diff --git a/build/util/Dockerfile b/build/util/Dockerfile
index 171d21af4..76de99508 100644
--- a/build/util/Dockerfile
+++ b/build/util/Dockerfile
@@ -1,5 +1,5 @@
-# Argo CD v2.6.3
-FROM quay.io/argoproj/argocd@sha256:0fd690bd7b89bd6f947b4000de33abd53ebcd36b57216f1c675a1127707b5eef as argocd
+# Argo CD v2.7.6
+FROM quay.io/argoproj/argocd@sha256:7daba5f38b23f4f091951b727db6f87dc04ad396fd21044401502438d633836e as argocd
 
 # Final Image
 FROM docker.io/library/ubuntu:22.04
diff --git a/common/defaults.go b/common/defaults.go
index 5355de053..05402b143 100644
--- a/common/defaults.go
+++ b/common/defaults.go
@@ -61,7 +61,7 @@ const (
 	ArgoCDDefaultArgoImage = "quay.io/argoproj/argocd"
 
 	// ArgoCDDefaultArgoVersion is the Argo CD container image digest to use when version not specified.
-	ArgoCDDefaultArgoVersion = "sha256:0fd690bd7b89bd6f947b4000de33abd53ebcd36b57216f1c675a1127707b5eef" // v2.6.3
+	ArgoCDDefaultArgoVersion = "sha256:7daba5f38b23f4f091951b727db6f87dc04ad396fd21044401502438d633836e" // v2.7.6
 
 	// ArgoCDDefaultBackupKeyLength is the length of the generated default backup key.
 	ArgoCDDefaultBackupKeyLength = 32
@@ -289,15 +289,20 @@ const (
 	ArgoCDDefaultServerSessionKeyNumSymbols = 0
 
