diff --git a/package/python-fastapi/python-fastapi.hash b/package/python-fastapi/python-fastapi.hash
index 7ef8628579..dc6549d670 100644
--- a/package/python-fastapi/python-fastapi.hash
+++ b/package/python-fastapi/python-fastapi.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/fastapi/json
-md5  b72bd92dd17ba585f8fc3cf37f95c6f2  fastapi-0.123.9.tar.gz
-sha256  ab33d672d8e1cc6e0b49777eb73c32ccf20761011f5ca16755889ab406fd1de0  fastapi-0.123.9.tar.gz
+md5  d82c1c5040c1d29b7e0cb4bce9ac0e51  fastapi-0.124.2.tar.gz
+sha256  72e188f01f360e2f59da51c8822cbe4bca210c35daaae6321b1b724109101c00  fastapi-0.124.2.tar.gz
 # Locally computed sha256 checksums
 sha256  4ec89ffc81485b97fec584b2d4a961032eeffe834453894fd9c1274906cc744e  LICENSE
diff --git a/package/python-fastapi/python-fastapi.mk b/package/python-fastapi/python-fastapi.mk
index 207dc88d8f..34aa3781b5 100644
--- a/package/python-fastapi/python-fastapi.mk
+++ b/package/python-fastapi/python-fastapi.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_FASTAPI_VERSION = 0.123.9
+PYTHON_FASTAPI_VERSION = 0.124.2
 PYTHON_FASTAPI_SOURCE = fastapi-$(PYTHON_FASTAPI_VERSION).tar.gz
-PYTHON_FASTAPI_SITE = https://files.pythonhosted.org/packages/2c/01/c3fb48c0135d89586a03c3e2c5bc04540dda52079a1af5cac4a63598efb9
+PYTHON_FASTAPI_SITE = https://files.pythonhosted.org/packages/58/b7/4dbca3f9d847ba9876dcb7098c13a4c6c86ee8db148c923fab78e27748d3
 PYTHON_FASTAPI_SETUP_TYPE = pep517
 PYTHON_FASTAPI_LICENSE = MIT
 PYTHON_FASTAPI_LICENSE_FILES = LICENSE