diff --git a/charts/stable/splunk/Chart.yaml b/charts/stable/splunk/Chart.yaml
index 1075c8fc84b..11e31627801 100644
--- a/charts/stable/splunk/Chart.yaml
+++ b/charts/stable/splunk/Chart.yaml
@@ -6,7 +6,7 @@ annotations:
   truecharts.org/min_helm_version: "3.11"
   truecharts.org/train: stable
 apiVersion: v2
-appVersion: 9.3.2
+appVersion: 9.4.0
 dependencies:
   - name: common
     version: 25.2.2
@@ -34,4 +34,4 @@ sources:
   - https://hub.docker.com/r/splunk/splunk
   - https://splunk.github.io/docker-splunk
 type: application
-version: 9.4.0
+version: 9.5.0
diff --git a/charts/stable/splunk/values.yaml b/charts/stable/splunk/values.yaml
index 220d1fb0c1b..fe912a7438c 100644
--- a/charts/stable/splunk/values.yaml
+++ b/charts/stable/splunk/values.yaml
@@ -1,7 +1,7 @@
 image:
   pullPolicy: IfNotPresent
   repository: docker.io/splunk/splunk
-  tag: 9.3.2@sha256:5b4bdeb96ccf53f9bb7f9f33529a4cb0b77f5e11946ac4068a617ceea8d9fe4e
+  tag: 9.4.0@sha256:3b725dfd03691f75d453515d96a5987ebf3cd5e0776e5621f6ed4a10b3c0d49c
 
 securityContext:
   container: