diff --git a/components/gradle.properties b/components/gradle.properties
index 4af5ff308b..b59c37819d 100644
--- a/components/gradle.properties
+++ b/components/gradle.properties
@@ -3,9 +3,9 @@ android.useAndroidX=true
 android.enableJetifier=true
 kotlin.code.style=official
 # __KOTLIN_COMPOSE_VERSION__
-kotlin.version=1.8.10
+kotlin.version=1.8.20
 # __LATEST_COMPOSE_RELEASE_VERSION__
-compose.version=1.3.1
+compose.version=1.4.0
 agp.version=7.3.1
 org.jetbrains.compose.experimental.jscanvas.enabled=true
 org.jetbrains.compose.experimental.macos.enabled=true
diff --git a/examples/chat/gradle.properties b/examples/chat/gradle.properties
index 4a9b1c5004..517f619720 100644
--- a/examples/chat/gradle.properties
+++ b/examples/chat/gradle.properties
@@ -13,4 +13,4 @@ kotlin.mpp.androidSourceSetLayoutVersion=2
 kotlin.native.binary.memoryModel=experimental
 kotlin.version=1.8.20
 agp.version=7.1.3
-compose.version=1.4.0-rc03
+compose.version=1.4.0
diff --git a/examples/codeviewer/gradle.properties b/examples/codeviewer/gradle.properties
index 4a9b1c5004..517f619720 100644
--- a/examples/codeviewer/gradle.properties
+++ b/examples/codeviewer/gradle.properties
@@ -13,4 +13,4 @@ kotlin.mpp.androidSourceSetLayoutVersion=2
 kotlin.native.binary.memoryModel=experimental
 kotlin.version=1.8.20
 agp.version=7.1.3
-compose.version=1.4.0-rc03
+compose.version=1.4.0
diff --git a/examples/falling-balls/gradle.properties b/examples/falling-balls/gradle.properties
index 4a9b1c5004..517f619720 100644
--- a/examples/falling-balls/gradle.properties
+++ b/examples/falling-balls/gradle.properties
@@ -13,4 +13,4 @@ kotlin.mpp.androidSourceSetLayoutVersion=2
 kotlin.native.binary.memoryModel=experimental
 kotlin.version=1.8.20
 agp.version=7.1.3
-compose.version=1.4.0-rc03
+compose.version=1.4.0
diff --git a/examples/imageviewer/gradle.properties b/examples/imageviewer/gradle.properties
index 797762305d..bd9fdada36 100644
--- a/examples/imageviewer/gradle.properties
+++ b/examples/imageviewer/gradle.properties
@@ -13,4 +13,4 @@ kotlin.native.useEmbeddableCompilerJar=true
 kotlin.native.binary.memoryModel=experimental
 kotlin.version=1.8.20
 agp.version=7.1.3
-compose.version=1.4.0-rc03
+compose.version=1.4.0
diff --git a/examples/intellij-plugin/gradle.properties b/examples/intellij-plugin/gradle.properties
index 130f9fa7ab..474df6e5ff 100644
--- a/examples/intellij-plugin/gradle.properties
+++ b/examples/intellij-plugin/gradle.properties
@@ -1,3 +1,3 @@
 kotlin.code.style=official
-kotlin.version=1.8.10
-compose.version=1.3.1
+kotlin.version=1.8.20
+compose.version=1.4.0
diff --git a/examples/issues/gradle.properties b/examples/issues/gradle.properties
index 57141b20aa..47de28a2b2 100644
--- a/examples/issues/gradle.properties
+++ b/examples/issues/gradle.properties
@@ -19,6 +19,6 @@ kotlin.code.style=official
 android.useAndroidX=true
 # Automatically convert third-party libraries to use AndroidX
 android.enableJetifier=true
-kotlin.version=1.8.10
+kotlin.version=1.8.20
 agp.version=7.1.3
-compose.version=1.3.1
+compose.version=1.4.0
diff --git a/examples/minesweeper/gradle.properties b/examples/minesweeper/gradle.properties
index 4a9b1c5004..517f619720 100644
--- a/examples/minesweeper/gradle.properties
+++ b/examples/minesweeper/gradle.properties
@@ -13,4 +13,4 @@ kotlin.mpp.androidSourceSetLayoutVersion=2
 kotlin.native.binary.memoryModel=experimental
 kotlin.version=1.8.20
 agp.version=7.1.3
-compose.version=1.4.0-rc03
+compose.version=1.4.0
