diff --git a/pkgs/tools/misc/opentelemetry-collector/default.nix b/pkgs/tools/misc/opentelemetry-collector/default.nix
index e9448f84fd24..2b0664c3c515 100644
--- a/pkgs/tools/misc/opentelemetry-collector/default.nix
+++ b/pkgs/tools/misc/opentelemetry-collector/default.nix
@@ -12,17 +12,17 @@ let
 in
 buildGoModule rec {
   pname = "opentelemetry-collector";
-  version = "0.71.0";
+  version = "0.74.0";
 
   src = fetchFromGitHub {
     owner = "open-telemetry";
     repo = "opentelemetry-collector";
     rev = "v${version}";
-    sha256 = "sha256-Y6HSz81edWklXhTbaK9LvdwmgNPRMtI1BD0IfcjWl3I=";
+    sha256 = "sha256-A2xiYCU2Lq/F59pQhgQD8sf1BcRvuaWKvGdxNGQ938E=";
   };
   # there is a nested go.mod
   sourceRoot = "source/cmd/otelcorecol";
-  vendorHash = "sha256-Zi9Rkfm+y0jZySwMJxAa5Sx/r5WAYvOVez3J0yQza2w=";
+  vendorHash = "sha256-VTPywVGs56lJxYLwmz71jBJ5ltxCZYUw0z6RslN2ZOE=";
 
   preBuild = ''
     # set the build version, can't be done via ldflags