diff --git a/multimedia/graphicsmagick/Makefile b/multimedia/graphicsmagick/Makefile
index f98c6cf98a..e26893f226 100644
--- a/multimedia/graphicsmagick/Makefile
+++ b/multimedia/graphicsmagick/Makefile
@@ -5,13 +5,13 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=graphicsmagick
-PKG_VERSION:=1.3.46
+PKG_VERSION:=1.3.48
 PKG_RELEASE:=1
 
 PKG_BUILD_DIR:=$(BUILD_DIR)/GraphicsMagick-$(PKG_VERSION)
 PKG_SOURCE:=GraphicsMagick-$(PKG_VERSION).tar.xz
 PKG_SOURCE_URL:=@SF/graphicsmagick
-PKG_HASH:=c7c706a505e9c6c3764156bb94a0c9644d79131785df15a89c9f8721d1abd061
+PKG_HASH:=9218eb78179110f91371066ab75cb3b4dd034b9bb464b29ce9bab7a11979232b
 
 PKG_LICENSE:=MIT
 PKG_LICENSE_FILES:=Copyright.txt