diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 17229a0bf..464025a8a 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1 +1 @@
-{".":"1.23.0"}
+{".":"1.23.1"}
diff --git a/CHANGELOG.md b/CHANGELOG.md
index aa02282d6..69d5f2df2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,19 @@
 # Changelog
 
+## [1.23.1](https://github.com/open-feature/java-sdk/compare/v1.23.0...v1.23.1) (2026-10-08)
+
+
+### 🧹 Chore
+
+* **deps:** update dependency com.diffplug.spotless:spotless-maven-plugin to v3.10.3 ([#2050](https://github.com/open-feature/java-sdk/issues/2050)) ([4728692](https://github.com/open-feature/java-sdk/commit/4728692e5da29be6d74a9c69ff5ea8826596565e))
+* **deps:** update dependency com.google.guava:guava to v33.7.2-jre ([#2055](https://github.com/open-feature/java-sdk/issues/2055)) ([374f3a7](https://github.com/open-feature/java-sdk/commit/374f3a7b8c0a75d6266b839e11f43a460df5da89))
+* **deps:** update dependency com.tngtech.archunit:archunit-junit5 to v1.5.1 ([#2047](https://github.com/open-feature/java-sdk/issues/2047)) ([dc5419e](https://github.com/open-feature/java-sdk/commit/dc5419e1140a0214a75987a01c125cf594688864))
+* **deps:** update dependency io.cucumber:cucumber-bom to v7.34.9 ([#2048](https://github.com/open-feature/java-sdk/issues/2048)) ([bc35a66](https://github.com/open-feature/java-sdk/commit/bc35a66b0d0c9deb87d91ccc569cf6b616f99bfa))
+* **deps:** update dependency maven to v3.10.0 ([#2054](https://github.com/open-feature/java-sdk/issues/2054)) ([f55e0fd](https://github.com/open-feature/java-sdk/commit/f55e0fda674d133c26356b25acff580b869359dd))
+* **deps:** update dependency org.mockito:mockito-core to v5.24.0 ([#2052](https://github.com/open-feature/java-sdk/issues/2052)) ([f93b3eb](https://github.com/open-feature/java-sdk/commit/f93b3ebcf1938f4dc3983078cd49d97adc9245df))
+* **deps:** update dependency org.slf4j:slf4j-api to v2.0.20 ([#2049](https://github.com/open-feature/java-sdk/issues/2049)) ([6fc08a2](https://github.com/open-feature/java-sdk/commit/6fc08a28a224719628312a72260a2b239ba9006b))
+* update benchmarks ([034640b](https://github.com/open-feature/java-sdk/commit/034640bcef5607a80f25d12d63f012cb2f45aa27))
+
 ## [1.23.0](https://github.com/open-feature/java-sdk/compare/v1.22.1...v1.23.0) (2026-09-28)
 
 
diff --git a/README.md b/README.md
index c6b730251..6dcbeb890 100644
--- a/README.md
+++ b/README.md
@@ -18,8 +18,8 @@
   </a>
   <!-- x-release-please-start-version -->
 
-  <a href="https://github.com/open-feature/java-sdk/releases/tag/v1.23.0">
-    <img alt="Release" src="https://img.shields.io/static/v1?label=release&message=v1.23.0&color=blue&style=for-the-badge" />
+  <a href="https://github.com/open-feature/java-sdk/releases/tag/v1.23.1">
+    <img alt="Release" src="https://img.shields.io/static/v1?label=release&message=v1.23.1&color=blue&style=for-the-badge" />
   </a>  
 
   <!-- x-release-please-end -->
@@ -59,7 +59,7 @@ Note that this library is intended to be used in server-side contexts and has no
 <dependency>
     <groupId>dev.openfeature</groupId>
     <artifactId>sdk</artifactId>
-    <version>1.23.0</version>
+    <version>1.23.1</version>
 </dependency>
 ```
 <!-- x-release-please-end-version -->
@@ -84,7 +84,7 @@ If you would like snapshot builds, this is the relevant repository information:
 <!-- x-release-please-start-version -->
 ```groovy
 dependencies {
-    implementation 'dev.openfeature:sdk:1.23.0'
+    implementation 'dev.openfeature:sdk:1.23.1'
 }
 ```
 <!-- x-release-please-end-version -->
diff --git a/pom.xml b/pom.xml
index d8f5d60a6..2cfa32867 100644
--- a/pom.xml
+++ b/pom.xml
@@ -5,7 +5,7 @@
 
     <groupId>dev.openfeature</groupId>
     <artifactId>sdk</artifactId>
-    <version>1.23.0</version> <!--x-release-please-version -->
+    <version>1.23.1</version> <!--x-release-please-version -->
 
     <properties>
         <toolchain.jdk.version>[17,)</toolchain.jdk.version>
diff --git a/version.txt b/version.txt
index a6c2798a4..49e0a31d4 100644
--- a/version.txt
+++ b/version.txt
@@ -1 +1 @@
-1.23.0
+1.23.1