diff --git a/ports/fmt/CONTROL b/ports/fmt/CONTROL
index e2abca792b..64cdec4267 100644
--- a/ports/fmt/CONTROL
+++ b/ports/fmt/CONTROL
@@ -1,3 +1,3 @@
 Source: fmt
-Version: 5.0.0-1
+Version: 5.1.0
 Description: Formatting library for C++. It can be used as a safe alternative to printf or as a fast alternative to IOStreams.
diff --git a/ports/fmt/portfile.cmake b/ports/fmt/portfile.cmake
index 858eb5a7f7..3cd23d8fee 100644
--- a/ports/fmt/portfile.cmake
+++ b/ports/fmt/portfile.cmake
@@ -2,8 +2,8 @@ include(vcpkg_common_functions)
 vcpkg_from_github(
     OUT_SOURCE_PATH SOURCE_PATH
     REPO fmtlib/fmt
-    REF 5.0.0
-    SHA512 1ce93648ab7aca6082767ff009d5836e226fa42f183852ca15230f371ef0a34878110ca63d8669a68de7f115c137fdaa11de998986a9440f08d50f0f214ebb90
+    REF 5.1.0
+    SHA512 b759a718353254fa8cd981e483bf01a45af0fc76901216404ace5e47f5d3edf43d42422184e5413c221e49832322fdf60d1860e8ec87349c674511064b31e5d6
     HEAD_REF master
 )