diff --git a/src-ui/src/app/components/document-detail/document-version-dropdown/document-version-dropdown.component.html b/src-ui/src/app/components/document-detail/document-version-dropdown/document-version-dropdown.component.html
index 08545f0fd..1b4c3e1c9 100644
--- a/src-ui/src/app/components/document-detail/document-version-dropdown/document-version-dropdown.component.html
+++ b/src-ui/src/app/components/document-detail/document-version-dropdown/document-version-dropdown.component.html
@@ -59,37 +59,76 @@
     <div class="dropdown-divider"></div>
     @for (version of versions; track version.id) {
       <div class="dropdown-item">
-        <div class="d-flex align-items-center w-100 version-item">
-          <button type="button" class="btn btn-link link-underline link-underline-opacity-0 d-flex align-items-center flex-grow-1 small ps-0 text-start" (click)="selectVersion(version.id)">
+        <div class="d-flex align-items-start w-100 version-item">
+          <button
+            type="button"
+            class="btn btn-link link-underline link-underline-opacity-0 d-flex align-items-center small ps-0 text-start"
+            (click)="selectVersion(version.id)"
+          >
             <div class="badge bg-light text-lowercase text-muted">
               {{ version.checksum | slice:0:8 }}
             </div>
-            <div class="d-flex flex-column small ms-2">
-              <div>
+          </button>
+          <div class="d-flex flex-column small ms-2 flex-grow-1 min-w-0">
+            @if (isEditingVersion(version.id)) {
+              <input
+                class="form-control form-control-sm"
+                type="text"
+                [(ngModel)]="versionLabelDraft"
+                i18n-placeholder
+                placeholder="Version label"
+                [disabled]="savingVersionLabelId !== null"
+                (keydown.enter)="submitEditedVersionLabel(version, $event)"
+                (keydown.escape)="cancelEditingVersion($event)"
+                (click)="$event.stopPropagation()"
+              />
+            } @else {
+              <button
+                type="button"
+                class="btn btn-link link-underline link-underline-opacity-0 p-0 small text-start"
+                (click)="selectVersion(version.id)"
+              >
                 @if (version.version_label) {
                   {{ version.version_label }}
                 } @else {
-                  <span i18n>ID</span> #{{version.id}}
+                  <span i18n>ID</span> #{{ version.id }}
                 }
-              </div>
-              <div class="text-muted">
-                {{ version.added | customDate:'short' }}
-              </div>
+              </button>
+            }
+            <div class="text-muted">
+              {{ version.added | customDate:'short' }}
             </div>
-          </button>
+          </div>
+          <div class="d-flex align-items-center ms-2">
+            @if (canEditLabels) {
+              <button
+                type="button"
+                class="btn btn-link btn-sm text-secondary p-0"
+                [disabled]="savingVersionLabelId !== null"
+                (click)="isEditingVersion(version.id) ? submitEditedVersionLabel(version, $event) : beginEditingVersion(version, $event)"
+                [attr.aria-label]="isEditingVersion(version.id) ? 'Save version label' : 'Edit version label'"
+              >
+                @if (isEditingVersion(version.id)) {
+                  <i-bs name="check-lg"></i-bs>
+                } @else {
+                  <i-bs name="pencil"></i-bs>
+                }
+              </button>
+            }
+            @if (!version.is_root) {
+              <pngx-confirm-button
+                buttonClasses="btn-link btn-sm text-danger ms-2"
+                iconName="trash"
+                confirmMessage="Delete this version?"
+                i18n-confirmMessage
+                [disabled]="!userIsOwner || !userCanEdit"
+                (confirm)="deleteVersion(version.id)"
+              >
+                <span class="visually-hidden" i18n>Delete version</span>
+              </pngx-confirm-button>
+            }
+          </div>
           @if (selectedVersionId === version.id) { <span class="ms-2">✓</span> }
-          @if (!version.is_root) {
-            <pngx-confirm-button
-              buttonClasses="btn-link btn-sm text-danger ms-2"
-              iconName="trash"
-              confirmMessage="Delete this version?"
-              i18n-confirmMessage
-              [disabled]="!userIsOwner || !userCanEdit"
-              (confirm)="deleteVersion(version.id)"
-            >
-              <span class="visually-hidden" i18n>Delete version</span>
-            </pngx-confirm-button>
-          }
         </div>
       </div>
     }
diff --git a/src-ui/src/app/components/document-detail/document-version-dropdown/document-version-dropdown.component.spec.ts b/src-ui/src/app/components/document-detail/document-version-dropdown/document-version-dropdown.component.spec.ts
index 3328152d6..c7075bbe0 100644
--- a/src-ui/src/app/components/document-detail/document-version-dropdown/document-version-dropdown.component.spec.ts
+++ b/src-ui/src/app/components/document-detail/document-version-dropdown/document-version-dropdown.component.spec.ts
@@ -17,7 +17,10 @@ describe('DocumentVersionDropdownComponent', () => {
   let component: DocumentVersionDropdownComponent
   let fixture: ComponentFixture<DocumentVersionDropdownComponent>
   let documentService: jest.Mocked<
-    Pick<DocumentService, 'deleteVersion' | 'getVersions' | 'uploadVersion'>
+    Pick<
+      DocumentService,
+      'deleteVersion' | 'getVersions' | 'uploadVersion' | 'updateVersionLabel'
+    >
   >
   let toastService: jest.Mocked<Pick<ToastService, 'showError' | 'showInfo'>>
   let finished$: Subject<{ taskId: string }>
@@ -30,6 +33,7 @@ describe('DocumentVersionDropdownComponent', () => {
       deleteVersion: jest.fn(),
       getVersions: jest.fn(),
       uploadVersion: jest.fn(),
+      updateVersionLabel: jest.fn(),
     }
     toastService = {
       showError: jest.fn(),
@@ -127,6 +131,96 @@ describe('DocumentVersionDropdownComponent', () => {
     )
   })
 
