diff --git a/Dockerfile b/Dockerfile
index 29ef82a4..45a618d8 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -4,8 +4,8 @@
 ARG BASE_IMAGE=nvcr.io/nvidia/tritonserver:26.05-py3
 ARG TRITONSDK_BASE_IMAGE=nvcr.io/nvidia/tritonserver:26.05-py3-sdk
 
-ARG MODEL_ANALYZER_VERSION=1.55.0dev
-ARG MODEL_ANALYZER_CONTAINER_VERSION=26.06dev
+ARG MODEL_ANALYZER_VERSION=1.56.0dev
+ARG MODEL_ANALYZER_CONTAINER_VERSION=26.07dev
 FROM ${TRITONSDK_BASE_IMAGE} AS sdk
 
 FROM ${BASE_IMAGE}
diff --git a/VERSION b/VERSION
index 4d7bb1c8..08411587 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.55.0dev
+1.56.0dev