diff --git a/package/octave/octave.hash b/package/octave/octave.hash
index 72d47cdf54..81d7311eeb 100644
--- a/package/octave/octave.hash
+++ b/package/octave/octave.hash
@@ -1,3 +1,3 @@
 # Locally computed
-sha256  9e8d1f4d64fa1bcfa30a571e240dc83715dbaede1de96a982bdc89cac7ced42c  octave-7.1.0.tar.lz
+sha256  009388289b82fdcc920a2371355049cb6958c735ee9aa3893a256df4a6bf7515  octave-7.2.0.tar.lz
 sha256  3972dc9744f6499f0f9b2dbf76696f2ae7ad8af9b23dde66d6af86c9dfb36986  COPYING
diff --git a/package/octave/octave.mk b/package/octave/octave.mk
index 4e828eb734..b28617438a 100644
--- a/package/octave/octave.mk
+++ b/package/octave/octave.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-OCTAVE_VERSION = 7.1.0
+OCTAVE_VERSION = 7.2.0
 OCTAVE_SITE = https://ftp.gnu.org/gnu/octave
 OCTAVE_SOURCE = octave-$(OCTAVE_VERSION).tar.lz
 OCTAVE_LICENSE = GPL-3.0+