diff --git a/esphome/components/hub75/display.py b/esphome/components/hub75/display.py
index 0eeb4bba33a..f1e6ef42438 100644
--- a/esphome/components/hub75/display.py
+++ b/esphome/components/hub75/display.py
@@ -587,7 +587,7 @@ def _build_config_struct(
 async def to_code(config: ConfigType) -> None:
     add_idf_component(
         name="esphome/esp-hub75",
-        ref="0.3.0",
+        ref="0.3.2",
     )
 
     # Set compile-time configuration via build flags (so external library sees them)
diff --git a/esphome/idf_component.yml b/esphome/idf_component.yml
index 9be787d0cd2..b4a2c9b9097 100644
--- a/esphome/idf_component.yml
+++ b/esphome/idf_component.yml
@@ -32,7 +32,7 @@ dependencies:
     rules:
       - if: "target in [esp32s2, esp32s3, esp32p4]"
   esphome/esp-hub75:
-    version: 0.3.0
+    version: 0.3.2
     rules:
       - if: "target in [esp32, esp32s2, esp32s3, esp32c6, esp32p4]"
   esp32async/asynctcp: