diff --git a/package/iperf3/iperf3.hash b/package/iperf3/iperf3.hash
index 4b9332d6f6..48a2b2a807 100644
--- a/package/iperf3/iperf3.hash
+++ b/package/iperf3/iperf3.hash
@@ -1,2 +1,2 @@
 # Locally calculated
-sha256	86f292e554d42d1bddbd5f587e594005f4ca202c284e4da45ed8cfbe935a5be8	iperf3-3.1.1.tar.gz
+sha256  48b5c783bb4a9c44f2bdcfe52c5d45b77ab1e1c82de3d0131f692457950811f9  iperf3-3.1.2.tar.gz
diff --git a/package/iperf3/iperf3.mk b/package/iperf3/iperf3.mk
index 74d6cce2be..2438955f64 100644
--- a/package/iperf3/iperf3.mk
+++ b/package/iperf3/iperf3.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-IPERF3_VERSION = 3.1.1
+IPERF3_VERSION = 3.1.2
 IPERF3_SITE = $(call github,esnet,iperf,$(IPERF3_VERSION))
 IPERF3_LICENSE = BSD-3c, BSD-2c, MIT
 IPERF3_LICENSE_FILES = LICENSE