diff --git a/CMakeLists.txt b/CMakeLists.txt
index 4741d4bcb..e87b5bb87 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -11,7 +11,7 @@ endif()
 list(INSERT CMAKE_MODULE_PATH 0 "${CMAKE_CURRENT_LIST_DIR}/cmake")
 
 set(MGARD_VERSION_MAJOR "1")
-set(MGARD_VERSION_MINOR "4")
+set(MGARD_VERSION_MINOR "5")
 set(MGARD_VERSION_PATCH "0")
 
 set(MGARD_FILE_VERSION_MAJOR "1")