diff --git a/ci/compose-uber-jar/gradle.properties b/ci/compose-uber-jar/gradle.properties
index 7acfdd8300..cd27ceed1f 100644
--- a/ci/compose-uber-jar/gradle.properties
+++ b/ci/compose-uber-jar/gradle.properties
@@ -1,3 +1,3 @@
 # __LATEST_COMPOSE_RELEASE_VERSION__
-compose.version=0.3.2
+compose.version=0.4.0-build180
 kotlin.code.style=official
diff --git a/components/build.gradle.kts b/components/build.gradle.kts
index f06d658904..33aa8d6d3b 100644
--- a/components/build.gradle.kts
+++ b/components/build.gradle.kts
@@ -1,6 +1,6 @@
 buildscript {
     // __LATEST_COMPOSE_RELEASE_VERSION__
-    val composeVersion = System.getenv("COMPOSE_RELEASE_VERSION") ?: "0.3.2"
+    val composeVersion = System.getenv("COMPOSE_RELEASE_VERSION") ?: "0.4.0-build180"
 
     repositories {
         google()
@@ -11,7 +11,7 @@ buildscript {
     dependencies {
         classpath("org.jetbrains.compose:compose-gradle-plugin:$composeVersion")
         // __KOTLIN_COMPOSE_VERSION__
-        classpath(kotlin("gradle-plugin", version = "1.4.31"))
+        classpath(kotlin("gradle-plugin", version = "1.4.32"))
     }
 }
 
diff --git a/examples/codeviewer/build.gradle.kts b/examples/codeviewer/build.gradle.kts
index 047d80a245..de6fd4a6fa 100644
--- a/examples/codeviewer/build.gradle.kts
+++ b/examples/codeviewer/build.gradle.kts
@@ -9,7 +9,7 @@ buildscript {
 
     dependencies {
         // __LATEST_COMPOSE_RELEASE_VERSION__
-        classpath("org.jetbrains.compose:compose-gradle-plugin:0.4.0-build179")
+        classpath("org.jetbrains.compose:compose-gradle-plugin:0.4.0-build180")
         classpath("com.android.tools.build:gradle:4.0.1")
          // __KOTLIN_COMPOSE_VERSION__
         classpath(kotlin("gradle-plugin", version = "1.4.32"))
diff --git a/examples/falling_balls/build.gradle.kts b/examples/falling_balls/build.gradle.kts
index b8c0b4753d..e2862036d7 100644
--- a/examples/falling_balls/build.gradle.kts
+++ b/examples/falling_balls/build.gradle.kts
@@ -4,9 +4,9 @@ import org.jetbrains.kotlin.gradle.tasks.KotlinCompile
 
 plugins {
     // __KOTLIN_COMPOSE_VERSION__
-    kotlin("jvm") version "1.4.31"
+    kotlin("jvm") version "1.4.32"
     // __LATEST_COMPOSE_RELEASE_VERSION__
-    id("org.jetbrains.compose") version "0.3.2"
+    id("org.jetbrains.compose") version "0.4.0-build180"
 }
 
 group = "me.user"
diff --git a/examples/imageviewer/build.gradle.kts b/examples/imageviewer/build.gradle.kts
index fdd6f28481..1ba21ba49c 100755
--- a/examples/imageviewer/build.gradle.kts
+++ b/examples/imageviewer/build.gradle.kts
@@ -11,10 +11,10 @@ buildscript {
 
     dependencies {
         // __LATEST_COMPOSE_RELEASE_VERSION__
-        classpath("org.jetbrains.compose:compose-gradle-plugin:0.3.2")
+        classpath("org.jetbrains.compose:compose-gradle-plugin:0.4.0-build180")
         classpath("com.android.tools.build:gradle:4.0.1")
         // __KOTLIN_COMPOSE_VERSION__
-        classpath(kotlin("gradle-plugin", version = "1.4.31"))
+        classpath(kotlin("gradle-plugin", version = "1.4.32"))
     }
 }
 
diff --git a/examples/intelliJPlugin/build.gradle.kts b/examples/intelliJPlugin/build.gradle.kts
index c30357e7d0..d07128ca5b 100644
--- a/examples/intelliJPlugin/build.gradle.kts
+++ b/examples/intelliJPlugin/build.gradle.kts
@@ -3,9 +3,9 @@ import org.jetbrains.compose.compose
 plugins {
     id("org.jetbrains.intellij") version "0.6.5"
     java
-    kotlin("jvm") version "1.4.31"
+    kotlin("jvm") version "1.4.32"
     // __LATEST_COMPOSE_RELEASE_VERSION__
-    id("org.jetbrains.compose") version "0.3.2"
+    id("org.jetbrains.compose") version "0.4.0-build180"
 }
 
 group = "org.example"
diff --git a/examples/issues/build.gradle.kts b/examples/issues/build.gradle.kts
index c87ae3a8d5..43f5e2f6d4 100644
--- a/examples/issues/build.gradle.kts
+++ b/examples/issues/build.gradle.kts
@@ -9,10 +9,10 @@ buildscript {
 
