diff --git a/packages/devel/libfmt/package.mk b/packages/devel/libfmt/package.mk
index a2c976f54a..d1d87c11b5 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="5.1.0"
-PKG_SHA256="73d4cab4fa8a3482643d8703de4d9522d7a56981c938eca42d929106ff474b44"
+PKG_VERSION="5.3.0"
+PKG_SHA256="defa24a9af4c622a7134076602070b45721a43c51598c8456ec6f2c4dbb51c89"
 PKG_LICENSE="BSD"
 PKG_SITE="https://github.com/fmtlib/fmt"
 PKG_URL="https://github.com/fmtlib/fmt/archive/$PKG_VERSION.tar.gz"