diff --git a/gnu/packages/emacs-xyz.scm b/gnu/packages/emacs-xyz.scm
index 704fbfbc6b..2dd0d38867 100644
--- a/gnu/packages/emacs-xyz.scm
+++ b/gnu/packages/emacs-xyz.scm
@@ -6008,7 +6008,7 @@ indentation guides in Emacs:
 (define-public emacs-elpy
   (package
     (name "emacs-elpy")
-    (version "1.28.0")
+    (version "1.31.0")
     (source (origin
               (method git-fetch)
               (uri (git-reference
@@ -6017,7 +6017,7 @@ indentation guides in Emacs:
               (file-name (git-file-name name version))
               (sha256
                (base32
-                "073bwxwjzcbmvpcz9q2xjwzx9x7hkvjni6fwvikh6yawzjp56jis"))))
+                "0bvmgqs3c80bhs9v5ymgadv7vk4iamha10y7rl09pixmjm4mzagk"))))
     (build-system emacs-build-system)
     (arguments
      `(#:include (cons* "^elpy/[^/]+\\.py$" "^snippets\\/" %default-include)