diff --git a/gradle.properties b/gradle.properties
index 8e05b98c9..b39c2297c 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,4 +1,4 @@
-fiatVersion=1.47.0
+fiatVersion=1.48.0
 korkVersion=7.230.0
 org.gradle.parallel=true
 spinnakerGradleVersion=8.32.1