diff --git a/doc/release-notes/rl-2605.section.md b/doc/release-notes/rl-2605.section.md
index fc34a120d84d..5388280ecc98 100644
--- a/doc/release-notes/rl-2605.section.md
+++ b/doc/release-notes/rl-2605.section.md
@@ -18,6 +18,8 @@
   adding `pkg-config`, `xfce4-dev-tools`, and `wrapGAppsHook3` to your `nativeBuildInputs` and
   `--enable-maintainer-mode` to your `configureFlags`.
 
+- `cargo-codspeed` has been updated from `3.0.5` to `4.2.0`. Version `4.0.0` includes breaking changes. For more information read the [changelog for 4.0.0](https://github.com/CodSpeedHQ/codspeed-rust/releases/tag/v4.0.0).
+
 - `corepack_latest` has been removed, as Corepack is no longer distributed with Node.js.
 
 - `spoof` has been removed, as there are many issues upstream with it working on modern OS versions, and it appears to be unmaintained.
diff --git a/pkgs/by-name/ca/cargo-codspeed/package.nix b/pkgs/by-name/ca/cargo-codspeed/package.nix
index 93c12ae25c80..d4d3e62f35c1 100644
--- a/pkgs/by-name/ca/cargo-codspeed/package.nix
+++ b/pkgs/by-name/ca/cargo-codspeed/package.nix
@@ -1,26 +1,26 @@
 {
-  lib,
-  rustPlatform,
-  fetchFromGitHub,
   curl,
-  pkg-config,
+  fetchFromGitHub,
+  lib,
   libgit2,
   openssl,
+  pkg-config,
+  rustPlatform,
   zlib,
 }:
 
-rustPlatform.buildRustPackage rec {
+rustPlatform.buildRustPackage (finalAttrs: {
   pname = "cargo-codspeed";
-  version = "3.0.5";
+  version = "4.2.0";
 
   src = fetchFromGitHub {
     owner = "CodSpeedHQ";
     repo = "codspeed-rust";
-    rev = "v${version}";
-    hash = "sha256-vQGPROaTkEwvKw+4aPpS1whUwfeqBcYWJTIKm4KnIiw=";
+    tag = "v${finalAttrs.version}";
+    hash = "sha256-ofVgb+9YUNiCPhRZHY3Fm1nXRZK+9Uq8pc5XAm3P6oU=";
   };
 
-  cargoHash = "sha256-1bFd35JScS3x0ttfSyNUgtB9xgtVUMRl4oUOn2r+t5M=";
+  cargoHash = "sha256-xcLs2Tdi7wp7F5Jwl1QvEC1wQeK7pBjBZKxGVrzqzu0=";
 
   nativeBuildInputs = [
     curl
@@ -35,10 +35,17 @@ rustPlatform.buildRustPackage rec {
   ];
 
   cargoBuildFlags = [ "-p=cargo-codspeed" ];
-  cargoTestFlags = cargoBuildFlags;
+  cargoTestFlags = finalAttrs.cargoBuildFlags;
   checkFlags = [
     # requires an extra dependency, blit
     "--skip=test_package_in_deps_build"
+
+    # requires criteron, which requires additional dependencies
+    "--skip=test_cargo_config_rustflags"
+
+    # requires additional dependencies
+    "--skip=test_criterion_build_and_run_filtered_by_name"
+    "--skip=test_criterion_build_and_run_filtered_by_name_single"
   ];
 
   env = {
@@ -46,14 +53,14 @@ rustPlatform.buildRustPackage rec {
   };
 
   meta = {
+    changelog = "https://github.com/CodSpeedHQ/codspeed-rust/releases/tag/v${finalAttrs.version}";
     description = "Cargo extension to build & run your codspeed benchmarks";
     homepage = "https://github.com/CodSpeedHQ/codspeed-rust";
-    changelog = "https://github.com/CodSpeedHQ/codspeed-rust/releases/tag/${src.rev}";
     license = with lib.licenses; [
       mit
       asl20
     ];
-    maintainers = [ ];
     mainProgram = "cargo-codspeed";
+    maintainers = with lib.maintainers; [ hythera ];
   };
-}
+})