 	// ArgoCDDefaultSSHKnownHosts is the default SSH Known hosts data.
-	ArgoCDDefaultSSHKnownHosts = `bitbucket.org ssh-rsa AAAAB3NzaC1yc2EAAAABIwAAAQEAubiN81eDcafrgMeLzaFPsw2kNvEcqTKl/VqLat/MaB33pZy0y3rJZtnqwR2qOOvbwKZYKiEO1O6VqNEBxKvJJelCq0dTXWT5pbO2gDXC6h6QDXCaHo6pOHGPUy+YBaGQRGuSusMEASYiWunYN0vCAI8QaXnWMXNMdFP3jHAJH0eDsoiGnLPBlBp4TNm6rYI74nMzgz3B9IikW4WVK+dc8KZJZWYjAuORU3jc1c/NPskD2ASinf8v3xnfXeukU0sJ5N6m5E8VLjObPEO+mN2t/FZTMZLiFqPWc/ALSqnMnnhwrNi2rbfg/rd/IpL8Le3pSBne8+seeFVBoGqzHM9yXw==
-github.com ssh-rsa AAAAB3NzaC1yc2EAAAABIwAAAQEAq2A7hRGmdnm9tUDbO9IDSwBK6TbQa+PXYPCPy6rbTrTtw7PHkccKrpp0yVhp5HdEIcKr6pLlVDBfOLX9QUsyCOV0wzfjIJNlGEYsdlLJizHhbn2mUjvSAHQqZETYP81eFzLQNnPHt4EVVUh7VfDESU84KezmD5QlWpXLmvU31/yMf+Se8xhHTvKSCZIFImWwoG6mbUoWf9nzpIoaSjB+weqqUUmpaaasXVal72J+UX2B+2RPW3RcT0eOzQgqlJL3RKrTJvdsjE3JEAvGq3lGHSZXy28G3skua2SmVi/w4yCE6gbODqnTWlg7+wC604ydGXA8VJiS5ap43JXiUFFAaQ==
+	ArgoCDDefaultSSHKnownHosts = `[ssh.github.com]:443 ecdsa-sha2-nistp256 AAAAE2VjZHNhLXNoYTItbmlzdHAyNTYAAAAIbmlzdHAyNTYAAABBBEmKSENjQEezOmxkZMy7opKgwFB9nkt5YRrYMjNuG5N87uRgg6CLrbo5wAdT/y6v0mKV0U2w0WZ2YB/++Tpockg=
+[ssh.github.com]:443 ssh-ed25519 AAAAC3NzaC1lZDI1NTE5AAAAIOMqqnkVzrm0SdG6UOoqKLsabgH5C9okWi0dh2l9GKJl
+[ssh.github.com]:443 ssh-rsa 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
+bitbucket.org ecdsa-sha2-nistp256 AAAAE2VjZHNhLXNoYTItbmlzdHAyNTYAAAAIbmlzdHAyNTYAAABBBPIQmuzMBuKdWeF4+a2sjSSpBK0iqitSQ+5BM9KhpexuGt20JpTVM7u5BDZngncgrqDMbWdxMWWOGtZ9UgbqgZE=
+bitbucket.org ssh-ed25519 AAAAC3NzaC1lZDI1NTE5AAAAIIazEu89wgQZ4bqs3d63QSMzYVa0MuJ2e2gKTKqu+UUO
+bitbucket.org ssh-rsa AAAAB3NzaC1yc2EAAAABIwAAAQEAubiN81eDcafrgMeLzaFPsw2kNvEcqTKl/VqLat/MaB33pZy0y3rJZtnqwR2qOOvbwKZYKiEO1O6VqNEBxKvJJelCq0dTXWT5pbO2gDXC6h6QDXCaHo6pOHGPUy+YBaGQRGuSusMEASYiWunYN0vCAI8QaXnWMXNMdFP3jHAJH0eDsoiGnLPBlBp4TNm6rYI74nMzgz3B9IikW4WVK+dc8KZJZWYjAuORU3jc1c/NPskD2ASinf8v3xnfXeukU0sJ5N6m5E8VLjObPEO+mN2t/FZTMZLiFqPWc/ALSqnMnnhwrNi2rbfg/rd/IpL8Le3pSBne8+seeFVBoGqzHM9yXw==
+github.com ecdsa-sha2-nistp256 AAAAE2VjZHNhLXNoYTItbmlzdHAyNTYAAAAIbmlzdHAyNTYAAABBBEmKSENjQEezOmxkZMy7opKgwFB9nkt5YRrYMjNuG5N87uRgg6CLrbo5wAdT/y6v0mKV0U2w0WZ2YB/++Tpockg=
+github.com ssh-ed25519 AAAAC3NzaC1lZDI1NTE5AAAAIOMqqnkVzrm0SdG6UOoqKLsabgH5C9okWi0dh2l9GKJl
+github.com ssh-rsa AAAAB3NzaC1yc2EAAAADAQABAAABgQCj7ndNxQowgcQnjshcLrqPEiiphnt+VTTvDP6mHBL9j1aNUkY4Ue1gvwnGLVlOhGeYrnZaMgRK6+PKCUXaDbC7qtbW8gIkhL7aGCsOr/C56SJMy/BCZfxd1nWzAOxSDPgVsmerOBYfNqltV9/hWCqBywINIR+5dIg6JTJ72pcEpEjcYgXkE2YEFXV1JHnsKgbLWNlhScqb2UmyRkQyytRLtL+38TGxkxCflmO+5Z8CSSNY7GidjMIZ7Q4zMjA2n1nGrlTDkzwDCsw+wqFPGQA179cnfGWOWRVruj16z6XyvxvjJwbz0wQZ75XK5tKSb7FNyeIEs4TT4jk+S4dhPeAUC5y+bDYirYgM4GC7uEnztnZyaVWQ7B381AK4Qdrwt51ZqExKbQpTUNn+EjqoTwvqNj4kqx5QUCI0ThS/YkOxJCXmPUWZbhjpCg56i+2aB6CmK2JGhn57K5mj0MNdBXA4/WnwH6XoPWJzK5Nyu2zB3nAZp+S5hpQs+p1vN1/wsjk=
 gitlab.com ecdsa-sha2-nistp256 AAAAE2VjZHNhLXNoYTItbmlzdHAyNTYAAAAIbmlzdHAyNTYAAABBBFSMqzJeV9rUzU4kWitGjeR4PWSa29SPqJ1fVkhtj3Hw9xjLVXVYrU9QlYWrOLXBpQ6KWjbjTDTdDkoohFzgbEY=
 gitlab.com ssh-ed25519 AAAAC3NzaC1lZDI1NTE5AAAAIAfuCHKVTjquxvt6CM6tdG4SLp1Btn/nOeHHE5UOzRdf
 gitlab.com ssh-rsa AAAAB3NzaC1yc2EAAAADAQABAAABAQCsj2bNKTBSpIYDEGk9KxsGh3mySTRgMtXL583qmBpzeQ+jqCMRgBqB98u3z++J1sKlXHWfM9dyhSevkMwSbhoR8XIq/U0tCNyokEi/ueaBMCvbcTHhO7FcwzY92WK4Yt0aGROY5qX2UKSeOvuP4D6TPqKF1onrSzH9bx9XUf2lEdWT/ia1NEKjunUqu1xOB/StKDHMoX4/OKyIzuS0q/T1zOATthvasJFoPrAjkohTyaDUz2LN5JoH839hViyEG82yB+MjcFV5MU3N1l1QL3cVUCh93xSaua1N85qivl+siMkPGbO5xR/En4iEY6K2XPASUEMaieWVNTRCtJ4S8H+9
 ssh.dev.azure.com ssh-rsa AAAAB3NzaC1yc2EAAAADAQABAAABAQC7Hr1oTWqNqOlzGJOfGJ4NakVyIzf1rXYd4d7wo6jBlkLvCA4odBlL0mDUyZ0/QUfTTqeu+tm22gOsv+VrVTMk6vwRU75gY/y9ut5Mb3bR5BV58dKXyq9A9UeB5Cakehn5Zgm6x1mKoVyf+FFn26iYqXJRgzIZZcZ5V6hrE0Qg39kZm4az48o0AUbf6Sp4SLdvnuMa2sVNwHBboS7EJkm57XQPVU3/QpyNLHbWDdzwtrlS+ez30S3AdYhLKEOxAG8weOnyrtLJAUen9mTkol8oII1edf7mWWbWVf0nBmly21+nZcmCTISQBtdcyPaEno7fFQMDD26/s0lfKob4Kw8H
 vs-ssh.visualstudio.com ssh-rsa AAAAB3NzaC1yc2EAAAADAQABAAABAQC7Hr1oTWqNqOlzGJOfGJ4NakVyIzf1rXYd4d7wo6jBlkLvCA4odBlL0mDUyZ0/QUfTTqeu+tm22gOsv+VrVTMk6vwRU75gY/y9ut5Mb3bR5BV58dKXyq9A9UeB5Cakehn5Zgm6x1mKoVyf+FFn26iYqXJRgzIZZcZ5V6hrE0Qg39kZm4az48o0AUbf6Sp4SLdvnuMa2sVNwHBboS7EJkm57XQPVU3/QpyNLHbWDdzwtrlS+ez30S3AdYhLKEOxAG8weOnyrtLJAUen9mTkol8oII1edf7mWWbWVf0nBmly21+nZcmCTISQBtdcyPaEno7fFQMDD26/s0lfKob4Kw8H
-github.com ecdsa-sha2-nistp256 AAAAE2VjZHNhLXNoYTItbmlzdHAyNTYAAAAIbmlzdHAyNTYAAABBBEmKSENjQEezOmxkZMy7opKgwFB9nkt5YRrYMjNuG5N87uRgg6CLrbo5wAdT/y6v0mKV0U2w0WZ2YB/++Tpockg=
-github.com ssh-ed25519 AAAAC3NzaC1lZDI1NTE5AAAAIOMqqnkVzrm0SdG6UOoqKLsabgH5C9okWi0dh2l9GKJl
 `
 )
 
