diff --git a/pkgs/by-name/py/pyrefly/package.nix b/pkgs/by-name/py/pyrefly/package.nix
index b7e230a2a8be..035047293ea7 100644
--- a/pkgs/by-name/py/pyrefly/package.nix
+++ b/pkgs/by-name/py/pyrefly/package.nix
@@ -7,17 +7,17 @@
 }:
 rustPlatform.buildRustPackage (finalAttrs: {
   pname = "pyrefly";
-  version = "0.20.2";
+  version = "0.26.1";
 
   src = fetchFromGitHub {
     owner = "facebook";
     repo = "pyrefly";
     tag = finalAttrs.version;
-    hash = "sha256-E3CPs3/c5/0VKeRFI6dNRj0xUoU9YBV1rZ1qFt4E2+U=";
+    hash = "sha256-XjAeCbg4Jgk/5PVnUMzFaJS1Qz24UEnQVV/cXEyUnZU=";
   };
 
   buildAndTestSubdir = "pyrefly";
-  cargoHash = "sha256-EkGw7y5NtJ6Yd3DzL4z+81I0v5WyIwZ28klHXMqHjJc=";
+  cargoHash = "sha256-SadZDZA0B99MGDYGppZvQtThKX3YLMe/lQ2eMLuYMhk=";
 
   nativeInstallCheckInputs = [ versionCheckHook ];
   doInstallCheck = true;