diff --git a/packages/libw/libwebp/.files b/packages/libw/libwebp/.files
index 927be9ba585..4cd12628e12 100644
Binary files a/packages/libw/libwebp/.files and b/packages/libw/libwebp/.files differ
diff --git a/packages/libw/libwebp/.rev b/packages/libw/libwebp/.rev
index 3fc3e0687a9..ec8bae4aa70 100644
--- a/packages/libw/libwebp/.rev
+++ b/packages/libw/libwebp/.rev
@@ -290,4 +290,12 @@ required for http://www.unvanquished.net/wiki/index.php/Compiling_the_source#ope
     <comment></comment>
     <requestid>990781</requestid>
   </revision>
+  <revision rev="33" vrev="1">
+    <srcmd5>c008b34ed229bee3f04b471e832d88d9</srcmd5>
+    <version>1.2.4</version>
+    <time>1660051565</time>
+    <user>dimstar_suse</user>
+    <comment></comment>
+    <requestid>993806</requestid>
+  </revision>
 </revisionlist>
diff --git a/packages/libw/libwebp/libwebp-1.2.3.tar.gz b/packages/libw/libwebp/libwebp-1.2.3.tar.gz
deleted file mode 120000
index 3a5c62ef482..00000000000
--- a/packages/libw/libwebp/libwebp-1.2.3.tar.gz
+++ /dev/null
@@ -1 +0,0 @@
-/ipfs/bafybeidno5mjklvjc4n6p5sdpvyd5agklkrktbkk3vev2rlf2tecp6g3dy
\ No newline at end of file
diff --git a/packages/libw/libwebp/libwebp-1.2.3.tar.gz.asc b/packages/libw/libwebp/libwebp-1.2.3.tar.gz.asc
deleted file mode 100644
index 29fb660d3a1..00000000000
--- a/packages/libw/libwebp/libwebp-1.2.3.tar.gz.asc
+++ /dev/null
@@ -1,16 +0,0 @@
------BEGIN PGP SIGNATURE-----
-
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-=c4jF
------END PGP SIGNATURE-----
diff --git a/packages/libw/libwebp/libwebp-1.2.4.tar.gz b/packages/libw/libwebp/libwebp-1.2.4.tar.gz
new file mode 120000
index 00000000000..b5855b60336
--- /dev/null
+++ b/packages/libw/libwebp/libwebp-1.2.4.tar.gz
@@ -0,0 +1 @@
+/ipfs/bafybeiaqtv2nn7nq4dci62jpajmf4ljzmhdh3uyxcybwocu6jv4hdd2rsa
\ No newline at end of file
diff --git a/packages/libw/libwebp/libwebp-1.2.4.tar.gz.asc b/packages/libw/libwebp/libwebp-1.2.4.tar.gz.asc
new file mode 100644
index 00000000000..707859b9d00
--- /dev/null
+++ b/packages/libw/libwebp/libwebp-1.2.4.tar.gz.asc
@@ -0,0 +1,16 @@
+-----BEGIN PGP SIGNATURE-----
+
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+-----END PGP SIGNATURE-----
diff --git a/packages/libw/libwebp/libwebp.changes b/packages/libw/libwebp/libwebp.changes
index 55ce5c3644a..6b75559d4bb 100644
--- a/packages/libw/libwebp/libwebp.changes
+++ b/packages/libw/libwebp/libwebp.changes
@@ -1,3 +1,12 @@
+-------------------------------------------------------------------
+Sun Aug  7 19:53:47 UTC 2022 - Dirk Müller <dmueller@suse.com>
+
+- update to 1.2.4:
+  This is a binary compatible release.
+  * restore CMake libwebpmux target name for compatibility with 1.2.2 (#575)
+  * fix lossless crunch mode encoding with WEBP_REDUCE_SIZE
+    (chromium: #1345547, #1345595, #1345772, #1345804)
+ 
 -------------------------------------------------------------------
 Fri Jul 22 21:56:30 UTC 2022 - Dirk Müller <dmueller@suse.com>
 
diff --git a/packages/libw/libwebp/libwebp.spec b/packages/libw/libwebp/libwebp.spec
index 78b0f9d1898..3217de028d8 100644
--- a/packages/libw/libwebp/libwebp.spec
+++ b/packages/libw/libwebp/libwebp.spec
@@ -17,7 +17,7 @@
 
 
 Name:           libwebp
-Version:        1.2.3
+Version:        1.2.4
 Release:        0
 Summary:        Library and tools for the WebP graphics format
 License:        BSD-3-Clause