diff --git a/network/iperf3/iperf3.SlackBuild b/network/iperf3/iperf3.SlackBuild
index 12c06016e5..c1d2d993d9 100644
--- a/network/iperf3/iperf3.SlackBuild
+++ b/network/iperf3/iperf3.SlackBuild
@@ -26,8 +26,8 @@ cd $(dirname $0) ; CWD=$(pwd)
 
 PRGNAM=iperf3
 SRCNAM=iperf
-VERSION=${VERSION:-3.12}
-BUILD=${BUILD:-2}
+VERSION=${VERSION:-3.16}
+BUILD=${BUILD:-1}
 TAG=${TAG:-_SBo}
 PKGTYPE=${PKGTYPE:-tgz}
 
@@ -39,9 +39,6 @@ if [ -z "$ARCH" ]; then
   esac
 fi
 
-# If the variable PRINT_PACKAGE_NAME is set, then this script will report what
-# the name of the created package would be, and then exit. This information
-# could be useful to other scripts.
 if [ ! -z "${PRINT_PACKAGE_NAME}" ]; then
   echo "$PRGNAM-$VERSION-$ARCH-$BUILD$TAG.$PKGTYPE"
   exit 0
@@ -112,4 +109,3 @@ cat $CWD/slack-desc > $PKG/install/slack-desc
 
 cd $PKG
 /sbin/makepkg -l y -c n $OUTPUT/$PRGNAM-$VERSION-$ARCH-$BUILD$TAG.$PKGTYPE
-
diff --git a/network/iperf3/iperf3.info b/network/iperf3/iperf3.info
index aa9aaefc35..28b4422268 100644
--- a/network/iperf3/iperf3.info
+++ b/network/iperf3/iperf3.info
@@ -1,8 +1,8 @@
 PRGNAM="iperf3"
-VERSION="3.12"
+VERSION="3.16"
 HOMEPAGE="https://github.com/esnet/iperf"
-DOWNLOAD="https://github.com/esnet/iperf/archive/3.12/iperf-3.12.tar.gz"
-MD5SUM="a3b579b32845968c9c5235ac19f9ba17"
+DOWNLOAD="https://github.com/esnet/iperf/archive/3.16/iperf-3.16.tar.gz"
+MD5SUM="f084f221e829c5b9abee96c8f819de97"
 DOWNLOAD_x86_64=""
 MD5SUM_x86_64=""
 REQUIRES=""