diff --git a/pkgs/tools/video/rav1e/default.nix b/pkgs/tools/video/rav1e/default.nix
index e35057fb888..ed6a8f54234 100644
--- a/pkgs/tools/video/rav1e/default.nix
+++ b/pkgs/tools/video/rav1e/default.nix
@@ -4,14 +4,14 @@ let
   rustTargetPlatformSpec = rust.toRustTargetSpec stdenv.hostPlatform;
 in rustPlatform.buildRustPackage rec {
   pname = "rav1e";
-  version = "0.5.0";
+  version = "0.5.1";
 
   src = fetchCrate {
     inherit pname version;
-    sha256 = "sha256-3g2wqQJk26KUfzmneKdTxfNSRI/ioMa5MR6AEeR7eKs=";
+    sha256 = "sha256-v2i/dMWos+nB3cRDOkROSOPb1ONRosbmp9RDZI2DLeI=";
   };
 
-  cargoSha256 = "sha256-sPUAWQj8UDHV7IvYnerASltSPPGVB7f1tThqFYBu6t4=";
+  cargoSha256 = "sha256-V9QbztkFj3t5yBV+yySysDy3Q6IUY4gNzBL8h23aEg4=";
 
   nativeBuildInputs = [ nasm cargo-c ];
   buildInputs = lib.optionals stdenv.isDarwin [ libiconv ];