diff --git a/CMakeLists.txt b/CMakeLists.txt
index fa10c1b3..b57cc00a 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -5,7 +5,7 @@ if (CMAKE_VERSION GREATER_EQUAL 3.12)
   cmake_policy(SET CMP0075 NEW)
 endif (CMAKE_VERSION GREATER_EQUAL 3.12)
 
-project(musrfit VERSION 1.7.3 LANGUAGES C CXX)
+project(musrfit VERSION 1.7.4 LANGUAGES C CXX)
 
 #--- musrfit specific options -------------------------------------------------
 option(dks "build musrfit with DKS (GPU/MIC) support" ON)