diff --git a/requirements/coverage.txt b/requirements/coverage.txt
index f76b5b04e0..becc21ea9a 100644
--- a/requirements/coverage.txt
+++ b/requirements/coverage.txt
@@ -6,4 +6,4 @@ transformers ==4.52.4
 lightning_sdk
 diffusers==0.35.1
 accelerate
-bitsandbytes==0.48.0
+bitsandbytes==0.48.2
diff --git a/requirements/test.txt b/requirements/test.txt
index 28c5699ba2..9b367bee2b 100644
--- a/requirements/test.txt
+++ b/requirements/test.txt
@@ -17,7 +17,7 @@ absl-py # thunder/benchmarks/test_benchmark_litgpt.py
 pandas # thunder/benchmarks/test_benchmark_litgpt.py
 xlsxwriter # thunder/benchmarks/test_benchmark_litgpt.py
 jsonargparse # thunder/benchmarks/benchmark_litgpt.py
-bitsandbytes==0.48.0; 'arm' not in platform_machine and 'aarch' not in platform_machine
+bitsandbytes==0.48.2; 'arm' not in platform_machine and 'aarch' not in platform_machine
 bitsandbytes>=0.42,<0.43; 'arm' in platform_machine or 'aarch' in platform_machine
 transformers==4.55.4 # for test_networks.py
 diffusers==0.35.1 # for test_networks.py