diff --git a/eng/jacoco-test-coverage/pom.xml b/eng/jacoco-test-coverage/pom.xml
index a5e994905dba..06f95b11eb9c 100644
--- a/eng/jacoco-test-coverage/pom.xml
+++ b/eng/jacoco-test-coverage/pom.xml
@@ -44,7 +44,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-ai-formrecognizer</artifactId>
-      <version>3.1.0-beta.2</version> <!-- {x-version-update;com.azure:azure-ai-formrecognizer;current} -->
+      <version>3.0.4</version> <!-- {x-version-update;com.azure:azure-ai-formrecognizer;current} -->
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>
diff --git a/eng/versioning/version_client.txt b/eng/versioning/version_client.txt
index 462774241347..7614b1fa641d 100644
--- a/eng/versioning/version_client.txt
+++ b/eng/versioning/version_client.txt
@@ -37,7 +37,7 @@ com.azure:azure-sdk-all;1.0.0;1.0.0
 com.azure:azure-sdk-parent;1.6.0;1.6.0
 com.azure:azure-client-sdk-parent;1.7.0;1.7.0
 com.azure:azure-ai-anomalydetector;3.0.0-beta.1;3.0.0-beta.2
-com.azure:azure-ai-formrecognizer;3.0.3;3.1.0-beta.2
+com.azure:azure-ai-formrecognizer;3.0.3;3.0.4
 com.azure:azure-ai-metricsadvisor;1.0.0-beta.2;1.0.0-beta.3
 com.azure:azure-ai-textanalytics;5.0.1;5.1.0-beta.4
 com.azure:azure-analytics-synapse-accesscontrol;1.0.0-beta.1;1.0.0-beta.2
diff --git a/sdk/formrecognizer/azure-ai-formrecognizer/CHANGELOG.md b/sdk/formrecognizer/azure-ai-formrecognizer/CHANGELOG.md
index ce131783aa0d..f1992e819bbb 100644
--- a/sdk/formrecognizer/azure-ai-formrecognizer/CHANGELOG.md
+++ b/sdk/formrecognizer/azure-ai-formrecognizer/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Release History
 
+## 3.0.4 (2021-01-14)
+### Dependency updates
+- Update dependency version, `azure-core` to `1.12.0`, `azure-core-http-netty` to `1.7.1` and `azure-identity` to `1.2.2`.
+
 ## 3.0.3 (2020-11-10)
 ### Dependency updates
 - Update dependency version, `azure-core`, `azure-core-http-netty` and `azure-identity`.
diff --git a/sdk/formrecognizer/azure-ai-formrecognizer/README.md b/sdk/formrecognizer/azure-ai-formrecognizer/README.md
index ec3af15e8c66..0c2b972af128 100644
--- a/sdk/formrecognizer/azure-ai-formrecognizer/README.md
+++ b/sdk/formrecognizer/azure-ai-formrecognizer/README.md
@@ -23,7 +23,7 @@ from form documents. It includes the following main functionalities:
 <dependency>
     <groupId>com.azure</groupId>
     <artifactId>azure-ai-formrecognizer</artifactId>
-    <version>3.0.3</version>
+    <version>3.0.4</version>
 </dependency>
 ```
 [//]: # ({x-version-update-end})
@@ -121,7 +121,7 @@ Authentication with AAD requires some initial setup:
 <dependency>
     <groupId>com.azure</groupId>
     <artifactId>azure-identity</artifactId>
-    <version>1.2.0</version>
+    <version>1.2.2</version>
 </dependency>
 ```
 [//]: # ({x-version-update-end})
diff --git a/sdk/formrecognizer/azure-ai-formrecognizer/pom.xml b/sdk/formrecognizer/azure-ai-formrecognizer/pom.xml
index 7d1e1d462f60..6b9b249ec034 100644
--- a/sdk/formrecognizer/azure-ai-formrecognizer/pom.xml
+++ b/sdk/formrecognizer/azure-ai-formrecognizer/pom.xml
@@ -13,7 +13,7 @@
 
   <groupId>com.azure</groupId>
   <artifactId>azure-ai-formrecognizer</artifactId>
-  <version>3.0.3</version> <!-- {x-version-update;com.azure:azure-ai-formrecognizer;current} -->
+  <version>3.0.4</version> <!-- {x-version-update;com.azure:azure-ai-formrecognizer;current} -->
 
   <name>Microsoft Azure client library for Form Recognizer</name>
   <description>This package contains the Microsoft Azure Cognitive Services Form Recognizer SDK.</description>
@@ -36,25 +36,25 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core</artifactId>
-      <version>1.10.0</version> <!-- {x-version-update;com.azure:azure-core;dependency} -->
+      <version>1.12.0</version> <!-- {x-version-update;com.azure:azure-core;dependency} -->
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core-http-netty</artifactId>
-      <version>1.6.3</version> <!-- {x-version-update;com.azure:azure-core-http-netty;dependency} -->
+      <version>1.7.1</version> <!-- {x-version-update;com.azure:azure-core-http-netty;dependency} -->
     </dependency>
 
     <!-- Test Dependencies -->
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core-test</artifactId>
-      <version>1.5.1</version> <!-- {x-version-update;com.azure:azure-core-test;dependency} -->
+      <version>1.5.2</version> <!-- {x-version-update;com.azure:azure-core-test;dependency} -->
       <scope>test</scope>
     </dependency>
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-core-http-okhttp</artifactId>
-      <version>1.3.3</version> <!-- {x-version-update;com.azure:azure-core-http-okhttp;dependency} -->
+      <version>1.4.1</version> <!-- {x-version-update;com.azure:azure-core-http-okhttp;dependency} -->
       <scope>test</scope>
     </dependency>
     <dependency>
@@ -78,7 +78,7 @@
     <dependency>
       <groupId>com.azure</groupId>
       <artifactId>azure-identity</artifactId>
-      <version>1.2.0</version> <!-- {x-version-update;com.azure:azure-identity;dependency} -->
+      <version>1.2.2</version> <!-- {x-version-update;com.azure:azure-identity;dependency} -->
       <scope>test</scope>
     </dependency>
   </dependencies>