diff --git a/rapids-cmake/cpm/patches/fmt/no_debug_warnings.diff b/rapids-cmake/cpm/patches/fmt/no_debug_warnings.diff
deleted file mode 100644
index 9c778f41..00000000
--- a/rapids-cmake/cpm/patches/fmt/no_debug_warnings.diff
+++ /dev/null
@@ -1,13 +0,0 @@
-diff --git a/include/fmt/core.h b/include/fmt/core.h
-index f6a37af..ffabe63 100644
---- a/include/fmt/core.h
-+++ b/include/fmt/core.h
-@@ -286,7 +286,7 @@
- 
- // Enable minimal optimizations for more compact code in debug mode.
- FMT_GCC_PRAGMA("GCC push_options")
--#if !defined(__OPTIMIZE__) && !defined(__NVCOMPILER)
-+#if !defined(__OPTIMIZE__) && !defined(__NVCOMPILER) && !defined(__LCC__) && !defined(__CUDACC__)
- FMT_GCC_PRAGMA("GCC optimize(\"Og\")")
- #endif
- 
diff --git a/rapids-cmake/cpm/patches/spdlog/nvcc_constexpr_fix.diff b/rapids-cmake/cpm/patches/spdlog/nvcc_constexpr_fix.diff
new file mode 100644
index 00000000..5bc2915f
--- /dev/null
+++ b/rapids-cmake/cpm/patches/spdlog/nvcc_constexpr_fix.diff
@@ -0,0 +1,41 @@
+diff --git a/include/spdlog/common.h b/include/spdlog/common.h
+index 0a262eb2..29ef2324 100644
+--- a/include/spdlog/common.h
++++ b/include/spdlog/common.h
+@@ -62,17 +62,26 @@
+ 
+ // visual studio up to 2013 does not support noexcept nor constexpr
+ #if defined(_MSC_VER) && (_MSC_VER < 1900)
+-#    define SPDLOG_NOEXCEPT _NOEXCEPT
+-#    define SPDLOG_CONSTEXPR
+-#    define SPDLOG_CONSTEXPR_FUNC inline
++    #define SPDLOG_NOEXCEPT _NOEXCEPT
++    #define SPDLOG_CONSTEXPR
+ #else
+-#    define SPDLOG_NOEXCEPT noexcept
+-#    define SPDLOG_CONSTEXPR constexpr
+-#    if __cplusplus >= 201402L
+-#        define SPDLOG_CONSTEXPR_FUNC constexpr
+-#    else
+-#        define SPDLOG_CONSTEXPR_FUNC inline
+-#    endif
++    #define SPDLOG_NOEXCEPT noexcept
++    #define SPDLOG_CONSTEXPR constexpr
++#endif
++
++// If building with std::format, can just use constexpr, otherwise if building with fmt
++// SPDLOG_CONSTEXPR_FUNC needs to be set the same as FMT_CONSTEXPR to avoid situations where
++// a constexpr function in spdlog could end up calling a non-constexpr function in fmt
++// depending on the compiler
++// If fmt determines it can't use constexpr, we should inline the function instead
++#ifdef SPDLOG_USE_STD_FORMAT
++    #define SPDLOG_CONSTEXPR_FUNC constexpr
++#else  // Being built with fmt
++    #if FMT_USE_CONSTEXPR
++        #define SPDLOG_CONSTEXPR_FUNC FMT_CONSTEXPR
++    #else
++	#define SPDLOG_CONSTEXPR_FUNC inline
++    #endif
+ #endif
+ 
+ #if defined(__GNUC__) || defined(__clang__)
diff --git a/rapids-cmake/cpm/versions.json b/rapids-cmake/cpm/versions.json
index 552e5691..748a11a9 100644
--- a/rapids-cmake/cpm/versions.json
+++ b/rapids-cmake/cpm/versions.json
@@ -12,16 +12,9 @@
       "git_tag" : "7c76a124df0c2cd3fd66e3e080b9470a3b4707c6"
     },
     "fmt" : {
-      "version" : "9.1.0",
+      "version" : "10.1.1",
       "git_url" : "https://github.com/fmtlib/fmt.git",
-      "git_tag" : "${version}",
-      "patches" : [
-        {
-          "file" : "fmt/no_debug_warnings.diff",
-          "issue" : "No warnings during debug builds [https://github.com/fmtlib/fmt/issues/3351]",
-          "fixed_in" : "10.0"
-        }
-      ]
+      "git_tag" : "${version}"
     },
     "GTest" : {
       "version" : "1.13.0",
@@ -76,9 +69,16 @@
       "git_tag" : "branch-${version}"
     },
     "spdlog" : {
-      "version" : "1.11.0",
+      "version" : "1.12.0",
       "git_url" : "https://github.com/gabime/spdlog.git",
-      "git_tag" : "v${version}"
+      "git_tag" : "v${version}",
+      "patches" : [
+	{
+	  "file" : "spdlog/nvcc_constexpr_fix.diff",
+	  "issue" : "Fix constexpr mismatch between spdlog and fmt [https://github.com/gabime/spdlog/issues/2856]",
+          "fixed_in" : "1.13"
+	}
+      ]
     },
     "Thrust" : {
       "version" : "1.17.2",