diff --git a/hack/component-versions.json b/hack/component-versions.json
index 448d8caf1b..3e8b82d06d 100644
--- a/hack/component-versions.json
+++ b/hack/component-versions.json
@@ -1,6 +1,6 @@
 {
 	"Contour": {
-		"version": "v1.20.0",
+		"version": "v1.20.1",
 		"owner": "knative-extensions",
 		"repo": "net-contour"
 	},
diff --git a/hack/component-versions.sh b/hack/component-versions.sh
index 4da1a0a7a9..8bc2ebeb96 100644
--- a/hack/component-versions.sh
+++ b/hack/component-versions.sh
@@ -13,7 +13,7 @@ set_versions() {
 	# find source-of-truth in component-versions.json to add/modify components
 	knative_serving_version="v1.20.1"
 	knative_eventing_version="v1.20.0"
-	contour_version="v1.20.0"
+	contour_version="v1.20.1"
 	tekton_version="v1.1.0"
 	pac_version="v0.35.2"
 }