diff --git a/pkgs/development/python-modules/dvc/default.nix b/pkgs/development/python-modules/dvc/default.nix
index 810973a9d7b3..74e3d6a3bba1 100644
--- a/pkgs/development/python-modules/dvc/default.nix
+++ b/pkgs/development/python-modules/dvc/default.nix
@@ -57,7 +57,7 @@
 
 buildPythonPackage rec {
   pname = "dvc";
-  version = "3.54.0";
+  version = "3.54.1";
   pyproject = true;
 
   disabled = pythonOlder "3.8";
@@ -66,7 +66,7 @@ buildPythonPackage rec {
     owner = "iterative";
     repo = "dvc";
     rev = "refs/tags/${version}";
-    hash = "sha256-FmWL6NHFnR/NHI1QTIqByRyX27/SocuTWT9huBa4KWA=";
+    hash = "sha256-q4o5IFL/Txy5qoe71FYzCEf7O+0RvlASripZzU3xaOw=";
   };
 
   pythonRelaxDeps = [