diff --git a/gvsbuild/projects/libjpeg_turbo.py b/gvsbuild/projects/libjpeg_turbo.py
index 7890dcc69..aa2a2398f 100644
--- a/gvsbuild/projects/libjpeg_turbo.py
+++ b/gvsbuild/projects/libjpeg_turbo.py
@@ -24,9 +24,9 @@ def __init__(self):
         Project.__init__(
             self,
             "libjpeg-turbo",
-            version="3.0.3",
+            version="3.0.4",
             archive_url="https://github.com/libjpeg-turbo/libjpeg-turbo/releases/download/{version}/libjpeg-turbo-{version}.tar.gz",
-            hash="343e789069fc7afbcdfe44dbba7dbbf45afa98a15150e079a38e60e44578865d",
+            hash="99130559e7d62e8d695f2c0eaeef912c5828d5b84a0537dcb24c9678c9d5b76b",
             dependencies=[
                 "cmake",
                 "ninja",