diff --git a/pkgs/applications/virtualization/docker/compose.nix b/pkgs/applications/virtualization/docker/compose.nix
index 64f212addfc4..5ec0a653155d 100644
--- a/pkgs/applications/virtualization/docker/compose.nix
+++ b/pkgs/applications/virtualization/docker/compose.nix
@@ -2,13 +2,13 @@
 
 buildGoModule rec {
   pname = "docker-compose";
-  version = "2.30.3";
+  version = "2.31.0";
 
   src = fetchFromGitHub {
     owner = "docker";
     repo = "compose";
     rev = "v${version}";
-    hash = "sha256-L+RDO31LnQbWA22bkCrnU2QDF6+eCPwbPpzZxHGrZ1Q=";
+    hash = "sha256-l+xSd7eIpEy6A1mtx3WrcPQl7071IdJkbHKXbe4uFdA=";
   };
 
   postPatch = ''
@@ -16,7 +16,7 @@ buildGoModule rec {
     rm -rf e2e/
   '';
 
-  vendorHash = "sha256-IbDr2cTGmJZM8G2cj35CwfEX+DWVD0L4pUxHBvu9EfI=";
+  vendorHash = "sha256-nBexI2hr+lKPe4HCYiNVtmc0Rl5Hhj/+TwSftYWVdQw=";
 
   ldflags = [ "-X github.com/docker/compose/v2/internal.Version=${version}" "-s" "-w" ];