diff --git a/components.yaml b/components.yaml
index 9600cb2c87..09499e01fa 100644
--- a/components.yaml
+++ b/components.yaml
@@ -15,7 +15,7 @@ multicluster-proxy-aae:
   version: v0.1.1
 pipeline:
   github: tektoncd/pipeline
-  version: v1.11.0
+  version: v1.11.1
 pipelines-as-code:
   github: tektoncd/pipelines-as-code
   version: v0.45.0
diff --git a/operatorhub/openshift/manifests/bases/openshift-pipelines-operator-rh.clusterserviceversion.template.yaml b/operatorhub/openshift/manifests/bases/openshift-pipelines-operator-rh.clusterserviceversion.template.yaml
index dda9708884..8d831fc84f 100644
--- a/operatorhub/openshift/manifests/bases/openshift-pipelines-operator-rh.clusterserviceversion.template.yaml
+++ b/operatorhub/openshift/manifests/bases/openshift-pipelines-operator-rh.clusterserviceversion.template.yaml
@@ -396,7 +396,7 @@ spec:
 
     ### Components
 
-    - Tekton Pipelines: v1.11.0
+    - Tekton Pipelines: v1.11.1
     - Tekton Triggers: v0.35.0
     - Pipelines as Code: v0.45.0
     - Tekton Chains: v0.26.2