diff --git a/package/ipset/ipset.hash b/package/ipset/ipset.hash
index 25c0e69fe3..9c95ca420f 100644
--- a/package/ipset/ipset.hash
+++ b/package/ipset/ipset.hash
@@ -1,6 +1,6 @@
-# From http://ipset.netfilter.org/ipset-7.4.tar.bz2.md5sum.txt
-md5 f9dda6f2fc3bb941e0ca3a6c292baf2c  ipset-7.4.tar.bz2
+# From http://ipset.netfilter.org/ipset-7.5.tar.bz2.md5sum.txt
+md5 1f3156c68f6fa6de03d8f3ca0539fb78  ipset-7.5.tar.bz2
 # Calculated based on the hash above
-sha256 4a974176e57fe4b7e2984abb231c4a18af2291bdc41536ef64e4b8ec4d4a1884  ipset-7.4.tar.bz2
+sha256 a57aee54ab6ffe9e04603a464bbf69d66db976500bb04dd04fd3fbd6efb36a0b  ipset-7.5.tar.bz2
 # Locally calculated
 sha256 231f7edcc7352d7734a96eef0b8030f77982678c516876fcb81e25b32d68564c  COPYING
diff --git a/package/ipset/ipset.mk b/package/ipset/ipset.mk
index ab3fb85fe6..383e90af38 100644
--- a/package/ipset/ipset.mk
+++ b/package/ipset/ipset.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-IPSET_VERSION = 7.4
+IPSET_VERSION = 7.5
 IPSET_SOURCE = ipset-$(IPSET_VERSION).tar.bz2
 IPSET_SITE = http://ipset.netfilter.org
 IPSET_DEPENDENCIES = libmnl host-pkgconf