diff --git a/pkgs/development/python-modules/colored/default.nix b/pkgs/development/python-modules/colored/default.nix
index 18306a65bb98..67d966989f13 100644
--- a/pkgs/development/python-modules/colored/default.nix
+++ b/pkgs/development/python-modules/colored/default.nix
@@ -8,14 +8,14 @@
 
 buildPythonPackage rec {
   pname = "colored";
-  version = "2.2.3";
+  version = "2.3.1";
   format = "pyproject";
 
   src = fetchFromGitLab {
     owner = "dslackw";
     repo = "colored";
     rev = "refs/tags/${version}";
-    hash = "sha256-4APFAIN+cmPPd6qbqVC9iU4YntNEjoPbJXZywG1hsBY=";
+    hash = "sha256-PPaPw7pCZJeBz6h5omZ+kcRXsqi6ncLYGM7FNfZ0r4w=";
   };
 
   nativeBuildInputs = [ flit-core ];