diff --git a/components/sharepoint/actions/create-item/create-item.mjs b/components/sharepoint/actions/create-item/create-item.mjs
index 7121cfff2e3a2..c758c252326a6 100644
--- a/components/sharepoint/actions/create-item/create-item.mjs
+++ b/components/sharepoint/actions/create-item/create-item.mjs
@@ -4,7 +4,7 @@ export default {
   key: "sharepoint-create-item",
   name: "Create Item",
   description: "Create a new item in Microsoft Sharepoint. [See the documentation](https://learn.microsoft.com/en-us/graph/api/listitem-create?view=graph-rest-1.0&tabs=http)",
-  version: "0.0.2",
+  version: "0.0.3",
   type: "action",
   props: {
     sharepoint,
diff --git a/components/sharepoint/actions/create-list/create-list.mjs b/components/sharepoint/actions/create-list/create-list.mjs
index 7a378a8e5c9b1..832c80c8f80de 100644
--- a/components/sharepoint/actions/create-list/create-list.mjs
+++ b/components/sharepoint/actions/create-list/create-list.mjs
@@ -4,7 +4,7 @@ export default {
   key: "sharepoint-create-list",
   name: "Create List",
   description: "Create a new list in Microsoft Sharepoint. [See the documentation](https://learn.microsoft.com/en-us/graph/api/list-create?view=graph-rest-1.0&tabs=http)",
-  version: "0.0.2",
+  version: "0.0.3",
   type: "action",
   props: {
     sharepoint,
diff --git a/components/sharepoint/actions/download-file/download-file.mjs b/components/sharepoint/actions/download-file/download-file.mjs
new file mode 100644
index 0000000000000..b3c662c38daac
--- /dev/null
+++ b/components/sharepoint/actions/download-file/download-file.mjs
@@ -0,0 +1,61 @@
+import sharepoint from "../../sharepoint.app.mjs";
+import fs from "fs";
+
+export default {
+  key: "sharepoint-download-file",
+  name: "Download File",
+  description: "Download a Microsoft Sharepoint file to the /tmp directory. [See the documentation](https://learn.microsoft.com/en-us/graph/api/driveitem-get-content?view=graph-rest-1.0&tabs=http)",
+  version: "0.0.1",
+  type: "action",
+  props: {
+    sharepoint,
+    siteId: {
+      propDefinition: [
+        sharepoint,
+        "siteId",
+      ],
+    },
+    driveId: {
+      propDefinition: [
+        sharepoint,
+        "driveId",
+        (c) => ({
+          siteId: c.siteId,
+        }),
+      ],
+    },
+    fileId: {
+      propDefinition: [
+        sharepoint,
+        "fileId",
+        (c) => ({
+          siteId: c.siteId,
+          driveId: c.driveId,
+        }),
+      ],
+    },
+    filename: {
+      type: "string",
+      label: "Filename",
+      description: "The filename to save the downloaded file as in the `/tmp` directory",
+    },
+  },
+  async run({ $ }) {
+    const response = await this.sharepoint.getFile({
+      $,
+      siteId: this.siteId,
+      fileId: this.fileId,
+      responseType: "arraybuffer",
+    });
+
+    const rawcontent = response.toString("base64");
+    const buffer = Buffer.from(rawcontent, "base64");
+    const downloadedFilepath = `/tmp/${this.filename}`;
+    fs.writeFileSync(downloadedFilepath, buffer);
+
+    return {
+      filename: this.filename,
+      downloadedFilepath,
+    };
+  },
+};
diff --git a/components/sharepoint/actions/update-item/update-item.mjs b/components/sharepoint/actions/update-item/update-item.mjs
index 9a8944bc77207..a05e250492875 100644
--- a/components/sharepoint/actions/update-item/update-item.mjs
+++ b/components/sharepoint/actions/update-item/update-item.mjs
@@ -5,7 +5,7 @@ export default {
   key: "sharepoint-update-item",
   name: "Update Item",
   description: "Updates an existing item in Microsoft Sharepoint. [See the documentation](https://learn.microsoft.com/en-us/graph/api/listitem-update?view=graph-rest-1.0&tabs=http)",
-  version: "0.0.1",
+  version: "0.0.2",
   type: "action",
   props: {
     sharepoint,
diff --git a/components/sharepoint/package.json b/components/sharepoint/package.json
index 1058aad913830..4c9d12b349476 100644
--- a/components/sharepoint/package.json
+++ b/components/sharepoint/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@pipedream/sharepoint",
-  "version": "0.2.0",
+  "version": "0.3.0",
   "description": "Pipedream Microsoft Sharepoint Online Components",
   "main": "sharepoint.app.mjs",
   "keywords": [
@@ -13,6 +13,6 @@
     "access": "public"
   },
   "dependencies": {
-    "@pipedream/platform": "^1.5.1"
+    "@pipedream/platform": "^3.0.3"
   }
 }
