diff --git a/_service b/_service
index 3a3e5f2..706bd84 100644
--- a/_service
+++ b/_service
@@ -3,7 +3,7 @@
   <service name="obs_scm" mode="manual">
     <param name="url">https://gitlab.gnome.org/GNOME/libadwaita.git</param>
     <param name="scm">git</param>
-    <param name="revision">1.5.3</param>
+    <param name="revision">1.5.4</param>
     <param name="versionformat">@PARENT_TAG@+@TAG_OFFSET@</param>
     <param name="versionrewrite-pattern">(.*)\+0</param>
     <param name="versionrewrite-replacement">\1</param>
diff --git a/libadwaita-1.5.3.obscpio b/libadwaita-1.5.3.obscpio
deleted file mode 100644
index 48e2ccc..0000000
--- a/libadwaita-1.5.3.obscpio
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:9336f4b4b4601532c95b4474fc86c1144b27434c761f61a40df92a1d3126a5f7
-size 7944205
diff --git a/libadwaita-1.5.4.obscpio b/libadwaita-1.5.4.obscpio
new file mode 100644
index 0000000..7dbb659
--- /dev/null
+++ b/libadwaita-1.5.4.obscpio
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:e85318972d39f19abe841f1aba6906d302d2ad65db4b91bd8e20cee738916c11
+size 7951373
diff --git a/libadwaita.changes b/libadwaita.changes
index e78d85b..608068d 100644
--- a/libadwaita.changes
+++ b/libadwaita.changes
@@ -1,3 +1,15 @@
+-------------------------------------------------------------------
+Fri Sep 13 15:09:30 UTC 2024 - Bjørn Lie <bjorn.lie@gmail.com>
+
+- Update to version 1.5.4:
+  + AdwAboutDialog/Window: Support non-deprecated GPL-2/3.0-only
+    SPDX IDs
+  + AdwHeaderBar: Fix back button menu picking up phantom pages in
+    some situations
+  + AdwTabBar/Overview: Fix 2 crashes with drag-n-drop
+  + Stylesheet: Fix scroll undershoot in dropdowns and emoji picker
+  + Updated translations.
+
 -------------------------------------------------------------------
 Sun Aug 11 13:25:57 UTC 2024 - Bjørn Lie <bjorn.lie@gmail.com>
 
diff --git a/libadwaita.obsinfo b/libadwaita.obsinfo
index 28f14f4..db63fdb 100644
--- a/libadwaita.obsinfo
+++ b/libadwaita.obsinfo
@@ -1,4 +1,4 @@
 name: libadwaita
-version: 1.5.3
-mtime: 1722600856
-commit: 64e95fca6f39a143e68d2e2899f7330ee9bbd9c2
+version: 1.5.4
+mtime: 1726234945
+commit: 8c7b75cbbd564377406acaa4ee8aae27e0523ee5
diff --git a/libadwaita.spec b/libadwaita.spec
index f0f5486..705298b 100644
--- a/libadwaita.spec
+++ b/libadwaita.spec
@@ -17,7 +17,7 @@
 
 
 Name:           libadwaita
-Version:        1.5.3
+Version:        1.5.4
 Release:        0
 Summary:        Building blocks for modern GNOME applications
 License:        LGPL-2.1-or-later