+  it('beginEditingVersion should set active row and draft label', () => {
+    component.userCanEdit = true
+    component.userIsOwner = true
+    const version = {
+      id: 10,
+      is_root: false,
+      checksum: 'bbbb',
+      version_label: 'Current',
+    } as DocumentVersionInfo
+
+    component.beginEditingVersion(version)
+
+    expect(component.editingVersionId).toEqual(10)
+    expect(component.versionLabelDraft).toEqual('Current')
+  })
+
+  it('submitEditedVersionLabel should close editor without save if unchanged', () => {
+    const version = {
+      id: 10,
+      is_root: false,
+      checksum: 'bbbb',
+      version_label: 'Current',
+    } as DocumentVersionInfo
+    const saveSpy = jest.spyOn(component, 'saveVersionLabel')
+    component.editingVersionId = 10
+    component.versionLabelDraft = '  Current  '
+
+    component.submitEditedVersionLabel(version)
+
+    expect(saveSpy).not.toHaveBeenCalled()
+    expect(component.editingVersionId).toBeNull()
+    expect(component.versionLabelDraft).toEqual('')
+  })
+
+  it('submitEditedVersionLabel should call saveVersionLabel when changed', () => {
+    const version = {
+      id: 10,
+      is_root: false,
+      checksum: 'bbbb',
+      version_label: 'Current',
+    } as DocumentVersionInfo
+    const saveSpy = jest
+      .spyOn(component, 'saveVersionLabel')
+      .mockImplementation(() => {})
+    component.editingVersionId = 10
+    component.versionLabelDraft = '  Updated  '
+
+    component.submitEditedVersionLabel(version)
+
+    expect(saveSpy).toHaveBeenCalledWith(10, 'Updated')
+    expect(component.editingVersionId).toBeNull()
+  })
+
+  it('saveVersionLabel should update the version and emit versionsUpdated', () => {
+    documentService.updateVersionLabel.mockReturnValue(
+      of({
+        id: 10,
+        version_label: 'Updated',
+        is_root: false,
+      } as any)
+    )
+    const emitSpy = jest.spyOn(component.versionsUpdated, 'emit')
+
+    component.saveVersionLabel(10, 'Updated')
+
+    expect(documentService.updateVersionLabel).toHaveBeenCalledWith(
+      3,
+      10,
+      'Updated'
+    )
+    expect(emitSpy).toHaveBeenCalledWith([
+      { id: 3, is_root: true, checksum: 'aaaa' },
+      { id: 10, is_root: false, checksum: 'bbbb', version_label: 'Updated' },
+    ])
+    expect(component.savingVersionLabelId).toBeNull()
+  })
+
+  it('saveVersionLabel should show error toast on failure', () => {
+    const error = new Error('save failed')
+    documentService.updateVersionLabel.mockReturnValue(throwError(() => error))
+
+    component.saveVersionLabel(10, 'Updated')
+
+    expect(toastService.showError).toHaveBeenCalledWith(
+      'Error updating version label',
+      error
+    )
+    expect(component.savingVersionLabelId).toBeNull()
+  })
+
   it('onVersionFileSelected should upload and update versions after websocket success', () => {
     const versions: DocumentVersionInfo[] = [
       { id: 3, is_root: true, checksum: 'aaaa' },
@@ -215,6 +309,8 @@ describe('DocumentVersionDropdownComponent', () => {
   it('ngOnChanges should clear upload status on document switch', () => {
     component.versionUploadState = UploadState.Failed
     component.versionUploadError = 'something failed'
+    component.editingVersionId = 10
+    component.versionLabelDraft = 'draft'
 
