diff --git a/docs/release-notes/version-3.0.md b/docs/release-notes/version-3.0.md
index 76b9c8524..04bd95a8c 100644
--- a/docs/release-notes/version-3.0.md
+++ b/docs/release-notes/version-3.0.md
@@ -17,6 +17,7 @@
 * [#7226](https://github.com/netbox-community/netbox/issues/7226) - Exempt GraphQL API requests from CSRF inspection
 * [#7248](https://github.com/netbox-community/netbox/issues/7248) - Fix global search results section links
 * [#7279](https://github.com/netbox-community/netbox/issues/7279) - Fix exception when tracing cable with no associated path
+* [#7266](https://github.com/netbox-community/netbox/issues/7266) - Tweak font color for form field placeholder text
 
 ---
 
diff --git a/netbox/project-static/dist/netbox-dark.css b/netbox/project-static/dist/netbox-dark.css
index 196966fea..7104afe1c 100644
Binary files a/netbox/project-static/dist/netbox-dark.css and b/netbox/project-static/dist/netbox-dark.css differ
diff --git a/netbox/project-static/dist/netbox-light.css b/netbox/project-static/dist/netbox-light.css
index b915a414f..c9b3b9453 100644
Binary files a/netbox/project-static/dist/netbox-light.css and b/netbox/project-static/dist/netbox-light.css differ
diff --git a/netbox/project-static/dist/netbox-print.css b/netbox/project-static/dist/netbox-print.css
index 413c4d0ad..b8157e2e3 100644
Binary files a/netbox/project-static/dist/netbox-print.css and b/netbox/project-static/dist/netbox-print.css differ
diff --git a/netbox/project-static/styles/select.scss b/netbox/project-static/styles/select.scss
index a532d1b69..e306e7c69 100644
--- a/netbox/project-static/styles/select.scss
+++ b/netbox/project-static/styles/select.scss
@@ -19,7 +19,7 @@ $spacing-s: $input-padding-x;
   --nbx-select-option-selected-bg: #{$gray-300};
   --nbx-select-option-hover-bg: #{$blue};
   --nbx-select-option-hover-color: #{$white};
-  --nbx-select-placeholder-color: #{$gray-600};
+  --nbx-select-placeholder-color: #{$gray-500};
   --nbx-select-value-color: #{$white};
   &[data-netbox-color-mode='dark'] {
     // Dark Mode Variables.
@@ -27,7 +27,7 @@ $spacing-s: $input-padding-x;
     --nbx-select-option-selected-bg: #{$gray-500};
     --nbx-select-option-hover-bg: #{$blue-200};
     --nbx-select-option-hover-color: #{color-contrast($blue-200)};
-    --nbx-select-placeholder-color: #{$gray-500};
+    --nbx-select-placeholder-color: #{$gray-700};
     --nbx-select-value-color: #{$black};
   }
 }
diff --git a/netbox/project-static/styles/theme-dark.scss b/netbox/project-static/styles/theme-dark.scss
index 716e27df0..c7c0cd76e 100644
--- a/netbox/project-static/styles/theme-dark.scss
+++ b/netbox/project-static/styles/theme-dark.scss
@@ -82,7 +82,7 @@ $input-border-color: $gray-700;
 $input-focus-bg: $input-bg;
 $input-focus-border-color: tint-color($component-active-bg, 10%);
 $input-focus-color: $input-color;
-$input-placeholder-color: $gray-300;
+$input-placeholder-color: $gray-700;
 $input-plaintext-color: $body-color;
 
 $form-check-input-active-filter: brightness(90%);
diff --git a/netbox/project-static/styles/theme-light.scss b/netbox/project-static/styles/theme-light.scss
index 48af7de1a..d4b9303bd 100644
--- a/netbox/project-static/styles/theme-light.scss
+++ b/netbox/project-static/styles/theme-light.scss
@@ -40,6 +40,7 @@ $list-group-disabled-color: $gray-500;
 
 $table-flush-header-bg: $gray-100;
 
+$input-placeholder-color: $gray-500;
 $form-select-disabled-color: $gray-600;
 
 // Tabbed content