diff --git a/ruby-sdk/Cargo.lock b/ruby-sdk/Cargo.lock
index 9963ef87..1c9c0495 100644
--- a/ruby-sdk/Cargo.lock
+++ b/ruby-sdk/Cargo.lock
@@ -304,7 +304,7 @@ dependencies = [
 
 [[package]]
 name = "eppo_client"
-version = "3.1.1"
+version = "3.2.0"
 dependencies = [
  "env_logger",
  "eppo_core",
diff --git a/ruby-sdk/Gemfile.lock b/ruby-sdk/Gemfile.lock
index 7ba6f5c2..8f495797 100644
--- a/ruby-sdk/Gemfile.lock
+++ b/ruby-sdk/Gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: .
   specs:
-    eppo-server-sdk (3.1.1)
+    eppo-server-sdk (3.2.0)
 
 GEM
   remote: https://rubygems.org/
diff --git a/ruby-sdk/ext/eppo_client/Cargo.toml b/ruby-sdk/ext/eppo_client/Cargo.toml
index f1b7cdbd..d29a57bd 100644
--- a/ruby-sdk/ext/eppo_client/Cargo.toml
+++ b/ruby-sdk/ext/eppo_client/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "eppo_client"
 # TODO: this version and lib/eppo_client/version.rb should be in sync
-version = "3.1.1"
+version = "3.2.0"
 edition = "2021"
 license = "MIT"
 publish = false
diff --git a/ruby-sdk/lib/eppo_client/version.rb b/ruby-sdk/lib/eppo_client/version.rb
index 0be24923..3ffe2927 100644
--- a/ruby-sdk/lib/eppo_client/version.rb
+++ b/ruby-sdk/lib/eppo_client/version.rb
@@ -2,5 +2,5 @@
 
 # TODO: this version and ext/eppo_rb/Cargo.toml should be in sync
 module EppoClient
-  VERSION = "3.1.1"
+  VERSION = "3.2.0"
 end