diff --git a/package/fmt/fmt.hash b/package/fmt/fmt.hash
index 29b2b13c66..76bdd3171b 100644
--- a/package/fmt/fmt.hash
+++ b/package/fmt/fmt.hash
@@ -1,3 +1,3 @@
 # Locally calculated
-sha256  203eb4e8aa0d746c62d8f903df58e0419e3751591bb53ff971096eaa0ebd4ec3  fmt-11.2.0.zip
+sha256  695fd197fa5aff8fc67b5f2bbc110490a875cdf7a41686ac8512fb480fa8ada7  fmt-12.1.0.zip
 sha256  07580f2a3b35709ce703d523f447b242f6dfec7582a8c0df102c7fa2849375f8  LICENSE
diff --git a/package/fmt/fmt.mk b/package/fmt/fmt.mk
index dfb6fd3942..7d11cfddc3 100644
--- a/package/fmt/fmt.mk
+++ b/package/fmt/fmt.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-FMT_VERSION = 11.2.0
+FMT_VERSION = 12.1.0
 FMT_SITE = https://github.com/fmtlib/fmt/releases/download/$(FMT_VERSION)
 FMT_SOURCE = fmt-$(FMT_VERSION).zip
 FMT_LICENSE = MIT with exception