diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index d7a3acaac1..9e65fd9ae0 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.0.1
+current_version = 1.0.2
 parse = (?P<major>\d+)\.(?P<minor>\d+)(\.(?P<patch>\d+))?
 serialize = 
 	{major}.{minor}.{patch}
diff --git a/src/gt4py/__about__.py b/src/gt4py/__about__.py
index 57b914f25b..10f4607724 100644
--- a/src/gt4py/__about__.py
+++ b/src/gt4py/__about__.py
@@ -33,5 +33,5 @@
 __license__: Final = "GPL-3.0-or-later"
 
 
-__version__: Final = "1.0.1"
+__version__: Final = "1.0.2"
 __version_info__: Final = pkg_version.parse(__version__)