diff --git a/app/Version.hs b/app/Version.hs
index 3bb1c8571a..a318c0e9b8 100644
--- a/app/Version.hs
+++ b/app/Version.hs
@@ -17,7 +17,7 @@ import qualified Development.GitRev as GitRev
 -- prerelease identifier here (if any). When releasing a proper version, simply
 -- set this to an empty string.
 prerelease :: String
-prerelease = "-rc2"
+prerelease = "-rc3"
 
 versionString :: String
 versionString = showVersion Paths.version ++ prerelease ++ extra
diff --git a/package.yaml b/package.yaml
index e681332372..34db54431c 100644
--- a/package.yaml
+++ b/package.yaml
@@ -1,5 +1,5 @@
 name: purescript
-version: '0.14.0-rc2' # note: when updating this, update the prerelease identifier in app/Version.hs too!
+version: '0.14.0-rc3' # note: when updating this, update the prerelease identifier in app/Version.hs too!
 synopsis: PureScript Programming Language Compiler
 description: A small strongly, statically typed programming language with expressive
   types, inspired by Haskell and compiling to JavaScript.