diff --git a/build/util/Dockerfile b/build/util/Dockerfile
index 04efec2ad..9d0846748 100644
--- a/build/util/Dockerfile
+++ b/build/util/Dockerfile
@@ -1,5 +1,5 @@
-# Argo CD v2.12.4
-FROM quay.io/argoproj/argocd@sha256:4fa3135b836a32c1b366375c6697cddbe279cb6fc315acb11a5395c300f23967 as argocd
+# Argo CD v2.12.6
+FROM quay.io/argoproj/argocd@sha256:86081736f6494292671f079f497f28dd332e2aabdab7d790317b1e5956ad64da as argocd
 
 # Final Image
 FROM docker.io/library/ubuntu:24.04
diff --git a/common/defaults.go b/common/defaults.go
index 5398ea261..1c0439a35 100644
--- a/common/defaults.go
+++ b/common/defaults.go
@@ -70,7 +70,7 @@ const (
 	ArgoCDDefaultArgoImage = "quay.io/argoproj/argocd"
 
 	// ArgoCDDefaultArgoVersion is the Argo CD container image digest to use when version not specified.
-	ArgoCDDefaultArgoVersion = "sha256:4fa3135b836a32c1b366375c6697cddbe279cb6fc315acb11a5395c300f23967" // v2.12.4
+	ArgoCDDefaultArgoVersion = "sha256:86081736f6494292671f079f497f28dd332e2aabdab7d790317b1e5956ad64da" // v2.12.6
 
 	// ArgoCDDefaultBackupKeyLength is the length of the generated default backup key.
 	ArgoCDDefaultBackupKeyLength = 32
diff --git a/go.mod b/go.mod
index ddf2df32b..66615eb48 100644
--- a/go.mod
+++ b/go.mod
@@ -5,7 +5,7 @@ go 1.21.0
 toolchain go1.21.9
 
 require (
-	github.com/argoproj/argo-cd/v2 v2.12.4
+	github.com/argoproj/argo-cd/v2 v2.12.6
 	github.com/cert-manager/cert-manager v1.14.4
 	github.com/coreos/prometheus-operator v0.40.0
 	github.com/go-logr/logr v1.4.2
diff --git a/go.sum b/go.sum
index 384aa4870..e7a446e94 100644
--- a/go.sum
+++ b/go.sum
@@ -632,8 +632,8 @@ 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 v2.12.4 h1:mlKcLvCX6F8Gz5/q2v6ImsYbSLMTTCeKYYTwGZV5vx4=
-github.com/argoproj/argo-cd/v2 v2.12.4/go.mod h1:2fh6q4NX/cylbH6Ktx/KjJsX7sOBwF3jbGnO0IZyNOc=
+github.com/argoproj/argo-cd/v2 v2.12.6 h1:5EEdZbsyK1trxcm4AcCt5WNgGOAmXMdZSjEfe35IV7U=
+github.com/argoproj/argo-cd/v2 v2.12.6/go.mod h1:BS64uTH/mG3dEpulAI4oIyJiluuYdAbGlisR/s9FrEM=
 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=