diff --git a/toolchain/binutils/Makefile b/toolchain/binutils/Makefile
index 73c303ffb5..abfef7c7b8 100644
--- a/toolchain/binutils/Makefile
+++ b/toolchain/binutils/Makefile
@@ -11,10 +11,10 @@ PKG_VERSION:=$(call qstrip,$(CONFIG_BINUTILS_VERSION))
 BIN_VERSION:=$(PKG_VERSION)
 
 ifeq ($(findstring linaro, $(CONFIG_BINUTILS_VERSION)),linaro)
-  PKG_SOURCE_URL:=https://releases.linaro.org/13.12/components/toolchain/binutils-linaro/
-  PKG_REV:=2.24-2013.12
+  PKG_SOURCE_URL:=https://releases.linaro.org/14.09/components/toolchain/binutils-linaro/
+  PKG_REV:=2.24.0-2014.09
   PKG_SOURCE:=$(PKG_NAME)-linaro-$(PKG_REV).tar.xz
-  PKG_MD5SUM:=4f0fe947895a260b8386de63b09feb18
+  PKG_MD5SUM:=8f9b2b2e049d59b1b86ce9657802a353
   BINUTILS_DIR:=$(PKG_NAME)-linaro-$(PKG_REV)
   HOST_BUILD_DIR:=$(BUILD_DIR_TOOLCHAIN)/$(BINUTILS_DIR)
 else