diff --git a/libs/libfmt/Makefile b/libs/libfmt/Makefile
index 86dea60fb..c19b66dff 100644
--- a/libs/libfmt/Makefile
+++ b/libs/libfmt/Makefile
@@ -8,13 +8,13 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=libfmt
-PKG_VERSION:=7.0.3
+PKG_VERSION:=7.1.2
 PKG_RELEASE:=1
 
 PKG_SOURCE_NAME:=fmt
 PKG_SOURCE:=$(PKG_SOURCE_NAME)-$(PKG_VERSION).tar.gz
 PKG_SOURCE_URL:=https://codeload.github.com/fmtlib/$(PKG_SOURCE_NAME)/tar.gz/$(PKG_VERSION)?
-PKG_HASH:=b4b51bc16288e2281cddc59c28f0b4f84fed58d016fb038273a09f05f8473297
+PKG_HASH:=4119a1c34dff91631e1d0a3707428f764f1ea22fe3cd5e70af5b4ccd5513831c
 PKG_BUILD_DIR:=$(BUILD_DIR)/$(PKG_SOURCE_NAME)-$(PKG_VERSION)
 
 PKG_MAINTAINER:=Othmar Truniger <github@truniger.ch>