diff --git a/optimum/onnxruntime/quantization.py b/optimum/onnxruntime/quantization.py
index 08d7451b9f9..9677fbd912c 100644
--- a/optimum/onnxruntime/quantization.py
+++ b/optimum/onnxruntime/quantization.py
@@ -358,7 +358,7 @@ def quantize(
         if has_subgraphs:
             if quantization_config.is_static:
                 raise NotImplementedError("Static quantization is currently not supported for models with subgraphs.")
-            if parse(ort_version) >= Version("1.16.0"):
+            if parse(ort_version) == Version("1.16.0"):
                 raise ValueError(
                     "ONNX Runtime version v1.16.0 not compatible with quantization for models with subgraphs, please downgrade to 1.15.1 or upgrade to a higher version. Reference: https://github.com/microsoft/onnxruntime/pull/17651"
                 )