diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 7533165d421..316bfe657e0 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    ".": "1.39.0"
+    ".": "1.40.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 956e76df50f..74ca293a818 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,14 @@
 
 All notable changes to this project will be documented in this file.
 
+## [1.40.0](https://github.com/microsoftgraph/msgraph-beta-sdk-python/compare/v1.39.0...v1.40.0) (2025-07-17)
+
+
+### Features
+
+* **generation:** update request builders and models ([ae98056](https://github.com/microsoftgraph/msgraph-beta-sdk-python/commit/ae980568c715d8d89d5582ea3e612d5c9786664d))
+* **generation:** update request builders and models ([0b3c195](https://github.com/microsoftgraph/msgraph-beta-sdk-python/commit/0b3c1954b576b57b98480d7c28ce0df4b7e9bd71))
+
 ## [1.39.0](https://github.com/microsoftgraph/msgraph-beta-sdk-python/compare/v1.38.0...v1.39.0) (2025-07-08)
 
 
diff --git a/msgraph_beta/_version.py b/msgraph_beta/_version.py
index 2d2be1b2779..523667e6ab2 100644
--- a/msgraph_beta/_version.py
+++ b/msgraph_beta/_version.py
@@ -1,4 +1,4 @@
 # The SDK version
 # x-release-please-start-version
-VERSION: str = '1.39.0'
+VERSION: str = '1.40.0'
 # x-release-please-end
diff --git a/pyproject.toml b/pyproject.toml
index 1361d4ed265..135c04e6144 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -6,7 +6,7 @@ build-backend = "flit_core.buildapi"
 name = "msgraph-beta-sdk"
 # The SDK version
 # x-release-please-start-version
-version = "1.39.0"
+version = "1.40.0"
 # x-release-please-end
 authors = [{name = "Microsoft", email = "graphtooling+python@microsoft.com"}]
 description = "The Microsoft Graph Beta Python SDK"