diff --git a/pkgs/development/python-modules/dbt-common/default.nix b/pkgs/development/python-modules/dbt-common/default.nix
index 5880a9d479f9..66ff5dc526ef 100644
--- a/pkgs/development/python-modules/dbt-common/default.nix
+++ b/pkgs/development/python-modules/dbt-common/default.nix
@@ -44,12 +44,16 @@ buildPythonPackage rec {
     hash = "sha256-SIMg6ewnE6kY+drqcPlYrxt1XlWBurZU62FI/QnHAHY=";
   };
 
+  patches = [
+    # https://github.com/dbt-labs/dbt-common/pull/211
+    ./protobuf_5.patch
+  ];
+
   build-system = [ hatchling ];
 
   pythonRelaxDeps = [
     "agate"
     "deepdiff"
-    "protobuf"
   ];
 
   dependencies = [
diff --git a/pkgs/development/python-modules/dbt-common/protobuf_5.patch b/pkgs/development/python-modules/dbt-common/protobuf_5.patch
new file mode 100644
index 000000000000..4573011301ef
--- /dev/null
+++ b/pkgs/development/python-modules/dbt-common/protobuf_5.patch
@@ -0,0 +1,113 @@
+From f7c480139015cb8746f3fa751dc72b788d0ce8a0 Mon Sep 17 00:00:00 2001
+From: Eric Hauser <ewhauser@gmail.com>
+Date: Sat, 19 Oct 2024 15:52:16 -0600
+Subject: [PATCH] upgrade protobuf to >=5,<6
+
+---
+ dbt_common/events/base_types.py |  7 +++++--
+ dbt_common/events/functions.py  |  2 +-
+ dbt_common/events/types_pb2.py  | 18 ++++++++++++++----
+ pyproject.toml                  |  4 ++--
+ 4 files changed, 22 insertions(+), 9 deletions(-)
+
+diff --git a/dbt_common/events/base_types.py b/dbt_common/events/base_types.py
+index 781b2a0e..2f11e4c7 100644
+--- a/dbt_common/events/base_types.py
++++ b/dbt_common/events/base_types.py
+@@ -91,15 +91,18 @@ def __getattr__(self, key):
+ 
+     def to_dict(self):
+         return MessageToDict(
+-            self.pb_msg, preserving_proto_field_name=True, including_default_value_fields=True
++            self.pb_msg,
++            preserving_proto_field_name=True,
++            always_print_fields_with_no_presence=True,
+         )
+ 
+     def to_json(self) -> str:
+         return MessageToJson(
+             self.pb_msg,
+             preserving_proto_field_name=True,
+-            including_default_value_fields=True,
++            always_print_fields_with_no_presence=True,
+             indent=None,
++            sort_keys=True,
+         )
+ 
+     def level_tag(self) -> EventLevel:
+diff --git a/dbt_common/events/functions.py b/dbt_common/events/functions.py
+index 4e055aa4..86d68237 100644
+--- a/dbt_common/events/functions.py
++++ b/dbt_common/events/functions.py
+@@ -97,7 +97,7 @@ def msg_to_dict(msg: EventMsg) -> dict:
+         msg_dict = MessageToDict(
+             msg,
+             preserving_proto_field_name=True,
+-            including_default_value_fields=True,  # type: ignore
++            always_print_fields_with_no_presence=True,
+         )
+     except Exception as exc:
+         event_type = type(msg).__name__
+diff --git a/dbt_common/events/types_pb2.py b/dbt_common/events/types_pb2.py
+index 6574462e..1a3b91a5 100644
+--- a/dbt_common/events/types_pb2.py
++++ b/dbt_common/events/types_pb2.py
+@@ -1,12 +1,22 @@
+ # -*- coding: utf-8 -*-
+ # Generated by the protocol buffer compiler.  DO NOT EDIT!
++# NO CHECKED-IN PROTOBUF GENCODE
+ # source: types.proto
+-# Protobuf Python Version: 4.25.2
++# Protobuf Python Version: 5.28.2
+ """Generated protocol buffer code."""
+ from google.protobuf import descriptor as _descriptor
+ from google.protobuf import descriptor_pool as _descriptor_pool
++from google.protobuf import runtime_version as _runtime_version
+ from google.protobuf import symbol_database as _symbol_database
+ from google.protobuf.internal import builder as _builder
++_runtime_version.ValidateProtobufRuntimeVersion(
++    _runtime_version.Domain.PUBLIC,
++    5,
++    28,
++    2,
++    '',
++    'types.proto'
++)
+ # @@protoc_insertion_point(imports)
+ 
+ _sym_db = _symbol_database.Default()
+@@ -20,9 +30,9 @@
+ _globals = globals()
+ _builder.BuildMessageAndEnumDescriptors(DESCRIPTOR, _globals)
+ _builder.BuildTopDescriptorsAndMessages(DESCRIPTOR, 'types_pb2', _globals)
+-if _descriptor._USE_C_DESCRIPTORS == False:
+-  DESCRIPTOR._options = None
+-  _globals['_EVENTINFO_EXTRAENTRY']._options = None
++if not _descriptor._USE_C_DESCRIPTORS:
++  DESCRIPTOR._loaded_options = None
++  _globals['_EVENTINFO_EXTRAENTRY']._loaded_options = None
+   _globals['_EVENTINFO_EXTRAENTRY']._serialized_options = b'8\001'
+   _globals['_EVENTINFO']._serialized_start=62
+   _globals['_EVENTINFO']._serialized_end=335
+diff --git a/pyproject.toml b/pyproject.toml
+index 2e40385c..c2878d15 100644
+--- a/pyproject.toml
++++ b/pyproject.toml
+@@ -36,7 +36,7 @@ dependencies = [
+   "Jinja2>=3.1.3,<4",
+   "mashumaro[msgpack]>=3.9,<4.0",
+   "pathspec>=0.9,<0.13",
+-  "protobuf>=4.0.0,<5.0.0",
++  "protobuf>=5.0,<6.0",
+   "python-dateutil>=2.0,<3.0",
+   "requests<3.0.0",  # needs to match dbt-core
+   "typing-extensions>=4.4,<5.0",
+@@ -52,7 +52,7 @@ lint = [
+     "pytest>=7.3,<8.0",  # needed for linting tests
+     "types-Jinja2>=2.11,<3.0",
+     "types-jsonschema>=4.17,<5.0",
+-    "types-protobuf>=4.24,<5.0",
++    "types-protobuf>=5.0,<6.0",
+     "types-python-dateutil>=2.8,<3.0",
+     "types-PyYAML>=6.0,<7.0",
+     "types-requests"