diff --git a/platform/mellanox/mft.mk b/platform/mellanox/mft.mk
index 9e4c08a33519..5191fa41bcf5 100644
--- a/platform/mellanox/mft.mk
+++ b/platform/mellanox/mft.mk
@@ -1,7 +1,7 @@
 # Mellanox SAI
 
-MFT_VERSION = 4.8.0
-MFT_REVISION = 26
+MFT_VERSION = 4.9.0
+MFT_REVISION = 38
 
 export MFT_VERSION MFT_REVISION