diff --git a/tools/mkimage/Makefile b/tools/mkimage/Makefile
index 6d2cc5f7643..0a1712bc678 100644
--- a/tools/mkimage/Makefile
+++ b/tools/mkimage/Makefile
@@ -7,14 +7,14 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=mkimage
-PKG_VERSION:=2024.04
+PKG_VERSION:=2024.07
 
 PKG_SOURCE:=u-boot-$(PKG_VERSION).tar.bz2
 PKG_SOURCE_URL:= \
 	https://mirror.cyberbits.eu/u-boot \
 	https://ftp.denx.de/pub/u-boot \
 	ftp://ftp.denx.de/pub/u-boot
-PKG_HASH:=18a853fe39fad7ad03a90cc2d4275aeaed6da69735defac3492b80508843dd4a
+PKG_HASH:=f591da9ab90ef3d6b3d173766d0ddff90c4ed7330680897486117df390d83c8f
 
 HOST_BUILD_DIR:=$(BUILD_DIR_HOST)/u-boot-$(PKG_VERSION)