diff --git a/toolchain/nasm/Makefile b/toolchain/nasm/Makefile
index bdca35b7fc7..bcdb293790d 100644
--- a/toolchain/nasm/Makefile
+++ b/toolchain/nasm/Makefile
@@ -5,11 +5,11 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=nasm
-PKG_VERSION:=2.16.01
+PKG_VERSION:=2.16.03
 
 PKG_SOURCE_URL:=https://www.nasm.us/pub/nasm/releasebuilds/$(PKG_VERSION)/
-PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION).tar.xz
-PKG_HASH:=c77745f4802375efeee2ec5c0ad6b7f037ea9c87c92b149a9637ff099f162558
+PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION).tar.gz
+PKG_HASH:=5bc940dd8a4245686976a8f7e96ba9340a0915f2d5b88356874890e207bdb581
 PKG_CPE_ID:=cpe:/a:nasm:netwide_assembler
 
 HOST_BUILD_PARALLEL:=1