diff --git a/include/pika_version.h b/include/pika_version.h
index 9f46674ddb94047a9d0627b943dce2c3de4c889e..40dcb040bcb5faa626eb72dcee13a656735efd45 100644
--- a/include/pika_version.h
+++ b/include/pika_version.h
@@ -8,6 +8,6 @@
 
 #define PIKA_MAJOR 3
 #define PIKA_MINOR 0
-#define PIKA_PATCH 15
+#define PIKA_PATCH 16
 
 #endif  // INCLUDE_PIKA_VERSION_H_