diff --git a/spack/gt4py-stable/spack.yaml b/spack/gt4py-stable/spack.yaml
index eb4d6940f1..9d44fb08e4 100644
--- a/spack/gt4py-stable/spack.yaml
+++ b/spack/gt4py-stable/spack.yaml
@@ -1,10 +1,10 @@
 spack:
     specs:
-        - py-icon4py@main%gcc@9.3.0 ^py-gt4py@1.0.1.7%gcc@9.3.0
+        - py-icon4py@main%gcc@9.3.0 ^py-gt4py@1.0.3.1%gcc@9.3.0
     view: false
     concretizer:
         unify: true
     develop:
         py-icon4py:
-            spec: py-icon4py@main%gcc@9.3.0 ^py-gt4py@1.0.1.7%gcc@9.3.0
+            spec: py-icon4py@main%gcc@9.3.0 ^py-gt4py@1.0.3.1%gcc@9.3.0
             path: ../../