diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index ca7d954bf..145eb69c7 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -17,6 +17,10 @@ Unreleased
 ----------
 * nothing unreleased
 
+[4.32.3]
+--------
+* chore: Update python requirements.
+
 [4.32.2]
 --------
 * fix: ensure admin_users in EnterpriseCustomerUserViewSet is correct.
diff --git a/enterprise/__init__.py b/enterprise/__init__.py
index 7073c032b..f1d10ef98 100644
--- a/enterprise/__init__.py
+++ b/enterprise/__init__.py
@@ -2,4 +2,4 @@
 Your project description goes here.
 """
 
-__version__ = "4.32.2"
+__version__ = "4.32.3"