diff --git a/packages/devel/libfmt/package.mk b/packages/devel/libfmt/package.mk
index f91751073b..df4a905ba0 100644
--- a/packages/devel/libfmt/package.mk
+++ b/packages/devel/libfmt/package.mk
@@ -2,8 +2,8 @@
 # Copyright (C) 2017-present Team LibreELEC (https://libreelec.tv)
 
 PKG_NAME="libfmt"
-PKG_VERSION="9.1.0"
-PKG_SHA256="5dea48d1fcddc3ec571ce2058e13910a0d4a6bab4cc09a809d8b1dd1c88ae6f2"
+PKG_VERSION="10.1.1"
+PKG_SHA256="78b8c0a72b1c35e4443a7e308df52498252d1cefc2b08c9a97bc9ee6cfe61f8b"
 PKG_LICENSE="BSD"
 PKG_SITE="https://github.com/fmtlib/fmt"
 PKG_URL="https://github.com/fmtlib/fmt/archive/${PKG_VERSION}.tar.gz"