diff --git a/tests/constraints.txt b/tests/constraints.txt
index 7d7ae43ce6fb36..e39ef775e32b2c 100644
--- a/tests/constraints.txt
+++ b/tests/constraints.txt
@@ -22,7 +22,7 @@ py>=1.9.0
 pytest>=5.0,<7.5
 pytest-dependency==0.5.1
 pytest-html==4.1.1
-pytest-timeout==2.2.0
+pytest-timeout==2.3.1
 jax<=0.4.14
 jaxlib<=0.4.14
 torch>=1.13,<2.3
diff --git a/tests/e2e_tests/requirements.txt b/tests/e2e_tests/requirements.txt
index 5373e92bdfe3eb..e960a2dccc1af4 100644
--- a/tests/e2e_tests/requirements.txt
+++ b/tests/e2e_tests/requirements.txt
@@ -28,7 +28,7 @@ pytest-html
 pytest-json-report==1.5.0
 # pytest-metadata==1.7.0
 pytest-xdist==2.1.0
-pytest-timeout==2.2.0
+pytest-timeout==2.3.1
 
 # for common utils, e2e_tests
 openvino-dev