diff --git a/pyproject.toml b/pyproject.toml
index b13ac5708..36012652b 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -33,24 +33,24 @@ include = ["pytest_splunk_addon/**/*.json", "pytest_splunk_addon/**/*.txt"]
 
 [tool.poetry.dependencies]
 python = "^3.7"
-pytest = ">5.4.0,<8"
+pytest = ">8.3,<9"
 splunk-sdk = ">=1.6"
 requests = "^2.31.0"
-jsonschema = "^v4.17.3"
+jsonschema = "^4.17.3"
 pytest-xdist = "^3.5.0"
 filelock = "^3.0"
 pytest-ordering = "~0.6"
-junitparser = "^2.2.0"
+junitparser = "^3.0.0"
 addonfactory-splunk-conf-parser-lib = "*"
 defusedxml = "^0.7.1"
-Faker = "^18.0.0"
+Faker = "^26.0.0"
 xmltodict = "^0.13.0"
-xmlschema = "^2.5.1"
+xmlschema = "^3.0.0"
 splunksplwrapper = "^1.1.1"
 urllib3 = "<2"
 
 [tool.poetry.group.dev.dependencies]
-pytest-cov = "^4"
+pytest-cov = "^5.0.0"
 requests-mock = "^1.8.0"
 freezegun = "^1.5.1"
 pytz = "^2024.1"