diff --git a/packages/gatsby-theme-aio/package.json b/packages/gatsby-theme-aio/package.json
index 25d54673b7..ae13c7993f 100644
--- a/packages/gatsby-theme-aio/package.json
+++ b/packages/gatsby-theme-aio/package.json
@@ -111,7 +111,7 @@
     "gatsby-plugin-mdx-embed": "^1.0.0",
     "gatsby-plugin-preact": "^6.23.0",
     "gatsby-plugin-react-helmet": "^5.23.0",
-    "gatsby-plugin-sharp": "^4.23.0",
+    "gatsby-plugin-sharp": "^5.7.0",
     "gatsby-remark-autolink-headers": "^5.23.0",
     "gatsby-remark-copy-linked-files": "^5.23.0",
     "gatsby-remark-images-remote": "^2.1.1",
diff --git a/yarn.lock b/yarn.lock
index e563a305df..e0648ab155 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -89,7 +89,7 @@ __metadata:
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     gatsby-plugin-preact: ^6.23.0
     gatsby-plugin-react-helmet: ^5.23.0
-    gatsby-plugin-sharp: ^4.23.0
+    gatsby-plugin-sharp: ^5.7.0
     gatsby-remark-autolink-headers: ^5.23.0
     gatsby-remark-copy-linked-files: ^5.23.0
     gatsby-remark-images-remote: ^2.1.1
@@ -5205,6 +5205,15 @@ __metadata:
   languageName: node
   linkType: hard
 
+"@types/sharp@npm:^0.31.1":
+  version: 0.31.1
+  resolution: "@types/sharp@npm:0.31.1"
+  dependencies:
+    "@types/node": "*"
+  checksum: 226871181fc88b5ef8a6bc32c1e14a3426cc45480ed49536c45bb5c166c089169b8fe3e5c57aea8c34cc40b08311a95d5582c1a2f540f4425eb66fea3d6e0489
+  languageName: node
+  linkType: hard
+
 "@types/sinonjs__fake-timers@npm:8.1.1":
   version: 8.1.1
   resolution: "@types/sinonjs__fake-timers@npm:8.1.1"
@@ -11273,6 +11282,30 @@ __metadata:
   languageName: node
   linkType: hard
 
+"gatsby-core-utils@npm:^4.7.0":
+  version: 4.7.0
+  resolution: "gatsby-core-utils@npm:4.7.0"
+  dependencies:
+    "@babel/runtime": ^7.20.13
+    ci-info: 2.0.0
+    configstore: ^5.0.1
+    fastq: ^1.13.0
+    file-type: ^16.5.3
+    fs-extra: ^11.1.0
+    got: ^11.8.5
+    hash-wasm: ^4.9.0
+    import-from: ^4.0.0
+    lmdb: 2.5.3
+    lock: ^1.1.0
+    node-object-hash: ^2.3.10
+    proper-lockfile: ^4.1.2
+    resolve-from: ^5.0.0
+    tmp: ^0.2.1
+    xdg-basedir: ^4.0.0
+  checksum: aeda55878fae68701050c539862ca71462328a2849a04098a90dd380de28f87ce9aa093b5228afa3194b1e89f2571e51dbafd04db1ba21cdc1420cbf92c5ca44
+  languageName: node
+  linkType: hard
+
 "gatsby-cypress@npm:^3.7.0":
   version: 3.7.0
   resolution: "gatsby-cypress@npm:3.7.0"
@@ -11538,25 +11571,25 @@ __metadata:
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-"gatsby-plugin-sharp@npm:^4.23.0":
-  version: 4.25.0
-  resolution: "gatsby-plugin-sharp@npm:4.25.0"
+"gatsby-plugin-sharp@npm:^5.7.0":
+  version: 5.7.0
+  resolution: "gatsby-plugin-sharp@npm:5.7.0"
   dependencies:
-    "@babel/runtime": ^7.15.4
+    "@babel/runtime": ^7.20.13
     async: ^3.2.4
     bluebird: ^3.7.2
     debug: ^4.3.4
     filenamify: ^4.3.0
-    fs-extra: ^10.1.0
-    gatsby-core-utils: ^3.25.0
-    gatsby-plugin-utils: ^3.19.0
+    fs-extra: ^11.1.0
+    gatsby-core-utils: ^4.7.0
+    gatsby-plugin-utils: ^4.7.0
     lodash: ^4.17.21
     probe-image-size: ^7.2.3
-    semver: ^7.3.7
-    sharp: ^0.30.7
+    semver: ^7.3.8
+    sharp: ^0.31.3
   peerDependencies:
-    gatsby: ^4.0.0-next
-  checksum: 8b7c4fd5ae79852926710f0f663b3be36c5b2f5ef7403ac1546af547d970383a28c6f6c1d5aba9459b7c59637652c5f314a606f6cb80e9bdd47e6660363026a4
+    gatsby: ^5.0.0-next
+  checksum: 9e0f743f47b5fc1247bade5d0fb25bcd21f5bdac3e06c589900d7406bff5b15873c4d904d9228e184777929d4524860737c7604a1b5051476efe45de0c474485
   languageName: node
   linkType: hard
 
