diff --git a/incubator/schema-registry/Chart.yaml b/incubator/schema-registry/Chart.yaml
index b3cae6df23..abc240ab42 100644
--- a/incubator/schema-registry/Chart.yaml
+++ b/incubator/schema-registry/Chart.yaml
@@ -1,7 +1,7 @@
 name: schema-registry
 home: https://docs.confluent.io/current/schema-registry/docs/index.html
-version: 1.0.4
-appVersion: 4.1.1
+version: 1.1.0
+appVersion: 5.0.1
 keywords:
   - confluent
   - kafka
diff --git a/incubator/schema-registry/README.md b/incubator/schema-registry/README.md
index 2cde75e130..f21b817a84 100644
--- a/incubator/schema-registry/README.md
+++ b/incubator/schema-registry/README.md
@@ -62,7 +62,7 @@ The following table lists the configurable parameters of the SchemaRegistry char
 | Parameter | Description | Default |
 | --------- | ----------- | ------- |
 | `image` | The `SchemaRegistry` image repository | `confluentinc/cp-schema-registry` |
-| `imageTag` | The `SchemaRegistry` image tag | `4.0.1` |
+| `imageTag` | The `SchemaRegistry` image tag | `5.0.1` |
 | `imagePullPolicy` | Image Pull Policy | `IfNotPresent` |
 | `replicaCount` | The number of `SchemaRegistry` Pods in the Deployment | `1` |
 | `configurationOverrides` | `SchemaRegistry` [configuration setting](https://github.com/confluentinc/schema-registry/blob/master/docs/config.rst#configuration-options) overrides in the dictionary format `setting.name: value` | `{}` |
@@ -70,7 +70,7 @@ The following table lists the configurable parameters of the SchemaRegistry char
 | `sasl.configPath` | where to store config for sasl configurations | `/etc/kafka-config` |
 | `sasl.scram.enabled` | whether sasl-scam is enabled | `false` |
 | `sasl.scram.init.image` | which image to use for initializing sasl scram | `confluentinc/cp-schema-registry` |
-| `sasl.scram.init.imageTag` | which version/tag to use for sasl scram init | `4.0.0` |
+| `sasl.scram.init.imageTag` | which version/tag to use for sasl scram init | `5.0.1` |
 | `sasl.scram.init.imagePullPolicy` | the sasl scram init pull policy | `IfNotPresent` |
 | `sasl.scram.clientUser` | the sasl scram user to use to authenticate to kafka | `kafka-client` |
 | `sasl.scram.clientPassword` | the sasl scram password to use to authenticate to kafka | `kafka-password` |
diff --git a/incubator/schema-registry/requirements.lock b/incubator/schema-registry/requirements.lock
index 04b622f9ba..d3dd592140 100644
--- a/incubator/schema-registry/requirements.lock
+++ b/incubator/schema-registry/requirements.lock
@@ -1,6 +1,6 @@
 dependencies:
 - name: kafka
   repository: https://kubernetes-charts-incubator.storage.googleapis.com/
-  version: 0.8.5
-digest: sha256:adabb725b053f1a598fecb6c086dc638e74b3631f08d8b65ecabecad638f2775
-generated: 2018-08-02T09:16:11.217500469-05:00
+  version: 0.13.2
+digest: sha256:d7bb6ed7e6e7be2134f3bf9b2aa3e68ce27c44e6081293629eb963ad4fc19784
+generated: 2018-12-10T10:48:20.368348Z
diff --git a/incubator/schema-registry/requirements.yaml b/incubator/schema-registry/requirements.yaml
index 74b3c903b1..152f706e3b 100644
--- a/incubator/schema-registry/requirements.yaml
+++ b/incubator/schema-registry/requirements.yaml
@@ -1,5 +1,5 @@
 dependencies:
 - name: kafka
-  version: 0.8.5
+  version: 0.13.2
   repository: https://kubernetes-charts-incubator.storage.googleapis.com/
   condition: kafka.enabled
diff --git a/incubator/schema-registry/values.yaml b/incubator/schema-registry/values.yaml
index 4b35f3e447..6ed1459f22 100644
--- a/incubator/schema-registry/values.yaml
+++ b/incubator/schema-registry/values.yaml
@@ -7,7 +7,7 @@
 ## schema-registry repository
 image: "confluentinc/cp-schema-registry"
 ## The container tag to use
-imageTag: 4.1.1
+imageTag: 5.0.1
 ## Specify a imagePullPolicy
 ## ref: http://kubernetes.io/docs/user-guide/images/#pre-pulling-images
 imagePullPolicy: "IfNotPresent"
@@ -64,7 +64,7 @@ sasl:
     enabled: false
     init:
       image: "confluentinc/cp-schema-registry"
-      imageTag: "4.0.0"
+      imageTag: "5.0.1"
       imagePullPolicy: "IfNotPresent"
     clientUser: "kafka-client"
     zookeeperClientUser: "zookeeper-client"