diff --git a/CMakeLists.txt b/CMakeLists.txt
index 89e661fcb..f9e0a29f6 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -21,7 +21,7 @@ cmake_policy(SET CMP0079 NEW)
 set(CMAKE_MSVC_RUNTIME_LIBRARY "MultiThreaded$<$<CONFIG:Debug>:Debug>")
 
 project(86Box
-	VERSION 3.0
+	VERSION 3.1
 	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 b52c362f8..b2eb49aaf 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	"3.0"
+#define EMU_VERSION	"3.1"
 #define EMU_VERSION_W	LSTR(EMU_VERSION)
-#define EMU_VERSION_EX	"3.00"
+#define EMU_VERSION_EX	"3.01"
 #define EMU_VERSION_MAJ	3
 #define EMU_VERSION_MIN	0
 #define EMU_VERSION_PATCH 0