diff --git a/b2/_internal/console_tool.py b/b2/_internal/console_tool.py
index d14f9834f..ddce9c6ae 100644
--- a/b2/_internal/console_tool.py
+++ b/b2/_internal/console_tool.py
@@ -4261,7 +4261,9 @@ def _run(self, args):
         if args.short:
             self._print(VERSION)
         else:
-            self._print('b2 command line tool, version', VERSION)
+            self._print(
+                'b2 command line tool, version', VERSION, '(b2sdk version', b2sdk_version + ')'
+            )
         return 0
 
 
diff --git a/changelog.d/+version-command-b2sdk.changed.md b/changelog.d/+version-command-b2sdk.changed.md
new file mode 100644
index 000000000..e5e636529
--- /dev/null
+++ b/changelog.d/+version-command-b2sdk.changed.md
@@ -0,0 +1 @@
+Update the ``version`` command to display the installed ``b2sdk`` version alongside the CLI version.
diff --git a/test/unit/test_console_tool.py b/test/unit/test_console_tool.py
index e113fe002..e0311f41c 100644
--- a/test/unit/test_console_tool.py
+++ b/test/unit/test_console_tool.py
@@ -32,6 +32,7 @@
     fix_windows_path_limit,
 )
 from b2sdk.v3.exception import Conflict  # Any error for testing fast-fail of the rm command.
+from b2sdk.version import VERSION as b2sdk_version
 from more_itertools import one
 
 from b2._internal._cli.const import (
@@ -3759,4 +3760,7 @@ def test_rm_filters_mixed(self):
 class TestVersionConsoleTool(BaseConsoleToolTest):
     def test_version(self):
         self._run_command(['version', '--short'], expected_stdout=f'{VERSION}\n')
-        self._run_command(['version'], expected_stdout=f'b2 command line tool, version {VERSION}\n')
+        self._run_command(
+            ['version'],
+            expected_stdout=f'b2 command line tool, version {VERSION} (b2sdk version {b2sdk_version})\n',
+        )