diff --git a/pkgs/development/python-modules/pipdeptree/default.nix b/pkgs/development/python-modules/pipdeptree/default.nix
index 5b99b49c5499..43d99563a47c 100644
--- a/pkgs/development/python-modules/pipdeptree/default.nix
+++ b/pkgs/development/python-modules/pipdeptree/default.nix
@@ -14,7 +14,7 @@
 
 buildPythonPackage rec {
   pname = "pipdeptree";
-  version = "2.10.2";
+  version = "2.12.0";
   format = "pyproject";
 
   disabled = pythonOlder "3.8";
@@ -23,7 +23,7 @@ buildPythonPackage rec {
     owner = "tox-dev";
     repo = "pipdeptree";
     rev = "refs/tags/${version}";
-    hash = "sha256-W7aCSekm6vZSlEAgwgrwmUBV2/jCiBol7JyNMYUVpPY=";
+    hash = "sha256-4qRMET04JLVuDRfQtv/uQquf76iU00rnsWNaUXj1Gfw=";
   };
 
   SETUPTOOLS_SCM_PRETEND_VERSION = version;