diff --git a/HYDRA_VERSION b/HYDRA_VERSION
index b13d146a7..8148c5594 100644
--- a/HYDRA_VERSION
+++ b/HYDRA_VERSION
@@ -1 +1 @@
-9.3.0
+9.4.0
diff --git a/hydra-core/lib/hydra-head/version.rb b/hydra-core/lib/hydra-head/version.rb
index 06dc2cbd6..955da5ba2 100644
--- a/hydra-core/lib/hydra-head/version.rb
+++ b/hydra-core/lib/hydra-head/version.rb
@@ -1,3 +1,3 @@
 module HydraHead
-  VERSION = "9.3.0"
+  VERSION = "9.4.0"
 end