diff --git a/esphome/components/esp32/__init__.py b/esphome/components/esp32/__init__.py
index aae1a4c41f6..cd602e6c64b 100644
--- a/esphome/components/esp32/__init__.py
+++ b/esphome/components/esp32/__init__.py
@@ -1183,7 +1183,7 @@ ARDUINO_PLATFORM_VERSION_LOOKUP = {
 # See: https://github.com/pioarduino/esp-idf/releases
 ARDUINO_IDF_VERSION_LOOKUP = {
     cv.Version(4, 0, 0, "alpha1"): cv.Version(6, 0, 1),
-    cv.Version(3, 3, 12): cv.Version(5, 5, 5),
+    cv.Version(3, 3, 12): cv.Version(5, 5, 6),
     cv.Version(3, 3, 11): cv.Version(5, 5, 5),
     cv.Version(3, 3, 10): cv.Version(5, 5, 5),
     cv.Version(3, 3, 9): cv.Version(5, 5, 4),
@@ -1207,9 +1207,9 @@ ARDUINO_IDF_VERSION_LOOKUP = {
 # The default/recommended esp-idf framework version
 #  - https://github.com/espressif/esp-idf/releases
 ESP_IDF_FRAMEWORK_VERSION_LOOKUP = {
-    "recommended": cv.Version(5, 5, 5),
-    "latest": cv.Version(5, 5, 5),
-    "dev": cv.Version(5, 5, 5),
+    "recommended": cv.Version(5, 5, 6),
+    "latest": cv.Version(5, 5, 6),
+    "dev": cv.Version(5, 5, 6),
 }
 
 ESP_IDF_PLATFORM_VERSION_LOOKUP = {
@@ -1219,6 +1219,7 @@ ESP_IDF_PLATFORM_VERSION_LOOKUP = {
     cv.Version(
         6, 0, 0
     ): "https://github.com/pioarduino/platform-espressif32.git#prep_IDF6",
+    cv.Version(5, 5, 6): cv.Version(55, 3, 312),
     cv.Version(5, 5, 5): cv.Version(55, 3, 312),
     cv.Version(5, 5, 4): cv.Version(55, 3, 39),
     cv.Version(5, 5, 3, "1"): cv.Version(55, 3, 37),
diff --git a/platformio.ini b/platformio.ini
index fe61470a358..e5d0200ea7c 100644
--- a/platformio.ini
+++ b/platformio.ini
@@ -147,7 +147,7 @@ extends = common:arduino
 platform = https://github.com/pioarduino/platform-espressif32/releases/download/55.03.312/platform-espressif32.zip
 platform_packages =
     pioarduino/framework-arduinoespressif32@https://github.com/espressif/arduino-esp32/releases/download/3.3.12/esp32-core-3.3.12.tar.xz
-    pioarduino/framework-espidf@https://github.com/pioarduino/esp-idf/releases/download/v5.5.5/esp-idf-v5.5.5.tar.xz
+    pioarduino/framework-espidf@https://github.com/pioarduino/esp-idf/releases/download/v5.5.6/esp-idf-v5.5.6.tar.xz
 
 framework = arduino, espidf  ; Arduino as an ESP-IDF component
 lib_deps =
@@ -183,7 +183,7 @@ extra_scripts =
 extends = common:idf
 platform = https://github.com/pioarduino/platform-espressif32/releases/download/55.03.312/platform-espressif32.zip
 platform_packages =
-    pioarduino/framework-espidf@https://github.com/pioarduino/esp-idf/releases/download/v5.5.5/esp-idf-v5.5.5.tar.xz
+    pioarduino/framework-espidf@https://github.com/pioarduino/esp-idf/releases/download/v5.5.6/esp-idf-v5.5.6.tar.xz
 
 framework = espidf
 lib_deps =