diff --git a/package/dav1d/dav1d.hash b/package/dav1d/dav1d.hash
index 1af699dbe3..68757060bf 100644
--- a/package/dav1d/dav1d.hash
+++ b/package/dav1d/dav1d.hash
@@ -1,4 +1,4 @@
-# From https://download.videolan.org/pub/videolan/dav1d/1.2.0/dav1d-1.2.0.tar.xz.sha256
-sha256  231bed8bc1bb28a41d88da6b4c2c118de84b92e5f1d67caffa1b7f81aaea8c6e  dav1d-1.2.0.tar.xz
+# From https://download.videolan.org/pub/videolan/dav1d/1.2.1/dav1d-1.2.1.tar.xz.sha256
+sha256  4e33eb61ec54c768a16da0cf8fa0928b4c4593f5f804a3c887d4a21c318340b2  dav1d-1.2.1.tar.xz
 # Locally computed
 sha256  b327887de263238deaa80c34cdd2ff3e0ba1d35db585ce14a37ce3e74ee389e9  COPYING
diff --git a/package/dav1d/dav1d.mk b/package/dav1d/dav1d.mk
index f8d4464cd4..670a81d1c8 100644
--- a/package/dav1d/dav1d.mk
+++ b/package/dav1d/dav1d.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-DAV1D_VERSION = 1.2.0
+DAV1D_VERSION = 1.2.1
 DAV1D_SOURCE = dav1d-$(DAV1D_VERSION).tar.xz
 DAV1D_SITE = https://download.videolan.org/pub/videolan/dav1d/$(DAV1D_VERSION)
 DAV1D_LICENSE = BSD-2-Clause