diff --git a/graphics/libplacebo/Makefile b/graphics/libplacebo/Makefile
index 387897838764..b49a2f10dd59 100644
--- a/graphics/libplacebo/Makefile
+++ b/graphics/libplacebo/Makefile
@@ -1,57 +1,57 @@
 PORTNAME=	libplacebo
 DISTVERSIONPREFIX=	v
-DISTVERSION=	3.120.1
+DISTVERSION=	3.120.2
 CATEGORIES=	graphics
 
 MAINTAINER=	jbeich@FreeBSD.org
 COMMENT=	Reusable library for GPU-accelerated video/image rendering
 
 LICENSE=	LGPL21+
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 USES=		compiler:c11 localbase:ldflags meson pkgconfig python:3.6+,build
 USE_GITHUB=	yes
 USE_LDCONFIG=	yes
 GH_ACCOUNT=	haasn
 MESON_ARGS=	-Ddemos=false
 
 OPTIONS_DEFINE=	LCMS2 OPENGL TEST VULKAN
 OPTIONS_DEFAULT=LCMS2 OPENGL SHADERC
 OPTIONS_SINGLE=	VULKAN
 OPTIONS_SINGLE_VULKAN=	GLSLANG SHADERC
 OPTIONS_SUB=	yes
 
 GLSLANG_DESC=		glslang SPIR-V compiler
 GLSLANG_BUILD_DEPENDS=	glslang>0:graphics/glslang
 GLSLANG_MESON_ENABLED=	glslang
 GLSLANG_IMPLIES=	VULKAN
 
 LCMS2_LIB_DEPENDS=	liblcms2.so:graphics/lcms2
 LCMS2_MESON_ENABLED=		lcms
 
 OPENGL_LIB_DEPENDS=	libepoxy.so:graphics/libepoxy
 OPENGL_MESON_ENABLED=	opengl
 
 SHADERC_DESC=		libshaderc SPIR-V compiler
 SHADERC_LIB_DEPENDS=	libshaderc_shared.so:graphics/shaderc
 SHADERC_MESON_ENABLED=	shaderc
 SHADERC_IMPLIES=	VULKAN
 
 TEST_MESON_TRUE=	tests
 
 VULKAN_DESC=		Vulkan-based renderer
 VULKAN_BUILD_DEPENDS=	${LOCALBASE}/include/vulkan/vulkan.h:graphics/vulkan-headers \
 			${PYTHON_PKGNAMEPREFIX}mako>0:textproc/py-mako@${PY_FLAVOR}
 VULKAN_LIB_DEPENDS=	libvulkan.so:graphics/vulkan-loader
 VULKAN_MESON_ENABLED=	vulkan
 
 post-patch:
 	@${REINPLACE_CMD} -e 's,/usr/share,${PREFIX}/share,' \
 		${WRKSRC}/src/vulkan/utils_gen.py
 # Extract (snapshot) version from port version instead of meson.build
 	@${REINPLACE_CMD} "s/version_pretty/'${DISTVERSIONFULL}'/" \
 		${WRKSRC}/src/meson.build
 
 pre-install-TEST-on:	do-test
 
 .include <bsd.port.mk>
diff --git a/graphics/libplacebo/distinfo b/graphics/libplacebo/distinfo
index f7579900ed7e..0ee5744b640e 100644
--- a/graphics/libplacebo/distinfo
+++ b/graphics/libplacebo/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1617691664
-SHA256 (haasn-libplacebo-v3.120.1_GH0.tar.gz) = 83c785a46037e32daa8606cd147d7c9eb13ae27067abeca7673fa68741adf93c
-SIZE (haasn-libplacebo-v3.120.1_GH0.tar.gz) = 522779
+TIMESTAMP = 1618820066
+SHA256 (haasn-libplacebo-v3.120.2_GH0.tar.gz) = 2105d431c2d1c8dbe3b51895364836086cc5edbcc3c195e8944c4b362484244d
+SIZE (haasn-libplacebo-v3.120.2_GH0.tar.gz) = 523646