     component.ngOnChanges({
       documentId: new SimpleChange(3, 4, false),
@@ -222,5 +318,7 @@ describe('DocumentVersionDropdownComponent', () => {
 
     expect(component.versionUploadState).toEqual(UploadState.Idle)
     expect(component.versionUploadError).toBeNull()
+    expect(component.editingVersionId).toBeNull()
+    expect(component.versionLabelDraft).toEqual('')
   })
 })
diff --git a/src-ui/src/app/components/document-detail/document-version-dropdown/document-version-dropdown.component.ts b/src-ui/src/app/components/document-detail/document-version-dropdown/document-version-dropdown.component.ts
index 1a3c84d31..b96d865bc 100644
--- a/src-ui/src/app/components/document-detail/document-version-dropdown/document-version-dropdown.component.ts
+++ b/src-ui/src/app/components/document-detail/document-version-dropdown/document-version-dropdown.component.ts
@@ -15,6 +15,7 @@ import { NgxBootstrapIconsModule } from 'ngx-bootstrap-icons'
 import { merge, of, Subject } from 'rxjs'
 import {
   filter,
+  finalize,
   first,
   map,
   switchMap,
@@ -59,6 +60,9 @@ export class DocumentVersionDropdownComponent implements OnChanges, OnDestroy {
   newVersionLabel: string = ''
   versionUploadState: UploadState = UploadState.Idle
   versionUploadError: string | null = null
+  savingVersionLabelId: number | null = null
+  editingVersionId: number | null = null
+  versionLabelDraft: string = ''
 
   private readonly documentsService = inject(DocumentService)
   private readonly toastService = inject(ToastService)
@@ -70,6 +74,7 @@ export class DocumentVersionDropdownComponent implements OnChanges, OnDestroy {
     if (changes.documentId && !changes.documentId.firstChange) {
       this.documentChange$.next()
       this.clearVersionUploadStatus()
+      this.cancelEditingVersion()
     }
   }
 
@@ -84,6 +89,43 @@ export class DocumentVersionDropdownComponent implements OnChanges, OnDestroy {
     this.versionSelected.emit(versionId)
   }
 
+  get canEditLabels(): boolean {
+    return this.userIsOwner && this.userCanEdit
+  }
+
+  isEditingVersion(versionId: number): boolean {
+    return this.editingVersionId === versionId
+  }
+
+  beginEditingVersion(version: DocumentVersionInfo, event?: Event): void {
+    event?.preventDefault()
+    event?.stopPropagation()
+    if (!this.canEditLabels || this.savingVersionLabelId !== null) return
+    this.editingVersionId = version.id
+    this.versionLabelDraft = version.version_label ?? ''
+  }
+
+  cancelEditingVersion(event?: Event): void {
+    event?.preventDefault()
+    event?.stopPropagation()
+    this.editingVersionId = null
+    this.versionLabelDraft = ''
+  }
+
+  submitEditedVersionLabel(version: DocumentVersionInfo, event?: Event): void {
+    event?.preventDefault()
+    event?.stopPropagation()
+    if (this.savingVersionLabelId !== null) return
+    const nextLabel = this.versionLabelDraft?.trim() || null
+    const currentLabel = version.version_label?.trim() || null
+    if (nextLabel === currentLabel) {
+      this.cancelEditingVersion()
+      return
+    }
+    this.saveVersionLabel(version.id, nextLabel)
+    this.cancelEditingVersion()
+  }
+
   deleteVersion(versionId: number): void {
     const wasSelected = this.selectedVersionId === versionId
     this.documentsService
@@ -114,6 +156,41 @@ export class DocumentVersionDropdownComponent implements OnChanges, OnDestroy {
       })
   }
 
