diff --git a/configure.ac b/configure.ac
index b31f39c..2d7c174 100755
--- a/configure.ac
+++ b/configure.ac
@@ -5,11 +5,11 @@ AC_PREREQ([2.63])
 
 # IMPORTANT: when editing the version  number, edit both the
 # MARGO_VERSION_ variables and the argument provided to AC_INIT
-AC_INIT([margo], [0.17.3], [],[],[])
+AC_INIT([margo], [0.18.0], [],[],[])
 
 MARGO_VERSION_MAJOR=0
-MARGO_VERSION_MINOR=17
-MARGO_VERSION_PATCH=3
+MARGO_VERSION_MINOR=18
+MARGO_VERSION_PATCH=0
 MARGO_VERSION="$MARGO_VERSION_MAJOR.$MARGO_VERSION_MINOR.$MARGO_VERSION_PATCH"
 MARGO_VERSION_NUM=$((MARGO_VERSION_MAJOR*100000+MARGO_VERSION_MINOR*100+MARGO_VERSION_PATCH))