diff --git a/esphome/components/rp2040/__init__.py b/esphome/components/rp2040/__init__.py
index d027f48244..b262a068fb 100644
--- a/esphome/components/rp2040/__init__.py
+++ b/esphome/components/rp2040/__init__.py
@@ -74,12 +74,12 @@ def _format_framework_arduino_version(ver: cv.Version) -> str:
 # The default/recommended arduino framework version
 #  - https://github.com/earlephilhower/arduino-pico/releases
 #  - https://api.registry.platformio.org/v3/packages/earlephilhower/tool/framework-arduinopico
-RECOMMENDED_ARDUINO_FRAMEWORK_VERSION = cv.Version(3, 6, 0)
+RECOMMENDED_ARDUINO_FRAMEWORK_VERSION = cv.Version(3, 7, 2)
 
 # The platformio/raspberrypi version to use for arduino frameworks
 #  - https://github.com/platformio/platform-raspberrypi/releases
 #  - https://api.registry.platformio.org/v3/packages/platformio/platform/raspberrypi
-ARDUINO_PLATFORM_VERSION = cv.Version(1, 10, 0)
+ARDUINO_PLATFORM_VERSION = cv.Version(1, 12, 0)
 
 
 def _arduino_check_versions(value):
diff --git a/platformio.ini b/platformio.ini
index db5fb3a544..5fedd14086 100644
--- a/platformio.ini
+++ b/platformio.ini
@@ -154,13 +154,12 @@ extra_scripts = post:esphome/components/esp32/post_build.py.script
 ; These are common settings for the RP2040 using Arduino.
 [common:rp2040-arduino]
 extends = common:arduino
-board_build.core = earlephilhower
 board_build.filesystem_size = 0.5m
 
 platform = https://github.com/maxgerhardt/platform-raspberrypi.git
 platform_packages =
     ; earlephilhower/framework-arduinopico@~1.20602.0 ; Cannot use the platformio package until old releases stop getting deleted
-    earlephilhower/framework-arduinopico@https://github.com/earlephilhower/arduino-pico/releases/download/3.6.0/rp2040-3.6.0.zip
+    earlephilhower/framework-arduinopico@https://github.com/earlephilhower/arduino-pico/releases/download/3.7.2/rp2040-3.7.2.zip
 
 framework = arduino
 lib_deps =