diff --git a/CHANGELOG.next.asciidoc b/CHANGELOG.next.asciidoc
index 50745ccf6a24..120b7508a2b2 100644
--- a/CHANGELOG.next.asciidoc
+++ b/CHANGELOG.next.asciidoc
@@ -71,6 +71,7 @@ fields added to events containing the Beats version. {pull}37553[37553]
 - Lower logging level to debug when attempting to configure beats with unknown fields from autodiscovered events/environments {pull}[37816][37816]
 - Set timeout of 1 minute for FQDN requests {pull}37756[37756]
 - Fix the paths in the .cmd script added to the path by the Windows MSI to point to the new C:\Program Files installation location. https://github.com/elastic/elastic-stack-installers/pull/238
+- Upgrade elastic-agent-system-metrics to v0.9.2. Skips permissions errors when reading /proc/pid/io. {pull}38234[38234].
 
 *Auditbeat*
 
diff --git a/NOTICE.txt b/NOTICE.txt
index 03fe81074ae0..161c3469cef6 100644
--- a/NOTICE.txt
+++ b/NOTICE.txt
@@ -13041,11 +13041,11 @@ these terms.
 
 --------------------------------------------------------------------------------
 Dependency : github.com/elastic/elastic-agent-system-metrics
-Version: v0.9.1
+Version: v0.9.2
 Licence type (autodetected): Apache-2.0
 --------------------------------------------------------------------------------
 
-Contents of probable licence file $GOMODCACHE/github.com/elastic/elastic-agent-system-metrics@v0.9.1/LICENSE.txt:
+Contents of probable licence file $GOMODCACHE/github.com/elastic/elastic-agent-system-metrics@v0.9.2/LICENSE.txt:
 
                                  Apache License
                            Version 2.0, January 2004
diff --git a/go.mod b/go.mod
index c5ecc7a2a3ef..d3538b1b9fc8 100644
--- a/go.mod
+++ b/go.mod
@@ -204,7 +204,7 @@ require (
 	github.com/elastic/elastic-agent-autodiscover v0.6.7
 	github.com/elastic/elastic-agent-libs v0.7.5
 	github.com/elastic/elastic-agent-shipper-client v0.5.1-0.20230228231646-f04347b666f3
-	github.com/elastic/elastic-agent-system-metrics v0.9.1
+	github.com/elastic/elastic-agent-system-metrics v0.9.2
 	github.com/elastic/go-elasticsearch/v8 v8.12.0
 	github.com/elastic/mito v1.9.0
 	github.com/elastic/tk-btf v0.1.0
diff --git a/go.sum b/go.sum
index 0f47d7caa376..ded915e2c686 100644
--- a/go.sum
+++ b/go.sum
@@ -673,8 +673,8 @@ github.com/elastic/elastic-agent-libs v0.7.5 h1:4UMqB3BREvhwecYTs/L23oQp1hs/XUkc
 github.com/elastic/elastic-agent-libs v0.7.5/go.mod h1:pGMj5myawdqu+xE+WKvM5FQzKQ/MonikkWOzoFTJxaU=
 github.com/elastic/elastic-agent-shipper-client v0.5.1-0.20230228231646-f04347b666f3 h1:sb+25XJn/JcC9/VL8HX4r4QXSUq4uTNzGS2kxOE7u1U=
 github.com/elastic/elastic-agent-shipper-client v0.5.1-0.20230228231646-f04347b666f3/go.mod h1:rWarFM7qYxJKsi9WcV6ONcFjH/NA3niDNpTxO+8/GVI=
-github.com/elastic/elastic-agent-system-metrics v0.9.1 h1:r0ofKHgPpl+W09ie7tzGcCDC0d4NZbQUv37rSgHf4FM=
-github.com/elastic/elastic-agent-system-metrics v0.9.1/go.mod h1:9C1UEfj0P687HAzZepHszN6zXA+2tN2Lx3Osvq1zby8=
+github.com/elastic/elastic-agent-system-metrics v0.9.2 h1:/tvTKOt55EerU0WwGFoDhBlyWLgxyv7d8xCbny0bciw=
+github.com/elastic/elastic-agent-system-metrics v0.9.2/go.mod h1:VfJnKw4Jqrd9ddljXCwaGKJgN+7ADyyGk089NaXVsf0=
 github.com/elastic/elastic-transport-go/v8 v8.4.0 h1:EKYiH8CHd33BmMna2Bos1rDNMM89+hdgcymI+KzJCGE=
 github.com/elastic/elastic-transport-go/v8 v8.4.0/go.mod h1:YLHer5cj0csTzNFXoNQ8qhtGY1GTvSqPnKWKaqQE3Hk=
 github.com/elastic/fsevents v0.0.0-20181029231046-e1d381a4d270 h1:cWPqxlPtir4RoQVCpGSRXmLqjEHpJKbR60rxh1nQZY4=