diff --git a/onnxruntime/python/tools/transformers/models/stable_diffusion/requirements.txt b/onnxruntime/python/tools/transformers/models/stable_diffusion/requirements.txt
index ee9b9bfeef..0798b65930 100644
--- a/onnxruntime/python/tools/transformers/models/stable_diffusion/requirements.txt
+++ b/onnxruntime/python/tools/transformers/models/stable_diffusion/requirements.txt
@@ -1,5 +1,5 @@
 diffusers==0.24.0
-transformers==4.36.0
+transformers==4.38.0
 numpy>=1.24.1
 accelerate
 onnx==1.14.1