diff --git a/pkgs/development/python-modules/grpcio-channelz/default.nix b/pkgs/development/python-modules/grpcio-channelz/default.nix
index f827c8508122..1063dfdb5d9d 100644
--- a/pkgs/development/python-modules/grpcio-channelz/default.nix
+++ b/pkgs/development/python-modules/grpcio-channelz/default.nix
@@ -8,12 +8,12 @@
 
 buildPythonPackage rec {
   pname = "grpcio-channelz";
-  version = "1.59.2";
+  version = "1.59.3";
   format = "setuptools";
 
   src = fetchPypi {
     inherit pname version;
-    hash = "sha256-apOnMd8EDU+ocj6fL/dkl3tqh6en/Q8H9K/lgvkqFN8=";
+    hash = "sha256-R2rk/4yQ0ldy6yZeauVtEpmmF0Jnx61NMw98y3D5kq4=";
   };
 
   nativeBuildInputs = [