diff --git a/gutenberg.php b/gutenberg.php
index 3aa79859396ab..2c86d0252ba3f 100644
--- a/gutenberg.php
+++ b/gutenberg.php
@@ -5,7 +5,7 @@
  * Description: Printing since 1440. This is the development plugin for the new block editor in core.
  * Requires at least: 5.6
  * Requires PHP: 5.6
- * Version: 10.3.1
+ * Version: 10.3.0
  * Author: Gutenberg Team
  * Text Domain: gutenberg
  *
diff --git a/package-lock.json b/package-lock.json
index 0602f3984ea00..7dadd77c0f81e 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,6 +1,6 @@
 {
 	"name": "gutenberg",
-	"version": "10.3.1",
+	"version": "10.3.0",
 	"lockfileVersion": 1,
 	"requires": true,
 	"dependencies": {
diff --git a/package.json b/package.json
index 1d42259d59ab1..69a558e90fb10 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "gutenberg",
-	"version": "10.3.1",
+	"version": "10.3.0",
 	"private": true,
 	"description": "A new WordPress editor experience.",
 	"author": "The WordPress Contributors",
diff --git a/readme.txt b/readme.txt
index 55143c81c6ddd..f18e4630ba445 100644
--- a/readme.txt
+++ b/readme.txt
@@ -55,4 +55,4 @@ View <a href="https://developer.wordpress.org/block-editor/principles/versions-i
 
 == Changelog ==
 
-To read the changelog for Gutenberg 10.3.1, please navigate to the <a href="https://github.com/WordPress/gutenberg/releases/tag/v10.3.1">release page</a>.
+To read the changelog for Gutenberg 10.3.0, please navigate to the <a href="https://github.com/WordPress/gutenberg/releases/tag/v10.3.0">release page</a>.