diff --git a/meta-oe/recipes-support/lvm2/files/0001-include-libgen.h-for-basename.patch b/meta-oe/recipes-support/lvm2/files/0001-include-libgen.h-for-basename.patch
index c57bff865a..2fcbc12b22 100644
--- a/meta-oe/recipes-support/lvm2/files/0001-include-libgen.h-for-basename.patch
+++ b/meta-oe/recipes-support/lvm2/files/0001-include-libgen.h-for-basename.patch
@@ -1,4 +1,4 @@
-From 4e2dc175e99792d84873a4785ff1524845267c3e Mon Sep 17 00:00:00 2001
+From c7a63e17fc841eab5874aa5dc4e848e2bf300bf0 Mon Sep 17 00:00:00 2001
 From: Khem Raj <raj.khem@gmail.com>
 Date: Mon, 25 Mar 2024 13:07:28 -0700
 Subject: [PATCH] include libgen.h for basename
@@ -16,11 +16,11 @@ Signed-off-by: Khem Raj <raj.khem@gmail.com>
  1 file changed, 1 insertion(+)
 
 diff --git a/lib/device/device_id.c b/lib/device/device_id.c
-index b3330f2ba..291bd5c73 100644
+index a3f341bfc..0c05eb151 100644
 --- a/lib/device/device_id.c
 +++ b/lib/device/device_id.c
-@@ -28,6 +28,7 @@
- #include "lib/activate/activate.h"
+@@ -27,6 +27,7 @@
+ #include "lib/display/display.h"
  #include "device_mapper/misc/dm-ioctl.h"
  
 +#include <libgen.h>
diff --git a/meta-oe/recipes-support/lvm2/lvm2.inc b/meta-oe/recipes-support/lvm2/lvm2.inc
index 9ff7662a51..ffa6a9a15d 100644
--- a/meta-oe/recipes-support/lvm2/lvm2.inc
+++ b/meta-oe/recipes-support/lvm2/lvm2.inc
@@ -18,9 +18,9 @@ SRC_URI = "git://sourceware.org/git/lvm2.git;branch=main \
            file://0001-include-libgen.h-for-basename.patch \
            "
 
-SRCREV = "9f81fccd65a29030bf70417e8aca659ae536e081"
+SRCREV = "3a6e221c569eb253fa38a772b15e53b5de65b5d1"
 S = "${WORKDIR}/git"
-PV = "2.03.30"
+PV = "2.03.31"
 
 UPSTREAM_CHECK_GITTAGREGEX = "v(?P<pver>\d+(\_\d+)+)"