diff --git a/pkgs/development/python-modules/dvc-s3/default.nix b/pkgs/development/python-modules/dvc-s3/default.nix
index faa0cec34d02..b3f824ce5cbf 100644
--- a/pkgs/development/python-modules/dvc-s3/default.nix
+++ b/pkgs/development/python-modules/dvc-s3/default.nix
@@ -12,13 +12,13 @@
 
 buildPythonPackage rec {
   pname = "dvc-s3";
-  version = "3.2.0";
+  version = "3.2.1";
   pyproject = true;
 
   src = fetchPypi {
     pname = "dvc_s3";
     inherit version;
-    hash = "sha256-HQEqwdzkdlmYb5GBI7SJMc+bNCmrC0oi/UsCRIGFzrY=";
+    hash = "sha256-Q232TQJQaWOwIl1SctlZGFlfX4awrVqb7usQW7KsPSQ=";
   };
 
   # Prevent circular dependency