diff --git a/package/gstreamer1/gst-omx/gst-omx.hash b/package/gstreamer1/gst-omx/gst-omx.hash
index 33c20defbc..8abf4a27e8 100644
--- a/package/gstreamer1/gst-omx/gst-omx.hash
+++ b/package/gstreamer1/gst-omx/gst-omx.hash
@@ -1,3 +1,3 @@
-# From https://gstreamer.freedesktop.org/src/gst-omx/gst-omx-1.20.1.tar.xz.sha256sum
-sha256  86b52e30ebd0f59fcb5cf81a163211975f73ef32e5a6782562804646316bcd7c  gst-omx-1.20.1.tar.xz
+# From https://gstreamer.freedesktop.org/src/gst-omx/gst-omx-1.20.3.tar.xz.sha256sum
+sha256  8db48040bb41f09edf8d17ff6d16c54888d7777ba4501c2c69f0083350ea9a15  gst-omx-1.20.3.tar.xz
 sha256  dc626520dcd53a22f727af3ee42c770e56c97a64fe3adb063799d8ab032fe551  COPYING
diff --git a/package/gstreamer1/gst-omx/gst-omx.mk b/package/gstreamer1/gst-omx/gst-omx.mk
index 462c88765b..085bff87ad 100644
--- a/package/gstreamer1/gst-omx/gst-omx.mk
+++ b/package/gstreamer1/gst-omx/gst-omx.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-GST_OMX_VERSION = 1.20.1
+GST_OMX_VERSION = 1.20.3
 GST_OMX_SOURCE = gst-omx-$(GST_OMX_VERSION).tar.xz
 GST_OMX_SITE = https://gstreamer.freedesktop.org/src/gst-omx