diff --git a/.github/workflows/build-ci.yml b/.github/workflows/build-ci.yml
index 5358a12ef77..259e2735cf0 100644
--- a/.github/workflows/build-ci.yml
+++ b/.github/workflows/build-ci.yml
@@ -36,7 +36,7 @@ jobs:
           tags: |
             type=edge,branch=main
             type=raw,priority=950,enable=${{ startsWith(github.ref, 'refs/heads/release/v') }},value=${{ steps.semver.outputs.semver }}
-            type=raw,enable=${{ startsWith(github.ref, 'refs/heads/release/v0.4') }},value=latest
+            type=raw,enable=${{ startsWith(github.ref, 'refs/heads/release/v0.5') }},value=latest
           labels: |
             org.opencontainers.image.vendor=Deephaven Data Labs
             org.opencontainers.image.title=Deephaven Core
@@ -112,7 +112,7 @@ jobs:
           tags: |
             type=edge,branch=main
             type=raw,priority=950,enable=${{ startsWith(github.ref, 'refs/heads/release/v') }},value=${{ steps.semver.outputs.semver }}
-            type=raw,enable=${{ startsWith(github.ref, 'refs/heads/release/v0.4') }},value=latest
+            type=raw,enable=${{ startsWith(github.ref, 'refs/heads/release/v0.5') }},value=latest
           labels: |
             org.opencontainers.image.vendor=Deephaven Data Labs
             org.opencontainers.image.title=Deephaven gRPC Web Proxy
@@ -184,7 +184,7 @@ jobs:
           tags: |
             type=edge,branch=main
             type=raw,priority=950,enable=${{ startsWith(github.ref, 'refs/heads/release/v') }},value=${{ steps.semver.outputs.semver }}
-            type=raw,enable=${{ startsWith(github.ref, 'refs/heads/release/v0.4') }},value=latest
+            type=raw,enable=${{ startsWith(github.ref, 'refs/heads/release/v0.5') }},value=latest
           labels: |
             org.opencontainers.image.vendor=Deephaven Data Labs
             org.opencontainers.image.title=Deephaven Envoy
@@ -249,7 +249,7 @@ jobs:
           tags: |
             type=edge,branch=main
             type=raw,priority=950,enable=${{ startsWith(github.ref, 'refs/heads/release/v') }},value=${{ steps.semver.outputs.semver }}
-            type=raw,enable=${{ startsWith(github.ref, 'refs/heads/release/v0.4') }},value=latest
+            type=raw,enable=${{ startsWith(github.ref, 'refs/heads/release/v0.5') }},value=latest
           labels: |
             org.opencontainers.image.vendor=Deephaven Data Labs
             org.opencontainers.image.title=Deephaven Web
diff --git a/build.gradle b/build.gradle
index dd16d94f612..8d2296e514c 100644
--- a/build.gradle
+++ b/build.gradle
@@ -77,7 +77,7 @@ idea {
 }
 
 ext.versionSource = versionSource
-ext.globalVersion = "0.4.2"
+ext.globalVersion = "0.5.0"
 
 // To set fishlibVersion, go to project-local gradle.properties file
 // (or, use the gradle.properties in $USER_HOME/.gradle for a global override)
diff --git a/pyclient/README.md b/pyclient/README.md
index 71e4a1c7db9..5c7e23f605d 100644
--- a/pyclient/README.md
+++ b/pyclient/README.md
@@ -35,7 +35,7 @@ $ python3 -m examples.demo_asof_join
 ```
 ## Install
 ``` shell
-$ pip3 install dist/pydeephaven-0.4.2-py3-none-any.whl
+$ pip3 install dist/pydeephaven-0.5.0-py3-none-any.whl
 ```
 ## Quick start
 
diff --git a/pyclient/pydeephaven/__init__.py b/pyclient/pydeephaven/__init__.py
index 53d49255d6c..198357d2ab1 100644
--- a/pyclient/pydeephaven/__init__.py
+++ b/pyclient/pydeephaven/__init__.py
@@ -30,5 +30,5 @@
 from ._table_interface import TableInterface
 from .query import Query
 
-__version__ = "0.4.2"
+__version__ = "0.5.0"
 __all__ = ["Session", "Table", "Query", "TableInterface", "ComboAggregation", "DHError", "SortDirection", "MatchRule"]
diff --git a/pyclient/setup.py b/pyclient/setup.py
index 17ee563bf79..7ca38b06966 100644
--- a/pyclient/setup.py
+++ b/pyclient/setup.py
@@ -12,7 +12,7 @@
 
 setup(
     name='pydeephaven',
-    version='0.4.2',
+    version='0.5.0',
     description='The Deephaven Python Client',
     long_description=README,
     long_description_content_type="text/markdown",