diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 017253e1b896..b76bba6055d2 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "2.201.0"
+  ".": "2.201.1"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 07f4c1507775..ca61b0104b2d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,17 @@
 # Changelog
 
+## [2.201.1](https://github.com/Flagsmith/flagsmith/compare/v2.201.0...v2.201.1) (2025-11-12)
+
+
+### Bug Fixes
+
+* Ensure `PROMETHEUS_MULTIPROC_DIR` at buildtime ([#6281](https://github.com/Flagsmith/flagsmith/issues/6281)) ([ab1aaf3](https://github.com/Flagsmith/flagsmith/commit/ab1aaf30e070001dc6b9e0471e9ba129f1524e4c))
+
+
+### Dependency Updates
+
+* Bump flagsmith-common from 2.2.4 to 2.2.7 ([ab1aaf3](https://github.com/Flagsmith/flagsmith/commit/ab1aaf30e070001dc6b9e0471e9ba129f1524e4c))
+
 ## [2.201.0](https://github.com/Flagsmith/flagsmith/compare/v2.200.0...v2.201.0) (2025-11-12)
 
 
diff --git a/version.txt b/version.txt
index b485cb5d051a..5bcc05b9b5e6 100644
--- a/version.txt
+++ b/version.txt
@@ -1 +1 @@
-2.201.0
+2.201.1