diff --git a/platform/mellanox/mft.mk b/platform/mellanox/mft.mk
index e6c9d9ba0ea6..229ba86b4a7b 100644
--- a/platform/mellanox/mft.mk
+++ b/platform/mellanox/mft.mk
@@ -1,7 +1,7 @@
 # Mellanox SAI
 
-MFT_VERSION = 4.13.5
-MFT_REVISION = 1
+MFT_VERSION = 4.14.0
+MFT_REVISION = 500
 
 export MFT_VERSION MFT_REVISION