diff --git a/CMakeLists.txt b/CMakeLists.txt
index c03f9ade7fe..aa7967e939a 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -72,7 +72,7 @@ endif()
 
 set(PROJECT_NAME "oneDNN")
 set(PROJECT_FULL_NAME "oneAPI Deep Neural Network Library (oneDNN)")
-set(PROJECT_VERSION "3.5.2")
+set(PROJECT_VERSION "3.5.3")
 
 if (CMAKE_VERSION VERSION_LESS 3.0)
     project(${PROJECT_NAME} C CXX)