diff --git a/pkgs/development/python-modules/qiskit-optimization/default.nix b/pkgs/development/python-modules/qiskit-optimization/default.nix
index 5d9ae3d4375f..b1ce0561dc4b 100644
--- a/pkgs/development/python-modules/qiskit-optimization/default.nix
+++ b/pkgs/development/python-modules/qiskit-optimization/default.nix
@@ -18,7 +18,7 @@
 
 buildPythonPackage rec {
   pname = "qiskit-optimization";
-  version = "0.2.3";
+  version = "0.3.0";
 
   disabled = pythonOlder "3.6";
 
@@ -26,7 +26,7 @@ buildPythonPackage rec {
     owner = "qiskit";
     repo = pname;
     rev = version;
-    sha256 = "sha256-y/j/cerzMAKVjehh1LUqYe1Juoa4lIxH2qS165S9img=";
+    sha256 = "18qs0m21j73fjawq3pxz5q5c0g2wgqgicy7p4a57lialpv6vrmc0";
   };
 
   postPatch = ''