diff --git a/www/phalcon/Makefile b/www/phalcon/Makefile
index 71c19c5a70b9..88b8737b2940 100644
--- a/www/phalcon/Makefile
+++ b/www/phalcon/Makefile
@@ -1,22 +1,22 @@
 PORTNAME=	phalcon
 DISTVERSIONPREFIX=	v
-DISTVERSION=	5.3.0
+DISTVERSION=	5.3.1
 CATEGORIES=	www
 PKGNAMEPREFIX=	${PHP_PKGNAMEPREFIX}
 
 MAINTAINER=	franco@opnsense.org
 COMMENT=	Phalcon PHP Framework written in C-language
 WWW=		https://phalcon.io/
 
 LICENSE=	BSD3CLAUSE
 
 USES=		localbase php:build,ext
 USE_GITHUB=	yes
 GH_PROJECT=	c${PORTNAME}
 USE_PHP=	mbstring pdo:build session:build
 
 CONFIGURE_ARGS=	--enable-phalcon
 
 WRKSRC_SUBDIR=	build/phalcon
 
 .include <bsd.port.mk>
diff --git a/www/phalcon/distinfo b/www/phalcon/distinfo
index a562d9e6f044..8d7402070524 100644
--- a/www/phalcon/distinfo
+++ b/www/phalcon/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1692164973
-SHA256 (phalcon-cphalcon-v5.3.0_GH0.tar.gz) = 525f6dbc960070766d3af44751558edf62e1aea63e10a5986509e263ec08d43f
-SIZE (phalcon-cphalcon-v5.3.0_GH0.tar.gz) = 6127826
+TIMESTAMP = 1694582825
+SHA256 (phalcon-cphalcon-v5.3.1_GH0.tar.gz) = 10aac2463ddd517c15483d6c89d4ed8532e590c0f12e6b327c5706772b354cab
+SIZE (phalcon-cphalcon-v5.3.1_GH0.tar.gz) = 6130161