diff --git a/.github/workflows/pr_prek.yaml b/.github/workflows/pr_prek.yaml
index 20720ae9..d18ce109 100644
--- a/.github/workflows/pr_prek.yaml
+++ b/.github/workflows/pr_prek.yaml
@@ -9,7 +9,7 @@ permissions: {}
 
 env:
   CARGO_TERM_COLOR: always
-  RUST_TOOLCHAIN_VERSION: "nightly-2025-05-26"
+  RUST_TOOLCHAIN_VERSION: "nightly-2026-08-23"
   HADOLINT_VERSION: "v1.17.6"
   NIX_VERSION: "2.25.2"
 
diff --git a/.github/workflows/pr_stackablectl.yml b/.github/workflows/pr_stackablectl.yml
index 04c74154..b1f2f6a6 100644
--- a/.github/workflows/pr_stackablectl.yml
+++ b/.github/workflows/pr_stackablectl.yml
@@ -15,7 +15,7 @@ on:
       - "extra/**"
 
 env:
-  RUST_VERSION: 1.95.0
+  RUST_VERSION: 1.97.1
   GO_VERSION: '^1.26.0'
   CARGO_TERM_COLOR: always
   CARGO_INCREMENTAL: "0"
diff --git a/.github/workflows/release_stackablectl.yml b/.github/workflows/release_stackablectl.yml
index 999e9828..a41a8d25 100644
--- a/.github/workflows/release_stackablectl.yml
+++ b/.github/workflows/release_stackablectl.yml
@@ -9,7 +9,7 @@ on:
 
 env:
   CARGO_CYCLONEDX_VERSION: 0.5.7
-  RUST_VERSION: 1.95.0
+  RUST_VERSION: 1.97.1
   CARGO_TERM_COLOR: always
   CARGO_INCREMENTAL: "0"
   CARGO_PROFILE_DEV_DEBUG: "0"
diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml
index 1feac396..608397a2 100644
--- a/.pre-commit-config.yaml
+++ b/.pre-commit-config.yaml
@@ -120,7 +120,7 @@ repos:
         files: \.rs$
         language: system
         # Pinning to a specific rustc version, so that we get consistent formatting
-        entry: cargo +nightly-2025-05-26 fmt --all -- --check
+        entry: cargo +nightly-2026-08-23 fmt --all -- --check
         stages: [pre-commit]
         pass_filenames: false
 
diff --git a/rust-toolchain.toml b/rust-toolchain.toml
index f92020c6..30a41bc1 100644
--- a/rust-toolchain.toml
+++ b/rust-toolchain.toml
@@ -1,3 +1,3 @@
 [toolchain]
-channel = "1.95.0"
+channel = "1.97.1"
 profile = "default"