diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3479beba97a..00b1ddc7bf3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,31 @@
 # Changelog
 
+## [6.32.0](https://github.com/googleapis/java-spanner/compare/v6.31.2...v6.32.0) (2022-10-27)
+
+
+### Features
+
+* Enable client to server compression ([#2117](https://github.com/googleapis/java-spanner/issues/2117)) ([50f8425](https://github.com/googleapis/java-spanner/commit/50f8425fe9e1db16ed060337d26feccc9a9813e2))
+* Increase default number of channels when gRPC-GCP channel pool is enabled ([#1997](https://github.com/googleapis/java-spanner/issues/1997)) ([44f27fc](https://github.com/googleapis/java-spanner/commit/44f27fc90fa3f9f4914574fb0476e971da4c02ff))
+* Update result_set.proto to return undeclared parameters in ExecuteSql API ([#2101](https://github.com/googleapis/java-spanner/issues/2101)) ([826eb93](https://github.com/googleapis/java-spanner/commit/826eb9305095db064f52a15dc502bc0e0df9a984))
+
+
+### Dependencies
+
+* Update dependency com.google.cloud:google-cloud-monitoring to v3.4.6 ([#2093](https://github.com/googleapis/java-spanner/issues/2093)) ([b08db44](https://github.com/googleapis/java-spanner/commit/b08db443229afdc1d49ef9f5e459cade5e2abe90))
+* Update dependency com.google.cloud:google-cloud-monitoring to v3.5.0 ([#2113](https://github.com/googleapis/java-spanner/issues/2113)) ([99d825b](https://github.com/googleapis/java-spanner/commit/99d825b18397ff9e8633b89effa05e61159d956f))
+* Update dependency com.google.cloud:google-cloud-monitoring to v3.6.0 ([#2125](https://github.com/googleapis/java-spanner/issues/2125)) ([7d86fe4](https://github.com/googleapis/java-spanner/commit/7d86fe40de29311ad65bd382e55f75326d16c4e3))
+* Update dependency com.google.cloud:google-cloud-shared-dependencies to v3.0.5 ([#2122](https://github.com/googleapis/java-spanner/issues/2122)) ([308a65c](https://github.com/googleapis/java-spanner/commit/308a65c3e07e33f82b7ce474e0e95099192bb593))
+* Update dependency com.google.cloud:google-cloud-trace to v2.3.7 ([#2094](https://github.com/googleapis/java-spanner/issues/2094)) ([6ec3f3f](https://github.com/googleapis/java-spanner/commit/6ec3f3f585ed5eaecdb09d5fd1eb6c9af3b22555))
+* Update dependency com.google.cloud:google-cloud-trace to v2.4.0 ([#2114](https://github.com/googleapis/java-spanner/issues/2114)) ([84347f1](https://github.com/googleapis/java-spanner/commit/84347f1c6a52f3dfe569649f061cb16e2e466f6a))
+* Update dependency com.google.cloud:google-cloud-trace to v2.5.0 ([#2126](https://github.com/googleapis/java-spanner/issues/2126)) ([5167928](https://github.com/googleapis/java-spanner/commit/516792809cf976aeab10709ca62503b7f03bb333))
+* Update dependency org.graalvm.buildtools:junit-platform-native to v0.9.15 ([#2109](https://github.com/googleapis/java-spanner/issues/2109)) ([bf092ad](https://github.com/googleapis/java-spanner/commit/bf092ad7ac86c500e8a445397e192cb8fb0594ae))
+* Update dependency org.graalvm.buildtools:junit-platform-native to v0.9.16 ([#2119](https://github.com/googleapis/java-spanner/issues/2119)) ([b2d27e8](https://github.com/googleapis/java-spanner/commit/b2d27e8f841cab096d5ccad64a250c7f0b35f670))
+* Update dependency org.graalvm.buildtools:native-maven-plugin to v0.9.15 ([#2110](https://github.com/googleapis/java-spanner/issues/2110)) ([d28b202](https://github.com/googleapis/java-spanner/commit/d28b202cfc29e8fbbfdf3612b94bab5c2f319419))
+* Update dependency org.graalvm.buildtools:native-maven-plugin to v0.9.16 ([#2120](https://github.com/googleapis/java-spanner/issues/2120)) ([151cf77](https://github.com/googleapis/java-spanner/commit/151cf778ff76edaee9e849181f72119ffa6cb897))
+* Update dependency org.graalvm.sdk:graal-sdk to v22.2.0.1 ([#2102](https://github.com/googleapis/java-spanner/issues/2102)) ([68c2089](https://github.com/googleapis/java-spanner/commit/68c2089101124b9887af57b2697c35a64eb1a51f))
+* Update dependency org.graalvm.sdk:graal-sdk to v22.3.0 ([#2116](https://github.com/googleapis/java-spanner/issues/2116)) ([9d6930b](https://github.com/googleapis/java-spanner/commit/9d6930b77ec479e5f517236852244476c23dc5c8))
+
 ## [6.31.2](https://github.com/googleapis/java-spanner/compare/v6.31.1...v6.31.2) (2022-10-05)
 
 
diff --git a/google-cloud-spanner-bom/pom.xml b/google-cloud-spanner-bom/pom.xml
index 470ac09357c..9b872f48614 100644
--- a/google-cloud-spanner-bom/pom.xml
+++ b/google-cloud-spanner-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-spanner-bom</artifactId>
-  <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
