diff --git a/pkgs/development/python-modules/plotly/default.nix b/pkgs/development/python-modules/plotly/default.nix
index 5ef6c785fed0..c4811044ae2b 100644
--- a/pkgs/development/python-modules/plotly/default.nix
+++ b/pkgs/development/python-modules/plotly/default.nix
@@ -9,11 +9,11 @@
 
 buildPythonPackage rec {
   pname = "plotly";
-  version = "5.3.1";
+  version = "5.4.0";
 
   src = fetchPypi {
     inherit pname version;
-    sha256 = "6598393e898a9c5ae78397f76f07002ec41fd92e5f746d3b9806248d53885643";
+    sha256 = "735d50738c760ecbf3a38e2336b8c1b119bff2d857096e4f68af31089b798161";
   };
 
   propagatedBuildInputs = [