diff --git a/esphome/components/sendspin/__init__.py b/esphome/components/sendspin/__init__.py
index e20925f323d..d0c2112ba90 100644
--- a/esphome/components/sendspin/__init__.py
+++ b/esphome/components/sendspin/__init__.py
@@ -198,7 +198,7 @@ async def to_code(config: ConfigType) -> None:
         psram.request_external_task_stack()
 
     # sendspin-cpp library
-    esp32.add_idf_component(name="sendspin/sendspin-cpp", ref="0.7.0")
+    esp32.add_idf_component(name="sendspin/sendspin-cpp", ref="0.7.1")
 
     cg.add_define("USE_SENDSPIN", True)  # for MDNS
 
diff --git a/esphome/idf_component.yml b/esphome/idf_component.yml
index b4b20cf221b..9448b93cc9a 100644
--- a/esphome/idf_component.yml
+++ b/esphome/idf_component.yml
@@ -98,7 +98,7 @@ dependencies:
   esp32async/asynctcp:
     version: 3.4.91
   sendspin/sendspin-cpp:
-    version: 0.7.0
+    version: 0.7.1
   lvgl/lvgl:
     version: 9.5.0
   fastled/FastLED: