watchOS 3.2 (build 14V5205d) is an official Apple over-the-air update for the Apple Watch Series 1 (42mm), released on 2017-01-30T18:30:44Z. The update package is 241.7 MB. This is a delta (partial) update that requires 3.1.1 already installed. This update is no longer signed by Apple, meaning it can no longer be applied on-device through Settings.

Payload file: 66dd8c0aa5dbebc16c2c090c41bb42743443750f.zip.