diff --git a/pkgs/development/tools/analysis/ikos/default.nix b/pkgs/development/tools/analysis/ikos/default.nix
index 50f4f552e0ff..40f9a9e40b33 100644
--- a/pkgs/development/tools/analysis/ikos/default.nix
+++ b/pkgs/development/tools/analysis/ikos/default.nix
@@ -4,26 +4,28 @@
 }:
 
 let
-  python = python3.withPackages (ps: with ps; [
+  inherit (python3.pkgs)
+    setuptools
+    wheel
+    build
+    installer
+    wrapPython
     pygments
-  ]);
+  ;
 in
 
 stdenv.mkDerivation rec {
   pname = "ikos";
-  version = "3.1";
+  version = "3.2";
 
   src = fetchFromGitHub {
     owner = "NASA-SW-VnV";
     repo = "ikos";
     rev = "v${version}";
-    hash = "sha256-scaFkUhCkIi41iR6CGPbEndzXkgqTKMb3PDNvhgVbCE=";
+    hash = "sha256-zWWfmjYgqhAztGivAJwZ4+yRrAHxgU1CF1Y7vVr95UA=";
   };
 
-  patches = [ (fetchpatch {
-    url = "https://github.com/NASA-SW-VnV/ikos/commit/2e647432427b3f0dbb639e0371d976ab6406f290.patch";
-    hash = "sha256-ffzjlqEp4qp76Kwl5zpyQlg/xUMt8aLDSSP4XA4ndS8=";
-  })
+  patches = [
   # Fix build with GCC 13
   # https://github.com/NASA-SW-VnV/ikos/pull/262
   (fetchpatch {
@@ -31,15 +33,35 @@ stdenv.mkDerivation rec {
     url = "https://github.com/NASA-SW-VnV/ikos/commit/73c816641fb9780f0d3b5e448510363a3cf21ce2.patch";
     hash = "sha256-bkeSAtxrL+z+6QNiGOWSg7kN8XiZqMxlJiu5Dquhca0=";
   })
+  # Fix an error in ikos-view; Pygments>=2.12 no longer passes outfile to wrap.
+  ./formatter-wrap.patch
   ];
 
-  nativeBuildInputs = [ cmake ];
-  buildInputs = [ boost tbb gmp clang llvm sqlite python
+  nativeBuildInputs = [ cmake setuptools wheel build installer wrapPython ];
+  buildInputs = [ boost tbb gmp clang llvm sqlite python3
                   ocamlPackages.apron mpfr ppl doxygen graphviz ];
+  propagatedBuildInputs = [
+    pygments
+  ];
 
-  cmakeFlags = [ "-DAPRON_ROOT=${ocamlPackages.apron}" ];
+  cmakeFlags = [
+    "-DAPRON_ROOT=${ocamlPackages.apron}"
+    "-DINSTALL_PYTHON_VIRTUALENV=off"
+    "-DPYTHON_VENV_EXECUTABLE=${python3}/bin/python"
+  ];
 
-  postBuild = "make doc";
+  postBuild = ''
+    make doc
+    ${python3}/bin/python -m build --no-isolation --outdir dist/ --wheel analyzer/python
+  '';
+
+  postInstall = ''
+    ${python3}/bin/python -m installer --prefix "$out" dist/*.whl
+  '';
+
+  postFixup = ''
+    wrapPythonPrograms
+  '';
 
   meta = with lib; {
     homepage = "https://github.com/NASA-SW-VnV/ikos";
diff --git a/pkgs/development/tools/analysis/ikos/formatter-wrap.patch b/pkgs/development/tools/analysis/ikos/formatter-wrap.patch
new file mode 100644
index 000000000000..ee4edec70eba
--- /dev/null
+++ b/pkgs/development/tools/analysis/ikos/formatter-wrap.patch
@@ -0,0 +1,13 @@
+diff --git a/analyzer/python/ikos/view.py b/analyzer/python/ikos/view.py
+index 4e9ed5d..6643db8 100644
+--- a/analyzer/python/ikos/view.py
++++ b/analyzer/python/ikos/view.py
+@@ -422,7 +422,7 @@ class Formatter(HtmlFormatter):
+         self.call_contexts = {}
+         self.checks = {}
+ 
+-    def wrap(self, source, outfile):
++    def wrap(self, source):
+         return self._wrap_code(source)
+ 
+     def _wrap_code(self, source):