diff --git a/libs/libfmt/Makefile b/libs/libfmt/Makefile
index 6574d6d4e7..11e9312021 100644
--- a/libs/libfmt/Makefile
+++ b/libs/libfmt/Makefile
@@ -8,13 +8,13 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=libfmt
-PKG_VERSION:=12.0.0
+PKG_VERSION:=12.1.0
 PKG_RELEASE:=1
 
 PKG_SOURCE_NAME:=fmt
 PKG_SOURCE:=$(PKG_SOURCE_NAME)-$(PKG_VERSION).tar.gz
 PKG_SOURCE_URL:=https://codeload.github.com/fmtlib/$(PKG_SOURCE_NAME)/tar.gz/$(PKG_VERSION)?
-PKG_HASH:=aa3e8fbb6a0066c03454434add1f1fc23299e85758ceec0d7d2d974431481e40
+PKG_HASH:=ea7de4299689e12b6dddd392f9896f08fb0777ac7168897a244a6d6085043fea
 PKG_BUILD_DIR:=$(BUILD_DIR)/$(PKG_SOURCE_NAME)-$(PKG_VERSION)
 
 PKG_MAINTAINER:=Othmar Truniger <github@truniger.ch>