diff --git a/firebase_admin/__init__.py b/firebase_admin/__init__.py
index bb5c0bcb1..3f340a956 100644
--- a/firebase_admin/__init__.py
+++ b/firebase_admin/__init__.py
@@ -22,7 +22,7 @@
 
 # Declaring module version as per https://www.python.org/dev/peps/pep-0396/#specification
 # Update this accordingly for each release.
-__version__ = '1.0.0'
+__version__ = '2.0.0'
 
 _apps = {}
 _apps_lock = threading.RLock()