diff --git a/pkgs/applications/networking/cluster/argocd/default.nix b/pkgs/applications/networking/cluster/argocd/default.nix
index 5fa0342b2173..ed7a502b7d38 100644
--- a/pkgs/applications/networking/cluster/argocd/default.nix
+++ b/pkgs/applications/networking/cluster/argocd/default.nix
@@ -2,17 +2,17 @@
 
 buildGoModule rec {
   pname = "argocd";
-  version = "2.12.2";
+  version = "2.12.3";
 
   src = fetchFromGitHub {
     owner = "argoproj";
     repo = "argo-cd";
     rev = "v${version}";
-    hash = "sha256-dQ9YLqj+voovhZShgCz46cmjSDd5qLCjIcL/3YwwP0A=";
+    hash = "sha256-XD/+alC0OZUDExXpAnxmN6zcGPrsYGxaWGU9KgdoCgM=";
   };
 
   proxyVendor = true; # darwin/linux hash mismatch
-  vendorHash = "sha256-abhoGqxM+2wiWPjZaGMDQnD9r60+E0aXTrH7J5r5prk=";
+  vendorHash = "sha256-8BX0QErfe2mxTbIToNgZ3U9OtpIy887936U68Qr+3W0=";
 
   # Set target as ./cmd per cli-local
   # https://github.com/argoproj/argo-cd/blob/master/Makefile#L227