diff --git a/kolla/common/sources.py b/kolla/common/sources.py
index 52735834de..782961d6d5 100644
--- a/kolla/common/sources.py
+++ b/kolla/common/sources.py
@@ -342,11 +342,11 @@ SOURCES = {
                      'elasticsearch_exporter'
                      '-${version}.linux-${debian_arch}.tar.gz')},
     'prometheus-memcached-exporter': {
-        'version': '0.13.0',
+        'version': '0.14.2',
         'type': 'url',
         'sha256': {
-            'amd64': 'ba6a218a36ce121fdcfd403ceb4874d1943903aa5aaa664ada3b953bad3b9f1c',  # noqa: E501
-            'arm64': '546a6d40c1e5ece56099e4538de5dfd577fc65d2d5aa3aa507269a203540cb44'},  # noqa: E501
+            'amd64': '11219035ad3cf63b174d04f52df7188fad8cd7a271631fba97a0e61b4d5e597f',  # noqa: E501
+            'arm64': '1790f7c87aa950b5c3d87c7db998be797087699290f5c1dccb16b1b4611056bc'},  # noqa: E501
         'location': ('https://github.com/'
                      'prometheus/memcached_exporter/'
                      'releases/download/v${version}/'
diff --git a/releasenotes/notes/prometheus-memcached-exporter-0.14.2-1e017c7d392feff5.yaml b/releasenotes/notes/prometheus-memcached-exporter-0.14.2-1e017c7d392feff5.yaml
new file mode 100644
index 0000000000..4884178f26
--- /dev/null
+++ b/releasenotes/notes/prometheus-memcached-exporter-0.14.2-1e017c7d392feff5.yaml
@@ -0,0 +1,4 @@
+---
+upgrade:
+  - |
+    Upgrade prometheus-memcached-exporter to version 0.14.2