diff --git a/examples/notepad/gradle.properties b/examples/notepad/gradle.properties
index 65e2e28bfe..07f4975408 100644
--- a/examples/notepad/gradle.properties
+++ b/examples/notepad/gradle.properties
@@ -1,4 +1,4 @@
 org.gradle.jvmargs=-Xmx2048m -Dfile.encoding=UTF-8
 kotlin.code.style=official
-kotlin.version=1.8.10
-compose.version=1.3.1
+kotlin.version=1.8.20
+compose.version=1.4.0
diff --git a/examples/todoapp-lite/gradle.properties b/examples/todoapp-lite/gradle.properties
index 4a9b1c5004..517f619720 100755
--- a/examples/todoapp-lite/gradle.properties
+++ b/examples/todoapp-lite/gradle.properties
@@ -13,4 +13,4 @@ kotlin.mpp.androidSourceSetLayoutVersion=2
 kotlin.native.binary.memoryModel=experimental
 kotlin.version=1.8.20
 agp.version=7.1.3
-compose.version=1.4.0-rc03
+compose.version=1.4.0
diff --git a/examples/todoapp/buildSrc/buildSrc/src/main/kotlin/Deps.kt b/examples/todoapp/buildSrc/buildSrc/src/main/kotlin/Deps.kt
index 3e959eec51..5743652321 100644
--- a/examples/todoapp/buildSrc/buildSrc/src/main/kotlin/Deps.kt
+++ b/examples/todoapp/buildSrc/buildSrc/src/main/kotlin/Deps.kt
@@ -89,7 +89,7 @@ object Deps {
 
     object Squareup {
         object SQLDelight {
-            private const val VERSION = "1.5.3"
+            private const val VERSION = "1.5.5"
 
             const val gradlePlugin = "com.squareup.sqldelight:gradle-plugin:$VERSION"
             const val androidDriver = "com.squareup.sqldelight:android-driver:$VERSION"
diff --git a/examples/todoapp/buildSrc/gradle.properties b/examples/todoapp/buildSrc/gradle.properties
index b1ad58902d..3e039f1f4d 100755
--- a/examples/todoapp/buildSrc/gradle.properties
+++ b/examples/todoapp/buildSrc/gradle.properties
@@ -1,3 +1,3 @@
 # TODO can we get rid of duplication with root gradle.properties?
-kotlin.version=1.7.10
-compose.version=1.4.0-rc01
\ No newline at end of file
+kotlin.version=1.8.20
+compose.version=1.4.0
\ No newline at end of file
diff --git a/examples/todoapp/gradle.properties b/examples/todoapp/gradle.properties
index 53dc9d5050..04fd0babcd 100755
--- a/examples/todoapp/gradle.properties
+++ b/examples/todoapp/gradle.properties
@@ -27,5 +27,5 @@ kotlin.native.disableCompilerDaemon=true
 # After updating Compose Multiplatform version, update corresponding Jetpack Compose versions
 # in Android module (search "Workaround for https://github.com/JetBrains/compose-jb/issues/2340")
 #TODO also change version in buildSrc/gradle.properties
-kotlin.version=1.8.10
-compose.version=1.4.0-rc01
+kotlin.version=1.8.20
+compose.version=1.4.0
diff --git a/examples/visual-effects/gradle.properties b/examples/visual-effects/gradle.properties
index d9e5c20a73..cad8e0734a 100644
--- a/examples/visual-effects/gradle.properties
+++ b/examples/visual-effects/gradle.properties
@@ -13,4 +13,4 @@ kotlin.native.useEmbeddableCompilerJar=true
 kotlin.native.binary.memoryModel=experimental
 kotlin.version=1.8.20
 agp.version=7.1.3
-compose.version=1.4.0-rc03
+compose.version=1.4.0
diff --git a/examples/web-compose-bird/gradle.properties b/examples/web-compose-bird/gradle.properties
index 130f9fa7ab..474df6e5ff 100644
--- a/examples/web-compose-bird/gradle.properties
+++ b/examples/web-compose-bird/gradle.properties
@@ -1,3 +1,3 @@
 kotlin.code.style=official
-kotlin.version=1.8.10
-compose.version=1.3.1
+kotlin.version=1.8.20
+compose.version=1.4.0
diff --git a/examples/web-compose-in-js/gradle.properties b/examples/web-compose-in-js/gradle.properties
index f4481ccc00..d33e722294 100644
