diff --git a/charts/tidb-cluster/values.yaml b/charts/tidb-cluster/values.yaml
index d88bfc0bb2..7d4cbe1eff 100644
--- a/charts/tidb-cluster/values.yaml
+++ b/charts/tidb-cluster/values.yaml
@@ -38,7 +38,7 @@ services:
     type: ClusterIP
 
 discovery:
-  image: pingcap/tidb-operator:v1.4.6
+  image: pingcap/tidb-operator:v1.4.7
   imagePullPolicy: IfNotPresent
   resources:
     limits:
diff --git a/charts/tidb-operator/values.yaml b/charts/tidb-operator/values.yaml
index 8972735dc1..fba36ad098 100644
--- a/charts/tidb-operator/values.yaml
+++ b/charts/tidb-operator/values.yaml
@@ -12,12 +12,12 @@ rbac:
 timezone: UTC
 
 # operatorImage is TiDB Operator image
-operatorImage: pingcap/tidb-operator:v1.4.6
+operatorImage: pingcap/tidb-operator:v1.4.7
 imagePullPolicy: IfNotPresent
 # imagePullSecrets: []
 
 # tidbBackupManagerImage is tidb backup manager image
-tidbBackupManagerImage: pingcap/tidb-backup-manager:v1.4.6
+tidbBackupManagerImage: pingcap/tidb-backup-manager:v1.4.7
 
 #
 # Enable or disable tidb-operator features:
diff --git a/deploy/aliyun/variables.tf b/deploy/aliyun/variables.tf
index 798abfbc1f..6cf5a28937 100644
--- a/deploy/aliyun/variables.tf
+++ b/deploy/aliyun/variables.tf
@@ -10,7 +10,7 @@ variable "bastion_cpu_core_count" {
 
 variable "operator_version" {
   type    = string
-  default = "v1.4.6"
+  default = "v1.4.7"
 }
 
 variable "operator_helm_values" {
diff --git a/deploy/aws/variables.tf b/deploy/aws/variables.tf
index 7ac9358bd4..f37273f5a7 100644
--- a/deploy/aws/variables.tf
+++ b/deploy/aws/variables.tf
@@ -19,7 +19,7 @@ variable "eks_version" {
 
 variable "operator_version" {
   description = "TiDB operator version"
-  default     = "v1.4.6"
+  default     = "v1.4.7"
 }
 
 variable "operator_values" {
diff --git a/deploy/gcp/variables.tf b/deploy/gcp/variables.tf
index 326c9af919..48c66f5a5b 100644
--- a/deploy/gcp/variables.tf
+++ b/deploy/gcp/variables.tf
@@ -28,7 +28,7 @@ variable "tidb_version" {
 }
 
 variable "tidb_operator_version" {
-  default = "v1.4.6"
+  default = "v1.4.7"
 }
 
 variable "tidb_operator_chart_version" {
diff --git a/go.mod b/go.mod
index 8b05d9ecd9..644b2470ae 100644
--- a/go.mod
+++ b/go.mod
@@ -34,8 +34,8 @@ require (
 	github.com/pingcap/advanced-statefulset/client v1.17.1-0.20210831081013-d54ef54b2938
 	github.com/pingcap/errors v0.11.4
 	github.com/pingcap/kvproto v0.0.0-20200927054727-1290113160f0
-	github.com/pingcap/tidb-operator/pkg/apis v1.4.6
-	github.com/pingcap/tidb-operator/pkg/client v1.4.6
+	github.com/pingcap/tidb-operator/pkg/apis v1.4.7
+	github.com/pingcap/tidb-operator/pkg/client v1.4.7
 	github.com/prometheus/client_golang v1.7.1
 	github.com/prometheus/client_model v0.2.0
 	github.com/prometheus/common v0.26.0
diff --git a/hack/bump-version.sh b/hack/bump-version.sh
index fe77d03b92..de4d5bbf03 100755
--- a/hack/bump-version.sh
+++ b/hack/bump-version.sh
@@ -22,8 +22,8 @@ if [[ "$OSTYPE" == "darwin"* ]]; then
 fi
 
 # parameters
-OPERATOR_OLD="v1\.4\.5"
-OPERATOR_NEW="v1\.4\.6"
+OPERATOR_OLD="v1\.4\.6"
+OPERATOR_NEW="v1\.4\.7"
 TIDB_OLD="v6\.5\.0"
 TIDB_NEW="v7\.1\.0"
 DM_OLD="v6.5.0"
diff --git a/pkg/client/go.mod b/pkg/client/go.mod
index 365bf2e6af..f11b69ec52 100644
--- a/pkg/client/go.mod
+++ b/pkg/client/go.mod
@@ -3,7 +3,7 @@ module github.com/pingcap/tidb-operator/pkg/client
 go 1.19
 
 require (
-	github.com/pingcap/tidb-operator/pkg/apis v1.4.6
+	github.com/pingcap/tidb-operator/pkg/apis v1.4.7
 	k8s.io/apimachinery v0.19.16
 	k8s.io/client-go v0.19.16
 )