diff --git a/components/sharepoint/sharepoint.app.mjs b/components/sharepoint/sharepoint.app.mjs
index 156cea6a86eb7..d523e4b640184 100644
--- a/components/sharepoint/sharepoint.app.mjs
+++ b/components/sharepoint/sharepoint.app.mjs
@@ -117,6 +117,67 @@ export default {
         };
       },
     },
+    driveId: {
+      type: "string",
+      label: "Drive ID",
+      description: "Identifier of a drive within a site",
+      async options({
+        prevContext, siteId,
+      }) {
+        if (!siteId) {
+          return [];
+        }
+        const args = {
+          siteId,
+        };
+        if (prevContext?.nextLink) {
+          args.url = prevContext.nextLink;
+        }
+        const response = await this.listSiteDrives(args);
+        const options = response.value?.map(({
+          id: value, name: label,
+        }) => ({
+          value,
+          label,
+        })) || [];
+        return {
+          options,
+          context: {
+            nextLink: response["@odata.nextLink"],
+          },
+        };
+      },
+    },
+    fileId: {
+      type: "string",
+      label: "File ID",
+      description: "The file to download. You can either search for the file here or provide a custom *File ID*.",
+      useQuery: true,
+      async options({
+        query, siteId, driveId,
+      }) {
+        const response = query
+          ? await this.searchDriveItems({
+            siteId,
+            query,
+            params: {
+              select: "folder,name,id",
+            },
+          })
+          : await this.listDriveItems({
+            siteId,
+            driveId,
+          });
+        const values = response.value.filter(({ folder }) => !folder);
+        return values
+          .map(({
+            name, id,
+          }) => ({
+            label: name,
+            value: id,
+          }));
+      },
+    },
   },
   methods: {
     _baseUrl() {
@@ -168,6 +229,38 @@ export default {
         ...args,
       });
     },
+    listSiteDrives({
+      siteId, ...args
+    }) {
+      return this._makeRequest({
+        path: `/sites/${siteId}/drives`,
+        ...args,
+      });
+    },
+    listDriveItems({
+      siteId, driveId, ...args
+    }) {
+      return this._makeRequest({
+        path: `/sites/${siteId}/drives/${driveId}/items/root/children`,
+        ...args,
+      });
+    },
+    searchDriveItems({
+      siteId, query, ...args
+    }) {
+      return this._makeRequest({
+        path: `/sites/${siteId}/drive/root/search(q='${query}')`,
+        ...args,
+      });
+    },
+    getFile({
+      siteId, fileId, ...args
+    }) {
+      return this._makeRequest({
+        path: `/sites/${siteId}/drive/items/${fileId}/content`,
+        ...args,
+      });
+    },
     createList({
       siteId, ...args
     }) {
diff --git a/components/sharepoint/sources/new-list-item/new-list-item.mjs b/components/sharepoint/sources/new-list-item/new-list-item.mjs
index 6ea88894e9970..4c18625452128 100644
--- a/components/sharepoint/sources/new-list-item/new-list-item.mjs
+++ b/components/sharepoint/sources/new-list-item/new-list-item.mjs
@@ -5,7 +5,7 @@ export default {
   key: "sharepoint-new-list-item",
   name: "New List Item",
   description: "Emit new event when a new list is created in Microsoft Sharepoint.",
-  version: "0.0.2",
+  version: "0.0.3",
   type: "source",
   dedupe: "unique",
   props: {
diff --git a/components/sharepoint/sources/updated-list-item/updated-list-item.mjs b/components/sharepoint/sources/updated-list-item/updated-list-item.mjs
index b57bf7854cc60..ead8a17b19215 100644
--- a/components/sharepoint/sources/updated-list-item/updated-list-item.mjs
+++ b/components/sharepoint/sources/updated-list-item/updated-list-item.mjs
@@ -5,7 +5,7 @@ export default {
   key: "sharepoint-updated-list-item",
   name: "Updated List Item",
   description: "Emit new event when a list is updated in Microsoft Sharepoint.",
-  version: "0.0.2",
+  version: "0.0.3",
   type: "source",
   dedupe: "unique",
   props: {
diff --git a/pnpm-lock.yaml b/pnpm-lock.yaml
index 452846d344d86..314c7bd871f12 100644
--- a/pnpm-lock.yaml
+++ b/pnpm-lock.yaml
@@ -11703,8 +11703,8 @@ importers:
   components/sharepoint:
     dependencies:
       '@pipedream/platform':
-        specifier: ^1.5.1
-        version: 1.6.6
+        specifier: ^3.0.3
+        version: 3.0.3
 
   components/sharpspring:
     dependencies: