diff --git a/qtcreator.pri b/qtcreator.pri
index a9dd72f8b33..795ee8a4cc9 100644
--- a/qtcreator.pri
+++ b/qtcreator.pri
@@ -1,7 +1,7 @@
 !isEmpty(QTCREATOR_PRI_INCLUDED):error("qtcreator.pri already included")
 QTCREATOR_PRI_INCLUDED = 1
 
-QTCREATOR_VERSION = 3.2.0
+QTCREATOR_VERSION = 3.2.1
 QTCREATOR_COMPAT_VERSION = 3.2.0
 BINARY_ARTIFACTS_BRANCH = 3.2
 
diff --git a/qtcreator.qbs b/qtcreator.qbs
index efdf665efd3..f5f7fac683a 100644
--- a/qtcreator.qbs
+++ b/qtcreator.qbs
@@ -5,7 +5,7 @@ Project {
     property bool withAutotests: qbs.buildVariant === "debug"
     property string ide_version_major: '3'
     property string ide_version_minor: '2'
-    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
     property string ide_compat_version_major: '3'
     property string ide_compat_version_minor: '2'