watchOS 3.2 (build 14V5235b) is an official Apple over-the-air update for the Apple Watch (38mm), released on 2017-02-27T18:00:43Z. The update package is 625.32 MB. This is a delta (partial) update that requires 2.0.1 already installed. This update is no longer signed by Apple, meaning it can no longer be applied on-device through Settings.

Payload file: 08fa43019f6e0c2effbe891bba16ad15b87547aa.zip.