+  saveVersionLabel(versionId: number, versionLabel: string | null): void {
+    if (this.savingVersionLabelId !== null) return
+    this.savingVersionLabelId = versionId
+    this.documentsService
+      .updateVersionLabel(this.documentId, versionId, versionLabel)
+      .pipe(
+        first(),
+        finalize(() => {
+          if (this.savingVersionLabelId === versionId) {
+            this.savingVersionLabelId = null
+          }
+        }),
+        takeUntil(this.destroy$)
+      )
+      .subscribe({
+        next: (updatedVersion) => {
+          const updatedVersions = this.versions.map((version) =>
+            version.id === versionId
+              ? {
+                  ...version,
+                  version_label: updatedVersion.version_label,
+                }
+              : version
+          )
+          this.versionsUpdated.emit(updatedVersions)
+        },
+        error: (error) => {
+          this.toastService.showError(
+            $localize`Error updating version label`,
+            error
+          )
+        },
+      })
+  }
+
   onVersionFileSelected(event: Event): void {
     const input = event.target as HTMLInputElement
     if (!input?.files || input.files.length === 0) return
diff --git a/src-ui/src/app/services/rest/document.service.spec.ts b/src-ui/src/app/services/rest/document.service.spec.ts
index 233755539..48c40e4d5 100644
--- a/src-ui/src/app/services/rest/document.service.spec.ts
+++ b/src-ui/src/app/services/rest/document.service.spec.ts
@@ -359,6 +359,18 @@ describe(`DocumentService`, () => {
     req.flush({ result: 'OK', current_version_id: documents[0].id })
   })
 
+  it('should call appropriate api endpoint for updating a document version label', () => {
+    subscription = service
+      .updateVersionLabel(documents[0].id, 10, 'Updated label')
+      .subscribe()
+    const req = httpTestingController.expectOne(
+      `${environment.apiBaseUrl}${endpoint}/${documents[0].id}/versions/10/`
+    )
+    expect(req.request.method).toEqual('PATCH')
+    expect(req.request.body).toEqual({ version_label: 'Updated label' })
+    req.flush({ id: 10, version_label: 'Updated label', is_root: false })
+  })
+
   it('should call appropriate api endpoint for uploading a new version', () => {
     const file = new File(['hello'], 'test.pdf', { type: 'application/pdf' })
 
diff --git a/src-ui/src/app/services/rest/document.service.ts b/src-ui/src/app/services/rest/document.service.ts
index 41b7b2e22..ace34cc00 100644
--- a/src-ui/src/app/services/rest/document.service.ts
+++ b/src-ui/src/app/services/rest/document.service.ts
@@ -7,6 +7,7 @@ import {
   DOCUMENT_SORT_FIELDS,
   DOCUMENT_SORT_FIELDS_FULLTEXT,
   Document,
+  DocumentVersionInfo,
 } from 'src/app/data/document'
 import { DocumentMetadata } from 'src/app/data/document-metadata'
 import { DocumentSuggestions } from 'src/app/data/document-suggestions'
@@ -245,6 +246,17 @@ export class DocumentService extends AbstractPaperlessService<Document> {
     )
   }
 
+  updateVersionLabel(
+    rootDocumentId: number,
+    versionId: number,
+    versionLabel: string | null
+  ): Observable<DocumentVersionInfo> {
+    return this.http.patch<DocumentVersionInfo>(
+      this.getResourceUrl(rootDocumentId, `versions/${versionId}`),
+      { version_label: versionLabel }
+    )
+  }
+
   getNextAsn(): Observable<number> {
     return this.http.get<number>(this.getResourceUrl(null, 'next_asn'))
   }