diff --git a/helmfile.d/argo.yaml.gotmpl b/helmfile.d/argo.yaml.gotmpl
index 5df46c55..5c3ee1a8 100644
--- a/helmfile.d/argo.yaml.gotmpl
+++ b/helmfile.d/argo.yaml.gotmpl
@@ -43,7 +43,7 @@ releases:
 - name: argo-workflows
   namespace: argocd
   chart: argo/argo-workflows
-  version: 0.45.27
+  version: 0.47.3
   condition: argo.workflows.enabled
   missingFileHandler: Info
 - name: manifests