@@ -11597,6 +11630,26 @@ __metadata:
   languageName: node
   linkType: hard
 
+"gatsby-plugin-utils@npm:^4.7.0":
+  version: 4.7.0
+  resolution: "gatsby-plugin-utils@npm:4.7.0"
+  dependencies:
+    "@babel/runtime": ^7.20.13
+    fastq: ^1.13.0
+    fs-extra: ^11.1.0
+    gatsby-core-utils: ^4.7.0
+    gatsby-sharp: ^1.7.0
+    graphql-compose: ^9.0.10
+    import-from: ^4.0.0
+    joi: ^17.7.0
+    mime: ^3.0.0
+  peerDependencies:
+    gatsby: ^5.0.0-next
+    graphql: ^16.0.0
+  checksum: 26b35b43c1ee732127a87a227a5d851b3bca76dab2ece4dedf0a00214a453af59a1ddca58d075e0c2ae4c780b03616b3235a8265e144bc6518f37891c67b92b3
+  languageName: node
+  linkType: hard
+
 "gatsby-react-router-scroll@npm:^5.22.0, gatsby-react-router-scroll@npm:^5.25.0":
   version: 5.25.0
   resolution: "gatsby-react-router-scroll@npm:5.25.0"
@@ -11700,6 +11753,16 @@ __metadata:
   languageName: node
   linkType: hard
 
+"gatsby-sharp@npm:^1.7.0":
+  version: 1.7.0
+  resolution: "gatsby-sharp@npm:1.7.0"
+  dependencies:
+    "@types/sharp": ^0.31.1
+    sharp: ^0.31.3
+  checksum: 7e084fdb3fb72ac1a5d395b412e41f171da8edebc8c38144c24b165b68c9e0e1115b6e1c32e825be091a91752be0a905cf875ad47d81368d0d566bb9ff975cb6
+  languageName: node
+  linkType: hard
+
 "gatsby-source-filesystem@npm:^4.23.0":
   version: 4.25.0
   resolution: "gatsby-source-filesystem@npm:4.25.0"
@@ -12578,7 +12641,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"graphql-compose@npm:^9.0.7":
+"graphql-compose@npm:^9.0.10, graphql-compose@npm:^9.0.7":
   version: 9.0.10
   resolution: "graphql-compose@npm:9.0.10"
   dependencies:
@@ -12801,6 +12864,13 @@ __metadata:
   languageName: node
   linkType: hard
 
+"hash-wasm@npm:^4.9.0":
+  version: 4.9.0
+  resolution: "hash-wasm@npm:4.9.0"
+  checksum: b8734247fb7f69941f6564179dd891b7de21aa5877b9e32a5c6d777c2ab45cf5a6b021ade2b0156ec780ac41188486d571d9d526ef8206dda1ad306c81112a8a
+  languageName: node
+  linkType: hard
+
 "hash.js@npm:^1.0.0, hash.js@npm:^1.0.3":
   version: 1.1.7
   resolution: "hash.js@npm:1.1.7"
@@ -20727,7 +20797,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"sharp@npm:^0.31.0":
+"sharp@npm:^0.31.0, sharp@npm:^0.31.3":
   version: 0.31.3
   resolution: "sharp@npm:0.31.3"
   dependencies: