diff --git a/pkgs/development/python-modules/ipython/default.nix b/pkgs/development/python-modules/ipython/default.nix
index 6b9da6e882f2..23dc52e83342 100644
--- a/pkgs/development/python-modules/ipython/default.nix
+++ b/pkgs/development/python-modules/ipython/default.nix
@@ -22,12 +22,12 @@
 
 buildPythonPackage rec {
   pname = "ipython";
-  version = "7.10.2";
+  version = "7.12.0";
   disabled = pythonOlder "3.6";
 
   src = fetchPypi {
     inherit pname version;
-    sha256 = "762d79a62b6aa96b04971e920543f558dfbeedc0468b899303c080c8068d4ac2";
+    sha256 = "d9459e7237e2e5858738ff9c3e26504b79899b58a6d49e574d352493d80684c6";
   };
 
   prePatch = lib.optionalString stdenv.isDarwin ''