diff --git a/dev-python/propcache/Manifest b/dev-python/propcache/Manifest
index 5552abe176b2d..6738faf61d32e 100644
--- a/dev-python/propcache/Manifest
+++ b/dev-python/propcache/Manifest
@@ -1,2 +1,4 @@
 DIST propcache-0.5.2.tar.gz 50208 BLAKE2B 53b0a36724277bbe1b08e4fe9b6bf7b32933fbb52b5c4fa3477b3fba1d021875f9311cb4abc020989a40c3482707b0e9e3b40669b9d219334b10b0303dfbfbe9 SHA512 7d720b55a54a3dc35a13c27c8b2821e5dc8ccabae1c004c4049df6a4d914c7f5247cac4efb8a6e0cc95cb9cf62119c27febfeaaaa900343f19ee8c8cef92e15f
 DIST propcache-0.5.2.tar.gz.provenance 9321 BLAKE2B 4a48da3e3c88f767ef481373c560fc6d0895987422a43a4a9cd09d27a70c254d2b05fe19876c03f72d094770965992d1df0d8b066cbb9cd15f3eb4ee867dfc33 SHA512 ef3796ac1f4b65bfec89d1d9944870dfdead6f932671eb0725d6bf0ba1e19a8a8d50dd9e1b73c02d97b64d19af314e782dfda52a131c9851bb506f4a2a3cd08e
+DIST propcache-0.5.4.tar.gz 61545 BLAKE2B e6aa31867cc04cedeaaaa597934cf2e8cc9362fe7f7f05059dbc50e87865091c1083d89e76023e7537c77fdb91759db06a4292958a74d58c5e16eb07b90b0bc9 SHA512 90cc06be430dd305e30c1931bf5504ea811169badd19e54a7cc92a721c9d353419d649c5eab5eba59f035e557cbb451087974bec5af752ec16590430061c0d43
+DIST propcache-0.5.4.tar.gz.provenance 9535 BLAKE2B 713d4b82f4789afab22772fdef3713913f230a5cbd50f53ba291858a8f5c1c4f987b0fbe0f02c0d77e6b013dcf75f64edb34bb748c465f55798a7c1a034b6f9c SHA512 75f71a1065560d6ef17654f5a27ceb2d387bddacda4374ed8d6106c83dd8131959550502344579a8bfef4ce7cce27cdb01e997e91edc330d1cddf501f49a4548
diff --git a/dev-python/propcache/propcache-0.5.4.ebuild b/dev-python/propcache/propcache-0.5.4.ebuild
new file mode 100644
index 0000000000000..75e13efd388a5
--- /dev/null
+++ b/dev-python/propcache/propcache-0.5.4.ebuild
@@ -0,0 +1,55 @@
+# Copyright 1999-2026 Gentoo Authors
+# Distributed under the terms of the GNU General Public License v2
+
+EAPI=8
+
+DISTUTILS_EXT=1
+DISTUTILS_USE_PEP517=standalone
+PYPI_VERIFY_REPO=https://github.com/aio-libs/propcache
+PYTHON_COMPAT=( python3_{12..15} python3_{14..15}t )
+
+inherit distutils-r1 pypi
+
+DESCRIPTION="Accelerated property cache"
+HOMEPAGE="
+	https://github.com/aio-libs/propcache/
+	https://pypi.org/project/propcache/
+"
+
+LICENSE="Apache-2.0"
+SLOT="0"
+KEYWORDS="~alpha ~amd64 ~arm ~arm64 ~hppa ~loong ~mips ~ppc ~ppc64 ~riscv ~s390 ~sparc ~x86"
+IUSE="+native-extensions"
+
+BDEPEND="
+	native-extensions? (
+		dev-python/cython[${PYTHON_USEDEP}]
+	)
+	dev-python/expandvars[${PYTHON_USEDEP}]
+	dev-python/setuptools[${PYTHON_USEDEP}]
+"
+
+EPYTEST_PLUGINS=()
+distutils_enable_tests pytest
+
+python_compile() {
+	local -x PROPCACHE_NO_EXTENSIONS=0
+	if ! use native-extensions || [[ ${EPYTHON} != python* ]]; then
+		PROPCACHE_NO_EXTENSIONS=1
+	fi
+	distutils-r1_python_compile
+}
+
+python_test() {
+	local EPYTEST_IGNORE=(
+		tests/test_benchmarks.py
+	)
+
+	local opts=()
+	if ! use native-extensions || [[ ${EPYTHON} != python* ]]; then
+		opts+=( --no-c-extensions )
+	fi
+
+	rm -rf propcache || die
+	epytest -o addopts= "${opts[@]}"
+}