diff --git a/cmake/QtCreatorIDEBranding.cmake b/cmake/QtCreatorIDEBranding.cmake
index 33abd0e3f56..17ad5c2acae 100644
--- a/cmake/QtCreatorIDEBranding.cmake
+++ b/cmake/QtCreatorIDEBranding.cmake
@@ -1,6 +1,6 @@
-set(IDE_VERSION "12.0.1")                             # The IDE version.
+set(IDE_VERSION "12.0.2")                             # The IDE version.
 set(IDE_VERSION_COMPAT "12.0.0")                      # The IDE Compatibility version.
-set(IDE_VERSION_DISPLAY "12.0.1")                     # The IDE display version.
+set(IDE_VERSION_DISPLAY "12.0.2")                     # The IDE display version.
 set(IDE_COPYRIGHT_YEAR "2023")                        # 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 6007489259e..79a55ad8456 100644
--- a/qbs/modules/qtc/qtc.qbs
+++ b/qbs/modules/qtc/qtc.qbs
@@ -7,7 +7,7 @@ Module {
     property string qtcreator_display_version: '12.0.1'
     property string ide_version_major: '12'
     property string ide_version_minor: '0'
-    property string ide_version_release: '1'
+    property string ide_version_release: '2'
     property string qtcreator_version: ide_version_major + '.' + ide_version_minor + '.'
                                        + ide_version_release