diff --git a/packages/tools/mtools/package.mk b/packages/tools/mtools/package.mk
index a522791890..16419bf626 100644
--- a/packages/tools/mtools/package.mk
+++ b/packages/tools/mtools/package.mk
@@ -3,8 +3,8 @@
 # Copyright (C) 2019-present Team LibreELEC (https://libreelec.tv)
 
 PKG_NAME="mtools"
-PKG_VERSION="4.0.37"
-PKG_SHA256="799b197e23e47b61259628810b27790efb7a1fe36037ef1da8a27b0ae4fa8342"
+PKG_VERSION="4.0.38"
+PKG_SHA256="7b94485f486e7df08cca68b00a164a13cd38f4c63cb8684d188759ee7bc5e729"
 PKG_LICENSE="GPL"
 PKG_SITE="http://www.gnu.org/software/mtools/"
 PKG_URL="http://ftpmirror.gnu.org/${PKG_NAME}/${PKG_NAME}-${PKG_VERSION}.tar.bz2"