diff --git a/srcpkgs/python-setuptools/template b/srcpkgs/python-setuptools/template
index a4b7cd4aab4..8ab24fb9554 100644
--- a/srcpkgs/python-setuptools/template
+++ b/srcpkgs/python-setuptools/template
@@ -1,6 +1,6 @@
 # Template file for 'python-setuptools'
 pkgname=python-setuptools
-version=38.2.5
+version=38.4.0
 revision=1
 noarch=yes
 wrksrc="setuptools-${version}"
@@ -15,7 +15,7 @@ maintainer="Alessio Sergi <al3hex@gmail.com>"
 homepage="https://github.com/pypa/setuptools"
 license="MIT"
 distfiles="${PYPI_SITE}/s/setuptools/setuptools-${version}.zip"
-checksum=b080f276cc868670540b2c03cee06cc14d2faf9da7bec0f15058d1b402c94507
+checksum=6501fc32f505ec5b3ed36ec65ba48f1b975f52cf2ea101c7b73a08583fd12f75
 alternatives="setuptools:easy_install:/usr/bin/easy_install2"
 
 export SETUPTOOLS_INSTALL_WINDOWS_SPECIFIC_FILES=0