diff --git a/go.mod b/go.mod
index 0d07e6f3c..29f03b302 100644
--- a/go.mod
+++ b/go.mod
@@ -3,7 +3,7 @@ module github.com/argoproj-labs/argocd-operator
 go 1.19
 
 require (
-	github.com/argoproj/argo-cd/v2 v2.6.7
+	github.com/argoproj/argo-cd/v2 v2.7.6
 	github.com/coreos/prometheus-operator v0.40.0
 	github.com/go-logr/logr v1.2.4
 	github.com/google/go-cmp v0.5.9
diff --git a/go.sum b/go.sum
index 7a95ee35e..bf08d0f6c 100644
--- a/go.sum
+++ b/go.sum
@@ -115,8 +115,8 @@ github.com/antlr/antlr4/runtime/Go/antlr v0.0.0-20210826220005-b48c857c3a0e/go.m
 github.com/apache/arrow/go/arrow v0.0.0-20191024131854-af6fa24be0db/go.mod h1:VTxUBvSJ3s3eHAg65PNgrsn5BtqCRPdmyXh6rAfdxN0=
 github.com/apache/thrift v0.12.0/go.mod h1:cp2SuWMxlEZw2r+iP2GNCdIi4C1qmUzdZFSVb+bacwQ=
 github.com/apache/thrift v0.13.0/go.mod h1:cp2SuWMxlEZw2r+iP2GNCdIi4C1qmUzdZFSVb+bacwQ=
-github.com/argoproj/argo-cd/v2 v2.6.7 h1:hBW8QNi6rAN5yERIiwLz3dzErxoJ1Y3BGWwlFsnxETM=
-github.com/argoproj/argo-cd/v2 v2.6.7/go.mod h1:Vqnr5UMfUt+01ycy1bVTARUVGuOUZmGAp52CC3spkVo=
+github.com/argoproj/argo-cd/v2 v2.7.6 h1:AKRQm0fLGgBmKQILrpc/2PZM2WYlfCP5tquU6DqDudU=
+github.com/argoproj/argo-cd/v2 v2.7.6/go.mod h1:uRU//iTjnzlCs+hKOKo5Na2OZGNTlklnu/g9Wi4enh4=
 github.com/armon/circbuf v0.0.0-20150827004946-bbbad097214e/go.mod h1:3U/XgcO3hCbHZ8TKRvWD2dDTCfh9M9ya+I9JpbB7O8o=
 github.com/armon/consul-api v0.0.0-20180202201655-eb2c6b5be1b6/go.mod h1:grANhF5doyWs3UAsr3K4I6qtAmlQcZDesFNEHPZAzj8=
 github.com/armon/go-metrics v0.0.0-20180917152333-f0300d1749da/go.mod h1:Q73ZrmVTwzkszR9V5SSuryQ31EELlFMUz1kKyl939pY=