diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0ac219c3d..a61fd7e44 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,8 @@ All notable changes to this project will be documented in this file.
 
 ## Unreleased
 
+## [0.121.0] - 2026-02-10
+
 ### Added
 
 - Add user exclusion management to the Google Workspace bridge
diff --git a/GNUmakefile b/GNUmakefile
index 01069afd4..a4e6db6be 100644
--- a/GNUmakefile
+++ b/GNUmakefile
@@ -20,7 +20,7 @@ DOCKER_BUILD=	DOCKER_BUILDKIT=1 $(DOCKER) build $(DOCKER_BUILD_FLAGS)
 
 DOCKER_COMPOSE=	$(DOCKER) compose -f compose.yaml $(DOCKER_COMPOSE_FLAGS)
 
-VERSION=	0.120.0
+VERSION=	0.121.0
 LDFLAGS=	-ldflags "-X 'main.version=$(VERSION)' -X 'main.env=prod'"
 GCFLAGS=	-gcflags="-e"