.44.1",
+    "webpack": "^5.1.1",
     "webpack-cli": "^3.3.12",
-    "webpack-dev-server": "^3.11.0",
+    "webpack-dev-server": "^4.8.0",
     "worker-loader": "^3.0.2"
   }
 }