diff --git a/pkgs/by-name/li/libwebp/package.nix b/pkgs/by-name/li/libwebp/package.nix
index abd1e1bd9afe..c47827091eba 100644
--- a/pkgs/by-name/li/libwebp/package.nix
+++ b/pkgs/by-name/li/libwebp/package.nix
@@ -33,13 +33,13 @@
 
 stdenv.mkDerivation rec {
   pname = "libwebp";
-  version = "1.4.0";
+  version = "1.5.0";
 
   src = fetchFromGitHub {
     owner = "webmproject";
     repo = "libwebp";
     rev = "v${version}";
-    hash = "sha256-OR/VzKNn3mnwjf+G+RkEGAaaKrhVlAu1e2oTRwdsPj8=";
+    hash = "sha256-DMHP7DVWXrTsqU0m9tc783E6dNO0EQoSXZTn5kZOtTg=";
   };
 
   cmakeFlags = [