diff --git a/CHANGELOG.md b/CHANGELOG.md
index 412fe404c..35ccb7088 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,9 @@
+## 3.2.0 (June 4, 2026)
+
+ENHANCEMENT:
+
+* Added linux/s390x build target for IBM Z platform [[GH-1800](https://github.com/hashicorp/terraform-provider-helm/issues/1800)]
+
 ## 3.1.2 (May 21, 2026)
 
 ENHANCEMENT:
diff --git a/version/VERSION b/version/VERSION
index ef538c281..944880fa1 100644
--- a/version/VERSION
+++ b/version/VERSION
@@ -1 +1 @@
-3.1.2
+3.2.0