diff --git a/Gemfile.lock b/Gemfile.lock
index 93de93ea3..621f6ada3 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -1,7 +1,7 @@
 PATH
   remote: .
   specs:
-    webpacker (4.0.6)
+    webpacker (4.0.7)
       activesupport (>= 4.2)
       rack-proxy (>= 0.6.1)
       railties (>= 4.2)
diff --git a/lib/webpacker/version.rb b/lib/webpacker/version.rb
index 05006e1b5..fde92916a 100644
--- a/lib/webpacker/version.rb
+++ b/lib/webpacker/version.rb
@@ -1,4 +1,4 @@
 module Webpacker
   # Change the version in package.json too, please!
-  VERSION = "4.0.6".freeze
+  VERSION = "4.0.7".freeze
 end
diff --git a/package.json b/package.json
index 3ce86cfc0..da26cf9d4 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@rails/webpacker",
-  "version": "4.0.6",
+  "version": "4.0.7",
   "description": "Use webpack to manage app-like JavaScript modules in Rails",
   "main": "package/index.js",
   "files": [