diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6d6c5d82762..2c79fea05bb 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -60,6 +60,7 @@ Also, that release drops support for Python 3.9, making Python 3.10 the minimum
 * Moved all SYCL kernel functors from `backend/extensions/` to a unified `backend/kernels/` directory hierarchy [#2816](https://github.com/IntelPython/dpnp/pull/2816)
 * `dpnp` uses pybind11 3.0.3 [#2834](https://github.com/IntelPython/dpnp/pull/2834)
 * Disabled `dpnp.tensor` tests by default in `conda build --test` to prevent OOM failures during package testing. Set `SKIP_TENSOR_TESTS=0` to re-enable them on systems with enough memory [#2860](https://github.com/IntelPython/dpnp/pull/2860)
+* `dpnp` uses pybind11 3.0.4 [#2865](https://github.com/IntelPython/dpnp/pull/2865)
 
 ### Deprecated
 
diff --git a/CMakeLists.txt b/CMakeLists.txt
index b5c1068c167..cd01d5b3f0f 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -106,8 +106,8 @@ find_package(Python 3.10...<3.15 REQUIRED COMPONENTS Development.Module NumPy)
 include(FetchContent)
 FetchContent_Declare(
     pybind11
-    URL https://github.com/pybind/pybind11/archive/refs/tags/v3.0.3.tar.gz
-    URL_HASH SHA256=787459e1e186ee82001759508fefa408373eae8a076ffe0078b126c6f8f0ec5e
+    URL https://github.com/pybind/pybind11/archive/refs/tags/v3.0.4.tar.gz
+    URL_HASH SHA256=74b6a2c2b4573a400cafb6ecbf60c98df300cd3d0041296b913d02b2cbbb2676
     FIND_PACKAGE_ARGS NAMES pybind11
 )
 FetchContent_MakeAvailable(pybind11)