diff --git a/build/util/Dockerfile b/build/util/Dockerfile
index d853dc9ce..0f387051a 100644
--- a/build/util/Dockerfile
+++ b/build/util/Dockerfile
@@ -1,5 +1,5 @@
-# Argo CD v2.10.17
-FROM quay.io/argoproj/argocd@sha256:3dab1de72dbf1f8e80d8b35f2bfbe90b649ecdaa27aaa588b9a4790c71f56fcb as argocd
+# Argo CD v2.10.18
+FROM quay.io/argoproj/argocd@sha256:ddc3e0fd1aa1f61bba5791cd7af5c60eee58b1cd4a0c63f5bc14c6746f7cb4cd as argocd
 
 # Final Image
 FROM docker.io/library/ubuntu:22.04
diff --git a/common/defaults.go b/common/defaults.go
index 450e0febe..dbda96d7a 100644
--- a/common/defaults.go
+++ b/common/defaults.go
@@ -64,7 +64,7 @@ const (
 	ArgoCDDefaultArgoImage = "quay.io/argoproj/argocd"
 
 	// ArgoCDDefaultArgoVersion is the Argo CD container image digest to use when version not specified.
-	ArgoCDDefaultArgoVersion = "sha256:3dab1de72dbf1f8e80d8b35f2bfbe90b649ecdaa27aaa588b9a4790c71f56fcb" // v2.10.17
+	ArgoCDDefaultArgoVersion = "sha256:ddc3e0fd1aa1f61bba5791cd7af5c60eee58b1cd4a0c63f5bc14c6746f7cb4cd" // v2.10.18
 
 	// ArgoCDDefaultBackupKeyLength is the length of the generated default backup key.
 	ArgoCDDefaultBackupKeyLength = 32
diff --git a/go.mod b/go.mod
index ab6c49c4c..b6e611ddb 100644
--- a/go.mod
+++ b/go.mod
@@ -3,7 +3,7 @@ module github.com/argoproj-labs/argocd-operator
 go 1.21
 
 require (
-	github.com/argoproj/argo-cd/v2 v2.10.17
+	github.com/argoproj/argo-cd/v2 v2.10.18
 	github.com/coreos/prometheus-operator v0.40.0
 	github.com/go-logr/logr v1.3.0
 	github.com/google/go-cmp v0.6.0
diff --git a/go.sum b/go.sum
index 3ae6926fe..3cbb2a9fe 100644
--- a/go.sum
+++ b/go.sum
@@ -649,8 +649,8 @@ github.com/apache/arrow/go/v11 v11.0.0/go.mod h1:Eg5OsL5H+e299f7u5ssuXsuHQVEGC4x
 github.com/apache/thrift v0.12.0/go.mod h1:cp2SuWMxlEZw2r+iP2GNCdIi4C1qmUzdZFSVb+bacwQ=
 github.com/apache/thrift v0.13.0/go.mod h1:cp2SuWMxlEZw2r+iP2GNCdIi4C1qmUzdZFSVb+bacwQ=
 github.com/apache/thrift v0.16.0/go.mod h1:PHK3hniurgQaNMZYaCLEqXKsYK8upmhPbmdP2FXSqgU=
-github.com/argoproj/argo-cd/v2 v2.10.17 h1:UC9KEE6e0XT0oVy+Dujazrk7uDtgxZW2W5HL0BmpZec=
-github.com/argoproj/argo-cd/v2 v2.10.17/go.mod h1:uyVs6t4r+GlTeMbTb3WOqB9yqCdK1txo55Ho7v+0yH0=
+github.com/argoproj/argo-cd/v2 v2.10.18 h1:PW5+Z3ob0HwV/lPxA7PXkiHziBzuPwrzquIhV+o0YRo=
+github.com/argoproj/argo-cd/v2 v2.10.18/go.mod h1:uyVs6t4r+GlTeMbTb3WOqB9yqCdK1txo55Ho7v+0yH0=
 github.com/argoproj/pkg v0.13.7-0.20230626144333-d56162821bd1 h1:qsHwwOJ21K2Ao0xPju1sNuqphyMnMYkyB3ZLoLtxWpo=
 github.com/argoproj/pkg v0.13.7-0.20230626144333-d56162821bd1/go.mod h1:CZHlkyAD1/+FbEn6cB2DQTj48IoLGvEYsWEvtzP3238=
 github.com/armon/circbuf v0.0.0-20150827004946-bbbad097214e/go.mod h1:3U/XgcO3hCbHZ8TKRvWD2dDTCfh9M9ya+I9JpbB7O8o=