diff --git a/utils/borgbackup/Makefile b/utils/borgbackup/Makefile
index ab932de82a..c68f01b1f4 100644
--- a/utils/borgbackup/Makefile
+++ b/utils/borgbackup/Makefile
@@ -8,11 +8,11 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=borgbackup
-PKG_VERSION:=1.2.4
-PKG_RELEASE:=4
+PKG_VERSION:=1.4.0
+PKG_RELEASE:=1
 
 PYPI_NAME:=borgbackup
-PKG_HASH:=a4bd54e9469e81b7a30a6711423115abc818d9cd844ecb1ca0e6104bc5374da8
+PKG_HASH:=c54c45155643fa66fed7f9ff2d134ea0a58d0ac197c18781ddc2fb236bf6ed29
 
 PKG_LICENSE:=BSD-3-Clause
 PKG_LICENSE_FILES:=LICENSE