diff --git a/devel/py-arrow/Makefile b/devel/py-arrow/Makefile
index 1acce96910f6..ee959855e0d4 100644
--- a/devel/py-arrow/Makefile
+++ b/devel/py-arrow/Makefile
@@ -1,27 +1,27 @@
 # Created by: Grzegorz Blach <gblach@FreeBSD.org>
 
 PORTNAME=	arrow
-PORTVERSION=	1.2.0
+PORTVERSION=	1.2.1
 CATEGORIES=	devel python
 MASTER_SITES=	CHEESESHOP
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	sunpoet@FreeBSD.org
 COMMENT=	Better dates and times for Python
 
 LICENSE=	APACHE20
 
 RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}dateutil>=2.7.0:devel/py-dateutil@${PY_FLAVOR}
 
 USES=		python:3.6+
 USE_PYTHON=	autoplist concurrent distutils
 
 NO_ARCH=	yes
 
 .include <bsd.port.pre.mk>
 
 .if ${PYTHON_REL} < 30800
 RUN_DEPENDS+=	${PYTHON_PKGNAMEPREFIX}typing-extensions>=0:devel/py-typing-extensions@${PY_FLAVOR}
 .endif
 
 .include <bsd.port.post.mk>
diff --git a/devel/py-arrow/distinfo b/devel/py-arrow/distinfo
index 253a65e0347a..e932f1eea781 100644
--- a/devel/py-arrow/distinfo
+++ b/devel/py-arrow/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1634111716
-SHA256 (arrow-1.2.0.tar.gz) = 16fc29bbd9e425e3eb0fef3018297910a0f4568f21116fc31771e2760a50e074
-SIZE (arrow-1.2.0.tar.gz) = 115903
+TIMESTAMP = 1635730945
+SHA256 (arrow-1.2.1.tar.gz) = c2dde3c382d9f7e6922ce636bf0b318a7a853df40ecb383b29192e6c5cc82840
+SIZE (arrow-1.2.1.tar.gz) = 118941