diff --git a/samtranslator/__init__.py b/samtranslator/__init__.py
index 4deffd112..7f6f982e3 100644
--- a/samtranslator/__init__.py
+++ b/samtranslator/__init__.py
@@ -1 +1 @@
-__version__ = "1.72.0"
+__version__ = "1.74.0"