diff --git a/CMakeLists.txt b/CMakeLists.txt
index 1d7e3d7af..96d4f7c09 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -24,7 +24,7 @@ option(MLX_METAL_JIT "Use JIT compilation for Metal kernels" OFF)
 option(BUILD_SHARED_LIBS "Build mlx as a shared library" OFF)
 
 if(NOT MLX_VERSION)
-  set(MLX_VERSION 0.18.0)
+  set(MLX_VERSION 0.18.1)
 endif()
 
 # --------------------- Processor tests -------------------------
diff --git a/examples/extensions/requirements.txt b/examples/extensions/requirements.txt
index 6b3eff627..933d2eb41 100644
--- a/examples/extensions/requirements.txt
+++ b/examples/extensions/requirements.txt
@@ -1,4 +1,4 @@
 setuptools>=42
 cmake>=3.24
-mlx>=0.18.0
+mlx>=0.18.1
 nanobind==2.2.0
diff --git a/setup.py b/setup.py
index 4756bc870..85740bf40 100644
--- a/setup.py
+++ b/setup.py
@@ -163,7 +163,7 @@ if __name__ == "__main__":
 
     setup(
         name="mlx",
-        version=get_version("0.18.0"),
+        version=get_version("0.18.1"),
         author="MLX Contributors",
         author_email="mlx@group.apple.com",
         description="A framework for machine learning on Apple silicon.",