diff --git a/devel/py-isort/Makefile b/devel/py-isort/Makefile
index 09d1d461a459..9da3c8c29f0d 100644
--- a/devel/py-isort/Makefile
+++ b/devel/py-isort/Makefile
@@ -1,24 +1,24 @@
 PORTNAME=	isort
-PORTVERSION=	5.11.4
+PORTVERSION=	5.12.0
 CATEGORIES=	devel python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	sunpoet@FreeBSD.org
 COMMENT=	Python utility/library to sort Python imports
 WWW=		https://github.com/PyCQA/isort
 
 LICENSE=	MIT
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 USES=		python:3.7+
 USE_PYTHON=	autoplist concurrent distutils
 
 NO_ARCH=	yes
 
 OPTIONS_DEFINE=	COLORS
 COLORS_DESC=	Color output support
 
-COLORS_RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}colorama>=0.4.3<0.5.0:devel/py-colorama@${PY_FLAVOR}
+COLORS_RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}colorama>=0.4.3:devel/py-colorama@${PY_FLAVOR}
 
 .include <bsd.port.mk>
diff --git a/devel/py-isort/distinfo b/devel/py-isort/distinfo
index 10febb21621e..f288969d5134 100644
--- a/devel/py-isort/distinfo
+++ b/devel/py-isort/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1674589808
-SHA256 (isort-5.11.4.tar.gz) = 6db30c5ded9815d813932c04c2f85a360bcdd35fed496f4d8f35495ef0a261b6
-SIZE (isort-5.11.4.tar.gz) = 187150
+TIMESTAMP = 1675191017
+SHA256 (isort-5.12.0.tar.gz) = 8bef7dde241278824a6d83f44a544709b065191b95b6e50894bdc722fcba0504
+SIZE (isort-5.12.0.tar.gz) = 174643