diff --git a/pkg/schemes/argocd/argocdoperatorcommon/defaults.go b/pkg/schemes/argocd/argocdoperatorcommon/defaults.go
index 2f090ea86..f52ce982d 100644
--- a/pkg/schemes/argocd/argocdoperatorcommon/defaults.go
+++ b/pkg/schemes/argocd/argocdoperatorcommon/defaults.go
@@ -70,7 +70,7 @@ const (
 	ArgoCDDefaultArgoImage = "quay.io/argoproj/argocd"
 
 	// ArgoCDDefaultArgoVersion is the Argo CD container image digest to use when version not specified.
-	ArgoCDDefaultArgoVersion = "sha256:68894064bc381c19ea951029510aa614bd26bf46c2ec65ea445c7d8d095a9417" // v2.12.3
+	ArgoCDDefaultArgoVersion = "sha256:19608c266cc41e4986d9b1c2b79ea4c42bb9430269eefc5005e9d65be4d22868" // v2.13.1
 
 	// ArgoCDDefaultBackupKeyLength is the length of the generated default backup key.
 	ArgoCDDefaultBackupKeyLength = 32