diff --git a/utils/docker-compose/Makefile b/utils/docker-compose/Makefile
index 34ac89ea44..464351d898 100644
--- a/utils/docker-compose/Makefile
+++ b/utils/docker-compose/Makefile
@@ -1,14 +1,14 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=compose
-PKG_VERSION:=2.37.0
+PKG_VERSION:=2.37.1
 PKG_RELEASE:=1
 PKG_LICENSE:=Apache-2.0
 PKG_LICENSE_FILES:=LICENSE
 
 PKG_SOURCE:=$(PKG_NAME)-v$(PKG_VERSION).tar.gz
 PKG_SOURCE_URL:=https://codeload.github.com/docker/compose/tar.gz/v${PKG_VERSION}?
-PKG_HASH:=f8d8a613b27e95fb56eef7a8a97c8a63a87d1d6d292837f343bc855c33333772
+PKG_HASH:=63fc8a368a900bbba654ca0411cf4d875a3fedcb6a5d89aa8e817495e927a493
 
 PKG_MAINTAINER:=Javier Marcet <javier@marcet.info>