diff --git a/version.go b/version.go
index 054caa4..50d56b6 100644
--- a/version.go
+++ b/version.go
@@ -364,3 +364,37 @@ func (v Version) CompareSeries(w Version) int {
 func (v Version) AtLeast(w Version) bool {
 	return v.Compare(w) >= 0
 }
+
+// IncPatch returns a new version with the patch number incremented by 1.
+// This method returns an error if the version is not a stable version.
+func (v Version) IncPatch() (Version, error) {
+	if v.phase != stable {
+		return Version{}, fmt.Errorf("version %s is not a stable version", v.String())
+	}
+	nextVersion := Version{
+		phase:   v.phase,
+		year:    v.year,
+		ordinal: v.ordinal,
+		patch:   v.patch + 1,
+	}
+	nextVersion.raw = nextVersion.Format("v%X.%Y.%Z")
+	return nextVersion, nil
+}
+
+// IncPreRelease returns a new version with the pre-release part incremented by 1.
+// This method returns an error if the version is not a pre-release.
+func (v Version) IncPreRelease() (Version, error) {
+	if !(v.IsPrerelease()) {
+		return Version{}, errors.New("version is not a prerelease")
+	}
+	nextVersion := Version{
+		raw:          v.raw,
+		phase:        v.phase,
+		year:         v.year,
+		ordinal:      v.ordinal,
+		patch:        v.patch,
+		phaseOrdinal: v.phaseOrdinal + 1,
+	}
+	nextVersion.raw = nextVersion.Format("v%X.%Y.%Z-%P.%o")
+	return nextVersion, nil
+}
diff --git a/version_test.go b/version_test.go
index 14ef93b..7baa926 100644
--- a/version_test.go
+++ b/version_test.go
@@ -662,3 +662,66 @@ func TestScan(t *testing.T) {
 	err = v.Scan(123) // or any other type
 	require.ErrorContains(t, err, "cannot convert int to Version")
 }
+
+func TestIncPatch(t *testing.T) {
+	testCases := []struct {
+		currentVersion string
+		nextVersion    string
+		expectError    bool
+	}{
+		{"v21.2.0-alpha.1", "", true},
+		{"v21.1.0-beta.3", "", true},
+		{"v21.1.0-rc.3", "", true},
+		{"v21.1.0-rc.3-cloudonly.1", "", true},
+		{"v21.1.0-customLabel", "", true},
+		{"v21.1.0-cloudonly.3", "", true},
+		{"v20.2.7", "v20.2.8", false},
+		{"v21.1.2", "v21.1.3", false},
+		{"v21.1.3", "v21.1.4", false},
+		{"v20.2.11", "v20.2.12", false},
+		{"v21.1.0", "v21.1.1", false},
+	}
+	for i, tc := range testCases {
+		t.Run(fmt.Sprintf("Version.IncPatch #%d: %s -> %s", i, tc.currentVersion, tc.nextVersion), func(t *testing.T) {
+			a := MustParse(tc.currentVersion)
+			b, err := a.IncPatch()
+			if tc.expectError {
+				require.Error(t, err)
+				return
+			}
+			require.NoError(t, err)
+			require.Equal(t, MustParse(tc.nextVersion), b)
+		})
+	}
+}
+
+func TestIncPreRelease(t *testing.T) {
+	testCases := []struct {
+		currentVersion string
+		nextVersion    string
+		expectError    bool
+	}{
+		{"v21.2.0-alpha.1", "v21.2.0-alpha.2", false},
+		{"v21.1.0-beta.3", "v21.1.0-beta.4", false},
+		{"v21.1.0-rc.3", "v21.1.0-rc.4", false},
+		{"v21.1.0-cloudonly.1", "", true},
+		{"v21.1.0", "", true},
+		{"v21.1.8", "", true},
+		{"v26.4.8", "", true},
+		{"v21.1.0-customLabel", "", true},
+		{"v21.1.0-1-g9cbe7c5281", "", true},
+		{"v21.1.0-1-g9cbe7c5281-customLabel", "", true},
+	}
+	for i, tc := range testCases {
+		t.Run(fmt.Sprintf("Version.IncPhaseOrdinal #%d: %s -> %s", i, tc.currentVersion, tc.nextVersion), func(t *testing.T) {
+			a := MustParse(tc.currentVersion)
+			b, err := a.IncPreRelease()
+			if tc.expectError {
+				require.Error(t, err)
+				return
+			}
+			require.NoError(t, err)
+			require.Equal(t, MustParse(tc.nextVersion), b)
+		})
+	}
+}