diff --git a/VERSION b/VERSION
index bb79667..bae2e2c 100644
--- a/VERSION
+++ b/VERSION
@@ -1,2 +1,2 @@
-1.15.0
-2022-05-13
+1.16.0
+2023-04-11
diff --git a/configure.ac b/configure.ac
index 818ff37..efab8d8 100644
--- a/configure.ac
+++ b/configure.ac
@@ -274,12 +274,12 @@ AC_CHECK_MEMBER([struct blk_zone.capacity],
 		]])
 
 # export library version info for mkfs/libf2fs_format_la
-AC_SUBST(FMT_CURRENT, 8)
+AC_SUBST(FMT_CURRENT, 9)
 AC_SUBST(FMT_REVISION, 0)
 AC_SUBST(FMT_AGE, 0)
 
 # export library version info for lib/libf2fs_la
-AC_SUBST(LIBF2FS_CURRENT, 9)
+AC_SUBST(LIBF2FS_CURRENT, 10)
 AC_SUBST(LIBF2FS_REVISION, 0)
 AC_SUBST(LIBF2FS_AGE, 0)