diff --git a/pkgs/development/python-modules/pillow/default.nix b/pkgs/development/python-modules/pillow/default.nix
index e2c0b2eb75ad..e19a87b695eb 100644
--- a/pkgs/development/python-modules/pillow/default.nix
+++ b/pkgs/development/python-modules/pillow/default.nix
@@ -42,14 +42,14 @@
 
 buildPythonPackage rec {
   pname = "pillow";
-  version = "12.2.0";
+  version = "12.3.0";
   pyproject = true;
 
   src = fetchFromGitHub {
     owner = "python-pillow";
     repo = "pillow";
     tag = version;
-    hash = "sha256-7w6FbZLTAoUMvLtSPvafk3wSRv8TrkAAfgZ/dfu3HpA=";
+    hash = "sha256-kmUlgR+f75Y8DAKKPdEbchLLgg0m95oyVP53WTQni88=";
   };
 
   build-system = [