diff --git a/requirements-optional.txt b/requirements-optional.txt
index b4b654232..ab21e81ee 100644
--- a/requirements-optional.txt
+++ b/requirements-optional.txt
@@ -33,4 +33,4 @@ PyMuPDF
 # magika (onnxruntime), already a core dep via fastembed. We avoid the
 # [all]/Azure/audio extras (cloud + heavy). Pinned to a release >30 days old per
 # the dependency-age discussion in issue #485.
-markitdown[docx,pptx,xlsx,xls]==0.1.5
+markitdown[docx,pptx,xlsx,xls]==0.1.6
diff --git a/requirements.txt b/requirements.txt
index b71f9897b..493cb5206 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -3,8 +3,8 @@ uvicorn
 python-multipart
 python-dotenv
 httpx
-pydantic>=2.0
-pydantic-settings>=2.0
+pydantic>=2.13.4
+pydantic-settings>=2.14.1
 SQLAlchemy
 pypdf
 beautifulsoup4