diff --git a/conda/environments/all_cuda-129_arch-aarch64.yaml b/conda/environments/all_cuda-129_arch-aarch64.yaml
index eec9a092ba..23f6d4b9e6 100644
--- a/conda/environments/all_cuda-129_arch-aarch64.yaml
+++ b/conda/environments/all_cuda-129_arch-aarch64.yaml
@@ -80,6 +80,6 @@ dependencies:
 - sphinx-markdown-tables
 - statsmodels
 - sysroot_linux-aarch64==2.28
-- treelite>=4.6.1,<5.0.0
+- treelite>=4.7.0,<5.0.0
 - umap-learn>=0.5.7,<0.5.12
 name: all_cuda-129_arch-aarch64
diff --git a/conda/environments/all_cuda-129_arch-x86_64.yaml b/conda/environments/all_cuda-129_arch-x86_64.yaml
index 33a9a12253..631bb4619b 100644
--- a/conda/environments/all_cuda-129_arch-x86_64.yaml
+++ b/conda/environments/all_cuda-129_arch-x86_64.yaml
@@ -80,6 +80,6 @@ dependencies:
 - sphinx-markdown-tables
 - statsmodels
 - sysroot_linux-64==2.28
-- treelite>=4.6.1,<5.0.0
+- treelite>=4.7.0,<5.0.0
 - umap-learn>=0.5.7,<0.5.12
 name: all_cuda-129_arch-x86_64
diff --git a/conda/environments/all_cuda-131_arch-aarch64.yaml b/conda/environments/all_cuda-131_arch-aarch64.yaml
index b3a5eba9e0..3b2fe0957d 100644
--- a/conda/environments/all_cuda-131_arch-aarch64.yaml
+++ b/conda/environments/all_cuda-131_arch-aarch64.yaml
@@ -80,6 +80,6 @@ dependencies:
 - sphinx-markdown-tables
 - statsmodels
 - sysroot_linux-aarch64==2.28
-- treelite>=4.6.1,<5.0.0
+- treelite>=4.7.0,<5.0.0
 - umap-learn>=0.5.7,<0.5.12
 name: all_cuda-131_arch-aarch64
diff --git a/conda/environments/all_cuda-131_arch-x86_64.yaml b/conda/environments/all_cuda-131_arch-x86_64.yaml
index f91f93f453..6270f9aa43 100644
--- a/conda/environments/all_cuda-131_arch-x86_64.yaml
+++ b/conda/environments/all_cuda-131_arch-x86_64.yaml
@@ -80,6 +80,6 @@ dependencies:
 - sphinx-markdown-tables
 - statsmodels
 - sysroot_linux-64==2.28
-- treelite>=4.6.1,<5.0.0
+- treelite>=4.7.0,<5.0.0
 - umap-learn>=0.5.7,<0.5.12
 name: all_cuda-131_arch-x86_64
diff --git a/conda/recipes/cuml/conda_build_config.yaml b/conda/recipes/cuml/conda_build_config.yaml
index 6e08076a8f..6ccc1e5035 100644
--- a/conda/recipes/cuml/conda_build_config.yaml
+++ b/conda/recipes/cuml/conda_build_config.yaml
@@ -17,4 +17,4 @@ c_stdlib_version:
   - "=2.28"
 
 treelite_version:
-  - ">=4.6.1,<5.0.0"
+  - ">=4.7.0,<5.0.0"
diff --git a/conda/recipes/libcuml/conda_build_config.yaml b/conda/recipes/libcuml/conda_build_config.yaml
index c62869acd6..6ba84c9d58 100644
--- a/conda/recipes/libcuml/conda_build_config.yaml
+++ b/conda/recipes/libcuml/conda_build_config.yaml
@@ -17,4 +17,4 @@ cmake_version:
   - ">=3.30.4"
 
 treelite_version:
-  - ">=4.6.1,<5.0.0"
+  - ">=4.7.0,<5.0.0"
diff --git a/cpp/cmake/thirdparty/get_treelite.cmake b/cpp/cmake/thirdparty/get_treelite.cmake
index 1c5c1809a6..37727e2d4e 100644
--- a/cpp/cmake/thirdparty/get_treelite.cmake
+++ b/cpp/cmake/thirdparty/get_treelite.cmake
@@ -1,6 +1,6 @@
 #=============================================================================
 # cmake-format: off
-# SPDX-FileCopyrightText: Copyright (c) 2021-2025, NVIDIA CORPORATION.
+# SPDX-FileCopyrightText: Copyright (c) 2021-2026, NVIDIA CORPORATION.
 # SPDX-License-Identifier: Apache-2.0
 # cmake-format: on
 #=============================================================================
@@ -70,7 +70,7 @@ function(find_and_configure_treelite)
     rapids_export_find_package_root(BUILD Treelite [=[${CMAKE_CURRENT_LIST_DIR}]=] EXPORT_SET cuml-exports)
 endfunction()
 
-find_and_configure_treelite(VERSION     4.6.1
-                        PINNED_TAG  e14222bfdf02cba3ece0f3692f3574711cab0fc2
+find_and_configure_treelite(VERSION     4.7.0
+                        PINNED_TAG  74b25ecedb964ccac37d034860cc5c1224e73e91
                         EXCLUDE_FROM_ALL  ${CUML_EXCLUDE_TREELITE_FROM_ALL}
                         BUILD_STATIC_LIBS ${CUML_USE_TREELITE_STATIC})
diff --git a/dependencies.yaml b/dependencies.yaml
index 38d43cd758..65dc51db73 100644
--- a/dependencies.yaml
+++ b/dependencies.yaml
@@ -316,7 +316,7 @@ dependencies:
       - output_types: [conda, requirements, pyproject]
         packages:
           - &cython cython>=3.2.2
-          - &treelite treelite>=4.6.1,<5.0.0
+          - &treelite treelite>=4.7.0,<5.0.0
   py_run_cuml:
     common:
       - output_types: [conda, requirements, pyproject]
diff --git a/python/cuml/pyproject.toml b/python/cuml/pyproject.toml
index 899d673b9c..3f1eb992df 100644
--- a/python/cuml/pyproject.toml
+++ b/python/cuml/pyproject.toml
@@ -95,7 +95,7 @@ dependencies = [
     "rmm==26.4.*,>=0.0.0a0",
     "scikit-learn>=1.5",
     "scipy>=1.13.0",
-    "treelite>=4.6.1,<5.0.0",
+    "treelite>=4.7.0,<5.0.0",
 ] # This list was generated by `rapids-dependency-file-generator`. To make changes, edit ../../dependencies.yaml and run `rapids-dependency-file-generator`.
 classifiers = [
     "Intended Audience :: Developers",
@@ -189,7 +189,7 @@ requires = [
     "ninja",
     "pylibraft==26.4.*,>=0.0.0a0",
     "rmm==26.4.*,>=0.0.0a0",
-    "treelite>=4.6.1,<5.0.0",
+    "treelite>=4.7.0,<5.0.0",
 ] # This list was generated by `rapids-dependency-file-generator`. To make changes, edit ../../dependencies.yaml and run `rapids-dependency-file-generator`.
 
 [tool.scikit-build]