diff --git a/package/python-sqlalchemy/python-sqlalchemy.hash b/package/python-sqlalchemy/python-sqlalchemy.hash
index 7ffdfaf1b5..e9aba384cc 100644
--- a/package/python-sqlalchemy/python-sqlalchemy.hash
+++ b/package/python-sqlalchemy/python-sqlalchemy.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/sqlalchemy/json
-md5  2d7c0dbb4b21a1cb0546d520e7795022  sqlalchemy-2.0.33.tar.gz
-sha256  91c93333c2b37ff721dc83b37e28c29de4c502b5612f2d093468037b86aa2be0  sqlalchemy-2.0.33.tar.gz
+md5  9cdbb77746e7d113b9d2c2af1be6700d  sqlalchemy-2.0.35.tar.gz
+sha256  e11d7ea4d24f0a262bccf9a7cd6284c976c5369dac21db237cff59586045ab9f  sqlalchemy-2.0.35.tar.gz
 # Locally computed sha256 checksums
 sha256  3c0f59ab887d041de6a4e52ffe3e9edb5d9522de909fae9a6cd7adb6e7be3293  LICENSE
diff --git a/package/python-sqlalchemy/python-sqlalchemy.mk b/package/python-sqlalchemy/python-sqlalchemy.mk
index 84201cf833..78d7f5e553 100644
--- a/package/python-sqlalchemy/python-sqlalchemy.mk
+++ b/package/python-sqlalchemy/python-sqlalchemy.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_SQLALCHEMY_VERSION = 2.0.33
+PYTHON_SQLALCHEMY_VERSION = 2.0.35
 PYTHON_SQLALCHEMY_SOURCE = sqlalchemy-$(PYTHON_SQLALCHEMY_VERSION).tar.gz
-PYTHON_SQLALCHEMY_SITE = https://files.pythonhosted.org/packages/d5/70/6dc437aff20e454e8ac35cdcc74620fad55985b5ea2830fa2d73b02d5805
+PYTHON_SQLALCHEMY_SITE = https://files.pythonhosted.org/packages/36/48/4f190a83525f5cefefa44f6adc9e6386c4de5218d686c27eda92eb1f5424
 PYTHON_SQLALCHEMY_SETUP_TYPE = setuptools
 PYTHON_SQLALCHEMY_LICENSE = MIT
 PYTHON_SQLALCHEMY_LICENSE_FILES = LICENSE