diff --git a/pkgs/development/tools/memray/default.nix b/pkgs/development/tools/memray/default.nix
index 4f8b509702fb..0ce424ac06fe 100644
--- a/pkgs/development/tools/memray/default.nix
+++ b/pkgs/development/tools/memray/default.nix
@@ -8,14 +8,14 @@
 
 python3.pkgs.buildPythonApplication rec {
   pname = "memray";
-  version = "1.7.0";
+  version = "1.8.0";
   format = "setuptools";
 
   src = fetchFromGitHub {
     owner = "bloomberg";
     repo = pname;
     rev = "refs/tags/v${version}";
-    hash = "sha256-FM6DVBnYgvciTeF9bf2NDvHGsnccxKqcR5ATj6daQ4w=";
+    hash = "sha256-jn14bWluN8kApIVpXX5TeoFA1FDTlkOaz6QfFSz0ojU=";
   };
 
   nativeBuildInputs = [