diff --git a/srcpkgs/libavif/template b/srcpkgs/libavif/template
index a1342b2bb1f..426628d8f81 100644
--- a/srcpkgs/libavif/template
+++ b/srcpkgs/libavif/template
@@ -1,7 +1,7 @@
 # Template file for 'libavif'
 pkgname=libavif
-version=1.2.0
-revision=2
+version=1.2.1
+revision=1
 build_wrksrc="${pkgname}-${version}"
 build_style=cmake
 configure_args="-DAVIF_BUILD_APPS=ON -DAVIF_BUILD_GDK_PIXBUF=ON
@@ -20,7 +20,7 @@ homepage="https://github.com/AOMediaCodec/libavif"
 changelog="https://raw.githubusercontent.com/AOMediaCodec/libavif/main/CHANGELOG.md"
 distfiles="https://github.com/AOMediaCodec/libavif/archive/refs/tags/v${version}.tar.gz
  https://github.com/kmurray/libargparse/archive/ee74d1b53bd680748af14e737378de57e2a0a954.tar.gz>libargparse.tar.gz"
-checksum="2182f4900d1a9617cee89746922a58dd825f2a3547f23907b8d78dc3685f7d8c
+checksum="9c859c7c12ccb0f407511bfe303e6a7247f5f6738f54852662c6df8048daddf4
  7727b0498851e5b6a6fcd734eb667a8a231897e2c86a357aec51cc0664813060"
 
 build_options="dav1d rav1e svt"