diff --git a/llvm/utils/git/requirements_formatting.txt b/llvm/utils/git/requirements_formatting.txt
index ff744f0d4225..0545e452ab2e 100644
--- a/llvm/utils/git/requirements_formatting.txt
+++ b/llvm/utils/git/requirements_formatting.txt
@@ -4,7 +4,7 @@
 #
 #    pip-compile --output-file=llvm/utils/git/requirements_formatting.txt llvm/utils/git/requirements_formatting.txt.in
 #
-black==23.9.1
+black==24.3.0
     # via
     #   -r llvm/utils/git/requirements_formatting.txt.in
     #   darker
diff --git a/llvm/utils/git/requirements_formatting.txt.in b/llvm/utils/git/requirements_formatting.txt.in
index 4aac571af1cf..244cb435a01b 100644
--- a/llvm/utils/git/requirements_formatting.txt.in
+++ b/llvm/utils/git/requirements_formatting.txt.in
@@ -1,3 +1,3 @@
-black~=23.0
+black~=24.3
 darker==1.7.2
 PyGithub==1.59.1