diff --git a/elasticsearch-api/lib/elasticsearch/api/version.rb b/elasticsearch-api/lib/elasticsearch/api/version.rb
index 8cdccb887b..a6f210ea1c 100644
--- a/elasticsearch-api/lib/elasticsearch/api/version.rb
+++ b/elasticsearch-api/lib/elasticsearch/api/version.rb
@@ -17,6 +17,6 @@
 
 module Elasticsearch
   module API
-    VERSION = '8.12.1'.freeze
+    VERSION = '8.12.2'.freeze
   end
 end
diff --git a/elasticsearch/elasticsearch.gemspec b/elasticsearch/elasticsearch.gemspec
index 21d1ed0d89..217b059b94 100644
--- a/elasticsearch/elasticsearch.gemspec
+++ b/elasticsearch/elasticsearch.gemspec
@@ -46,7 +46,7 @@ Gem::Specification.new do |s|
   s.required_ruby_version = '>= 2.5'
 
   s.add_dependency 'elastic-transport', '~> 8.3'
-  s.add_dependency 'elasticsearch-api', '8.12.1'
+  s.add_dependency 'elasticsearch-api', '8.12.2'
 
   s.add_development_dependency 'base64'
   s.add_development_dependency 'bundler'
diff --git a/elasticsearch/lib/elasticsearch/version.rb b/elasticsearch/lib/elasticsearch/version.rb
index b16976927c..bd7761b4a0 100644
--- a/elasticsearch/lib/elasticsearch/version.rb
+++ b/elasticsearch/lib/elasticsearch/version.rb
@@ -16,5 +16,5 @@
 # under the License.
 
 module Elasticsearch
-  VERSION = '8.12.1'.freeze
+  VERSION = '8.12.2'.freeze
 end