diff --git a/Lib/fontTools/varLib/__init__.py b/Lib/fontTools/varLib/__init__.py
index 6e0050afb..92d6faa8d 100644
--- a/Lib/fontTools/varLib/__init__.py
+++ b/Lib/fontTools/varLib/__init__.py
@@ -184,7 +184,7 @@ def _add_stat(font, axes):
 
 	STAT = font["STAT"] = newTable('STAT')
 	stat = STAT.table = ot.STAT()
-	stat.Version = 0x00010002
+	stat.Version = 0x00010001
 
 	axisRecords = []
 	for i, a in enumerate(fvarTable.axes):
diff --git a/Tests/varLib/data/test_results/BuildMain.ttx b/Tests/varLib/data/test_results/BuildMain.ttx
index 33ebbd4a7..66c803262 100644
--- a/Tests/varLib/data/test_results/BuildMain.ttx
+++ b/Tests/varLib/data/test_results/BuildMain.ttx
@@ -782,7 +782,7 @@
   </MVAR>
 
   <STAT>
-    <Version value="0x00010002"/>
+    <Version value="0x00010001"/>
     <DesignAxisRecordSize value="8"/>
     <!-- DesignAxisCount=2 -->
     <DesignAxisRecord>