diff --git a/CHANGELOG.md b/CHANGELOG.md
index 953dd5248..8f944e6be 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -10,6 +10,8 @@ Note: In this file, do not use the hard wrap in the middle of a sentence for com
 
 ## [Unreleased]
 
+- Update `cargo-tarpaulin@latest` to 0.32.3.
+
 ## [2.49.20] - 2025-03-12
 
 - Update `typos@latest` to 1.30.2.
diff --git a/manifests/cargo-tarpaulin.json b/manifests/cargo-tarpaulin.json
index 2784aa9ae..1fd569db0 100644
--- a/manifests/cargo-tarpaulin.json
+++ b/manifests/cargo-tarpaulin.json
@@ -19,10 +19,32 @@
   },
   "license_markdown": "[MIT](https://github.com/xd009642/tarpaulin/blob/develop/LICENSE-MIT) OR [Apache-2.0](https://github.com/xd009642/tarpaulin/blob/develop/LICENSE-APACHE)",
   "latest": {
-    "version": "0.32.2"
+    "version": "0.32.3"
   },
   "0.32": {
-    "version": "0.32.2"
+    "version": "0.32.3"
+  },
+  "0.32.3": {
+    "x86_64_linux_musl": {
+      "etag": "0x8DD61314FB4B1C5",
+      "checksum": "9e25cd0f14575dc35f311b7378ff010e0d9b9eee1637a166b723fe11dd2bced0"
+    },
+    "x86_64_macos": {
+      "etag": "0x8DD61311599E658",
+      "checksum": "ac3fb41d820101436f6c1486275529168dd5abc43e1e97a475de2e7c338309c1"
+    },
+    "x86_64_windows": {
+      "etag": "0x8DD6130BC64FCAA",
+      "checksum": "6ad169551d93e533476b9b214f7969778eca1c4c3d5ce1552cefa3309b8a4aa8"
+    },
+    "aarch64_linux_musl": {
+      "etag": "0x8DD6130D3722ABE",
+      "checksum": "42487597a6745d350d075ff19f694749aee06db69bddf258ca976867f453a680"
+    },
+    "aarch64_macos": {
+      "etag": "0x8DD613099D55142",
+      "checksum": "5b9ce20a4e9d1a27c8b65ce2027e38fb8fad7c15234ad1615689c98b5497396f"
+    }
   },
   "0.32.2": {
     "x86_64_linux_musl": {