diff --git a/ports/fmt/CONTROL b/ports/fmt/CONTROL
index 14306b7307d..7a82286dd01 100644
--- a/ports/fmt/CONTROL
+++ b/ports/fmt/CONTROL
@@ -1,3 +1,3 @@
 Source: fmt
-Version: 5.2.1
+Version: 5.3.0
 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 a12f66c3970..d36efcadc3f 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 5.2.1
-    SHA512 2b63a741df4df9c3cbf04098c6548bb3d0f9836fe912325542298df57c888f43e72159469fb87685b423694e43e4418545377d5ee6393f2709955be2c13780a8
+    REF 5.3.0
+    SHA512 9ef0f3d328681253c1e1776576d54d67dec49c19fd7fc422ae63c3610b01a3f05f6e83cdf5e913dfd09bac42e52fe35c38ebe1ea91f4207d226a32aaf69eb4a8
     HEAD_REF master
 )