diff --git a/package-lock.json b/package-lock.json
index f806482d959f..10344748740a 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
     "name": "python",
-    "version": "2025.2.0-rc",
+    "version": "2025.3.0-dev",
     "lockfileVersion": 2,
     "requires": true,
     "packages": {
         "": {
             "name": "python",
-            "version": "2025.2.0-rc",
+            "version": "2025.3.0-dev",
             "license": "MIT",
             "dependencies": {
                 "@iarna/toml": "^2.2.5",
diff --git a/package.json b/package.json
index 08cf36ed6e84..6732fac75a53 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
     "name": "python",
     "displayName": "Python",
     "description": "Python language support with extension access points for IntelliSense (Pylance), Debugging (Python Debugger), linting, formatting, refactoring, unit tests, and more.",
-    "version": "2025.2.0-rc",
+    "version": "2025.3.0-dev",
     "featureFlags": {
         "usingNewInterpreterStorage": true
     },