diff --git a/security/py-krb5/Makefile b/security/py-krb5/Makefile
index 9246812da4fb..9e989e1f8fe3 100644
--- a/security/py-krb5/Makefile
+++ b/security/py-krb5/Makefile
@@ -1,32 +1,32 @@
 PORTNAME=	krb5
-PORTVERSION=	0.4.1
+PORTVERSION=	0.5.0
 CATEGORIES=	security python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	sunpoet@FreeBSD.org
 COMMENT=	Kerberos API bindings for Python
 WWW=		https://github.com/jborean93/pykrb5
 
 LICENSE=	MIT
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 BUILD_DEPENDS=	${PYTHON_PKGNAMEPREFIX}cython>=0.29.29<3.0.0:lang/cython@${PY_FLAVOR}
 
 USES=		python:3.7+
 USE_PYTHON=	autoplist concurrent cython distutils
 
 MAKE_ENV=	KRB5_KRB5CONFIG=${KRB5CONFIG}
 
 OPTIONS_SINGLE=	GSSAPI
 OPTIONS_SINGLE_GSSAPI=	GSSAPI_BASE GSSAPI_HEIMDAL GSSAPI_MIT
 OPTIONS_DEFAULT=GSSAPI_BASE
 
 GSSAPI_BASE_USES=	gssapi
 GSSAPI_HEIMDAL_USES=	gssapi:heimdal
 GSSAPI_MIT_USES=	gssapi:mit
 
 post-install:
 	${FIND} ${STAGEDIR}${PYTHON_SITELIBDIR} -name '*.so' -exec ${STRIP_CMD} {} +
 
 .include <bsd.port.mk>
diff --git a/security/py-krb5/distinfo b/security/py-krb5/distinfo
index aa75b1b7dbf0..c60dd7b9c4a4 100644
--- a/security/py-krb5/distinfo
+++ b/security/py-krb5/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1669057953
-SHA256 (krb5-0.4.1.tar.gz) = 606059b9db52086f4e03e15b161d1d172ccc1172880e42fa5744f99a4407cf57
-SIZE (krb5-0.4.1.tar.gz) = 218745
+TIMESTAMP = 1677771353
+SHA256 (krb5-0.5.0.tar.gz) = 33d6cf20ff9710cffb883136387fabc906360de1bce58bcd5673c4bb420e1657
+SIZE (krb5-0.5.0.tar.gz) = 220969