diff --git a/databases/py-alembic/Makefile b/databases/py-alembic/Makefile
index dd03edfa5253..c9e2c5ecc011 100644
--- a/databases/py-alembic/Makefile
+++ b/databases/py-alembic/Makefile
@@ -1,33 +1,33 @@
 PORTNAME=	alembic
-PORTVERSION=	1.10.2
+PORTVERSION=	1.10.3
 CATEGORIES=	databases python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	bofh@FreeBSD.org
 COMMENT=	Database migration tool for SQLAlchemy
 WWW=		https://alembic.zzzcomputing.com/
 
 LICENSE=	MIT
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}dateutil>0:devel/py-dateutil@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}importlib-metadata>0:devel/py-importlib-metadata@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}importlib-resources>0:devel/py-importlib-resources@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}mako>=0:textproc/py-mako@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}sqlalchemy14>=1.3.0:databases/py-sqlalchemy14@${PY_FLAVOR}
 
 TEST_DEPENDS=	${PYTHON_PKGNAMEPREFIX}pytest>0:devel/py-pytest@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}tox>0:devel/py-tox@${PY_FLAVOR}
 
 USES=		python:3.7+
 USE_PYTHON=	autoplist concurrent distutils
 
 CONFLICTS_INSTALL=	py*-alembic* # lib/python3.8/site-packages/alembic/__init__.py'
 
 NO_ARCH=	yes
 
 do-test:
 	@cd ${WRKSRC} && ${LOCALBASE}/bin/tox -e ${PY_FLAVOR}
 
 .include <bsd.port.mk>
diff --git a/databases/py-alembic/distinfo b/databases/py-alembic/distinfo
index 83a3b3d7afd7..63fff78f4e4d 100644
--- a/databases/py-alembic/distinfo
+++ b/databases/py-alembic/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1678478417
-SHA256 (alembic-1.10.2.tar.gz) = 457eafbdc0769d855c2c92cbafe6b7f319f916c80cf4ed02b8f394f38b51b89d
-SIZE (alembic-1.10.2.tar.gz) = 1148340
+TIMESTAMP = 1681275880
+SHA256 (alembic-1.10.3.tar.gz) = 32a69b13a613aeb7e8093f242da60eff9daed13c0df02fff279c1b06c32965d2
+SIZE (alembic-1.10.3.tar.gz) = 1151146