diff --git a/devel/py-time-machine/Makefile b/devel/py-time-machine/Makefile
index b9b0de08eb64..65bf18f1f059 100644
--- a/devel/py-time-machine/Makefile
+++ b/devel/py-time-machine/Makefile
@@ -1,27 +1,36 @@
 PORTNAME=	time-machine
-DISTVERSION=	2.13.0
+# See XXX below
+DISTVERSION=	3.4.0
 PORTREVISION=	0
 CATEGORIES=	devel python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 DISTNAME=	${PORTNAME:S/-/_/1}-${PORTVERSION}
 
 MAINTAINER=	nivit@FreeBSD.org
 COMMENT=	Travel through time in your Python tests
 WWW=		https://github.com/adamchainz/time-machine
 
 LICENSE=	MIT
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 BUILD_DEPENDS=	${PY_SETUPTOOLS} \
 		${PYTHON_PKGNAMEPREFIX}wheel>=0.40.0:devel/py-wheel@${PY_FLAVOR}
 RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}python-dateutil>=2.8.2:devel/py-python-dateutil@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}six>=1.5:devel/py-six@${PY_FLAVOR}
 
 USES=		python
 USE_PYTHON=	autoplist pep517
 
+# XXX: remove this target if the version of devel/py-setuptools is >= 77
+post-patch:
+	${REINPLACE_CMD} \
+		-e '/^license-files/d' \
+		-e 's/^\(license = \)\("MIT"\)/\1{ text = \2 }/1' \
+		-e 's/\(setuptools>=\)77/\163/1' \
+		${WRKSRC}/pyproject.toml
+
 post-install:
 		${STRIP_CMD} ${STAGEDIR}${PYTHON_SITELIBDIR}/_time_machine${PYTHON_TAG}.so
 
 .include <bsd.port.mk>
diff --git a/devel/py-time-machine/distinfo b/devel/py-time-machine/distinfo
index c7c4d72509fc..3594f52701cd 100644
--- a/devel/py-time-machine/distinfo
+++ b/devel/py-time-machine/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1741812443
-SHA256 (time_machine-2.13.0.tar.gz) = c23b2408e3adcedec84ea1131e238f0124a5bc0e491f60d1137ad7239b37c01a
-SIZE (time_machine-2.13.0.tar.gz) = 24606
+TIMESTAMP = 1787517880
+SHA256 (time_machine-3.4.0.tar.gz) = f1c2d8c581f4be50e2f4ff3afd753f8157d52816560de284db716c2b6e9949a8
+SIZE (time_machine-3.4.0.tar.gz) = 21106