diff --git a/pkgs/development/python-modules/dropbox/default.nix b/pkgs/development/python-modules/dropbox/default.nix
index e321c110a6bd..3aa359b72da0 100644
--- a/pkgs/development/python-modules/dropbox/default.nix
+++ b/pkgs/development/python-modules/dropbox/default.nix
@@ -13,7 +13,7 @@
 
 buildPythonPackage rec {
   pname = "dropbox";
-  version = "11.31.0";
+  version = "11.32.0";
   format = "setuptools";
 
   disabled = pythonOlder "3.7";
@@ -23,7 +23,7 @@ buildPythonPackage rec {
     owner = "dropbox";
     repo = "dropbox-sdk-python";
     rev = "refs/tags/v${version}";
-    hash = "sha256-mbBVivrpXYNuVbXeHRyy07LxPbtYvaL3JleK7QXOxi0=";
+    hash = "sha256-eb4GhmQJk60x02sFEYPF9x07lVRhVMFKYd9owO78S00=";
   };
 
   propagatedBuildInputs = [