diff --git a/optimum_benchmark/version.py b/optimum_benchmark/version.py
index 53907f3b..f963a34e 100644
--- a/optimum_benchmark/version.py
+++ b/optimum_benchmark/version.py
@@ -12,4 +12,4 @@
 #  See the License for the specific language governing permissions and
 #  limitations under the License.
 
-__version__ = "0.4.0"
+__version__ = "0.5.0"