diff --git a/pkgs/development/python-modules/docker_compose/default.nix b/pkgs/development/python-modules/docker_compose/default.nix
index a739c341b62..80a3a6d949c 100644
--- a/pkgs/development/python-modules/docker_compose/default.nix
+++ b/pkgs/development/python-modules/docker_compose/default.nix
@@ -6,12 +6,12 @@
 , enum34, functools32,
 }:
 buildPythonApplication rec {
-  version = "1.20.1";
+  version = "1.21.2";
   pname = "docker-compose";
 
   src = fetchPypi {
     inherit pname version;
-    sha256 = "34c043ebd4c23e4b864812c16b41dad25cec6b675557b180ced52d372e1a9e66";
+    sha256 = "0b0wihlyk89y6n0mly2vbljzqai1hhs6yzplskwdah2lfn9p3c38";
   };
 
   # lots of networking and other fails