diff --git a/srcpkgs/terraform/template b/srcpkgs/terraform/template
index 14fb8b368a9..d5d886a99ec 100644
--- a/srcpkgs/terraform/template
+++ b/srcpkgs/terraform/template
@@ -1,6 +1,6 @@
 # Template file for 'terraform'
 pkgname=terraform
-version=1.1.7
+version=1.2.1
 revision=1
 build_style=go
 go_import_path="github.com/hashicorp/$pkgname"
@@ -9,4 +9,4 @@ maintainer="Andrea Brancaleoni <abc@pompel.me>"
 license="MPL-2.0"
 homepage="https://www.terraform.io/"
 distfiles="https://$go_import_path/archive/v$version.tar.gz"
-checksum=7651b69a2196de4393195cef4a03171c83aa50581f1019bca3f17cf05db5335b
+checksum=d244277c3b8d10afa8d130cfd9db3570995a03a34052952de1ab2368fc25ab1c