diff --git a/Makefile b/Makefile
index 9b8e0ad0..b4a78662 100644
--- a/Makefile
+++ b/Makefile
@@ -9,7 +9,7 @@ OUTDIR=${ROOTDIR}/_output
 TARGET_ARCHS ?= amd64 arm64 s390x ppc64le
 
 # Identifies the current build.
-VERSION ?= v1.89.2
+VERSION ?= v1.89.3
 COMMIT_HASH ?= $(shell git rev-parse HEAD)
 
 # Identifies the Kiali operator container image that will be built