diff --git a/package/python-cachetools/python-cachetools.hash b/package/python-cachetools/python-cachetools.hash
index 30d162f443..59c97017d9 100644
--- a/package/python-cachetools/python-cachetools.hash
+++ b/package/python-cachetools/python-cachetools.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/cachetools/json
-md5  6e88355ee27dd4c21a817cebc3c3c6b6  cachetools-7.2.0.tar.gz
-sha256  bcac1a1b8da6909994a2957238a57b8140dab7c5c5c69a43669654fe87a33c1d  cachetools-7.2.0.tar.gz
+md5  4ea5f8d2e11ad9db332ad02758db0164  cachetools-7.2.1.tar.gz
+sha256  b1a7537025c06abf96fcc1443e496af9a3fb95e774e70e1f0af226f73f7f2dcc  cachetools-7.2.1.tar.gz
 # Locally computed sha256 checksums
 sha256  28c000b52b0ee27138a68ef778227e4057046e86b65f62f1cacb99b0cc49e0d2  LICENSE
diff --git a/package/python-cachetools/python-cachetools.mk b/package/python-cachetools/python-cachetools.mk
index 19d4a6877f..cda505c404 100644
--- a/package/python-cachetools/python-cachetools.mk
+++ b/package/python-cachetools/python-cachetools.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_CACHETOOLS_VERSION = 7.2.0
+PYTHON_CACHETOOLS_VERSION = 7.2.1
 PYTHON_CACHETOOLS_SOURCE = cachetools-$(PYTHON_CACHETOOLS_VERSION).tar.gz
-PYTHON_CACHETOOLS_SITE = https://files.pythonhosted.org/packages/29/2c/3f18755527b03ca9ff6be724bd5370cb777c76a87f17301377cf04a4729b
+PYTHON_CACHETOOLS_SITE = https://files.pythonhosted.org/packages/31/44/71476a5812da1ddf2c9a3efd31ae76d01480a1cf03ed13ac28aa8f2402e4
 PYTHON_CACHETOOLS_SETUP_TYPE = setuptools
 PYTHON_CACHETOOLS_LICENSE = MIT
 PYTHON_CACHETOOLS_LICENSE_FILES = LICENSE