diff --git a/pkg/version/dev.go b/pkg/version/dev.go
index 31a59bb68..f6cf7d3c2 100644
--- a/pkg/version/dev.go
+++ b/pkg/version/dev.go
@@ -3,6 +3,6 @@
 
 package version
 
-const Version = "v1.39.2-5a4d71b0-dev"
+const Version = "v1.40.1-36a79336-dev"
 
-const VersionGitRef = "5a4d71b0"
+const VersionGitRef = "36a79336"
diff --git a/pkg/version/version.go b/pkg/version/version.go
index c2876a6ea..bdd86f428 100644
--- a/pkg/version/version.go
+++ b/pkg/version/version.go
@@ -1,8 +1,8 @@
+//go:build release
 // +build release
 
 package version
 
-const Version = "v1.39.2-5a4d71b0"
-
-const VersionGitRef = "5a4d71b0"
+const Version = "v1.40.1-36a79336"
 
+const VersionGitRef = "36a79336"
diff --git a/utils/generate-version-file.sh b/utils/generate-version-file.sh
index d0227bea4..6e66eec8e 100755
--- a/utils/generate-version-file.sh
+++ b/utils/generate-version-file.sh
@@ -18,8 +18,8 @@ if [[ -n $VERSION_SUFFIX ]] ; then
 fi
 
 cat <<END
-//go:build !release
-// +build !release
+//go:build $BUILD_FLAGS
+// +build $BUILD_FLAGS
 
 package $PACKAGE_NAME