diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5f5740f5f..afd36bfec 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,14 @@
 # Changelog
 
+## [1.127.1](https://github.com/googleapis/java-pubsub/compare/v1.127.0...v1.127.1) (2024-03-04)
+
+
+### Dependencies
+
+* Update dependency com.google.cloud:google-cloud-bigquery to v2.38.0 ([#1931](https://github.com/googleapis/java-pubsub/issues/1931)) ([357c901](https://github.com/googleapis/java-pubsub/commit/357c901029a8bc5fb9800a7fae6f3d93080c0a0d))
+* Update dependency com.google.cloud:google-cloud-core to v2.35.0 ([#1936](https://github.com/googleapis/java-pubsub/issues/1936)) ([785e6d1](https://github.com/googleapis/java-pubsub/commit/785e6d1e4f2234d2c49183fc06d3f73de537171b))
+* Update dependency com.google.cloud:sdk-platform-java-config to v3.27.0 ([#1937](https://github.com/googleapis/java-pubsub/issues/1937)) ([75e7e5e](https://github.com/googleapis/java-pubsub/commit/75e7e5e9eede53e87a6bc8ccda957990ea9b0673))
+
 ## [1.127.0](https://github.com/googleapis/java-pubsub/compare/v1.126.6...v1.127.0) (2024-02-28)
 
 
diff --git a/google-cloud-pubsub-bom/pom.xml b/google-cloud-pubsub-bom/pom.xml
index 6bdc2ef98..eec78be7b 100644
--- a/google-cloud-pubsub-bom/pom.xml
+++ b/google-cloud-pubsub-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-pubsub-bom</artifactId>
-  <version>1.127.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+  <version>1.127.1</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -52,17 +52,17 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-pubsub</artifactId>
-        <version>1.127.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+        <version>1.127.1</version><!-- {x-version-update:google-cloud-pubsub:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-pubsub-v1</artifactId>
-        <version>1.109.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
+        <version>1.109.1</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-pubsub-v1</artifactId>
-        <version>1.109.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
+        <version>1.109.1</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-pubsub/pom.xml b/google-cloud-pubsub/pom.xml
index cd3cfe185..c7a8e188d 100644
--- a/google-cloud-pubsub/pom.xml
+++ b/google-cloud-pubsub/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-pubsub</artifactId>
-  <version>1.127.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+  <version>1.127.1</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Pub/Sub</name>
   <url>https://github.com/googleapis/java-pubsub</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-pubsub-parent</artifactId>
-    <version>1.127.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+    <version>1.127.1</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-pubsub</site.installationModule>
diff --git a/grpc-google-cloud-pubsub-v1/pom.xml b/grpc-google-cloud-pubsub-v1/pom.xml
index 6a3ba8220..eab2eaf2d 100644
--- a/grpc-google-cloud-pubsub-v1/pom.xml
+++ b/grpc-google-cloud-pubsub-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-pubsub-v1</artifactId>
-  <version>1.109.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
+  <version>1.109.1</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
   <name>grpc-google-cloud-pubsub-v1</name>
   <description>GRPC library for grpc-google-cloud-pubsub-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-pubsub-parent</artifactId>
-    <version>1.127.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+    <version>1.127.1</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 78f83277d..f4e6aa8b7 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-pubsub-parent</artifactId>
   <packaging>pom</packaging>
-  <version>1.127.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+  <version>1.127.1</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   <name>Google Cloud Pub/Sub Parent</name>
   <url>https://github.com/googleapis/java-pubsub</url>
   <description>
@@ -69,17 +69,17 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-pubsub-v1</artifactId>
-        <version>1.109.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
+        <version>1.109.1</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-pubsub-v1</artifactId>
-        <version>1.109.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
+        <version>1.109.1</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-pubsub</artifactId>
-        <version>1.127.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+        <version>1.127.1</version><!-- {x-version-update:google-cloud-pubsub:current} -->
       </dependency>
 
       <!-- Test dependencies -->
diff --git a/proto-google-cloud-pubsub-v1/pom.xml b/proto-google-cloud-pubsub-v1/pom.xml
index 03fc0d62c..8a5feb8ef 100644
--- a/proto-google-cloud-pubsub-v1/pom.xml
+++ b/proto-google-cloud-pubsub-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-pubsub-v1</artifactId>
-  <version>1.109.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
+  <version>1.109.1</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
   <name>proto-google-cloud-pubsub-v1</name>
   <description>PROTO library for proto-google-cloud-pubsub-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-pubsub-parent</artifactId>
-    <version>1.127.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+    <version>1.127.1</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/samples/snapshot/pom.xml b/samples/snapshot/pom.xml
index 59ec7a69f..556c52990 100644
--- a/samples/snapshot/pom.xml
+++ b/samples/snapshot/pom.xml
@@ -43,7 +43,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-pubsub</artifactId>
-      <version>1.127.1-SNAPSHOT</version>
+      <version>1.127.1</version>
     </dependency>
     <!-- {x-version-update-end} -->
 
diff --git a/versions.txt b/versions.txt
index 29079cbd3..15e405fcb 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,6 +1,6 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-pubsub:1.127.0:1.127.1-SNAPSHOT
-grpc-google-cloud-pubsub-v1:1.109.0:1.109.1-SNAPSHOT
-proto-google-cloud-pubsub-v1:1.109.0:1.109.1-SNAPSHOT
+google-cloud-pubsub:1.127.1:1.127.1
+grpc-google-cloud-pubsub-v1:1.109.1:1.109.1
+proto-google-cloud-pubsub-v1:1.109.1:1.109.1