diff --git a/package-lock.json b/package-lock.json
index a849e69a098..9b1e05da4fe 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "code-oss-dev",
-  "version": "1.94.0",
+  "version": "1.95.0",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "code-oss-dev",
-      "version": "1.94.0",
+      "version": "1.95.0",
       "hasInstallScript": true,
       "license": "MIT",
       "dependencies": {
diff --git a/package.json b/package.json
index 51fb981850e..1aea8bae9b2 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "code-oss-dev",
-  "version": "1.94.0",
+  "version": "1.95.0",
   "distro": "350f0404ef17accb38b1359e82886738870a7377",
   "author": {
     "name": "Microsoft Corporation"
diff --git a/src/vs/platform/product/common/product.ts b/src/vs/platform/product/common/product.ts
index a98043f554a..1a2a6192ec8 100644
--- a/src/vs/platform/product/common/product.ts
+++ b/src/vs/platform/product/common/product.ts
@@ -58,7 +58,7 @@ else {
 	// Running out of sources
 	if (Object.keys(product).length === 0) {
 		Object.assign(product, {
-			version: '1.94.0-dev',
+			version: '1.95.0-dev',
 			nameShort: 'Code - OSS Dev',
 			nameLong: 'Code - OSS Dev',
 			applicationName: 'code-oss',