diff --git a/cmake/QtCreatorIDEBranding.cmake b/cmake/QtCreatorIDEBranding.cmake
index 7550b928634..1e10d7f0016 100644
--- a/cmake/QtCreatorIDEBranding.cmake
+++ b/cmake/QtCreatorIDEBranding.cmake
@@ -1,9 +1,9 @@
 #BINARY_ARTIFACTS_BRANCH = master
 #PROJECT_USER_FILE_EXTENSION = .user
 
-set(IDE_VERSION "4.12.0")                            # The IDE version.
+set(IDE_VERSION "4.12.1")                            # The IDE version.
 set(IDE_VERSION_COMPAT "4.12.0")                     # The IDE Compatibility version.
-set(IDE_VERSION_DISPLAY "4.12.0")                 # The IDE display version.
+set(IDE_VERSION_DISPLAY "4.12.1")                 # The IDE display version.
 set(IDE_COPYRIGHT_YEAR "2020")                        # The IDE current copyright year.
 
 set(IDE_SETTINGSVARIANT "QtProject")                  # The IDE settings variation.
diff --git a/qbs/modules/qtc/qtc.qbs b/qbs/modules/qtc/qtc.qbs
index 584a211d3a1..aa30add4a81 100644
--- a/qbs/modules/qtc/qtc.qbs
+++ b/qbs/modules/qtc/qtc.qbs
@@ -4,10 +4,10 @@ import qbs.FileInfo
 import "qtc.js" as HelperFunctions
 
 Module {
-    property string qtcreator_display_version: '4.12.0'
+    property string qtcreator_display_version: '4.12.1'
     property string ide_version_major: '4'
     property string ide_version_minor: '12'
-    property string ide_version_release: '0'
+    property string ide_version_release: '1'
     property string qtcreator_version: ide_version_major + '.' + ide_version_minor + '.'
                                        + ide_version_release
 
diff --git a/qtcreator_ide_branding.pri b/qtcreator_ide_branding.pri
index 19b31502f38..f9031c5982d 100644
--- a/qtcreator_ide_branding.pri
+++ b/qtcreator_ide_branding.pri
@@ -1,6 +1,6 @@
-QTCREATOR_VERSION = 4.12.0
+QTCREATOR_VERSION = 4.12.1
 QTCREATOR_COMPAT_VERSION = 4.12.0
-QTCREATOR_DISPLAY_VERSION = 4.12.0
+QTCREATOR_DISPLAY_VERSION = 4.12.1
 QTCREATOR_COPYRIGHT_YEAR = 2020
 BINARY_ARTIFACTS_BRANCH = 4.12