diff --git a/pandas-stubs/io/sql.pyi b/pandas-stubs/io/sql.pyi
index d53f9b052..bf30b3f84 100644
--- a/pandas-stubs/io/sql.pyi
+++ b/pandas-stubs/io/sql.pyi
@@ -33,6 +33,7 @@ _SQLStatement: TypeAlias = (
     | sqlalchemy.sql.expression.TextClause
     | sqlalchemy.sql.Select
     | FromStatement
+    | sqlalchemy.sql.expression.UpdateBase
 )
 
 @overload
diff --git a/pyproject.toml b/pyproject.toml
index 1a71a9bb9..9b967bf59 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -59,7 +59,7 @@ xarray = ">=22.6.0"
 tabulate = ">=0.8.10"
 jinja2 = ">=3.1"
 scipy = { version = ">=1.9.1", python = "<3.14" }
-SQLAlchemy = ">=2.0.12,<2.0.39"
+SQLAlchemy = ">=2.0.39"
 types-python-dateutil = ">=2.8.19"
 beautifulsoup4 = ">=4.12.2"
 html5lib = ">=1.1"