diff --git a/charts/knative-operator/Chart.lock b/charts/knative-operator/Chart.lock
index 0878ae4d..dd22be3d 100644
--- a/charts/knative-operator/Chart.lock
+++ b/charts/knative-operator/Chart.lock
@@ -1,6 +1,6 @@
 dependencies:
 - name: knative-operator
   repository: https://knative.github.io/operator
-  version: v1.19.3
-digest: sha256:0892725959bb168a1ab41e6d38f895d0df03c582c94818fe5251867f11baca11
-generated: "2025-10-21T19:12:17.713484785Z"
+  version: v1.20.0
+digest: sha256:d742a868dde8fb1b2bcfb04def0d606d81e5beb8868d9346d033ef6ed578608c
+generated: "2026-01-16T00:36:44.404575197Z"
diff --git a/charts/knative-operator/Chart.yaml b/charts/knative-operator/Chart.yaml
index 418cf4ab..f7473498 100644
--- a/charts/knative-operator/Chart.yaml
+++ b/charts/knative-operator/Chart.yaml
@@ -2,10 +2,10 @@ apiVersion: v2
 name: knative-operator
 description: Serverless event-driven applications
 type: application
-version: 0.2.2
+version: 0.3.0
 appVersion: "1.16.0"
 
 dependencies:
 - name: knative-operator
-  version: v1.19.3
+  version: v1.20.0
   repository: "https://knative.github.io/operator"
diff --git a/charts/knative-operator/README.md b/charts/knative-operator/README.md
index f18487e2..0d250ad2 100644
--- a/charts/knative-operator/README.md
+++ b/charts/knative-operator/README.md
@@ -1,6 +1,6 @@
 # knative-operator
 
-![Version: 0.2.2](https://img.shields.io/badge/Version-0.2.2-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 1.16.0](https://img.shields.io/badge/AppVersion-1.16.0-informational?style=flat-square)
+![Version: 0.3.0](https://img.shields.io/badge/Version-0.3.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 1.16.0](https://img.shields.io/badge/AppVersion-1.16.0-informational?style=flat-square)
 
 Serverless event-driven applications
 
@@ -8,7 +8,7 @@ Serverless event-driven applications
 
 | Repository | Name | Version |
 |------------|------|---------|
-| https://knative.github.io/operator | knative-operator | v1.19.3 |
+| https://knative.github.io/operator | knative-operator | v1.20.0 |
 
 ## Values
 
diff --git a/charts/knative-operator/charts/knative-operator-v1.19.3.tgz b/charts/knative-operator/charts/knative-operator-v1.19.3.tgz
deleted file mode 100644
index 2130b457..00000000
Binary files a/charts/knative-operator/charts/knative-operator-v1.19.3.tgz and /dev/null differ
diff --git a/charts/knative-operator/charts/knative-operator-v1.20.0.tgz b/charts/knative-operator/charts/knative-operator-v1.20.0.tgz
new file mode 100644
index 00000000..595d249e
Binary files /dev/null and b/charts/knative-operator/charts/knative-operator-v1.20.0.tgz differ