diff --git a/esphome/components/audio/__init__.py b/esphome/components/audio/__init__.py
index fee582ca25c..fe111be31e7 100644
--- a/esphome/components/audio/__init__.py
+++ b/esphome/components/audio/__init__.py
@@ -220,7 +220,7 @@ async def to_code(config):
     data = _get_data()
 
     if data.micro_decoder_support:
-        add_idf_component(name="esphome/micro-decoder", ref="0.1.1")
+        add_idf_component(name="esphome/micro-decoder", ref="0.2.0")
 
         # All codecs are enabled by default in micro-decoder, so disable the ones that aren't requested to save flash
         if not data.flac_support:
diff --git a/esphome/idf_component.yml b/esphome/idf_component.yml
index 11531e6d7b4..cb7f5903cfd 100644
--- a/esphome/idf_component.yml
+++ b/esphome/idf_component.yml
@@ -6,7 +6,7 @@ dependencies:
   esphome/esp-micro-speech-features:
     version: 1.2.3
   esphome/micro-decoder:
-    version: 0.1.1
+    version: 0.2.0
   esphome/micro-flac:
     version: 0.1.1
   esphome/micro-opus: