diff --git a/Makefile b/Makefile
index 2495cda8..0f6068e4 100644
--- a/Makefile
+++ b/Makefile
@@ -58,7 +58,7 @@ endif
 # Set the Operator SDK version to use. By default, what is installed on the system is used.
 # This is useful for CI or a project to utilize a specific version of the operator-sdk toolkit.
 # renovate: datasource=github-releases depName=operator-sdk packageName=operator-framework/operator-sdk
-OPERATOR_SDK_VERSION ?= v1.41.1
+OPERATOR_SDK_VERSION ?= v1.42.0
 
 # renovate: datasource=github-releases depName=operator-registry packageName=operator-framework/operator-registry
 OPM_VERSION ?= v1.60.0
diff --git a/bundle.Dockerfile b/bundle.Dockerfile
index 5549bdaa..c1a71e7f 100644
--- a/bundle.Dockerfile
+++ b/bundle.Dockerfile
@@ -8,7 +8,7 @@ LABEL operators.operatorframework.io.bundle.package.v1=nginx-ingress-operator
 LABEL operators.operatorframework.io.bundle.channels.v1=alpha
 LABEL operators.operatorframework.io.bundle.channel.default.v1=alpha
 # renovate: datasource=github-releases depName=operator-sdk packageName=operator-framework/operator-sdk
-LABEL operators.operatorframework.io.metrics.builder=operator-sdk-v1.41.1
+LABEL operators.operatorframework.io.metrics.builder=operator-sdk-v1.42.0
 LABEL operators.operatorframework.io.metrics.mediatype.v1=metrics+v1
 LABEL operators.operatorframework.io.metrics.project_layout=helm.sdk.operatorframework.io/v1