diff --git a/pkg/version/dev.go b/pkg/version/dev.go
index 8aee3e6045..aec416661e 100644
--- a/pkg/version/dev.go
+++ b/pkg/version/dev.go
@@ -2,7 +2,7 @@
 
 package version
 
-const Version = "v1.31.4-159c972d-dev"
+const Version = "v1.32.0-4358b123-dev"
 
-const VersionGitRef = "159c972d"
+const VersionGitRef = "4358b123"
 
diff --git a/pkg/version/version.go b/pkg/version/version.go
index ab44c76f5d..c18a77eb20 100644
--- a/pkg/version/version.go
+++ b/pkg/version/version.go
@@ -2,7 +2,7 @@
 
 package version
 
-const Version = "v1.31.4-159c972d"
+const Version = "v1.32.0-4358b123"
 
-const VersionGitRef = "159c972d"
+const VersionGitRef = "4358b123"