diff --git a/CMakeLists.txt b/CMakeLists.txt
index 4869e0a1840..034a149a87a 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -63,7 +63,7 @@ endif()
 # - npm/package.json
 # - hermes.podspec
 project(Hermes
-        VERSION 0.5.0
+        VERSION 0.6.0
         LANGUAGES C CXX)
 # Optional suffix like "-rc3"
 set(VERSION_SUFFIX "")
diff --git a/android/build.gradle b/android/build.gradle
index 0300f7024b6..1b32c8705fb 100644
--- a/android/build.gradle
+++ b/android/build.gradle
@@ -7,7 +7,7 @@
 
 // This must be consistent with the release_version in npm/package.json
 // and the HERMES_RELEASE_VERSION in CMakeLists.txt
-def release_version = "0.5.0"
+def release_version = "0.6.0"
 
 buildscript {
   ext {
diff --git a/hermes.podspec b/hermes.podspec
index a635714d6db..a8c4bf50a50 100644
--- a/hermes.podspec
+++ b/hermes.podspec
@@ -22,7 +22,7 @@ end
 
 Pod::Spec.new do |spec|
   spec.name        = "hermes"
-  spec.version     = "0.5.0"
+  spec.version     = "0.6.0"
   spec.summary     = "Hermes is a small and lightweight JavaScript engine optimized for running React Native."
   spec.description = "Hermes is a JavaScript engine optimized for fast start-up of React Native apps. It features ahead-of-time static optimization and compact bytecode."
   spec.homepage    = "https://hermesengine.dev"
diff --git a/npm/package.json b/npm/package.json
index e687c055746..8368b319677 100644
--- a/npm/package.json
+++ b/npm/package.json
@@ -1,5 +1,5 @@
 {
-  "version": "0.5.0",
+  "version": "0.6.0",
   "scripts": {
     "unpack-builds": "node unpack-builds.js",
     "unpack-builds-dev": "node unpack-builds.js --dev",