diff --git a/make/version.mk b/make/version.mk
index 1648ec1222..c99ce74cf5 100644
--- a/make/version.mk
+++ b/make/version.mk
@@ -2,7 +2,7 @@ SHELL = /usr/bin/env bash -o pipefail
 SHELLFLAGS = -ec
 
 # Current Operator version
-VERSION ?= 1.4.0
+VERSION ?= 1.4.1
 
 GIT_COMMIT_ID ?= $(shell git rev-parse --short=8 HEAD)