diff --git a/apps.yaml b/apps.yaml
index 61e2342f51..25395b1973 100644
--- a/apps.yaml
+++ b/apps.yaml
@@ -107,7 +107,7 @@ appsInfo:
     integration: The SSO login page for App Platform is served by Keycloak. Keycloak is used as an identity broker or provider for all App Platform integrated applications. By default Keycloak is configured as an Identity Broker. Keycloak is part of the core of App Platform and is always enabled.
   knative:
     title: Knative Operator
-    appVersion: 1.22.2
+    appVersion: 1.22.3
     repo: https://github.com/knative/serving
     maintainers: Knative
     relatedLinks:
diff --git a/chart/chart-index/Chart.yaml b/chart/chart-index/Chart.yaml
index 4210fb2d2f..b792be832d 100644
--- a/chart/chart-index/Chart.yaml
+++ b/chart/chart-index/Chart.yaml
@@ -63,7 +63,7 @@ dependencies:
     version: 7.2.2
     repository: https://codecentric.github.io/helm-charts
   - name: knative-operator
-    version: v1.22.2
+    version: v1.22.3
     repository: https://knative.github.io/operator
   - name: kserve-crd
     version: v0.19.0
diff --git a/charts/knative-operator/Chart.yaml b/charts/knative-operator/Chart.yaml
index d338c03820..dd8aa241e4 100644
--- a/charts/knative-operator/Chart.yaml
+++ b/charts/knative-operator/Chart.yaml
@@ -6,4 +6,4 @@ keywords:
 name: knative-operator
 sources:
 - https://github.com/knative/operator
-version: 1.22.2
+version: 1.22.3
diff --git a/charts/knative-operator/values.yaml b/charts/knative-operator/values.yaml
index 0bb4be1500..9e18c62aa1 100644
--- a/charts/knative-operator/values.yaml
+++ b/charts/knative-operator/values.yaml
@@ -28,7 +28,7 @@ knative_operator:
     remoteDeploymentsPollInterval: 10s
   knative_operator:
     image: gcr.io/knative-releases/knative.dev/operator/cmd/operator
-    tag: v1.22.2
+    tag: v1.22.3
     affinity: {}
     tolerations: []
     containerSecurityContext:
@@ -44,7 +44,7 @@ knative_operator:
         memory: 1000Mi
   operator_webhook:
     image: gcr.io/knative-releases/knative.dev/operator/cmd/webhook
-    tag: v1.22.2
+    tag: v1.22.3
     affinity:
       # To avoid node becoming SPOF, spread our replicas to different nodes.
       podAntiAffinity: