diff --git a/pkgs/development/python-modules/setuptools/default.nix b/pkgs/development/python-modules/setuptools/default.nix
index b185be62a693..5535a80fd4a9 100644
--- a/pkgs/development/python-modules/setuptools/default.nix
+++ b/pkgs/development/python-modules/setuptools/default.nix
@@ -8,13 +8,13 @@
 # Should use buildPythonPackage here somehow
 stdenv.mkDerivation rec {
   pname = "setuptools";
-  version = "38.2.5";
+  version = "38.4.0";
   name = "${python.libPrefix}-${pname}-${version}";
 
   src = fetchPypi {
     inherit pname version;
     extension = "zip";
-    sha256 = "b080f276cc868670540b2c03cee06cc14d2faf9da7bec0f15058d1b402c94507";
+    sha256 = "6501fc32f505ec5b3ed36ec65ba48f1b975f52cf2ea101c7b73a08583fd12f75";
   };
 
   buildInputs = [ python wrapPython unzip ];