diff --git a/packages/addons/addon-depends/pngquant/package.mk b/packages/addons/addon-depends/pngquant/package.mk
index 1e8f8ff1d5..e92d89f636 100644
--- a/packages/addons/addon-depends/pngquant/package.mk
+++ b/packages/addons/addon-depends/pngquant/package.mk
@@ -2,8 +2,8 @@
 # Copyright (C) 2017-present Team LibreELEC (https://libreelec.tv)
 
 PKG_NAME="pngquant"
-PKG_VERSION="2.17.0"
-PKG_SHA256="a27cf0e64db499ccb3ddae9b36036e881f78293e46ec27a9e7a86a3802fcda66"
+PKG_VERSION="2.18.0"
+PKG_SHA256="e72194b52b36f040deaec49a1ddd5dcd8d4feecc3a5fe6c5e9589a9707b233d4"
 PKG_LICENSE="GPLv3"
 PKG_SITE="https://pngquant.org"
 PKG_URL="https://pngquant.org/pngquant-${PKG_VERSION}-src.tar.gz"