diff --git a/eng/Version.Details.xml b/eng/Version.Details.xml
index 3608f10d86ba..16f1c1f8e416 100644
--- a/eng/Version.Details.xml
+++ b/eng/Version.Details.xml
@@ -379,9 +379,9 @@
       <Uri>https://github.com/dotnet/runtime</Uri>
       <Sha>ad25468103550b322351efb21a45fb54566a8127</Sha>
     </Dependency>
-    <Dependency Name="System.Drawing.Common" Version="9.0.0-preview.2.24118.1">
+    <Dependency Name="System.Drawing.Common" Version="9.0.0-preview.3.24123.5">
       <Uri>https://github.com/dotnet/winforms</Uri>
-      <Sha>852f7ef241402c2336e085c82dca6f70b7400c21</Sha>
+      <Sha>dd5ae276be5f5e8c2203fd5f07bdc725a9891945</Sha>
     </Dependency>
     <Dependency Name="Microsoft.DotNet.Arcade.Sdk" Version="9.0.0-beta.24062.5">
       <Uri>https://github.com/dotnet/arcade</Uri>
diff --git a/eng/Versions.props b/eng/Versions.props
index f1a67306df9e..e37473022b04 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -172,7 +172,7 @@
     <!-- Packages from dotnet/symreader -->
     <MicrosoftSourceBuildIntermediatesymreaderVersion>2.1.0-beta.24105.1</MicrosoftSourceBuildIntermediatesymreaderVersion>
     <!-- Packages from dotnet/winforms -->
-    <SystemDrawingCommonVersion>9.0.0-preview.2.24118.1</SystemDrawingCommonVersion>
+    <SystemDrawingCommonVersion>9.0.0-preview.3.24123.5</SystemDrawingCommonVersion>
     <!-- Packages from dotnet/xdt -->
     <MicrosoftWebXdtVersion>9.0.0-preview.24119.2</MicrosoftWebXdtVersion>
     <MicrosoftSourceBuildIntermediatexdtVersion>9.0.0-preview.24119.2</MicrosoftSourceBuildIntermediatexdtVersion>