diff --git a/gitops/components/kubevirt/kustomize/kustomization.yaml b/gitops/components/kubevirt/kustomize/kustomization.yaml
index 26ffbbd..5f9b779 100644
--- a/gitops/components/kubevirt/kustomize/kustomization.yaml
+++ b/gitops/components/kubevirt/kustomize/kustomization.yaml
@@ -2,14 +2,14 @@ apiVersion: kustomize.config.k8s.io/v1beta1
 kind: Kustomization
 
 resources:
-  - https://github.com/kubevirt/kubevirt/releases/download/v1.1.1/kubevirt-cr.yaml
-  - https://github.com/kubevirt/containerized-data-importer/releases/download/v1.58.0/cdi-cr.yaml
+  - https://github.com/kubevirt/kubevirt/releases/download/v1.2.0/kubevirt-cr.yaml
+  - https://github.com/kubevirt/containerized-data-importer/releases/download/v1.58.1/cdi-cr.yaml
   - ../operators-crds
 
 images:
-  - name: quay.io/kubevirt/virt-operator:v1.1.1
+  - name: quay.io/kubevirt/virt-operator:v1.2.0
     newName: ghcr.io/chomatdam/kubevirt/virt-operator
-    newTag: 1.1-modified
+    newTag: 1.2.0-modified
 
 patches:
   - target:
@@ -42,4 +42,4 @@ patches:
     patch: |-
       - op: replace
         path: /spec/template/spec/containers/0/env/0/value
-        value: ghcr.io/chomatdam/kubevirt/virt-operator:1.1-modified
+        value: ghcr.io/chomatdam/kubevirt/virt-operator:1.2.0-modified
diff --git a/gitops/components/kubevirt/operators-crds/kustomization.yaml b/gitops/components/kubevirt/operators-crds/kustomization.yaml
index e255dc8..a9da13e 100644
--- a/gitops/components/kubevirt/operators-crds/kustomization.yaml
+++ b/gitops/components/kubevirt/operators-crds/kustomization.yaml
@@ -2,8 +2,8 @@ apiVersion: kustomize.config.k8s.io/v1beta1
 kind: Kustomization
 
 resources:
-  - https://github.com/kubevirt/kubevirt/releases/download/v1.1.1/kubevirt-operator.yaml
-  - https://github.com/kubevirt/containerized-data-importer/releases/download/v1.58.0/cdi-operator.yaml
+  - https://github.com/kubevirt/kubevirt/releases/download/v1.2.0/kubevirt-operator.yaml
+  - https://github.com/kubevirt/containerized-data-importer/releases/download/v1.58.1/cdi-operator.yaml
 
 commonAnnotations:
   argocd.argoproj.io/sync-wave: "-10"