diff --git a/net/libyang2/Makefile b/net/libyang2/Makefile
index 17038b9177e9..83b65f396cef 100644
--- a/net/libyang2/Makefile
+++ b/net/libyang2/Makefile
@@ -1,29 +1,29 @@
 PORTNAME=	libyang
-PORTVERSION=	2.1.80
+PORTVERSION=	2.1.111
 DISTVERSIONPREFIX=	v
 CATEGORIES=	net
 PKGNAMESUFFIX=	2
 
 MAINTAINER=	olivier@FreeBSD.org
 COMMENT=	YANG data modeling language library, version 2
 WWW=		https://github.com/CESNET/libyang
 
 LICENSE=	BSD3CLAUSE
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 LIB_DEPENDS=	libpcre2-8.so:devel/pcre2
 TEST_DEPENDS=	cmocka>0:sysutils/cmocka
 
 USES=	cmake compiler:c++11-lang pkgconfig
 USE_LDCONFIG=	yes
 
 USE_GITHUB=	yes
 GH_ACCOUNT=	CESNET
 
 TEST_TARGET=	test
 
 OPTIONS_DEFINE=	TEST
 
 TEST_CMAKE_BOOL=	ENABLE_TESTS
 
 .include <bsd.port.mk>
diff --git a/net/libyang2/distinfo b/net/libyang2/distinfo
index 5e422d872cc0..ec0c265ab3c5 100644
--- a/net/libyang2/distinfo
+++ b/net/libyang2/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1686845486
-SHA256 (CESNET-libyang-v2.1.80_GH0.tar.gz) = fc4744839b64628939d291e5c4f3841f2a9aef38a465682703794341687a51c4
-SIZE (CESNET-libyang-v2.1.80_GH0.tar.gz) = 1207377
+TIMESTAMP = 1693421380
+SHA256 (CESNET-libyang-v2.1.111_GH0.tar.gz) = 3e52b922fcf371933ad7de1686ad83504e3358236e7817b5af795b0db52fa221
+SIZE (CESNET-libyang-v2.1.111_GH0.tar.gz) = 1259514
diff --git a/net/libyang2/pkg-plist b/net/libyang2/pkg-plist
index 83ffbda54162..d780015d8015 100644
--- a/net/libyang2/pkg-plist
+++ b/net/libyang2/pkg-plist
@@ -1,38 +1,38 @@
 bin/yanglint
 bin/yangre
 include/libyang/config.h
 include/libyang/context.h
 include/libyang/dict.h
 include/libyang/hash_table.h
 include/libyang/in.h
 include/libyang/libyang.h
 include/libyang/log.h
 include/libyang/metadata.h
 include/libyang/out.h
 include/libyang/parser_data.h
 include/libyang/parser_schema.h
 include/libyang/plugins.h
 include/libyang/plugins_exts.h
 include/libyang/plugins_types.h
 include/libyang/printer_data.h
 include/libyang/printer_schema.h
 include/libyang/set.h
 include/libyang/tree.h
 include/libyang/tree_data.h
 include/libyang/tree_edit.h
 include/libyang/tree_schema.h
 include/libyang/version.h
 lib/libyang.so
 lib/libyang.so.2
-lib/libyang.so.2.36.1
+lib/libyang.so.2.38.14
 libdata/pkgconfig/libyang.pc
 share/man/man1/yanglint.1.gz
 share/man/man1/yangre.1.gz
 share/yang/modules/libyang/ietf-datastores@2018-02-14.yang
 share/yang/modules/libyang/ietf-inet-types@2013-07-15.yang
 share/yang/modules/libyang/ietf-yang-library@2019-01-04.yang
 share/yang/modules/libyang/ietf-yang-metadata@2016-08-05.yang
 share/yang/modules/libyang/ietf-yang-schema-mount@2019-01-14.yang
 share/yang/modules/libyang/ietf-yang-structure-ext@2020-06-17.yang
 share/yang/modules/libyang/ietf-yang-types@2013-07-15.yang
 share/yang/modules/libyang/yang@2022-06-16.yang