diff --git a/requirements.txt b/requirements.txt
index 3140d0a8a356..1367e00a89de 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -7,7 +7,7 @@ tzlocal==5.2    # from time
 tzdata>=2021.1  # from time
 pyserial==3.5
 platformio==6.1.11  # When updating platformio, also update Dockerfile
-esptool==4.6.2
+esptool==4.7.0
 click==8.1.7
 esphome-dashboard==20231107.0
 aioesphomeapi==18.4.0