diff --git a/package.json b/package.json
index 2a69d635c0..2d1e609608 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "WordPress",
-  "version": "4.7.3",
+  "version": "4.7.4",
   "description": "WordPress is web software you can use to create a beautiful website or blog.",
   "repository": {
     "type": "svn",
diff --git a/src/wp-includes/version.php b/src/wp-includes/version.php
index 7479254dc1..e3b35a5941 100644
--- a/src/wp-includes/version.php
+++ b/src/wp-includes/version.php
@@ -4,7 +4,7 @@
  *
  * @global string $wp_version
  */
-$wp_version = '4.7.3-src';
+$wp_version = '4.7.4-alpha-40224-src';
 
 /**
  * Holds the WordPress DB revision, increments when changes are made to the WordPress DB schema.