diff --git a/Makefile b/Makefile
index d3cd105..1b0fa1a 100644
--- a/Makefile
+++ b/Makefile
@@ -48,7 +48,7 @@ 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.
-OPERATOR_SDK_VERSION ?= v1.42.2
+OPERATOR_SDK_VERSION ?= v1.42.3
 GOVC_VERSION ?= v0.55.0
 
 # Image URL to use all building/pushing image targets