diff --git a/Libraries/Core/ReactNativeVersion.js b/Libraries/Core/ReactNativeVersion.js
index 2d6dbbded9b172..7c3233e5650920 100644
--- a/Libraries/Core/ReactNativeVersion.js
+++ b/Libraries/Core/ReactNativeVersion.js
@@ -13,5 +13,5 @@ exports.version = {
   major: 0,
   minor: 56,
   patch: 0,
-  prerelease: 'rc.2',
+  prerelease: 'rc.3',
 };
diff --git a/React/Base/RCTVersion.m b/React/Base/RCTVersion.m
index d78dbcb6ad3664..142793555ded83 100644
--- a/React/Base/RCTVersion.m
+++ b/React/Base/RCTVersion.m
@@ -23,7 +23,7 @@ static void __makeVersion()
                   RCTVersionMajor: @(0),
                   RCTVersionMinor: @(56),
                   RCTVersionPatch: @(0),
-                  RCTVersionPrerelease: @"rc.2",
+                  RCTVersionPrerelease: @"rc.3",
                   };
 }
 
diff --git a/ReactAndroid/gradle.properties b/ReactAndroid/gradle.properties
index 9312386ba859fb..e77d4d6ff97053 100644
--- a/ReactAndroid/gradle.properties
+++ b/ReactAndroid/gradle.properties
@@ -1,4 +1,4 @@
-VERSION_NAME=0.56.0-rc.2
+VERSION_NAME=0.56.0-rc.3
 GROUP=com.facebook.react
 
 POM_NAME=ReactNative
diff --git a/ReactAndroid/src/main/java/com/facebook/react/modules/systeminfo/ReactNativeVersion.java b/ReactAndroid/src/main/java/com/facebook/react/modules/systeminfo/ReactNativeVersion.java
index 4f82650fcbe83c..546c038007d4d7 100644
--- a/ReactAndroid/src/main/java/com/facebook/react/modules/systeminfo/ReactNativeVersion.java
+++ b/ReactAndroid/src/main/java/com/facebook/react/modules/systeminfo/ReactNativeVersion.java
@@ -18,5 +18,5 @@ public class ReactNativeVersion {
       "major", 0,
       "minor", 56,
       "patch", 0,
-      "prerelease", "rc.2");
+      "prerelease", "rc.3");
 }
diff --git a/package.json b/package.json
index 981accffc6d628..33b02bd26c50bf 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "react-native",
-  "version": "0.56.0-rc.2",
+  "version": "0.56.0-rc.3",
   "description": "A framework for building native apps using React",
   "license": "MIT",
   "repository": {