diff --git a/docs/sources/setup/install/helm/reference.md b/docs/sources/setup/install/helm/reference.md
index 91df60bffd88..e687a560ef71 100644
--- a/docs/sources/setup/install/helm/reference.md
+++ b/docs/sources/setup/install/helm/reference.md
@@ -856,7 +856,7 @@ false
 			<td>string</td>
 			<td></td>
 			<td><pre lang="json">
-"v1.8.4"
+"v1.8.6"
 </pre>
 </td>
 		</tr>
diff --git a/production/helm/loki/CHANGELOG.md b/production/helm/loki/CHANGELOG.md
index 42972ff61cef..af81afff2a04 100644
--- a/production/helm/loki/CHANGELOG.md
+++ b/production/helm/loki/CHANGELOG.md
@@ -15,6 +15,7 @@ Entries should include a reference to the pull request that introduced the chang
 
 ## 5.42.0
 
+- [CHANGE] Changed versions of Loki v2.9.4 and GEL v1.8.6
 - [ENHANCEMENT] Bumped "grafana-agent-operator" depenency chart version to it's latest version
 
 ## 5.41.8
diff --git a/production/helm/loki/Chart.yaml b/production/helm/loki/Chart.yaml
index 812e724def1e..0f708caf4eac 100644
--- a/production/helm/loki/Chart.yaml
+++ b/production/helm/loki/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v2
 name: loki
 description: Helm chart for Grafana Loki in simple, scalable mode
 type: application
-appVersion: 2.9.3
+appVersion: 2.9.4
 version: 5.42.0
 home: https://grafana.github.io/helm-charts
 sources:
diff --git a/production/helm/loki/README.md b/production/helm/loki/README.md
index a89eaf0cd942..8f3ab16f5367 100644
--- a/production/helm/loki/README.md
+++ b/production/helm/loki/README.md
@@ -1,6 +1,6 @@
 # loki
 
-![Version: 5.42.0](https://img.shields.io/badge/Version-5.42.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 2.9.3](https://img.shields.io/badge/AppVersion-2.9.3-informational?style=flat-square)
+![Version: 5.42.0](https://img.shields.io/badge/Version-5.42.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 2.9.4](https://img.shields.io/badge/AppVersion-2.9.4-informational?style=flat-square)
 
 Helm chart for Grafana Loki in simple, scalable mode
 
diff --git a/production/helm/loki/values.yaml b/production/helm/loki/values.yaml
index c3d62491ce8e..e2937af382a7 100644
--- a/production/helm/loki/values.yaml
+++ b/production/helm/loki/values.yaml
@@ -376,7 +376,7 @@ enterprise:
   # Enable enterprise features, license must be provided
   enabled: false
   # Default verion of GEL to deploy
-  version: v1.8.4
+  version: v1.8.6
   # -- Optional name of the GEL cluster, otherwise will use .Release.Name
   # The cluster name must match what is in your GEL license
   cluster_name: null