diff --git a/olm-catalog/serverless-operator/manifests/serverless-operator.clusterserviceversion.yaml b/olm-catalog/serverless-operator/manifests/serverless-operator.clusterserviceversion.yaml
index fe9714fb65..a4a5349417 100644
--- a/olm-catalog/serverless-operator/manifests/serverless-operator.clusterserviceversion.yaml
+++ b/olm-catalog/serverless-operator/manifests/serverless-operator.clusterserviceversion.yaml
@@ -807,7 +807,7 @@ spec:
                 containers:
                   - name: knative-operator
                     # This reference will be replaced in local builds and CI via hack/lib/catalogsource.bash.
-                    image: registry.ci.openshift.org/knative/openshift-serverless-nightly:openshift-knative-operator
+                    image: registry.ci.openshift.org/knative/openshift-serverless-v1.32.0:openshift-knative-operator
                     readinessProbe:
                       periodSeconds: 1
                       httpGet:
@@ -961,7 +961,7 @@ spec:
                 containers:
                   - name: knative-openshift
                     # This reference will be replaced in local builds and CI via hack/lib/catalogsource.bash.
-                    image: registry.ci.openshift.org/knative/openshift-serverless-nightly:knative-operator
+                    image: registry.ci.openshift.org/knative/openshift-serverless-v1.32.0:knative-operator
                     imagePullPolicy: Always
                     readinessProbe:
                       httpGet:
@@ -1132,7 +1132,7 @@ spec:
                 containers:
                   - name: knative-openshift-ingress
                     # This reference will be replaced in local builds and CI via hack/lib/catalogsource.bash.
-                    image: registry.ci.openshift.org/knative/openshift-serverless-nightly:knative-openshift-ingress
+                    image: registry.ci.openshift.org/knative/openshift-serverless-v1.32.0:knative-openshift-ingress
                     imagePullPolicy: Always
                     ports:
                       - containerPort: 9090
@@ -1282,13 +1282,13 @@ spec:
   relatedImages:
     - name: knative-operator
       # This reference will be replaced in local builds and CI via hack/lib/catalogsource.bash.
-      image: registry.ci.openshift.org/knative/openshift-serverless-nightly:openshift-knative-operator
+      image: registry.ci.openshift.org/knative/openshift-serverless-v1.32.0:openshift-knative-operator
     - name: knative-openshift
       # This reference will be replaced in local builds and CI via hack/lib/catalogsource.bash.
-      image: registry.ci.openshift.org/knative/openshift-serverless-nightly:knative-operator
+      image: registry.ci.openshift.org/knative/openshift-serverless-v1.32.0:knative-operator
     - name: knative-openshift-ingress
       # This reference will be replaced in local builds and CI via hack/lib/catalogsource.bash.
-      image: registry.ci.openshift.org/knative/openshift-serverless-nightly:knative-openshift-ingress
+      image: registry.ci.openshift.org/knative/openshift-serverless-v1.32.0:knative-openshift-ingress
     - name: "IMAGE_queue-proxy"
       image: "registry.ci.openshift.org/openshift/knative-serving-queue:knative-v1.11"
     - name: "IMAGE_activator"