diff --git a/Makefile b/Makefile
index 951c1ef3..00ffb8dc 100644
--- a/Makefile
+++ b/Makefile
@@ -318,7 +318,7 @@ ifeq (,$(shell which opm 2>/dev/null))
 	set -e ;\
 	mkdir -p $(dir $(OPM)) ;\
 	OS=$(shell go env GOOS) && ARCH=$(shell go env GOARCH) && \
-	curl -sSLo $(OPM) https://github.com/operator-framework/operator-registry/releases/download/v1.23.0/$${OS}-$${ARCH}-opm ;\
+	curl -sSLo $(OPM) https://github.com/operator-framework/operator-registry/releases/download/v1.40.0/$${OS}-$${ARCH}-opm ;\
 	chmod +x $(OPM) ;\
 	}
 else