diff --git a/examples/llm_ptq/requirements-t5.txt b/examples/llm_ptq/requirements-t5.txt
index 0347135464..d1d094caec 100644
--- a/examples/llm_ptq/requirements-t5.txt
+++ b/examples/llm_ptq/requirements-t5.txt
@@ -1 +1 @@
-transformers==4.48.0
+transformers==4.53.0
diff --git a/examples/vlm_ptq/requirements-vila.txt b/examples/vlm_ptq/requirements-vila.txt
index 7391a5f268..9ee2fcd9c1 100644
--- a/examples/vlm_ptq/requirements-vila.txt
+++ b/examples/vlm_ptq/requirements-vila.txt
@@ -1,3 +1,3 @@
 deepspeed>=0.16.0
 git+https://github.com/bfshi/scaling_on_scales.git
-transformers<=4.50.0
+transformers<=5.4.0
diff --git a/examples/windows/onnx_ptq/genai_llm/requirements.txt b/examples/windows/onnx_ptq/genai_llm/requirements.txt
index b50e200a0b..b72fd8ebd3 100644
--- a/examples/windows/onnx_ptq/genai_llm/requirements.txt
+++ b/examples/windows/onnx_ptq/genai_llm/requirements.txt
@@ -1,4 +1,4 @@
 datasets>=2.14.5
-onnx==1.19.0
-torch==2.9.0
-transformers==4.57.3
+onnx==1.21.0rc1
+torch==2.11.0
+transformers==5.4.0
diff --git a/examples/windows/onnx_ptq/sam2/requirements.txt b/examples/windows/onnx_ptq/sam2/requirements.txt
index 1329ad6d85..34c59b336e 100644
--- a/examples/windows/onnx_ptq/sam2/requirements.txt
+++ b/examples/windows/onnx_ptq/sam2/requirements.txt
@@ -1,3 +1,3 @@
-onnx==1.17.0
+onnx==1.21.0rc1
 onnxruntime-gpu==1.20.1
 opencv-python
diff --git a/examples/windows/onnx_ptq/whisper/requirements.txt b/examples/windows/onnx_ptq/whisper/requirements.txt
index 4bf2fb98e5..4dd8968d63 100644
--- a/examples/windows/onnx_ptq/whisper/requirements.txt
+++ b/examples/windows/onnx_ptq/whisper/requirements.txt
@@ -4,10 +4,10 @@ datasets==2.19.0
 evaluate
 jiwer
 librosa
-onnx==1.19.0
+onnx==1.21.0rc1
 onnxruntime-gpu==1.23.2
 optimum==1.23.3
 soundfile
-torch==2.7.0+cu128
+torch==2.8.0
 torchaudio==2.7.0+cu128
-transformers==4.57.3
+transformers==5.4.0
diff --git a/experimental/dms/pyproject.toml b/experimental/dms/pyproject.toml
index 6c2f1f0d71..49ea079d82 100644
--- a/experimental/dms/pyproject.toml
+++ b/experimental/dms/pyproject.toml
@@ -9,7 +9,7 @@ requires-python = ">=3.10,<3.14"
 description = "Dynamic Memory Sparsification (DMS) for KV cache compression"
 # NOTE: Run `uv lock --upgrade` in this directory to update the dependencies for vulnerability scanning.
 dependencies = [
-    "transformers==4.57.3",
+    "transformers==5.4.0",
     "datasets==4.4.2",
     "accelerate==1.4.0",
     "lm_eval[ruler]",
diff --git a/pyproject.toml b/pyproject.toml
index 96490dff0a..4f4e428643 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -58,7 +58,7 @@ onnx = [
     "lief",
     "ml_dtypes",
     "onnx-graphsurgeon",
-    "onnx~=1.19.0",
+    "onnx>=1.19,<1.22",
     "onnxconverter-common~=1.16.0",
     # ORT for Windows
     "onnxruntime-gpu==1.22.0; platform_system == 'Windows'",
@@ -81,7 +81,7 @@ hf = [
     "nltk",
     "peft>=0.17.0",
     "sentencepiece>=0.2.1",                                                           # Also implicitly used in test_unified_export_megatron, test_vllm_fakequant_megatron_export
-    "transformers>=4.56,<5.0",                                                        # Should match modelopt/torch/__init__.py and tox.ini
+    "transformers>=4.56,<6.0",                                                        # Should match modelopt/torch/__init__.py and tox.ini
     "wonderwords",
 ]
 dev-lint = [