diff --git a/esphome/components/rp2040/__init__.py b/esphome/components/rp2040/__init__.py
index 8f1d26f780..925acb629d 100644
--- a/esphome/components/rp2040/__init__.py
+++ b/esphome/components/rp2040/__init__.py
@@ -71,6 +71,14 @@ def _format_framework_arduino_version(ver: cv.Version) -> str:
     # return f"~1.{ver.major}{ver.minor:02d}{ver.patch:02d}.0"
 
 
+def _parse_platform_version(value):
+    value = cv.string(value)
+    if value.startswith("http"):
+        return value
+
+    return f"https://github.com/maxgerhardt/platform-raspberrypi.git#{value}"
+
+
 # NOTE: Keep this in mind when updating the recommended version:
 #  * The new version needs to be thoroughly validated before changing the
 #    recommended version as otherwise a bunch of devices could be bricked
@@ -82,10 +90,9 @@ def _format_framework_arduino_version(ver: cv.Version) -> str:
 #  - https://api.registry.platformio.org/v3/packages/earlephilhower/tool/framework-arduinopico
 RECOMMENDED_ARDUINO_FRAMEWORK_VERSION = cv.Version(3, 9, 4)
 
-# The platformio/raspberrypi version to use for arduino frameworks
-#  - https://github.com/platformio/platform-raspberrypi/releases
-#  - https://api.registry.platformio.org/v3/packages/platformio/platform/raspberrypi
-ARDUINO_PLATFORM_VERSION = cv.Version(1, 13, 0)
+# The raspberrypi platform version to use for arduino frameworks
+#  - https://github.com/maxgerhardt/platform-raspberrypi/tags
+RECOMMENDED_ARDUINO_PLATFORM_VERSION = "v1.2.0-gcc12"
 
 
 def _arduino_check_versions(value):
@@ -111,7 +118,8 @@ def _arduino_check_versions(value):
     value[CONF_SOURCE] = source or _format_framework_arduino_version(version)
 
     value[CONF_PLATFORM_VERSION] = value.get(
-        CONF_PLATFORM_VERSION, _parse_platform_version(str(ARDUINO_PLATFORM_VERSION))
+        CONF_PLATFORM_VERSION,
+        _parse_platform_version(RECOMMENDED_ARDUINO_PLATFORM_VERSION),
     )
 
     if version != RECOMMENDED_ARDUINO_FRAMEWORK_VERSION:
@@ -122,15 +130,6 @@ def _arduino_check_versions(value):
     return value
 
 
-def _parse_platform_version(value):
-    try:
-        # if platform version is a valid version constraint, prefix the default package
-        cv.platformio_version_constraint(value)
-        return f"platformio/raspberrypi@{value}"
-    except cv.Invalid:
-        return value
-
-
 ARDUINO_FRAMEWORK_SCHEMA = cv.All(
     cv.Schema(
         {
diff --git a/esphome/wizard.py b/esphome/wizard.py
index b1057189fd..eecbbdb172 100644
--- a/esphome/wizard.py
+++ b/esphome/wizard.py
@@ -90,9 +90,6 @@ esp32:
 RP2040_CONFIG = """
 rp2040:
   board: {board}
-  framework:
-    # Required until https://github.com/platformio/platform-raspberrypi/pull/36 is merged
-    platform_version: https://github.com/maxgerhardt/platform-raspberrypi.git#5e87ae34ca025274df25b3303e9e9cb6c120123c
 """
 
 BK72XX_CONFIG = """
diff --git a/platformio.ini b/platformio.ini
index fc38923f65..bb122adc37 100644
--- a/platformio.ini
+++ b/platformio.ini
@@ -165,7 +165,7 @@ platform_packages =
 extends = common:arduino
 board_build.filesystem_size = 0.5m
 
-platform = https://github.com/maxgerhardt/platform-raspberrypi.git#5e87ae34ca025274df25b3303e9e9cb6c120123c
+platform = https://github.com/maxgerhardt/platform-raspberrypi.git#v1.2.0-gcc12
 platform_packages =
     ; earlephilhower/framework-arduinopico@~1.20602.0 ; Cannot use the platformio package until old releases stop getting deleted
     earlephilhower/framework-arduinopico@https://github.com/earlephilhower/arduino-pico/releases/download/3.9.4/rp2040-3.9.4.zip
diff --git a/tests/test_build_components/build_components_base.rp2040-ard.yaml b/tests/test_build_components/build_components_base.rp2040-ard.yaml
index f9815578c5..4fb8d51333 100644
--- a/tests/test_build_components/build_components_base.rp2040-ard.yaml
+++ b/tests/test_build_components/build_components_base.rp2040-ard.yaml
@@ -4,9 +4,6 @@ esphome:
 
 rp2040:
   board: rpipicow
-  framework:
-    # Waiting for https://github.com/platformio/platform-raspberrypi/pull/36
-    platform_version: https://github.com/maxgerhardt/platform-raspberrypi.git#5e87ae34ca025274df25b3303e9e9cb6c120123c
 
 logger:
   level: VERY_VERBOSE