diff --git a/CHANGES.md b/CHANGES.md
index 3666cd46..3f5a3ff8 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -11,6 +11,7 @@ Notable changes between versions.
 
 * Update nginx-ingress from v0.43.0 to [v0.44.0](https://github.com/kubernetes/ingress-nginx/releases/tag/controller-v0.44.0)
 * Update Prometheus from v2.24.1 to [v2.24.1](https://github.com/prometheus/prometheus/releases/tag/v2.24.1)
+* Update Grafana from v7.3.7 to [v7.4.0](https://github.com/grafana/grafana/releases/tag/v7.4.0)
 
 ## v1.20.2
 
diff --git a/addons/grafana/deployment.yaml b/addons/grafana/deployment.yaml
index a572f060..28e45d27 100644
--- a/addons/grafana/deployment.yaml
+++ b/addons/grafana/deployment.yaml
@@ -24,7 +24,7 @@ spec:
           type: RuntimeDefault
       containers:
         - name: grafana
-          image: docker.io/grafana/grafana:7.3.7
+          image: docker.io/grafana/grafana:7.4.0
           env:
             - name: GF_PATHS_CONFIG
               value: "/etc/grafana/custom.ini"