diff --git a/pkgs/development/python-modules/termcolor/default.nix b/pkgs/development/python-modules/termcolor/default.nix
index ba5244f66af3..0d40a1b44f96 100644
--- a/pkgs/development/python-modules/termcolor/default.nix
+++ b/pkgs/development/python-modules/termcolor/default.nix
@@ -8,12 +8,12 @@
 
 buildPythonPackage rec {
   pname = "termcolor";
-  version = "2.2.0";
+  version = "2.3.0";
   format = "pyproject";
 
   src = fetchPypi {
     inherit pname version;
-    hash = "sha256-38isPzUHiPI7KUez5s+lpTtjC2EubNiWWgFad2AguZo=";
+    hash = "sha256-tbCPaJN/E4/pL2wIm5nx4toK5WxSt4v3B1/ZVCD9mlo=";
   };
 
   nativeBuildInputs = [