diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 86611ec8..19335df3 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 0.5.0-dev
+current_version = 0.5.0
 commit = True
 tag = False
 parse = (?P<major>\d+)\.(?P<minor>\d+)\.(?P<patch>\d+)(?:-(?P<release>[0-9A-Za-z-]+(?:\.[0-9A-Za-z-]+)*))?(?:\+(?P<build>[0-9A-Za-z-]+(?:\.[0-9A-Za-z-]+)*))?
diff --git a/docs/source/conf.py b/docs/source/conf.py
index afeb56d9..913b6ebc 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -61,7 +61,7 @@
 #
 
 # The full version, including alpha/beta/rc tags.
-release = '0.5.0-dev'
+release = '0.5.0'
 
 # The short X.Y version.
 parsed_version = re.match(
diff --git a/setup.cfg b/setup.cfg
index 56f75eb2..b96facd8 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,7 +3,7 @@
 ##########################
 [metadata]
 name = pyobo
-version = 0.5.0-dev
+version = 0.5.0
 description = Handling and writing OBO
 long_description = file: README.rst
 
diff --git a/src/pyobo/version.py b/src/pyobo/version.py
index 5344de16..bc7ea330 100644
--- a/src/pyobo/version.py
+++ b/src/pyobo/version.py
@@ -14,7 +14,7 @@
     "get_git_hash",
 ]
 
-VERSION = "0.5.0-dev"
+VERSION = "0.5.0"
 
 
 def get_git_hash() -> str: