diff --git a/Cargo.lock b/Cargo.lock
index aa7995cf3098f591ddc8d32e30d458f1028725af..a18a3196c4dd6789702f2ffc47418f348cbaddd4 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -20398,7 +20398,7 @@ dependencies = [
 
 [[package]]
 name = "zed"
-version = "0.203.0"
+version = "0.203.1"
 dependencies = [
  "acp_tools",
  "activity_indicator",
diff --git a/crates/zed/Cargo.toml b/crates/zed/Cargo.toml
index bb46a5a4f65ac76a7cff2a5bc43525db30ed0930..6a4ff4213cc80e5be79e0d916b8df994ff12a35d 100644
--- a/crates/zed/Cargo.toml
+++ b/crates/zed/Cargo.toml
@@ -2,7 +2,7 @@
 description = "The fast, collaborative code editor."
 edition.workspace = true
 name = "zed"
-version = "0.203.0"
+version = "0.203.1"
 publish.workspace = true
 license = "GPL-3.0-or-later"
 authors = ["Zed Team <hi@zed.dev>"]