--- a/examples/web-compose-in-js/gradle.properties
+++ b/examples/web-compose-in-js/gradle.properties
@@ -2,5 +2,5 @@ kotlin.code.style=official
 kotlin.mpp.enableGranularSourceSetsMetadata=true
 kotlin.native.enableDependencyPropagation=false
 kotlin.js.webpack.major.version=4
-kotlin.version=1.8.10
-compose.version=1.3.1
+kotlin.version=1.8.20
+compose.version=1.4.0
diff --git a/examples/web-landing/gradle.properties b/examples/web-landing/gradle.properties
index 130f9fa7ab..474df6e5ff 100644
--- a/examples/web-landing/gradle.properties
+++ b/examples/web-landing/gradle.properties
@@ -1,3 +1,3 @@
 kotlin.code.style=official
-kotlin.version=1.8.10
-compose.version=1.3.1
+kotlin.version=1.8.20
+compose.version=1.4.0
diff --git a/examples/web-with-react/gradle.properties b/examples/web-with-react/gradle.properties
index 130f9fa7ab..474df6e5ff 100644
--- a/examples/web-with-react/gradle.properties
+++ b/examples/web-with-react/gradle.properties
@@ -1,3 +1,3 @@
 kotlin.code.style=official
-kotlin.version=1.8.10
-compose.version=1.3.1
+kotlin.version=1.8.20
+compose.version=1.4.0
diff --git a/examples/widgets-gallery/gradle.properties b/examples/widgets-gallery/gradle.properties
index 4a9b1c5004..517f619720 100644
--- a/examples/widgets-gallery/gradle.properties
+++ b/examples/widgets-gallery/gradle.properties
@@ -13,4 +13,4 @@ kotlin.mpp.androidSourceSetLayoutVersion=2
 kotlin.native.binary.memoryModel=experimental
 kotlin.version=1.8.20
 agp.version=7.1.3
-compose.version=1.4.0-rc03
+compose.version=1.4.0
diff --git a/gradle-plugins/gradle.properties b/gradle-plugins/gradle.properties
index 3bb017858a..eec52b8866 100644
--- a/gradle-plugins/gradle.properties
+++ b/gradle-plugins/gradle.properties
@@ -2,7 +2,7 @@ org.gradle.parallel=true
 kotlin.code.style=official
 
 # Default version of Compose Libraries used by Gradle plugin
-compose.version=1.4.0-rc03
+compose.version=1.4.0
 # The latest version of Compose Compiler used by Gradle plugin. Used only in tests/CI.
 compose.tests.compiler.version=1.4.5
 # The latest version of Kotlin compatible with compose.tests.compiler.version. Used only in tests/CI.
diff --git a/templates/desktop-template/gradle.properties b/templates/desktop-template/gradle.properties
index 65e2e28bfe..07f4975408 100644
--- a/templates/desktop-template/gradle.properties
+++ b/templates/desktop-template/gradle.properties
@@ -1,4 +1,4 @@
 org.gradle.jvmargs=-Xmx2048m -Dfile.encoding=UTF-8
 kotlin.code.style=official
-kotlin.version=1.8.10
-compose.version=1.3.1
+kotlin.version=1.8.20
+compose.version=1.4.0
diff --git a/templates/multiplatform-template/gradle.properties b/templates/multiplatform-template/gradle.properties
index b6b0366ce2..478e86d36f 100644
--- a/templates/multiplatform-template/gradle.properties
+++ b/templates/multiplatform-template/gradle.properties
@@ -2,6 +2,6 @@ org.gradle.jvmargs=-Xmx2048m -Dfile.encoding=UTF-8
 android.useAndroidX=true
 android.enableJetifier=true
 kotlin.code.style=official
-kotlin.version=1.8.10
+kotlin.version=1.8.20
 agp.version=7.1.3
-compose.version=1.3.1
+compose.version=1.4.0
diff --git a/templates/web-template/gradle.properties b/templates/web-template/gradle.properties
index 65e2e28bfe..07f4975408 100644
--- a/templates/web-template/gradle.properties
+++ b/templates/web-template/gradle.properties
@@ -1,4 +1,4 @@
 org.gradle.jvmargs=-Xmx2048m -Dfile.encoding=UTF-8
 kotlin.code.style=official
-kotlin.version=1.8.10
-compose.version=1.3.1
+kotlin.version=1.8.20
+compose.version=1.4.0