diff --git a/changelog/14523.txt b/changelog/14523.txt
new file mode 100644
index 0000000000000..f3147315f2d5d
--- /dev/null
+++ b/changelog/14523.txt
@@ -0,0 +1,3 @@
+```release-note:bug
+cli: Fix panic caused by parsing key=value fields whose value is a single backslash
+```
diff --git a/command/kv_test.go b/command/kv_test.go
index f6f73ebe2b9b4..38cab013e1c98 100644
--- a/command/kv_test.go
+++ b/command/kv_test.go
@@ -134,6 +134,13 @@ func TestKVPutCommand(t *testing.T) {
 			v2ExpectedFields,
 			0,
 		},
+
+		{
+			"v2_single_value_backslash",
+			[]string{"kv/write/foo", "foo=\\"},
+			[]string{"created_time"},
+			0,
+		},
 	}
 
 	for _, tc := range cases {
@@ -557,7 +564,7 @@ func TestKVMetadataGetCommand(t *testing.T) {
 		{
 			"versions_exist",
 			[]string{"kv/foo"},
-			append(expectedTopLevelFields,  expectedVersionFields[:]...),
+			append(expectedTopLevelFields, expectedVersionFields[:]...),
 			0,
 		},
 	}
diff --git a/go.mod b/go.mod
index fbe7cbadcfbac..0d025a52e269c 100644
--- a/go.mod
+++ b/go.mod
@@ -72,7 +72,7 @@ require (
 	github.com/hashicorp/go-secure-stdlib/awsutil v0.1.5
 	github.com/hashicorp/go-secure-stdlib/base62 v0.1.2
 	github.com/hashicorp/go-secure-stdlib/gatedwriter v0.1.1
-	github.com/hashicorp/go-secure-stdlib/kv-builder v0.1.1
+	github.com/hashicorp/go-secure-stdlib/kv-builder v0.1.2
 	github.com/hashicorp/go-secure-stdlib/mlock v0.1.2
 	github.com/hashicorp/go-secure-stdlib/parseutil v0.1.4
 	github.com/hashicorp/go-secure-stdlib/password v0.1.1
diff --git a/go.sum b/go.sum
index 24c5c0b8120dc..c285d43459ef1 100644
--- a/go.sum
+++ b/go.sum
@@ -879,6 +879,8 @@ github.com/hashicorp/go-secure-stdlib/gatedwriter v0.1.1 h1:9um9R8i0+HbRHS9d64kd
 github.com/hashicorp/go-secure-stdlib/gatedwriter v0.1.1/go.mod h1:6RoRTSMDK2H/rKh3P/JIsk1tK8aatKTt3JyvIopi3GQ=
 github.com/hashicorp/go-secure-stdlib/kv-builder v0.1.1 h1:IJgULbAXuvWxzKFfu+Au1FUmHIJulS6N4F7Hkn+Kck0=
 github.com/hashicorp/go-secure-stdlib/kv-builder v0.1.1/go.mod h1:rf5JPE13wi+NwjgsmGkbg4b2CgHq8v7Htn/F0nDe/hg=
+github.com/hashicorp/go-secure-stdlib/kv-builder v0.1.2 h1:NS6BHieb/pDfx3M9jDdaPpGyyVp+aD4A3DjX3dgRmzs=
+github.com/hashicorp/go-secure-stdlib/kv-builder v0.1.2/go.mod h1:rf5JPE13wi+NwjgsmGkbg4b2CgHq8v7Htn/F0nDe/hg=
 github.com/hashicorp/go-secure-stdlib/mlock v0.1.1/go.mod h1:zq93CJChV6L9QTfGKtfBxKqD7BqqXx5O04A/ns2p5+I=
 github.com/hashicorp/go-secure-stdlib/mlock v0.1.2 h1:p4AKXPPS24tO8Wc8i1gLvSKdmkiSY5xuju57czJ/IJQ=
 github.com/hashicorp/go-secure-stdlib/mlock v0.1.2/go.mod h1:zq93CJChV6L9QTfGKtfBxKqD7BqqXx5O04A/ns2p5+I=