diff --git a/Makefile b/Makefile
index f58508bd..300f8227 100644
--- a/Makefile
+++ b/Makefile
@@ -7,8 +7,8 @@ SPLUNK_ANSIBLE_BRANCH ?= develop
 SPLUNK_COMPOSE ?= cluster_absolute_unit.yaml
 # Set Splunk version/build parameters here to define downstream URLs and file names
 SPLUNK_PRODUCT := splunk
-SPLUNK_VERSION := 7.3.1.1
-SPLUNK_BUILD := 7651b7244cf2
+SPLUNK_VERSION := 7.3.2
+SPLUNK_BUILD := c60db69f8e32
 ifeq ($(shell arch), s390x)
 	SPLUNK_ARCH = s390x
 else
diff --git a/base/redhat-8/Dockerfile b/base/redhat-8/Dockerfile
index 29a8a546..b330fa4c 100644
--- a/base/redhat-8/Dockerfile
+++ b/base/redhat-8/Dockerfile
@@ -20,7 +20,7 @@ FROM registry.access.redhat.com/ubi8/ubi-minimal
 LABEL name="splunk" \
       maintainer="support@splunk.com" \
       vendor="splunk" \
-      version="7.3.1.1" \
+      version="7.3.2" \
       release="1" \
       summary="UBI 8 Docker image of Splunk Enterprise" \
       description="Splunk Enterprise is a platform for operational intelligence. Our software lets you collect, analyze, and act upon the untapped value of big data that your technology infrastructure, security systems, and business applications generate. It gives you insights to drive operational performance and business results."
diff --git a/docs/CHANGELOG.md b/docs/CHANGELOG.md
index f30f99e9..551bbcf8 100644
--- a/docs/CHANGELOG.md
+++ b/docs/CHANGELOG.md
@@ -2,8 +2,10 @@
 
 ## Navigation
 
+* [7.3.2](#732)
 * [7.3.1](#731)
 * [7.3.0](#730)
+* [7.2.7](#728)
 * [7.2.7](#727)
 * [7.2.6](#726)
 * [7.2.5.1](#7251)
@@ -16,6 +18,24 @@
 
 ---
 
+## 7.3.2
+
+#### What's New?
+* New Splunk Enterprise release of 7.3.2
+
+#### docker-splunk changes:
+* Bumping Splunk version. For details, see: https://docs.splunk.com/Documentation/Splunk/7.3.2/ReleaseNotes/Fixedissues
+* Support for Redhat 8 UF on s390x
+* Various bugfixes
+
+#### splunk-ansible changes:
+* Python 2 and Python 3 cross compatibility support
+* Support SPLUNK_SECRET as an environment variable
+* Prevent double-installation issue when SPLUNK_BUILD_URL is supplied
+* Various bugfixes
+
+---
+
 ## 7.3.1
 
 #### What's New?
@@ -57,6 +77,19 @@
 
 ---
 
+## 7.2.8
+
+#### What's New?
+Nothing - releasing new images to support Splunk Enterprise maintenance patch.
+
+#### docker-splunk changes:
+* Bumping Splunk version. For details, see: https://docs.splunk.com/Documentation/Splunk/7.2.8/ReleaseNotes/Fixedissues
+
+#### splunk-ansible changes:
+* Nothing - releasing new images to support Splunk Enterprise maintenance patch
+
+---
+
 ## 7.2.7
 
 #### What's New?