diff --git a/example.env b/example.env
index 8ff60188..590a04e7 100644
--- a/example.env
+++ b/example.env
@@ -1,6 +1,6 @@
 # Reference: https://github.com/frappe/frappe_docker/blob/main/docs/images-and-compose-files.md
 
-FRAPPE_VERSION=v14.15.0
+FRAPPE_VERSION=v14.16.0
 
 # Only with ERPNext override
 ERPNEXT_VERSION=v14.7.0
diff --git a/pwd.yml b/pwd.yml
index b540e556..99227ee7 100644
--- a/pwd.yml
+++ b/pwd.yml
@@ -172,7 +172,7 @@ services:
       - assets:/home/frappe/frappe-bench/sites/assets
 
   websocket:
-    image: frappe/frappe-socketio:v14.15.0
+    image: frappe/frappe-socketio:v14.16.0
     deploy:
       restart_policy:
         condition: on-failure