diff --git a/Makefile b/Makefile
index 9f49626d0..b5c21500c 100644
--- a/Makefile
+++ b/Makefile
@@ -16,7 +16,7 @@ HELM_VERSION := v3.16.1
 KUBECTL_VERSION := v1.30.3
 KUSTOMIZE_VERSION := v5.4.3
 OPERATOR_SDK_VERSION := v1.31.0
-PIPENV_VERSION := 2024.0.1
+PIPENV_VERSION := 2024.0.3
 YQ_VERSION := v4.44.3
 
 #