diff --git a/Formula/gtkwave.rb b/Formula/gtkwave.rb
index 0cbd634e67b..1408c63eb3a 100644
--- a/Formula/gtkwave.rb
+++ b/Formula/gtkwave.rb
@@ -2,8 +2,8 @@ require 'formula'
 
 class Gtkwave < Formula
   homepage 'http://gtkwave.sourceforge.net/'
-  url 'http://gtkwave.sourceforge.net/gtkwave-3.3.52.tar.gz'
-  sha1 'd86b6225f878f62130f6dd4b609c590aaf8f87dc'
+  url 'http://gtkwave.sourceforge.net/gtkwave-3.3.54.tar.gz'
+  sha1 '761ba7118c06c3dc0ed5be3a09f9c39d051e6794'
 
   depends_on 'pkg-config' => :build
   depends_on 'gtk+'