diff --git a/website/docs/reference/commands/version.md b/website/docs/reference/commands/version.md
index 2ed14117828..3847b3cd593 100644
--- a/website/docs/reference/commands/version.md
+++ b/website/docs/reference/commands/version.md
@@ -13,7 +13,7 @@ The `--version` command-line flag returns information about the currently instal
 ## Versioning
 To learn more about release versioning for dbt Core, refer to [How dbt Core uses semantic versioning](/docs/dbt-versions/core#how-dbt-core-uses-semantic-versioning). 
 
-If using [versionless dbt Cloud](/docs/dbt-versions/upgrade-dbt-version-in-cloud#versionless), then `dbt_version` uses the latest (continuous) release version. This also follows semantic versioning guidelines, using the `YYYY.xx.yy` format, where the year is the major version (for example, `2024.04.1234`)
+If using [versionless dbt Cloud](/docs/dbt-versions/upgrade-dbt-version-in-cloud#versionless), then `dbt_version` uses the latest (continuous) release version. This also follows semantic versioning guidelines, using the `YYYY.MM.DD+<suffix>` format. The year, month, and day represent the date the version was built (for example, `2024.10.28+996c6a8`). The suffix provides an additional unique identification for each build.
 
 ## Example usages