diff --git a/.qmake.conf b/.qmake.conf
index 3bc413023..0a681cb0a 100644
--- a/.qmake.conf
+++ b/.qmake.conf
@@ -1 +1 @@
-MODULE_VERSION = 3.1.0
+MODULE_VERSION = 3.2.0
diff --git a/CHANGES b/CHANGES
index dc66c4a11..c05b93986 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,7 +1,7 @@
 Release Highlights
 ==================
 
-Version 3.1.1 (unreleased)
+Version 3.2.0 (unreleased)
 --------------------------
  *
 
diff --git a/CMakeLists.txt b/CMakeLists.txt
index 4ed39e8e7..9874cd3d6 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -81,7 +81,7 @@ cmake_minimum_required(VERSION 3.16.0)
 
 project(
     GammaRay
-    VERSION 3.1.1
+    VERSION 3.2.0
     LANGUAGES CXX C
 )
 
@@ -193,8 +193,8 @@ set(GAMMARAY_VERSION_MINOR ${PROJECT_VERSION_MINOR})
 set(GAMMARAY_VERSION_PATCH ${PROJECT_VERSION_PATCH})
 set(GAMMARAY_VERSION ${PROJECT_VERSION})
 set(GAMMARAY_VERSION_STRING "${GAMMARAY_VERSION}")
-set(GAMMARAY_SOVERSION "3.1.0")
-set(GAMMARAY_PLUGIN_VERSION "3.1")
+set(GAMMARAY_SOVERSION "3.2.0")
+set(GAMMARAY_PLUGIN_VERSION "3.2")
 set(PROJECT_VERSION_STRING "${GAMMARAY_VERSION_STRING}")
 if(ANDROID)
     # non-rooted Android doesn't like .so versions and requires the lib prefix
diff --git a/conan/GammaRay/conanfile.py b/conan/GammaRay/conanfile.py
index 6220e4ff2..91fa33a61 100644
--- a/conan/GammaRay/conanfile.py
+++ b/conan/GammaRay/conanfile.py
@@ -12,7 +12,7 @@
 
 class GammaRayConan(ConanFile):
     name = "GammaRay"
-    version = "3.1.0"
+    version = "3.2.0"
     license = "https://raw.githubusercontent.com/KDAB/GammaRay/{0}/LICENSE.txt".format(version)
     author = "Klaralvdalens Datakonsult AB (KDAB) info@kdab.com"
     url = "https://github.com/KDAB/GammaRay.git"