diff --git a/CMakeLists.txt b/CMakeLists.txt
index c4be7c3de..b1f56e7da 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -19,7 +19,7 @@ cmake_policy(SET CMP0091 NEW)
 cmake_policy(SET CMP0079 NEW)
 
 project(86Box
-    VERSION 3.1
+    VERSION 3.2
     DESCRIPTION "Emulator of x86-based systems"
     HOMEPAGE_URL "https://86box.net"
     LANGUAGES C CXX)
diff --git a/src/include_make/86box/version.h b/src/include_make/86box/version.h
index b2eb49aaf..9228c68e3 100644
--- a/src/include_make/86box/version.h
+++ b/src/include_make/86box/version.h
@@ -20,9 +20,9 @@
 #define EMU_NAME	"86Box"
 #define EMU_NAME_W	LSTR(EMU_NAME)
 
-#define EMU_VERSION	"3.1"
+#define EMU_VERSION	"3.2"
 #define EMU_VERSION_W	LSTR(EMU_VERSION)
-#define EMU_VERSION_EX	"3.01"
+#define EMU_VERSION_EX	"3.02"
 #define EMU_VERSION_MAJ	3
 #define EMU_VERSION_MIN	0
 #define EMU_VERSION_PATCH 0