diff --git a/package-lock.json b/package-lock.json
index f8a0ce8bb..c11e27391 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
 	"name": "studio",
-	"version": "1.0.1-beta.2",
+	"version": "1.0.1",
 	"lockfileVersion": 2,
 	"requires": true,
 	"packages": {
 		"": {
 			"name": "studio",
-			"version": "1.0.1-beta.2",
+			"version": "1.0.1",
 			"hasInstallScript": true,
 			"license": "GPL-2.0-or-later",
 			"dependencies": {
diff --git a/package.json b/package.json
index 6eed2d9b6..9766a7de4 100644
--- a/package.json
+++ b/package.json
@@ -3,7 +3,7 @@
 	"author": "Automattic Inc.",
 	"private": true,
 	"productName": "Studio",
-	"version": "1.0.1-beta.2",
+	"version": "1.0.1",
 	"description": "Local WordPress development environment using Playgrounds",
 	"license": "GPL-2.0-or-later",
 	"main": ".webpack/main",