diff --git a/esphome/components/esp32_hosted/__init__.py b/esphome/components/esp32_hosted/__init__.py
index 6d49053d6d..a51ae2cd66 100644
--- a/esphome/components/esp32_hosted/__init__.py
+++ b/esphome/components/esp32_hosted/__init__.py
@@ -105,7 +105,7 @@ async def to_code(config):
     if framework_ver >= cv.Version(5, 5, 0):
         esp32.add_idf_component(name="espressif/esp_wifi_remote", ref="1.4.0")
         esp32.add_idf_component(name="espressif/eppp_link", ref="1.1.4")
-        esp32.add_idf_component(name="espressif/esp_hosted", ref="2.12.0")
+        esp32.add_idf_component(name="espressif/esp_hosted", ref="2.12.1")
     else:
         esp32.add_idf_component(name="espressif/esp_wifi_remote", ref="0.13.0")
         esp32.add_idf_component(name="espressif/eppp_link", ref="0.2.0")
diff --git a/esphome/idf_component.yml b/esphome/idf_component.yml
index acd7f7a479..f7fd3e67bc 100644
--- a/esphome/idf_component.yml
+++ b/esphome/idf_component.yml
@@ -20,7 +20,7 @@ dependencies:
     rules:
       - if: "target in [esp32h2, esp32p4]"
   espressif/esp_hosted:
-    version: 2.12.0
+    version: 2.12.1
     rules:
       - if: "target in [esp32h2, esp32p4]"
   zorxx/multipart-parser: