diff --git a/pkgs/development/compilers/p4c/default.nix b/pkgs/development/compilers/p4c/default.nix
index ddf0c112f8ff..5c27ac26d6cb 100644
--- a/pkgs/development/compilers/p4c/default.nix
+++ b/pkgs/development/compilers/p4c/default.nix
@@ -27,13 +27,13 @@ let
 in
 stdenv.mkDerivation rec {
   pname = "p4c";
-  version = "1.2.3.9";
+  version = "1.2.4.0";
 
   src = fetchFromGitHub {
     owner = "p4lang";
     repo = "p4c";
     rev = "v${version}";
-    sha256 = "sha256-mnJluusDei95B6LMAwre8FjjxwlpK99tzvzLwroQQsM=";
+    sha256 = "sha256-nIPvB6nwa55dKNeoNRrjhnnmoYLYTviaoL79+hT6gGs=";
     fetchSubmodules = true;
   };