diff --git a/pkgs/development/python-modules/dvc/default.nix b/pkgs/development/python-modules/dvc/default.nix
index 883dab3464ca..117a6a68bae6 100644
--- a/pkgs/development/python-modules/dvc/default.nix
+++ b/pkgs/development/python-modules/dvc/default.nix
@@ -55,14 +55,14 @@
 
 buildPythonPackage rec {
   pname = "dvc";
-  version = "3.20.0";
+  version = "3.21.1";
   format = "pyproject";
 
   src = fetchFromGitHub {
     owner = "iterative";
     repo = pname;
     rev = "refs/tags/${version}";
-    hash = "sha256-3cghehd2YLd4Ido6x4U4/SoQRO3ffw0B7JMA5NdfWa8=";
+    hash = "sha256-FCVxSkVWWtk6dTOtO+l28bDvXnxjX8wwy1uE/5Go4Mw=";
   };
 
   pythonRelaxDeps = [