diff --git a/pkgs/development/python-modules/faker/default.nix b/pkgs/development/python-modules/faker/default.nix
index a8e2e565de9a..c15988dbd5c4 100644
--- a/pkgs/development/python-modules/faker/default.nix
+++ b/pkgs/development/python-modules/faker/default.nix
@@ -15,12 +15,12 @@
 
 buildPythonPackage rec {
   pname = "faker";
-  version = "37.5.3";
+  version = "40.1.2";
   pyproject = true;
 
   src = fetchPypi {
     inherit pname version;
-    hash = "sha256-gxXY/01vT1iL1C/+Y6vVmYhseFBz4mpEcH4Q7rpXE9w=";
+    hash = "sha256-t2poFjql8XHSYPwkgnqDSbwdtnL2pmU1no0AlegTXTA=";
   };
 
   build-system = [ setuptools ];