diff --git a/bundle/manifests/gpu-operator-certified.clusterserviceversion.yaml b/bundle/manifests/gpu-operator-certified.clusterserviceversion.yaml
index 2c22214a9..179e352fd 100644
--- a/bundle/manifests/gpu-operator-certified.clusterserviceversion.yaml
+++ b/bundle/manifests/gpu-operator-certified.clusterserviceversion.yaml
@@ -18,7 +18,7 @@ metadata:
     features.operators.openshift.io/cnf: "false"
     features.operators.openshift.io/cni: "false"
     features.operators.openshift.io/csi: "false"
-    olm.skipRange: '>=1.9.0 <26.3.0'
+    olm.skipRange: '>=1.9.0 <26.3.1'
     alm-examples: |-
       [
         {
@@ -198,7 +198,7 @@ metadata:
     provider: NVIDIA
     repository: http://github.com/NVIDIA/gpu-operator
     support: NVIDIA
-  name: gpu-operator-certified.v26.3.0
+  name: gpu-operator-certified.v26.3.1
   namespace: placeholder
 spec:
   apiservicedefinitions: {}
@@ -979,5 +979,5 @@ spec:
   maturity: stable
   provider:
     name: NVIDIA Corporation
-  version: 26.3.0
-  replaces: gpu-operator-certified.v25.10.1
+  version: 26.3.1
+  replaces: gpu-operator-certified.v26.3.0
diff --git a/versions.mk b/versions.mk
index 611f8472c..de4cc77a4 100644
--- a/versions.mk
+++ b/versions.mk
@@ -17,7 +17,7 @@
 # To re-generate a bundle for another specific version without changing the standard setup, you can:
 # - use the VERSION as arg of the bundle target (e.g make bundle VERSION=0.0.2)
 # - use environment variables to overwrite this value (e.g export VERSION=0.0.2)
-VERSION ?= v26.3.0
+VERSION ?= v26.3.1
 
 GOLANG_VERSION ?= 1.26.2