diff --git a/DESCRIPTION b/DESCRIPTION
index eb7aa73fc..234df4b4b 100644
--- a/DESCRIPTION
+++ b/DESCRIPTION
@@ -1,6 +1,6 @@
 Package: testthat
 Title: Unit Testing for R
-Version: 3.2.2.9000
+Version: 3.2.3
 Authors@R: c(
     person("Hadley", "Wickham", , "hadley@posit.co", role = c("aut", "cre")),
     person("Posit Software, PBC", role = c("cph", "fnd")),
diff --git a/NEWS.md b/NEWS.md
index 5c6efc566..09ef006d0 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,4 +1,4 @@
-# testthat (development version)
+# testthat 3.2.3
 
 * Fixed an issue where `expect_no_error(1)` was failing (#2037).