diff --git a/pkgs/development/compilers/p4c/default.nix b/pkgs/development/compilers/p4c/default.nix
index dac9011f575a..b37c380c4c93 100644
--- a/pkgs/development/compilers/p4c/default.nix
+++ b/pkgs/development/compilers/p4c/default.nix
@@ -27,13 +27,13 @@ let
 in
 stdenv.mkDerivation rec {
   pname = "p4c";
-  version = "1.2.3.1";
+  version = "1.2.3.2";
 
   src = fetchFromGitHub {
     owner = "p4lang";
     repo = "p4c";
     rev = "v${version}";
-    sha256 = "sha256-mOswMUvr7LGN4GmczPUqNMUjs0c1Pc8SiC5k2Ou52Iw=";
+    sha256 = "sha256-EeTYH7CsmPPBL05zJ+g4aM677n0NqDD+H40lBuKpY6M=";
     fetchSubmodules = true;
   };