diff --git a/package/python-pymodbus/python-pymodbus.hash b/package/python-pymodbus/python-pymodbus.hash
index 7c8f352de4..6727fbc571 100644
--- a/package/python-pymodbus/python-pymodbus.hash
+++ b/package/python-pymodbus/python-pymodbus.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/pymodbus/json
-md5  3bdc2a574cbfd10ec6dddf38c3f26598  pymodbus-3.7.0.tar.gz
-sha256  5c772babaa61a65ff908293faa668aedcd9d9e10f4bcf5c77a8fe51a6fd9ed47  pymodbus-3.7.0.tar.gz
+md5  1e1cc27f4a7911a8554190156a441089  pymodbus-3.7.2.tar.gz
+sha256  6cc63a14c8cca83f5b6d9dae3319565061bd49503ee7282df681201c16357eef  pymodbus-3.7.2.tar.gz
 # Locally computed sha256 checksums
 sha256  47f904249172e795a6b32de91f471073297befffd74e17cafc288d348a55972e  LICENSE
diff --git a/package/python-pymodbus/python-pymodbus.mk b/package/python-pymodbus/python-pymodbus.mk
index 6a7c384cf6..ab8f72fb8c 100644
--- a/package/python-pymodbus/python-pymodbus.mk
+++ b/package/python-pymodbus/python-pymodbus.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_PYMODBUS_VERSION = 3.7.0
+PYTHON_PYMODBUS_VERSION = 3.7.2
 PYTHON_PYMODBUS_SOURCE = pymodbus-$(PYTHON_PYMODBUS_VERSION).tar.gz
-PYTHON_PYMODBUS_SITE = https://files.pythonhosted.org/packages/cc/83/de0c3596f17ac4833f591e96cafee7ae6109d846d607387b48f88d66759a
+PYTHON_PYMODBUS_SITE = https://files.pythonhosted.org/packages/a2/f1/10be9b46fa9389271eeec8cb022680ff701ef97bcdd47d0e4a1fa464c057
 PYTHON_PYMODBUS_SETUP_TYPE = setuptools
 PYTHON_PYMODBUS_LICENSE = BSD-3-Clause
 PYTHON_PYMODBUS_LICENSE_FILES = LICENSE