diff --git a/pkgs/development/python-modules/statsmodels/default.nix b/pkgs/development/python-modules/statsmodels/default.nix
index ba6d0b64f54..3ced08d7858 100644
--- a/pkgs/development/python-modules/statsmodels/default.nix
+++ b/pkgs/development/python-modules/statsmodels/default.nix
@@ -13,12 +13,12 @@
 
 buildPythonPackage rec {
   pname = "statsmodels";
-  version = "0.11.1";
+  version = "0.12.0";
   disabled = isPy27;
 
   src = fetchPypi {
     inherit pname version;
-    sha256 = "5bde3fa0a35a91b45dba7cbc28270b5b649ff1d721c89290883f6e831672d5f0";
+    sha256 = "5c7d6707ad3112b67f564abaf1845d3c02ecc7174c2d990d539f45c37e98ad35";
   };
 
   nativeBuildInputs = [ cython ];