diff --git a/drivers/net/ethernet/intel/i40e/i40e_main.c b/drivers/net/ethernet/intel/i40e/i40e_main.c
index 89a2d76a1f69c..63de3f4b7a94e 100644
--- a/drivers/net/ethernet/intel/i40e/i40e_main.c
+++ b/drivers/net/ethernet/intel/i40e/i40e_main.c
@@ -38,8 +38,8 @@ static const char i40e_driver_string[] =
 #define DRV_KERN "-k"
 
 #define DRV_VERSION_MAJOR 1
-#define DRV_VERSION_MINOR 2
-#define DRV_VERSION_BUILD 43
+#define DRV_VERSION_MINOR 3
+#define DRV_VERSION_BUILD 1
 #define DRV_VERSION __stringify(DRV_VERSION_MAJOR) "." \
 	     __stringify(DRV_VERSION_MINOR) "." \
 	     __stringify(DRV_VERSION_BUILD)    DRV_KERN