diff --git a/packages/react-native/gradle/libs.versions.toml b/packages/react-native/gradle/libs.versions.toml
index f21668ffff84..2f9c46664953 100644
--- a/packages/react-native/gradle/libs.versions.toml
+++ b/packages/react-native/gradle/libs.versions.toml
@@ -44,7 +44,7 @@ yoga-proguard-annotations = "1.19.0"
 boost="1_83_0"
 doubleconversion="1.1.6"
 fastFloat="8.0.0"
-fmt="11.0.2"
+fmt="12.1.0"
 folly="2024.11.18.00"
 glog="0.3.5"
 gflags="2.2.0"
diff --git a/packages/react-native/third-party-podspecs/RCT-Folly.podspec b/packages/react-native/third-party-podspecs/RCT-Folly.podspec
index 8df5864328b5..0c00066227ff 100644
--- a/packages/react-native/third-party-podspecs/RCT-Folly.podspec
+++ b/packages/react-native/third-party-podspecs/RCT-Folly.podspec
@@ -25,7 +25,7 @@ Pod::Spec.new do |spec|
   spec.dependency "DoubleConversion"
   spec.dependency "glog"
   spec.dependency "fast_float", "8.0.0"
-  spec.dependency "fmt", "11.0.2"
+  spec.dependency "fmt", "12.1.0"
   spec.compiler_flags = '-Wno-documentation -faligned-new'
   spec.source_files = 'folly/String.cpp',
                       'folly/Conv.cpp',
diff --git a/packages/react-native/third-party-podspecs/fmt.podspec b/packages/react-native/third-party-podspecs/fmt.podspec
index 2f38990e226c..a40c5755e049 100644
--- a/packages/react-native/third-party-podspecs/fmt.podspec
+++ b/packages/react-native/third-party-podspecs/fmt.podspec
@@ -8,14 +8,14 @@ fmt_git_url = fmt_config[:git]
 
 Pod::Spec.new do |spec|
   spec.name = "fmt"
-  spec.version = "11.0.2"
+  spec.version = "12.1.0"
   spec.license = { :type => "MIT" }
   spec.homepage = "https://github.com/fmtlib/fmt"
   spec.summary = "{fmt} is an open-source formatting library for C++. It can be used as a safe and fast alternative to (s)printf and iostreams."
   spec.authors = "The fmt contributors"
   spec.source = {
     :git => fmt_git_url,
-    :tag => "11.0.2"
+    :tag => "12.1.0"
   }
   spec.pod_target_xcconfig = {
     "CLANG_CXX_LANGUAGE_STANDARD" => rct_cxx_language_standard(),
diff --git a/scripts/releases/ios-prebuild/configuration.js b/scripts/releases/ios-prebuild/configuration.js
index 5719eaf3d13d..4a00cdc0e4b4 100644
--- a/scripts/releases/ios-prebuild/configuration.js
+++ b/scripts/releases/ios-prebuild/configuration.js
@@ -80,9 +80,9 @@ const dependencies /*: $ReadOnlyArray<Dependency> */ = [
   },
   {
     name: 'fmt',
-    version: '11.0.2',
+    version: '12.1.0',
     url: new URL(
-      'https://github.com/fmtlib/fmt/archive/refs/tags/11.0.2.tar.gz',
+      'https://github.com/fmtlib/fmt/archive/refs/tags/12.1.0.tar.gz',
     ),
     files: {
       sources: ['src/format.cc', 'include/fmt/*.h'],