diff --git a/package/libuv/libuv.hash b/package/libuv/libuv.hash
index 2ca8f64a80..a2bb65b9ae 100644
--- a/package/libuv/libuv.hash
+++ b/package/libuv/libuv.hash
@@ -1,4 +1,4 @@
 # Locally calculated
-sha256  c593139feb9061699fdd2f7fde47bb6c1ca77761ae9ec04f052083f1ef46c13b  libuv-v1.48.0-dist.tar.gz
+sha256  2e910e668e5daf1be6a5195a696985d7200adfa5c4d3400ee7b3355affdcf52c  libuv-v1.49.2-dist.tar.gz
 sha256  16de0c32b265cb7d46a6d3bd614f259dd4d693a5e26b3407b04aae8d73041f0c  LICENSE
 sha256  262c44bd2cdba037e6d2a82fba15f5800d292bc993a6f5d6b6ea487744d02836  LICENSE-extra
diff --git a/package/libuv/libuv.mk b/package/libuv/libuv.mk
index 5f96e98a98..36a5b89fa7 100644
--- a/package/libuv/libuv.mk
+++ b/package/libuv/libuv.mk
@@ -6,7 +6,7 @@
 
 # When bumping libuv, check if a new version of uvw is available
 # and bump it too.
-LIBUV_VERSION = 1.48.0
+LIBUV_VERSION = 1.49.2
 LIBUV_SOURCE = libuv-v$(LIBUV_VERSION)-dist.tar.gz
 LIBUV_SITE = https://dist.libuv.org/dist/v$(LIBUV_VERSION)
 LIBUV_DEPENDENCIES = host-pkgconf