diff --git a/CHANGELOG.md b/CHANGELOG.md
index fb5df23a..851fc1cb 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,7 @@ All notable changes to this project will be documented in this file.
 
 ## [1.3.12](https://github.com/Automattic/vip-go-ci/releases/tag/1.3.12) - 2024-15-05
 - [#386](https://github.com/Automattic/vip-go-ci/pull/386): Update VIPCS + dependencies
+- [#388](https://github.com/Automattic/vip-go-ci/pull/388): Update PHPCS, PHPUtils and PHPCompatibility dependencies
 
 ## [1.3.11](https://github.com/Automattic/vip-go-ci/releases/tag/1.3.11) - 2023-11-02
 - [#383](https://github.com/Automattic/vip-go-ci/pull/383): Temporarily roll back git requirement
diff --git a/tools-init.sh b/tools-init.sh
index 82f87d56..42e4cb9d 100755
--- a/tools-init.sh
+++ b/tools-init.sh
@@ -10,9 +10,9 @@ set -e
 
 # https://github.com/PHPCSStandards/PHP_CodeSniffer
 export PHP_CODESNIFFER_REPO="PHPCSStandards/PHP_CodeSniffer"
-export PHP_CODESNIFFER_VER="3.9.2"
+export PHP_CODESNIFFER_VER="3.10.0"
 export PHP_CODESNIFFER_VER_FILE="php-codesniffer-$PHP_CODESNIFFER_VER.txt"
-export PHP_CODESNIFFER_SHA1SUM="5b4b2063c6b4917fd196447a647e5b56a7023a6a"
+export PHP_CODESNIFFER_SHA1SUM="9776d7108bafcda3bfb457c55cae2a6322652136"
 
 # https://github.com/WordPress/WordPress-Coding-Standards
 export WP_CODING_STANDARDS_REPO="WordPress/WordPress-Coding-Standards"
@@ -40,21 +40,21 @@ export PHP_COMPATIBILITY_SHA1SUM="ee2b066a386664419f190ef55850a68172fd29e5"
 
 # https://github.com/phpcompatibility/phpcompatibilitywp
 export PHP_COMPATIBILITY_WP_REPO="phpcompatibility/phpcompatibilitywp"
-export PHP_COMPATIBILITY_WP_VER="2.1.4"
+export PHP_COMPATIBILITY_WP_VER="2.1.5"
 export PHP_COMPATIBILITY_WP_VER_FILE="php-compatibility-wp-$PHP_COMPATIBILITY_WP_VER.txt"
-export PHP_COMPATIBILITY_WP_SHA1SUM="e1f90246005b6265428e6c7313cd7335a49b9ac6"
+export PHP_COMPATIBILITY_WP_SHA1SUM="ed0f9717fde6dd295f2fe64b834051e13908203d"
 
 # https://github.com/phpcompatibility/phpcompatibilityparagonie
 export PHP_COMPATIBILITY_PARAGONIE_REPO="phpcompatibility/phpcompatibilityparagonie"
-export PHP_COMPATIBILITY_PARAGONIE_VER="1.3.2"
+export PHP_COMPATIBILITY_PARAGONIE_VER="1.3.3"
 export PHP_COMPATIBILITY_PARAGONIE_VER_FILE="php-compatibility-paragonie-$PHP_COMPATIBILITY_PARAGONIE_VER.txt"
-export PHP_COMPATIBILITY_PARAGONIE_SHA1SUM="7aa800cf9b2737ad64082cb70b4b4113d8c19cdb"
+export PHP_COMPATIBILITY_PARAGONIE_SHA1SUM="ce612de4aa56e6184570c69d5cabf56c29e90d30"
 
 # https://github.com/PHPCSStandards/PHPCSUtils
 export PHPCS_UTILS_REPO="PHPCSStandards/PHPCSUtils"
-export PHPCS_UTILS_VER="1.0.11"
+export PHPCS_UTILS_VER="1.0.12"
 export PHPCS_UTILS_VER_FILE="phpcs-utils-$PHPCS_UTILS_VER.txt"
-export PHPCS_UTILS_SHA1SUM="5c2ef745d960b4a865f0a17a97b9f2d69e12eecd"
+export PHPCS_UTILS_SHA1SUM="3877b9c263dee2b490520c58b98ad8c407d810b3"
 
 # https://github.com/PHPCSStandards/PHPCSExtra
 export PHPCS_EXTRA_REPO="PHPCSStandards/PHPCSExtra"