diff --git a/gradle-plugins/compose/src/main/kotlin/org/jetbrains/compose/ComposeCompilerCompatibility.kt b/gradle-plugins/compose/src/main/kotlin/org/jetbrains/compose/ComposeCompilerCompatibility.kt
index 0098b3ad8a1..4423ba2935b 100644
--- a/gradle-plugins/compose/src/main/kotlin/org/jetbrains/compose/ComposeCompilerCompatibility.kt
+++ b/gradle-plugins/compose/src/main/kotlin/org/jetbrains/compose/ComposeCompilerCompatibility.kt
@@ -8,7 +8,7 @@ internal object ComposeCompilerCompatibility {
         "1.7.10" to "1.3.0",
         "1.7.20" to "1.3.2.2",
         "1.8.0" to "1.4.0",
-        "1.8.10" to "1.4.2-rc02"
+        "1.8.10" to "1.4.2-rc03"
     )
 
     fun compilerVersionFor(kotlinVersion: String): String {
diff --git a/gradle-plugins/gradle.properties b/gradle-plugins/gradle.properties
index a960342674a..53fd03023bb 100644
--- a/gradle-plugins/gradle.properties
+++ b/gradle-plugins/gradle.properties
@@ -4,7 +4,7 @@ kotlin.code.style=official
 # Default version of Compose Libraries used by Gradle plugin
 compose.version=1.3.1-rc01
 # The latest version of Compose Compiler used by Gradle plugin. Used only in tests/CI.
-compose.tests.compiler.version=1.4.2-rc02
+compose.tests.compiler.version=1.4.2-rc03
 # The latest version of Kotlin compatible with compose.tests.compiler.version. Used only in tests/CI.
 compose.tests.compiler.compatible.kotlin.version=1.8.10
 # The latest version of Kotlin compatible with compose.tests.compiler.version for JS target. Used only on CI.