     dependencies {
         // __LATEST_COMPOSE_RELEASE_VERSION__
-        classpath("org.jetbrains.compose:compose-gradle-plugin:0.3.2")
+        classpath("org.jetbrains.compose:compose-gradle-plugin:0.4.0-build180")
         classpath("com.android.tools.build:gradle:4.0.1")
         // __KOTLIN_COMPOSE_VERSION__
-        classpath(kotlin("gradle-plugin", version = "1.4.31"))
+        classpath(kotlin("gradle-plugin", version = "1.4.32"))
     }
 }
 
diff --git a/examples/todoapp/buildSrc/buildSrc/src/main/kotlin/Deps.kt b/examples/todoapp/buildSrc/buildSrc/src/main/kotlin/Deps.kt
index 6e96136abb..d7c7735660 100644
--- a/examples/todoapp/buildSrc/buildSrc/src/main/kotlin/Deps.kt
+++ b/examples/todoapp/buildSrc/buildSrc/src/main/kotlin/Deps.kt
@@ -3,7 +3,7 @@ object Deps {
     object JetBrains {
         object Kotlin {
             // __KOTLIN_COMPOSE_VERSION__
-            private const val VERSION = "1.4.31"
+            private const val VERSION = "1.4.32"
             const val gradlePlugin = "org.jetbrains.kotlin:kotlin-gradle-plugin:$VERSION"
             const val testCommon = "org.jetbrains.kotlin:kotlin-test-common:$VERSION"
             const val testJunit = "org.jetbrains.kotlin:kotlin-test-junit:$VERSION"
@@ -12,7 +12,7 @@ object Deps {
 
         object Compose {
             // __LATEST_COMPOSE_RELEASE_VERSION__
-            private const val VERSION = "0.3.2"
+            private const val VERSION = "0.4.0-build180"
             const val gradlePlugin = "org.jetbrains.compose:compose-gradle-plugin:$VERSION"
         }
     }
@@ -49,7 +49,7 @@ object Deps {
         }
 
         object Decompose {
-            private const val VERSION = "0.2.0"
+            private const val VERSION = "0.2.1"
             const val decompose = "com.arkivanov.decompose:decompose:$VERSION"
             const val decomposeIosX64 = "com.arkivanov.decompose:decompose-iosx64:$VERSION"
             const val decomposeIosArm64 = "com.arkivanov.decompose:decompose-iosarm64:$VERSION"
diff --git a/examples/widgetsgallery/build.gradle.kts b/examples/widgetsgallery/build.gradle.kts
index f1e87b608e..14436f4aa0 100644
--- a/examples/widgetsgallery/build.gradle.kts
+++ b/examples/widgetsgallery/build.gradle.kts
@@ -9,10 +9,10 @@ buildscript {
 
     dependencies {
         // __LATEST_COMPOSE_RELEASE_VERSION__
-        classpath("org.jetbrains.compose:compose-gradle-plugin:0.3.2")
+        classpath("org.jetbrains.compose:compose-gradle-plugin:0.4.0-build180")
         classpath("com.android.tools.build:gradle:4.0.1")
         // __KOTLIN_COMPOSE_VERSION__
-        classpath(kotlin("gradle-plugin", version = "1.4.31"))
+        classpath(kotlin("gradle-plugin", version = "1.4.32"))
     }
 }
 
diff --git a/gradle-plugins/build.gradle.kts b/gradle-plugins/build.gradle.kts
index 6ad3a2b4d5..7192796902 100644
--- a/gradle-plugins/build.gradle.kts
+++ b/gradle-plugins/build.gradle.kts
@@ -2,7 +2,7 @@ import com.gradle.publish.PluginBundleExtension
 
 plugins {
     // __KOTLIN_COMPOSE_VERSION__
-    kotlin("jvm") version "1.4.31" apply false
+    kotlin("jvm") version "1.4.32" apply false
     id("com.gradle.plugin-publish") version "0.10.1" apply false
     id("de.fuerstenau.buildconfig") version "1.1.8" apply false
 }
diff --git a/gradle-plugins/compose/src/test/kotlin/org/jetbrains/compose/test/TestKotlinVersion.kt b/gradle-plugins/compose/src/test/kotlin/org/jetbrains/compose/test/TestKotlinVersion.kt
index 39ba1edbeb..a5dfadaead 100644
--- a/gradle-plugins/compose/src/test/kotlin/org/jetbrains/compose/test/TestKotlinVersion.kt
+++ b/gradle-plugins/compose/src/test/kotlin/org/jetbrains/compose/test/TestKotlinVersion.kt
@@ -8,6 +8,6 @@ package org.jetbrains.compose.test
 @Suppress("EnumEntryName")
 enum class TestKotlinVersion(val versionString: String) {
     // __KOTLIN_COMPOSE_VERSION__
-    Default("1.4.31"),
+    Default("1.4.32"),
     V1_5_20_dev_3226("1.5.20-dev-3226")
 }
\ No newline at end of file
diff --git a/gradle-plugins/gradle.properties b/gradle-plugins/gradle.properties
index 851185621c..3e0e742a58 100644
--- a/gradle-plugins/gradle.properties
+++ b/gradle-plugins/gradle.properties
@@ -6,7 +6,7 @@ kotlin.code.style=official
 # unless overridden by COMPOSE_GRADLE_PLUGIN_COMPOSE_VERSION env var.
 #
 # __LATEST_COMPOSE_RELEASE_VERSION__
-compose.version=0.3.2
+compose.version=0.4.0-build180
 
