diff --git a/esphome/components/sendspin/__init__.py b/esphome/components/sendspin/__init__.py
index 6f5ccddb86d..58687ae8389 100644
--- a/esphome/components/sendspin/__init__.py
+++ b/esphome/components/sendspin/__init__.py
@@ -193,7 +193,7 @@ async def to_code(config: ConfigType) -> None:
         )
 
     # sendspin-cpp library
-    esp32.add_idf_component(name="sendspin/sendspin-cpp", ref="0.3.0")
+    esp32.add_idf_component(name="sendspin/sendspin-cpp", ref="0.3.1")
 
     cg.add_define("USE_SENDSPIN", True)  # for MDNS
 
diff --git a/esphome/idf_component.yml b/esphome/idf_component.yml
index f422d94097d..11531e6d7b4 100644
--- a/esphome/idf_component.yml
+++ b/esphome/idf_component.yml
@@ -92,6 +92,6 @@ dependencies:
   esp32async/asynctcp:
     version: 3.4.91
   sendspin/sendspin-cpp:
-    version: 0.3.0
+    version: 0.3.1
   lvgl/lvgl:
     version: 9.5.0