diff --git a/pkgs/development/python-modules/elementpath/default.nix b/pkgs/development/python-modules/elementpath/default.nix
index 810b5dfedd01..49a4a6700b21 100644
--- a/pkgs/development/python-modules/elementpath/default.nix
+++ b/pkgs/development/python-modules/elementpath/default.nix
@@ -5,7 +5,7 @@
 }:
 
 buildPythonPackage rec {
-  version = "2.3.2";
+  version = "2.4.0";
   pname = "elementpath";
 
   disabled = pythonOlder "3.6";
@@ -14,7 +14,7 @@ buildPythonPackage rec {
     owner = "sissaschool";
     repo = "elementpath";
     rev = "v${version}";
-    sha256 = "01h68v077xbcnqn9v52i8d6s6i7ds3zycn3ddn11hc074m4gg3af";
+    sha256 = "1f3w5zyvrkl4gab81i5z9b41ybs54b37znj5r7hrcf25x8hrqgvv";
   };
 
   # avoid circular dependency with xmlschema which directly depends on this