diff --git a/_service b/_service
index a0d4b03..70cfa68 100644
--- a/_service
+++ b/_service
@@ -2,7 +2,7 @@
 	<service name="tar_scm" mode="manual">
 		<param name="scm">git</param>
 		<param name="url">https://git.libcamera.org/libcamera/libcamera.git</param>
-		<param name="revision">refs/tags/v0.3.2</param>
+		<param name="revision">refs/tags/v0.4.0</param>
 		<param name="versionformat">@PARENT_TAG@</param>
 		<param name="versionrewrite-pattern">v([0-9\.]*)</param>
 	</service>
diff --git a/libcamera-0.3.2.tar.xz b/libcamera-0.3.2.tar.xz
deleted file mode 100644
index bb6b491..0000000
--- a/libcamera-0.3.2.tar.xz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:7dfd005e592cc3db102f974f06719157c9410476c1f5c57c4602390ce5fa4605
-size 1159524
diff --git a/libcamera-0.4.0.tar.xz b/libcamera-0.4.0.tar.xz
new file mode 100644
index 0000000..e0da004
--- /dev/null
+++ b/libcamera-0.4.0.tar.xz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:735327c80d8363761c5297b4d6ba8ba17d60ee5ac05c67b3a087adcad626119b
+size 1208712
diff --git a/libcamera.changes b/libcamera.changes
index 2928215..380fbc3 100644
--- a/libcamera.changes
+++ b/libcamera.changes
@@ -1,3 +1,39 @@
+-------------------------------------------------------------------
+Mon Dec 23 21:51:19 UTC 2024 - Antonio Larrosa <alarrosa@suse.com>
+
+- Update to release 0.4.0
+  * The abi-compliance-checker reports that there is both ABI and
+    API breakage in this release.
+  * The majority of the ABI breakages are around the public API for
+    Control handling and definitions, which have caused underlying
+    identifiers to be changed, and the reuqired storage for
+    controls has increased.
+  * This release brings in 253 commits, with substantial
+    development on image control and tuning features for IPA and
+    Pipeline handlers supporting libipa, as well as integrating
+    libipa support for IPA handling on the ARM Mali-C55 ISP.
+  * A new 'Virtual Pipeline Handler' has been introduced to support
+    more testing in CI and virtual environments.
+  * Gstreamer has had some interesting development to rework
+    expressing the full control set from libcamera using auto
+    generation from the full control descriptors.
+  * A key and notable change in this release too is that the
+    softISP is now moving towards utilising the libipa
+    implementaitons which will enable future tuning and image
+    control capabilities, and should also support future
+    development on a GPU-ISP implementation for GPU-accelerated
+    handling. I do believe this work may have introduced an
+    oscillation regression in the AEGC which will need to be
+    investigated and fixed in the near future, but I don't want to
+    hold up progressing the ABI updates at this stage.
+  * The i.MX8MP can now make full use of the DW100 Dewarp Engine
+    for full rotation and digital zoom capabilities.
+  * Raspberry Pi systems now have improved support for the OV7251,
+    IMX462, and IMX327 Sensors, and libipa platforms can now make
+    use of the GalaxyCore gc05a2 and gc08a3 Image sensors.
+  * For a full list of changes, please see:
+    https://git.libcamera.org/libcamera/libcamera.git/commit/?id=35ed4b91291d9f3d08e4b51acfb51163e65df8f8
+
 -------------------------------------------------------------------
 Sat Oct 19 17:05:03 UTC 2024 - Jan Engelhardt <jengelh@inai.de>
 
diff --git a/libcamera.spec b/libcamera.spec
index bc90e9e..e4fc1c8 100644
--- a/libcamera.spec
+++ b/libcamera.spec
@@ -16,15 +16,15 @@
 #
 
 
-%define lname       libcamera0_3
-%define lname_base  libcamera-base0_3
+%define lname       libcamera0_4
+%define lname_base  libcamera-base0_4
 %if "@BUILD_FLAVOR@" != ""
 %define extname -@BUILD_FLAVOR@
 %else
 %define extname %nil
 %endif
 Name:           libcamera%extname
-Version:        0.3.2
+Version:        0.4.0
 Release:        0
 Summary:        A complex camera support library in C++
 License:        GPL-2.0-or-later AND LGPL-2.1-or-later AND CC-BY-SA-4.0