diff --git a/iperf3/Makefile b/iperf3/Makefile
index 1a7f3c839..8deb4ad97 100644
--- a/iperf3/Makefile
+++ b/iperf3/Makefile
@@ -9,8 +9,8 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=iperf
-PKG_SOURCE_VERSION:=40e7c05440583f229edd6b6ca05c5d97b66fcf15
-PKG_VERSION:=3.6-$(PKG_SOURCE_VERSION)
+PKG_SOURCE_VERSION:=d0d77e951931200e49415622029e03a730129f9b
+PKG_VERSION:=3.7-$(PKG_SOURCE_VERSION)
 PKG_RELEASE:=2
 
 PKG_SOURCE_PROTO:=git