diff --git a/VERSION b/VERSION
index fa85d4d1d23..8df6b88a91f 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.5.13
+1.5.14
diff --git a/params/version.go b/params/version.go
index 36879555f69..21a1557e881 100644
--- a/params/version.go
+++ b/params/version.go
@@ -21,7 +21,7 @@ import "fmt"
 const (
 	VersionMajor = 1      // Major version component of the current release
 	VersionMinor = 5      // Minor version component of the current release
-	VersionPatch = 13     // Patch version component of the current release
+	VersionPatch = 14     // Patch version component of the current release
 	VersionMeta  = "flux" // Version metadata to append to the version string
 )