diff --git a/pkgs/development/python-modules/pytorch/bin.nix b/pkgs/development/python-modules/pytorch/bin.nix
index e2427ac22df3a..d914cc3f90c4b 100644
--- a/pkgs/development/python-modules/pytorch/bin.nix
+++ b/pkgs/development/python-modules/pytorch/bin.nix
@@ -20,7 +20,7 @@ let
   pyVerNoDot = builtins.replaceStrings [ "." ] [ "" ] python.pythonVersion;
   srcs = import ./binary-hashes.nix version;
   unsupported = throw "Unsupported system";
-  version = "1.11.0";
+  version = "1.12.1";
 in buildPythonPackage {
   inherit version;
 
diff --git a/pkgs/development/python-modules/pytorch/default.nix b/pkgs/development/python-modules/pytorch/default.nix
index 76a835910392d..f1542ff731a21 100644
--- a/pkgs/development/python-modules/pytorch/default.nix
+++ b/pkgs/development/python-modules/pytorch/default.nix
@@ -122,7 +122,7 @@ let
 in buildPythonPackage rec {
   pname = "pytorch";
   # Don't forget to update pytorch-bin to the same version.
-  version = "1.11.0";
+  version = "1.12.1";
   format = "setuptools";
 
   disabled = pythonOlder "3.7.0";
@@ -138,7 +138,7 @@ in buildPythonPackage rec {
     repo   = "pytorch";
     rev    = "v${version}";
     fetchSubmodules = true;
-    sha256 = "sha256-CEu63tdRBAF8CTchO3Qu8gUNObQylX6U08yDTI4/c/0=";
+    sha256 = "sha256-8378BVOBFCRYRG1+yIYFSPKmb1rFOLgR+8pNZKt9NfI=";
   };
 
   patches = [