diff --git a/docs/config.toml b/docs/config.toml
index 6466cf108..eca990550 100644
--- a/docs/config.toml
+++ b/docs/config.toml
@@ -70,7 +70,7 @@ twitter = "GoHugoIO"
 [params]
   description = "The world’s fastest framework for building websites"
   ## Used for views in rendered HTML (i.e., rather than using the .Hugo variable)
-  release = "0.40.2"
+  release = "0.40.3"
   ## Setting this to true will add a "noindex" to *EVERY* page on the site
   removefromexternalsearch = false
   ## Gh repo for site footer (include trailing slash)
diff --git a/helpers/hugo.go b/helpers/hugo.go
index 9ff738905..5f16b296c 100644
--- a/helpers/hugo.go
+++ b/helpers/hugo.go
@@ -124,7 +124,7 @@ func (v HugoVersion) NextPatchLevel(level int) HugoVersion {
 // This should be the only one.
 var CurrentHugoVersion = HugoVersion{
 	Number:     0.40,
-	PatchLevel: 2,
+	PatchLevel: 3,
 	Suffix:     "",
 }
 
diff --git a/snapcraft.yaml b/snapcraft.yaml
index 26c46dadb..d7b7dd528 100644
--- a/snapcraft.yaml
+++ b/snapcraft.yaml
@@ -1,5 +1,5 @@
 name: hugo
-version: "0.40.2"
+version: "0.40.3"
 summary: Fast and Flexible Static Site Generator
 description: |
   Hugo is a static HTML and CSS website generator written in Go. It is