diff --git a/manifest b/manifest
index 1b0c1d0..257e9c4 100644
--- a/manifest
+++ b/manifest
@@ -1,6 +1,6 @@
 : 1
 name: fmt
-version: 10.1.1
+version: 10.2.1
 summary: "{fmt} is an open-source formatting library for C++. It can be used as a safe and fast alternative to (s)printf and iostreams."
 license: MIT
 description-file: README.md
diff --git a/upstream b/upstream
index f5e5435..e69e5f9 160000
--- a/upstream
+++ b/upstream
@@ -1 +1 @@
-Subproject commit f5e54359df4c26b6230fc61d38aa294581393084
+Subproject commit e69e5f977d458f2650bb346dadf2ad30c5320281