diff --git a/package.json b/package.json
index fc653251cbd..275623fa18b 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "code-oss-dev",
-  "version": "1.39.0",
+  "version": "1.40.0",
   "distro": "b9bb6392c20ba05a247e41ea75b2825544fd8afd",
   "author": {
     "name": "Microsoft Corporation"