diff --git a/package/gstreamer1/gst1-validate/gst1-validate.hash b/package/gstreamer1/gst1-validate/gst1-validate.hash
index d2fc2c2a4a..75e43b15b3 100644
--- a/package/gstreamer1/gst1-validate/gst1-validate.hash
+++ b/package/gstreamer1/gst1-validate/gst1-validate.hash
@@ -1,2 +1,2 @@
-From https://gstreamer.freedesktop.org/src/gst-validate/gst-validate-1.12.2.tar.xz.sha256sum
-sha256 6b7a25d1fd2a08ffe08e4809587f16b4c4e01dfd9e77cfa222b7f2558666fedd gst-validate-1.12.2.tar.xz
+From https://gstreamer.freedesktop.org/src/gst-validate/gst-validate-1.12.3.tar.xz.sha256sum
+sha256 5139949d20274fdd702492438eeab2c9e55aa82f60aca17db27ebd3faf08489e gst-validate-1.12.3.tar.xz
diff --git a/package/gstreamer1/gst1-validate/gst1-validate.mk b/package/gstreamer1/gst1-validate/gst1-validate.mk
index 31b01ef5fa..33fec08d12 100644
--- a/package/gstreamer1/gst1-validate/gst1-validate.mk
+++ b/package/gstreamer1/gst1-validate/gst1-validate.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-GST1_VALIDATE_VERSION = 1.12.2
+GST1_VALIDATE_VERSION = 1.12.3
 GST1_VALIDATE_SOURCE = gst-validate-$(GST1_VALIDATE_VERSION).tar.xz
 GST1_VALIDATE_SITE = https://gstreamer.freedesktop.org/src/gst-validate
 GST1_VALIDATE_LICENSE = LGPL-2.1+