diff --git a/changelog/10424.txt b/changelog/10424.txt
new file mode 100644
index 000000000..df4d9cfdc
--- /dev/null
+++ b/changelog/10424.txt
@@ -0,0 +1,3 @@
+```release-note:bug
+license: Fix license caching issue that prevents new licenses to get picked up by the license manager
+```
diff --git a/sdk/physical/cache.go b/sdk/physical/cache.go
index 6afd6088e..f48985844 100644
--- a/sdk/physical/cache.go
+++ b/sdk/physical/cache.go
@@ -29,6 +29,7 @@ var cacheExceptionsPaths = []string{
 	"sys/expire/",
 	"core/poison-pill",
 	"core/raft/tls",
+	"core/license",
 }
 
 // CacheRefreshContext returns a context with an added value denoting if the
diff --git a/vendor/github.com/hashicorp/vault/sdk/physical/cache.go b/vendor/github.com/hashicorp/vault/sdk/physical/cache.go
index 6afd6088e..f48985844 100644
--- a/vendor/github.com/hashicorp/vault/sdk/physical/cache.go
+++ b/vendor/github.com/hashicorp/vault/sdk/physical/cache.go
@@ -29,6 +29,7 @@ var cacheExceptionsPaths = []string{
 	"sys/expire/",
 	"core/poison-pill",
 	"core/raft/tls",
+	"core/license",
 }
 
 // CacheRefreshContext returns a context with an added value denoting if the