 # A version of Gradle plugin, that will be published,
 # unless overridden by COMPOSE_GRADLE_PLUGIN_VERSION env var.
diff --git a/idea-plugin/build.gradle.kts b/idea-plugin/build.gradle.kts
index 0350a2d6a1..951d9a7e94 100644
--- a/idea-plugin/build.gradle.kts
+++ b/idea-plugin/build.gradle.kts
@@ -2,7 +2,7 @@ import org.jetbrains.kotlin.gradle.dsl.KotlinJvmCompile
 
 plugins {
     id("java")
-    id("org.jetbrains.kotlin.jvm") version "1.4.31"
+    id("org.jetbrains.kotlin.jvm") version "1.4.32"
     id("org.jetbrains.intellij") version "0.7.2"
     id("org.jetbrains.changelog") version "1.1.2"
 }
@@ -27,7 +27,7 @@ intellij {
     setPlugins(
         "java",
         "com.intellij.gradle",
-        "org.jetbrains.kotlin:203-1.4.31-release-IJ7148.5"
+        "org.jetbrains.kotlin:203-1.4.32-release-IJ7148.5"
     )
 }
 
diff --git a/templates/desktop-template/build.gradle.kts b/templates/desktop-template/build.gradle.kts
index 7db7071c11..54b5b5580d 100644
--- a/templates/desktop-template/build.gradle.kts
+++ b/templates/desktop-template/build.gradle.kts
@@ -5,7 +5,7 @@ plugins {
     // __KOTLIN_COMPOSE_VERSION__
     kotlin("jvm") version "1.4.32"
     // __LATEST_COMPOSE_RELEASE_VERSION__
-    id("org.jetbrains.compose") version (System.getenv("COMPOSE_TEMPLATE_COMPOSE_VERSION") ?: "0.4.0-build179")
+    id("org.jetbrains.compose") version (System.getenv("COMPOSE_TEMPLATE_COMPOSE_VERSION") ?: "0.4.0-build180")
 }
 
 repositories {
diff --git a/templates/multiplatform-template/build.gradle.kts b/templates/multiplatform-template/build.gradle.kts
index d7cc46c635..0e40083cc1 100644
--- a/templates/multiplatform-template/build.gradle.kts
+++ b/templates/multiplatform-template/build.gradle.kts
@@ -1,6 +1,6 @@
 buildscript {
     // __LATEST_COMPOSE_RELEASE_VERSION__
-    val composeVersion = System.getenv("COMPOSE_TEMPLATE_COMPOSE_VERSION") ?: "0.4.0-build179"
+    val composeVersion = System.getenv("COMPOSE_TEMPLATE_COMPOSE_VERSION") ?: "0.4.0-build180"
 
     repositories {
         // TODO: remove after new build is published
diff --git a/tools/replace.sh b/tools/replace.sh
index d21d4feddd..580b080fa5 100755
--- a/tools/replace.sh
+++ b/tools/replace.sh
@@ -1,11 +1,11 @@
 #!/bin/bash
 ROOT="$( cd "$( dirname "${BASH_SOURCE[0]}" )" >/dev/null 2>&1 && pwd )"/..
-COMPOSE_OLDVER=0.3.1
-COMPOSE_NEWVER=0.3.2
+COMPOSE_OLDVER=0.3.2
+COMPOSE_NEWVER=0.4.0-build180
 find -E $ROOT  -regex '.*\.(kts|properties|kt)' -exec sed -i '' -e "s/$COMPOSE_OLDVER/$COMPOSE_NEWVER/g" {} \;
 APPCOMPAT_OLDVER=1.1.0
 APPCOMPAT_NEWVER=1.3.0-beta01
 find -E $ROOT  -regex '.*\.(kts|properties|kt)' -exec sed -i '' -e "s/$APPCOMPAT_OLDVER/$APPCOMPAT_NEWVER/g" {} \;
-KOTLIN_OLDVER=1.4.30
-KOTLIN_NEWVER=1.4.31
+KOTLIN_OLDVER=1.4.31
+KOTLIN_NEWVER=1.4.32
 find -E $ROOT  -regex '.*\.(kts|properties|kt)' -exec sed -i '' -e "s/$KOTLIN_OLDVER/$KOTLIN_NEWVER/g" {} \;