diff --git a/esphome/components/wireguard/__init__.py b/esphome/components/wireguard/__init__.py
index d186259b31d5..717fe50d2c70 100644
--- a/esphome/components/wireguard/__init__.py
+++ b/esphome/components/wireguard/__init__.py
@@ -108,6 +108,6 @@ async def to_code(config):
     # the '+1' modifier is relative to the device's own address that will
     # be automatically added to the provided list.
     cg.add_build_flag(f"-DCONFIG_WIREGUARD_MAX_SRC_IPS={len(allowed_ips) + 1}")
-    cg.add_library("droscy/esp_wireguard", "0.3.0")
+    cg.add_library("droscy/esp_wireguard", "0.3.2")
 
     await cg.register_component(var, config)
diff --git a/platformio.ini b/platformio.ini
index a9eda3e4e396..09f479009a28 100644
--- a/platformio.ini
+++ b/platformio.ini
@@ -123,7 +123,7 @@ lib_deps =
     DNSServer                            ; captive_portal (Arduino built-in)
     esphome/ESP32-audioI2S@2.0.7         ; i2s_audio
     crankyoldgit/IRremoteESP8266@2.7.12  ; heatpumpir
-    droscy/esp_wireguard@0.3.0           ; wireguard
+    droscy/esp_wireguard@0.3.2           ; wireguard
 build_flags =
     ${common:arduino.build_flags}
     -DUSE_ESP32
@@ -142,7 +142,7 @@ framework = espidf
 lib_deps =
     ${common:idf.lib_deps}
     espressif/esp32-camera@1.0.0  ; esp32_camera
-    droscy/esp_wireguard@0.3.0    ; wireguard
+    droscy/esp_wireguard@0.3.2    ; wireguard
 build_flags =
     ${common:idf.build_flags}
     -Wno-nonnull-compare