diff --git a/setup.py b/setup.py
index c4323061d..5d7bf8497 100644
--- a/setup.py
+++ b/setup.py
@@ -97,7 +97,7 @@
             'pep8-naming==0.13.3',
         ],
         'type': [
-            'mypy==1.1.1',
+            'mypy==1.2.0',
             'boto3-stubs[s3]==1.26.50',
             'django-stubs==1.16.0',
             'djangorestframework-stubs==1.10.0',