diff --git a/pkgs/development/python-modules/sqlalchemy/default.nix b/pkgs/development/python-modules/sqlalchemy/default.nix
index 0e03b17963ee..ec427003fc47 100644
--- a/pkgs/development/python-modules/sqlalchemy/default.nix
+++ b/pkgs/development/python-modules/sqlalchemy/default.nix
@@ -14,11 +14,11 @@
 
 buildPythonPackage rec {
   pname = "SQLAlchemy";
-  version = "1.4.15";
+  version = "1.4.16";
 
   src = fetchPypi {
     inherit pname version;
-    sha256 = "1rj9h3mcxrgh5q8qvz7m39diyil27l5mldr49mgz6xfibk3h1w8g";
+    sha256 = "15yl9frbxsq90hq5b8znqy34fg5kqdw1jjw933kz709rbpxw4lzd";
   };
 
   propagatedBuildInputs = [