diff --git a/charts/keycloak-operator/Chart.yaml b/charts/keycloak-operator/Chart.yaml
index 4c33d9c7f..7ff9dc754 100644
--- a/charts/keycloak-operator/Chart.yaml
+++ b/charts/keycloak-operator/Chart.yaml
@@ -3,7 +3,7 @@ name: keycloak-operator
 description: A Helm chart for deploying the Keycloak Operator with GitOps compatibility
 type: application
 version: 0.7.35
-appVersion: "v0.10.39"
+appVersion: "v0.10.40"
 keywords:
   - keycloak
   - operator
diff --git a/charts/keycloak-operator/values.yaml b/charts/keycloak-operator/values.yaml
index d8046422f..a18088f48 100644
--- a/charts/keycloak-operator/values.yaml
+++ b/charts/keycloak-operator/values.yaml
@@ -37,7 +37,7 @@ operator:
     # Overrides the image tag whose default is the chart appVersion.
     # This is automatically updated by the update-chart-versions workflow on new releases
     # Example: "v0.3.2" or "latest"
-    tag: "v0.10.39"
+    tag: "v0.10.40"
   # Image pull secrets for private registries
   # Example:
   # imagePullSecrets: