diff --git a/homeassistant/components/owlet/manifest.json b/homeassistant/components/owlet/manifest.json
index edc51dcc533..b89947343c9 100644
--- a/homeassistant/components/owlet/manifest.json
+++ b/homeassistant/components/owlet/manifest.json
@@ -3,7 +3,7 @@
   "name": "Owlet",
   "documentation": "https://www.home-assistant.io/components/owlet",
   "requirements": [
-    "pyowlet==1.0.2"
+    "pyowlet==1.0.3"
   ],
   "dependencies": [],
   "codeowners": [
diff --git a/requirements_all.txt b/requirements_all.txt
index a9ec02ffcc6..32983063775 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -1372,7 +1372,7 @@ pyotgw==0.4b4
 pyotp==2.3.0
 
 # homeassistant.components.owlet
-pyowlet==1.0.2
+pyowlet==1.0.3
 
 # homeassistant.components.openweathermap
 pyowm==2.10.0