diff --git a/doc/changelog.d/2112.dependencies.md b/doc/changelog.d/2112.dependencies.md
new file mode 100644
index 0000000000..bc7ca43278
--- /dev/null
+++ b/doc/changelog.d/2112.dependencies.md
@@ -0,0 +1 @@
+Bump panel from 1.7.2 to 1.7.4
\ No newline at end of file
diff --git a/pyproject.toml b/pyproject.toml
index a846b19edb..789067f2cc 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -103,7 +103,7 @@ doc = [
     "notebook==7.4.4",
     "numpydoc==1.9.0",
     "numpy==2.2.6",
-    "panel==1.7.2",
+    "panel==1.7.4",
     "pdf2image==1.17.0",
     "Pint==0.24.4",
     "protobuf==5.29.3",