diff --git a/docker-compose.yaml b/docker-compose.yaml
index e6a463ef..9285540a 100644
--- a/docker-compose.yaml
+++ b/docker-compose.yaml
@@ -133,7 +133,7 @@ services:
       - "1031:1031"
 
   init_flipt:
-    image: docker.flipt.io/flipt/flipt:v1.46.2
+    image: docker.flipt.io/flipt/flipt:v1.49.2
     command: ["./flipt", "import", "/var/opt/flipt/flipt.yml"]
     environment:
       FLIPT_LOG_LEVEL: debug
@@ -144,7 +144,7 @@ services:
       - "flipt:/var/opt/flipt"
 
   flipt:
-    image: docker.flipt.io/flipt/flipt:v1.46.2
+    image: docker.flipt.io/flipt/flipt:v1.49.2
     command: ["./flipt", "--force-migrate"]
     environment:
       FLIPT_CORS_ENABLED: true