diff --git a/lib/manager/pip_requirements/__snapshots__/extract.spec.ts.snap b/lib/manager/pip_requirements/__snapshots__/extract.spec.ts.snap
index a33d994db1ffbdd60b05f304ef91bfa5e361f60e..325dfdbde1116a8de9865fa308b88b1bb1e3b76f 100644
--- a/lib/manager/pip_requirements/__snapshots__/extract.spec.ts.snap
+++ b/lib/manager/pip_requirements/__snapshots__/extract.spec.ts.snap
@@ -115,7 +115,8 @@ Object {
       "depName": "celery",
     },
     Object {
-      "currentValue": " == 3.2.1",
+      "currentValue": "== 3.2.1",
+      "currentVersion": "3.2.1",
       "datasource": "pypi",
       "depName": "foo",
     },
@@ -161,7 +162,8 @@ Object {
       "depName": "celery",
     },
     Object {
-      "currentValue": " == 3.2.1",
+      "currentValue": "== 3.2.1",
+      "currentVersion": "3.2.1",
       "datasource": "pypi",
       "depName": "foo",
     },
@@ -207,7 +209,8 @@ Object {
       "depName": "celery",
     },
     Object {
-      "currentValue": " == 3.2.1",
+      "currentValue": "== 3.2.1",
+      "currentVersion": "3.2.1",
       "datasource": "pypi",
       "depName": "foo",
     },
@@ -237,6 +240,34 @@ Object {
 }
 `;
 
+exports[`manager/pip_requirements/extract extractPackageFile() handles extra spaces around pinned dependency equal signs 1`] = `
+Object {
+  "deps": Array [
+    Object {
+      "currentValue": "==2.0.12",
+      "currentVersion": "2.0.12",
+      "datasource": "pypi",
+      "depName": "Django",
+    },
+    Object {
+      "currentValue": "==4.1.1",
+      "currentVersion": "4.1.1",
+      "datasource": "pypi",
+      "depName": "celery",
+    },
+    Object {
+      "currentValue": "== 3.2.1",
+      "currentVersion": "3.2.1",
+      "datasource": "pypi",
+      "depName": "foo",
+    },
+  ],
+  "registryUrls": Array [
+    "https://artifactory.company.com/artifactory/api/pypi/python/simple",
+  ],
+}
+`;
+
 exports[`manager/pip_requirements/extract extractPackageFile() handles extras and complex index url 1`] = `
 Object {
   "deps": Array [
@@ -253,7 +284,8 @@ Object {
       "depName": "celery",
     },
     Object {
-      "currentValue": " == 3.2.1",
+      "currentValue": "== 3.2.1",
+      "currentVersion": "3.2.1",
       "datasource": "pypi",
       "depName": "foo",
     },
diff --git a/lib/manager/pip_requirements/extract.spec.ts b/lib/manager/pip_requirements/extract.spec.ts
index 259455bb1fa3d1c50700719769d238372006805e..4fba3ee3ea07ac3d1fbbc085d3a5e6e3a00e10ff 100644
--- a/lib/manager/pip_requirements/extract.spec.ts
+++ b/lib/manager/pip_requirements/extract.spec.ts
@@ -88,6 +88,20 @@ describe(getName(), () => {
       ]);
       expect(res.deps).toHaveLength(6);
     });
+
+    it('handles extra spaces around pinned dependency equal signs', () => {
+      const res = extractPackageFile(requirements4, 'unused_file_name', {});
+      expect(res).toMatchSnapshot();
+
+      expect(res.deps[0].currentValue).toStartWith('==');
+      expect(res.deps[0].currentVersion).toStartWith('2.0.12');
+      expect(res.deps[1].currentValue).toStartWith('==');
+      expect(res.deps[1].currentVersion).toStartWith('4.1.1');
+      expect(res.deps[2].currentValue).toStartWith('==');
+      expect(res.deps[2].currentVersion).toStartWith('3.2.1');
+
+      expect(res.deps).toHaveLength(3);
+    });
     it('should not replace env vars in low trust mode', () => {
       process.env.PIP_TEST_TOKEN = 'its-a-secret';
       const res = extractPackageFile(requirements7, 'unused_file_name', {});
diff --git a/lib/manager/pip_requirements/extract.ts b/lib/manager/pip_requirements/extract.ts
index 87fc491b410ce2d776a0e49b2dc0bab3192601f6..f5e357bbea95ec7775e8f11cf2bc545e6f4b0680 100644
--- a/lib/manager/pip_requirements/extract.ts
+++ b/lib/manager/pip_requirements/extract.ts
@@ -63,7 +63,8 @@ export function extractPackageFile(
       if (!matches) {
         return null;
       }
-      const [, depName, , currentValue] = matches;
+      const [, depName, , currVal] = matches;
+      const currentValue = currVal.trim();
       dep = {
         ...dep,
         depName,
@@ -71,7 +72,7 @@ export function extractPackageFile(
         datasource: datasourcePypi.id,
       };
       if (currentValue?.startsWith('==')) {
-        dep.currentVersion = currentValue.replace(/^==/, '');
+        dep.currentVersion = currentValue.replace(/^==\s*/, '');
       }
       return dep;
     })