diff --git a/pkgs/development/python-modules/scikit-base/default.nix b/pkgs/development/python-modules/scikit-base/default.nix
index 4dd13a0edaef..01c97949a8f3 100644
--- a/pkgs/development/python-modules/scikit-base/default.nix
+++ b/pkgs/development/python-modules/scikit-base/default.nix
@@ -8,14 +8,14 @@
 
 buildPythonPackage rec {
   pname = "scikit-base";
-  version = "0.12.2";
+  version = "0.12.3";
   pyproject = true;
 
   src = fetchFromGitHub {
     owner = "sktime";
     repo = "skbase";
     tag = "v${version}";
-    hash = "sha256-Bkvk3x76DuLr7Q3NkD7z0ycXK6+K+24hawWeBrX6t1w=";
+    hash = "sha256-UaAzEw/crkHg7Gyu0xWdQwlqP8M/00Pv82+G3fXQ9hs=";
   };
 
   build-system = [ setuptools ];