diff --git a/java-shared-dependencies/third-party-dependencies/pom.xml b/java-shared-dependencies/third-party-dependencies/pom.xml
index d57814f48c..8ea3bb6bb4 100644
--- a/java-shared-dependencies/third-party-dependencies/pom.xml
+++ b/java-shared-dependencies/third-party-dependencies/pom.xml
@@ -35,7 +35,7 @@
     <httpcomponents.httpclient.version>4.5.14</httpcomponents.httpclient.version>
     <!-- ensure checker-qual version matches what Guava uses -->
     <checker-qual.version>3.40.0</checker-qual.version>
-    <perfmark-api.version>0.26.0</perfmark-api.version>
+    <perfmark-api.version>0.27.0</perfmark-api.version>
     <j2objc-annotations.version>2.8</j2objc-annotations.version>
   </properties>