diff --git a/misc/dbt-materialize/requirements.txt b/misc/dbt-materialize/requirements.txt
index 2c5e97116c685..f5e972aa5d2f8 100644
--- a/misc/dbt-materialize/requirements.txt
+++ b/misc/dbt-materialize/requirements.txt
@@ -1,24 +1,24 @@
 agate==1.9.1
-annotated-types==0.7.0
+annotated-types==0.8.0
 attrs==26.1.0
 babel==2.18.0
-certifi==2026.5.20
-charset-normalizer==3.4.7
-click==8.4.0
+certifi==2026.7.22
+charset-normalizer==3.4.9
+click==8.4.2
 colorama==0.4.6
 daff==1.4.2
-dbt-adapters==1.24.2
+dbt-adapters==1.24.5
 dbt-common==1.38.0
-dbt-core==1.11.11
+dbt-core==1.12.0
 dbt-extractor==0.6.0
 dbt-materialize @ file:///dbt-materialize
-dbt-postgres==1.10.0
-dbt-protos==1.0.498
+dbt-postgres==1.11.0
+dbt-protos==1.0.541
 dbt-semantic-interfaces==0.9.0
 dbt-tests-adapter @ git+https://github.com/dbt-labs/dbt-adapters.git@f6ee73c42f1d34132ed489defb9eb9ef83221256#subdirectory=dbt-tests-adapter
 deepdiff==8.6.2
 freezegun==1.5.5
-idna==3.16
+idna==3.18
 importlib_metadata==8.7.1
 iniconfig==2.3.0
 isodate==0.6.1
@@ -32,21 +32,21 @@ more-itertools==10.8.0
 msgpack==1.2.1
 networkx==3.4.2
 orderly-set==5.5.0
-packaging==26.2
+packaging==26.3
 parsedatetime==2.6
 pathspec==0.12.1
 pluggy==1.6.0
 protobuf==6.33.5
 psycopg2-binary==2.9.12
 pydantic==2.13.4
-pydantic_core==2.46.4
+pydantic_core==2.48.0
 Pygments==2.20.0
 pytest==9.0.3
 pytest-split==0.11.0
 python-dateutil==2.9.0.post0
 python-slugify==8.0.4
 pytimeparse==1.1.8
-pytz==2026.2
+pytz==2026.3.post1
 PyYAML==6.0.3
 referencing==0.37.0
 requests==2.34.2
@@ -56,6 +56,6 @@ snowplow-tracker==1.1.0
 sqlparse==0.5.5
 text-unidecode==1.3
 typing-inspection==0.4.2
-typing_extensions==4.15.0
+typing_extensions==4.16.0
 urllib3==2.7.0
 zipp==3.23.0
diff --git a/misc/dbt-materialize/setup.py b/misc/dbt-materialize/setup.py
index 48678b667af05..de381303e9f47 100644
--- a/misc/dbt-materialize/setup.py
+++ b/misc/dbt-materialize/setup.py
@@ -52,7 +52,7 @@
         "dbt-adapters>=1.7,<2.0",
         # add dbt-core to ensure backwards compatibility of installation, this is not a functional dependency
         "dbt-core>=1.8.0",
-        "dbt-postgres>=1.8,<1.11",
+        "dbt-postgres>=1.8,<1.12",
     ],
     extras_require=extras_require,
 )