diff --git a/pkgs/development/python-modules/opt-einsum/default.nix b/pkgs/development/python-modules/opt-einsum/default.nix
index f4e7d38ecb8..064c0adb134 100644
--- a/pkgs/development/python-modules/opt-einsum/default.nix
+++ b/pkgs/development/python-modules/opt-einsum/default.nix
@@ -1,12 +1,12 @@
 { buildPythonPackage, fetchPypi, lib, numpy, pytest_4 }:
 
 buildPythonPackage rec {
-  version = "3.0.1";
+  version = "3.1.0";
   pname = "opt_einsum";
 
   src = fetchPypi {
     inherit version pname;
-    sha256 = "1agyvq26x0zd6j3wzgczl4apx8v7cb9w1z50azn8c3pq9jphgfla";
+    sha256 = "edfada4b1d0b3b782ace8bc14e80618ff629abf53143e1e6bbf9bd00b11ece77";
   };
 
   propagatedBuildInputs = [ numpy ];