diff --git a/pip-requirements.txt b/pip-requirements.txt
index b71e5c4015b..c221576bef3 100644
--- a/pip-requirements.txt
+++ b/pip-requirements.txt
@@ -12,9 +12,9 @@
 # https://www.python.org/dev/peps/pep-0440/#version-specifiers
 ##
 
-edk2-pytool-library==0.14.0
-edk2-pytool-extensions~=0.21.8
-edk2-basetools==0.1.43
+edk2-pytool-library==0.14.1
+edk2-pytool-extensions~=0.23.2
+edk2-basetools==0.1.48
 antlr4-python3-runtime==4.7.1
 lcov-cobertura==2.0.2