Index: devel/py-pydantic2/Makefile
===================================================================
--- devel/py-pydantic2/Makefile
+++ devel/py-pydantic2/Makefile
@@ -1,5 +1,5 @@
 PORTNAME=	pydantic
-PORTVERSION=	2.11.10
+PORTVERSION=	2.12.3
 CATEGORIES=	devel python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
@@ -16,9 +16,9 @@
 BUILD_DEPENDS=	${PYTHON_PKGNAMEPREFIX}hatch-fancy-pypi-readme>=22.5.0:devel/py-hatch-fancy-pypi-readme@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}hatchling>=0:devel/py-hatchling@${PY_FLAVOR}
 RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}annotated-types>=0.6.0:devel/py-annotated-types@${PY_FLAVOR} \
-		${PYTHON_PKGNAMEPREFIX}pydantic-core>=2.33.2<2.33.2_99:devel/py-pydantic-core@${PY_FLAVOR} \
-		${PYTHON_PKGNAMEPREFIX}typing-extensions>=4.12.2:devel/py-typing-extensions@${PY_FLAVOR} \
-		${PYTHON_PKGNAMEPREFIX}typing-inspection>=0.4.0:devel/py-typing-inspection@${PY_FLAVOR}
+		${PYTHON_PKGNAMEPREFIX}pydantic-core>=2.41.4:devel/py-pydantic-core@${PY_FLAVOR} \
+		${PYTHON_PKGNAMEPREFIX}typing-extensions>=4.14.1:devel/py-typing-extensions@${PY_FLAVOR} \
+		${PYTHON_PKGNAMEPREFIX}typing-inspection>=0.4.2:devel/py-typing-inspection@${PY_FLAVOR}
 
 USES=		python
 USE_PYTHON=	autoplist concurrent pep517
Index: devel/py-pydantic2/distinfo
===================================================================
--- devel/py-pydantic2/distinfo
+++ devel/py-pydantic2/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1759774631
-SHA256 (pydantic-2.11.10.tar.gz) = dc280f0982fbda6c38fada4e476dc0a4f3aeaf9c6ad4c28df68a666ec3c61423
-SIZE (pydantic-2.11.10.tar.gz) = 788494
+TIMESTAMP = 1761601671
+SHA256 (pydantic-2.12.3.tar.gz) = 1da1c82b0fc140bb0103bc1441ffe062154c8d38491189751ee00fd8ca65ce74
+SIZE (pydantic-2.12.3.tar.gz) = 819383