diff --git a/packages/react-select/CHANGELOG.md b/packages/react-select/CHANGELOG.md
index 8dabac9e04..cd2f35663c 100644
--- a/packages/react-select/CHANGELOG.md
+++ b/packages/react-select/CHANGELOG.md
@@ -1,5 +1,11 @@
 # react-select
 
+## 5.7.4
+
+### Patch Changes
+
+- [`16414bb5`](https://github.com/JedWatson/react-select/commit/16414bb53295b362690d2b089d74182ddeabc1dd) [#5689](https://github.com/JedWatson/react-select/pull/5689) Thanks [@Rall3n](https://github.com/Rall3n)! - Resolve `defaultProps` deprecation warning for React v18+.
+
 ## 5.7.3
 
 ### Patch Changes
diff --git a/packages/react-select/package.json b/packages/react-select/package.json
index 8e05e4019e..829c4a87b4 100644
--- a/packages/react-select/package.json
+++ b/packages/react-select/package.json
@@ -1,6 +1,6 @@
 {
   "name": "react-select",
-  "version": "5.7.3",
+  "version": "5.7.4",
   "description": "A Select control built with and for ReactJS",
   "main": "dist/react-select.cjs.js",
   "module": "dist/react-select.esm.js",
diff --git a/packages/react-select/src/components/Menu.tsx b/packages/react-select/src/components/Menu.tsx
index d5cc0a79ad..7483fa045e 100644
--- a/packages/react-select/src/components/Menu.tsx
+++ b/packages/react-select/src/components/Menu.tsx
@@ -498,49 +498,53 @@ export const NoOptionsMessage = <
   Option,
   IsMulti extends boolean,
   Group extends GroupBase<Option>
->(
-  props: NoticeProps<Option, IsMulti, Group>
-) => {
-  const { children, innerProps } = props;
+>({
+  children = 'No options',
+  innerProps,
+  ...restProps
+}: NoticeProps<Option, IsMulti, Group>) => {
   return (
     <div
-      {...getStyleProps(props, 'noOptionsMessage', {
-        'menu-notice': true,
-        'menu-notice--no-options': true,
-      })}
+      {...getStyleProps(
+        { ...restProps, children, innerProps },
+        'noOptionsMessage',
+        {
+          'menu-notice': true,
+          'menu-notice--no-options': true,
+        }
+      )}
       {...innerProps}
     >
       {children}
     </div>
   );
 };
-NoOptionsMessage.defaultProps = {
-  children: 'No options',
-};
 
 export const LoadingMessage = <
   Option,
   IsMulti extends boolean,
   Group extends GroupBase<Option>
->(
-  props: NoticeProps<Option, IsMulti, Group>
-) => {
-  const { children, innerProps } = props;
+>({
+  children = 'Loading...',
+  innerProps,
+  ...restProps
+}: NoticeProps<Option, IsMulti, Group>) => {
   return (
     <div
-      {...getStyleProps(props, 'loadingMessage', {
-        'menu-notice': true,
-        'menu-notice--loading': true,
-      })}
+      {...getStyleProps(
+        { ...restProps, children, innerProps },
+        'loadingMessage',
+        {
+          'menu-notice': true,
+          'menu-notice--loading': true,
+        }
+      )}
       {...innerProps}
     >
       {children}
     </div>
   );
 };
-LoadingMessage.defaultProps = {
-  children: 'Loading...',
-};
 
 // ==============================
 // Menu Portal
diff --git a/packages/react-select/src/components/indicators.tsx b/packages/react-select/src/components/indicators.tsx
index 052cc13c90..51a2ecec28 100644
--- a/packages/react-select/src/components/indicators.tsx
+++ b/packages/react-select/src/components/indicators.tsx
@@ -287,17 +287,22 @@ export const LoadingIndicator = <
   Option,
   IsMulti extends boolean,
   Group extends GroupBase<Option>
->(
-  props: LoadingIndicatorProps<Option, IsMulti, Group>
-) => {
-  const { innerProps, isRtl } = props;
-
+>({
+  innerProps,
+  isRtl,
+  size = 4,
+  ...restProps
+}: LoadingIndicatorProps<Option, IsMulti, Group>) => {
   return (
     <div
-      {...getStyleProps(props, 'loadingIndicator', {
-        indicator: true,
-        'loading-indicator': true,
-      })}
+      {...getStyleProps(
+        { ...restProps, innerProps, isRtl, size },
+        'loadingIndicator',
+        {
+          indicator: true,
+          'loading-indicator': true,
+        }
+      )}
       {...innerProps}
     >
       <LoadingDot delay={0} offset={isRtl} />
@@ -306,4 +311,3 @@ export const LoadingIndicator = <
     </div>
   );
 };
-LoadingIndicator.defaultProps = { size: 4 };