diff --git a/CMakeLists.txt b/CMakeLists.txt
index df566bf6..19af03f6 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -9,7 +9,7 @@ list(APPEND CMAKE_MODULE_PATH "${CMAKE_CURRENT_LIST_DIR}/cmake")
 # See docs/release_checklist.md
 set(MAJOR_VERSION 3)
 set(MINOR_VERSION 2)
-set(MICRO_VERSION 2)
+set(MICRO_VERSION 3)
 set(SDL_REQUIRED_VERSION 3.2.6)
 
 project(SDL3_image
diff --git a/Xcode/Info-Framework.plist b/Xcode/Info-Framework.plist
index e447b87e..d44ec087 100644
--- a/Xcode/Info-Framework.plist
+++ b/Xcode/Info-Framework.plist
@@ -15,8 +15,8 @@
 	<key>CFBundlePackageType</key>
 	<string>FMWK</string>
 	<key>CFBundleShortVersionString</key>
-	<string>3.2.2</string>
+	<string>3.2.3</string>
 	<key>CFBundleVersion</key>
-	<string>3.2.2</string>
+	<string>3.2.3</string>
 </dict>
 </plist>
diff --git a/Xcode/SDL_image.xcodeproj/project.pbxproj b/Xcode/SDL_image.xcodeproj/project.pbxproj
index f15f7d47..095216c2 100644
--- a/Xcode/SDL_image.xcodeproj/project.pbxproj
+++ b/Xcode/SDL_image.xcodeproj/project.pbxproj
@@ -605,7 +605,7 @@
 				ALLOW_TARGET_PLATFORM_SPECIALIZATION = YES;
 				COPY_PHASE_STRIP = NO;
 				DYLIB_COMPATIBILITY_VERSION = 201.0.0;
-				DYLIB_CURRENT_VERSION = 201.2.0;
+				DYLIB_CURRENT_VERSION = 201.3.0;
 				DYLIB_INSTALL_NAME_BASE = "@rpath";
 				ENABLE_TESTABILITY = YES;
 				"FRAMEWORK_SEARCH_PATHS[sdk=appletv*]" = "\"$(PROJECT_DIR)/iOS\"";
@@ -647,7 +647,7 @@
 					"@loader_path/Frameworks",
 				);
 				MACOSX_DEPLOYMENT_TARGET = 10.13;
-				MARKETING_VERSION = 3.2.2;
+				MARKETING_VERSION = 3.2.3;
 				ONLY_ACTIVE_ARCH = YES;
 				PRODUCT_BUNDLE_IDENTIFIER = "org.libsdl.SDL3-image";
 				PRODUCT_NAME = SDL3_image;
@@ -671,7 +671,7 @@
 				ALLOW_TARGET_PLATFORM_SPECIALIZATION = YES;
 				DEPLOYMENT_POSTPROCESSING = YES;
 				DYLIB_COMPATIBILITY_VERSION = 201.0.0;
-				DYLIB_CURRENT_VERSION = 201.2.0;
+				DYLIB_CURRENT_VERSION = 201.3.0;
 				DYLIB_INSTALL_NAME_BASE = "@rpath";
 				"FRAMEWORK_SEARCH_PATHS[sdk=appletv*]" = "\"$(PROJECT_DIR)/iOS\"";
 				"FRAMEWORK_SEARCH_PATHS[sdk=iphone*]" = "\"$(PROJECT_DIR)/iOS\"";
@@ -712,7 +712,7 @@
 					"@loader_path/Frameworks",
 				);
 				MACOSX_DEPLOYMENT_TARGET = 10.13;
-				MARKETING_VERSION = 3.2.2;
+				MARKETING_VERSION = 3.2.3;
 				PRODUCT_BUNDLE_IDENTIFIER = "org.libsdl.SDL3-image";
 				PRODUCT_NAME = SDL3_image;
 				SUPPORTED_PLATFORMS = "watchsimulator watchos macosx iphonesimulator iphoneos driverkit appletvsimulator appletvos";
diff --git a/include/SDL3_image/SDL_image.h b/include/SDL3_image/SDL_image.h
index c029d9d4..b5721f7b 100644
--- a/include/SDL3_image/SDL_image.h
+++ b/include/SDL3_image/SDL_image.h
@@ -45,7 +45,7 @@ extern "C" {
  */
 #define SDL_IMAGE_MAJOR_VERSION 3
 #define SDL_IMAGE_MINOR_VERSION 2
-#define SDL_IMAGE_MICRO_VERSION 2
+#define SDL_IMAGE_MICRO_VERSION 3
 
 /**
  * This is the version number macro for the current SDL_image version.
diff --git a/src/version.rc b/src/version.rc
index c164fe75..ba8db3da 100644
--- a/src/version.rc
+++ b/src/version.rc
@@ -9,8 +9,8 @@ LANGUAGE LANG_ENGLISH, SUBLANG_ENGLISH_US
 //
 
 VS_VERSION_INFO VERSIONINFO
- FILEVERSION 3,2,2,0
- PRODUCTVERSION 3,2,2,0
+ FILEVERSION 3,2,3,0
+ PRODUCTVERSION 3,2,3,0
  FILEFLAGSMASK 0x3fL
  FILEFLAGS 0x0L
  FILEOS 0x40004L
@@ -23,12 +23,12 @@ BEGIN
         BEGIN
             VALUE "CompanyName", "\0"
             VALUE "FileDescription", "SDL_image\0"
-            VALUE "FileVersion", "3, 2, 2, 0\0"
+            VALUE "FileVersion", "3, 2, 3, 0\0"
             VALUE "InternalName", "SDL_image\0"
             VALUE "LegalCopyright", "Copyright (C) 2025 Sam Lantinga\0"
             VALUE "OriginalFilename", "SDL3_image.dll\0"
             VALUE "ProductName", "Simple DirectMedia Layer\0"
-            VALUE "ProductVersion", "3, 2, 2, 0\0"
+            VALUE "ProductVersion", "3, 2, 3, 0\0"
         END
     END
     BLOCK "VarFileInfo"