diff --git a/upx.json b/upx.json
index 6126d7758d..401a5ac7b7 100644
--- a/upx.json
+++ b/upx.json
@@ -1,9 +1,9 @@
 {
     "homepage": "https://upx.github.io/",
-    "version": "3.93",
-    "url": "https://github.com/upx/upx/releases/download/v3.93/upx393w.zip",
-    "hash": "e1f21726740b466379c8109daaecb83b7ec7588b698aa958c977235aae50fe56",
-    "extract_dir": "upx393w",
+    "version": "3.94",
+    "url": "https://github.com/upx/upx/releases/download/v3.94/upx394w.zip",
+    "hash": "74308db1183436576d011bfcc3e7c99c836fb052de7b7eb0539026366453d6e8",
+    "extract_dir": "upx394w",
     "bin": "upx.exe",
     "license": "GPL2",
     "checkver": {