diff --git a/pkgs/development/python-modules/sqlalchemy/default.nix b/pkgs/development/python-modules/sqlalchemy/default.nix
index 83fd3e7b10b3..9ac9c689632b 100644
--- a/pkgs/development/python-modules/sqlalchemy/default.nix
+++ b/pkgs/development/python-modules/sqlalchemy/default.nix
@@ -6,11 +6,11 @@
 
 buildPythonPackage rec {
   pname = "SQLAlchemy";
-  version = "1.3.20";
+  version = "1.3.23";
 
   src = fetchPypi {
     inherit pname version;
-    sha256 = "d2f25c7f410338d31666d7ddedfa67570900e248b940d186b48461bd4e5569a1";
+    sha256 = "12wi4vxjsx4ra76phks9drhc2yc9xz25458kgijnyrkq4mkk7jkg";
   };
 
   checkInputs = [