diff --git a/package/nasm/nasm.hash b/package/nasm/nasm.hash
index d6513ff9c6..141e141b0c 100644
--- a/package/nasm/nasm.hash
+++ b/package/nasm/nasm.hash
@@ -1,3 +1,3 @@
 # Locally calculated
-sha256  1e1b942ea88f22edae89659e15be26fa027eae0747f51413540f52d4eac4790d  nasm-2.16.02.tar.xz
+sha256  1412a1c760bbd05db026b6c0d1657affd6631cd0a63cddb6f73cc6d4aa616148  nasm-2.16.03.tar.xz
 sha256  1563996c52e220e15ef2418e67d39488255aa8c28c89e617074d3afe3ee329e0  LICENSE
diff --git a/package/nasm/nasm.mk b/package/nasm/nasm.mk
index ec03b03977..e44d265be6 100644
--- a/package/nasm/nasm.mk
+++ b/package/nasm/nasm.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-NASM_VERSION = 2.16.02
+NASM_VERSION = 2.16.03
 NASM_SOURCE = nasm-$(NASM_VERSION).tar.xz
 NASM_SITE = https://www.nasm.us/pub/nasm/releasebuilds/$(NASM_VERSION)
 NASM_LICENSE = BSD-2-Clause