diff --git a/rapids-cmake/cpm/versions.json b/rapids-cmake/cpm/versions.json
index 6a94a242..681de7b8 100644
--- a/rapids-cmake/cpm/versions.json
+++ b/rapids-cmake/cpm/versions.json
@@ -69,7 +69,7 @@
       ]
     },
     "nvcomp" : {
-      "version" : "2.6.1",
+      "version" : "3.0.4",
       "git_url" : "https://github.com/NVIDIA/nvcomp.git",
       "git_tag" : "v2.2.0",
       "proprietary_binary" : {