diff --git a/package/python-ml-dtypes/python-ml-dtypes.hash b/package/python-ml-dtypes/python-ml-dtypes.hash
index e11ae88abf..9f81056cd0 100644
--- a/package/python-ml-dtypes/python-ml-dtypes.hash
+++ b/package/python-ml-dtypes/python-ml-dtypes.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/ml_dtypes/json
-md5  0d4d585a69dc36ce685c487c99fcc59a  ml_dtypes-0.5.0.tar.gz
-sha256  3e7d3a380fe73a63c884f06136f8baa7a5249cc8e9fdec677997dd78549f8128  ml_dtypes-0.5.0.tar.gz
+md5  410474c03a1754e6b5197a24040e3f3c  ml_dtypes-0.5.1.tar.gz
+sha256  ac5b58559bb84a95848ed6984eb8013249f90b6bab62aa5acbad876e256002c9  ml_dtypes-0.5.1.tar.gz
 # Locally computed sha256 checksums
 sha256  cfc7749b96f63bd31c3c42b5c471bf756814053e847c10f3eb003417bc523d30  LICENSE
diff --git a/package/python-ml-dtypes/python-ml-dtypes.mk b/package/python-ml-dtypes/python-ml-dtypes.mk
index 060fe555c5..ab50069696 100644
--- a/package/python-ml-dtypes/python-ml-dtypes.mk
+++ b/package/python-ml-dtypes/python-ml-dtypes.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_ML_DTYPES_VERSION = 0.5.0
+PYTHON_ML_DTYPES_VERSION = 0.5.1
 PYTHON_ML_DTYPES_SOURCE = ml_dtypes-$(PYTHON_ML_DTYPES_VERSION).tar.gz
-PYTHON_ML_DTYPES_SITE = https://files.pythonhosted.org/packages/ab/79/717c5e22ad25d63ce3acdfe8ff8d64bdedec18914256c59b838218708b16
+PYTHON_ML_DTYPES_SITE = https://files.pythonhosted.org/packages/32/49/6e67c334872d2c114df3020e579f3718c333198f8312290e09ec0216703a
 PYTHON_ML_DTYPES_LICENSE = Apache-2.0
 PYTHON_ML_DTYPES_LICENSE_FILES = LICENSE
 PYTHON_ML_DTYPES_SETUP_TYPE = setuptools