diff --git a/Formula/cake.rb b/Formula/cake.rb
index 57274df721..dcc7cb9a61 100644
--- a/Formula/cake.rb
+++ b/Formula/cake.rb
@@ -1,8 +1,8 @@
 class Cake < Formula
   desc "Cross platform build automation system with a C# DSL"
   homepage "https://cakebuild.net/"
-  url "https://github.com/cake-build/cake/releases/download/v0.32.0/Cake-bin-net461-v0.32.0.zip"
-  sha256 "2cc8ead783887dfc116624f3e5b36d2eb1a31c9328afa644235b69df80f8670a"
+  url "https://github.com/cake-build/cake/releases/download/v0.32.1/Cake-bin-net461-v0.32.1.zip"
+  sha256 "fa98c3e22876e30e13df2081c02b5d03686d59a8cea5d28f050de86e7b6f6233"
 
   bottle :unneeded