+  <version>6.32.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -53,43 +53,43 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-spanner</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
+        <version>6.32.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-spanner</artifactId>
         <type>test-jar</type>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
+        <version>6.32.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-spanner-v1</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-v1:current} -->
+        <version>6.32.0</version><!-- {x-version-update:grpc-google-cloud-spanner-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-spanner-admin-instance-v1</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-instance-v1:current} -->
+        <version>6.32.0</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-instance-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-spanner-admin-database-v1</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-database-v1:current} -->
+        <version>6.32.0</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-database-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-spanner-admin-instance-v1</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-admin-instance-v1:current} -->
+        <version>6.32.0</version><!-- {x-version-update:proto-google-cloud-spanner-admin-instance-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-spanner-v1</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-v1:current} -->
+        <version>6.32.0</version><!-- {x-version-update:proto-google-cloud-spanner-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-spanner-admin-database-v1</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-admin-database-v1:current} -->
+        <version>6.32.0</version><!-- {x-version-update:proto-google-cloud-spanner-admin-database-v1:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-spanner/pom.xml b/google-cloud-spanner/pom.xml
index 811fa55f935..06f014ca11f 100644
--- a/google-cloud-spanner/pom.xml
+++ b/google-cloud-spanner/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-spanner</artifactId>
-  <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
+  <version>6.32.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Spanner</name>
   <url>https://github.com/googleapis/java-spanner</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>6.32.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-spanner</site.installationModule>
diff --git a/grpc-google-cloud-spanner-admin-database-v1/pom.xml b/grpc-google-cloud-spanner-admin-database-v1/pom.xml
index 308ce569d4a..bcb3bd26032 100644
--- a/grpc-google-cloud-spanner-admin-database-v1/pom.xml
+++ b/grpc-google-cloud-spanner-admin-database-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-spanner-admin-database-v1</artifactId>
-  <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-database-v1:current} -->
+  <version>6.32.0</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-database-v1:current} -->
   <name>grpc-google-cloud-spanner-admin-database-v1</name>
   <description>GRPC library for grpc-google-cloud-spanner-admin-database-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>6.32.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/grpc-google-cloud-spanner-admin-instance-v1/pom.xml b/grpc-google-cloud-spanner-admin-instance-v1/pom.xml
index e6276f604fd..f51e037e252 100644
--- a/grpc-google-cloud-spanner-admin-instance-v1/pom.xml
+++ b/grpc-google-cloud-spanner-admin-instance-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-spanner-admin-instance-v1</artifactId>
-  <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-instance-v1:current} -->
+  <version>6.32.0</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-instance-v1:current} -->
   <name>grpc-google-cloud-spanner-admin-instance-v1</name>
   <description>GRPC library for grpc-google-cloud-spanner-admin-instance-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>6.32.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/grpc-google-cloud-spanner-v1/pom.xml b/grpc-google-cloud-spanner-v1/pom.xml
index 2055f075062..355c54616d1 100644
--- a/grpc-google-cloud-spanner-v1/pom.xml
+++ b/grpc-google-cloud-spanner-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-spanner-v1</artifactId>
-  <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-v1:current} -->
+  <version>6.32.0</version><!-- {x-version-update:grpc-google-cloud-spanner-v1:current} -->
   <name>grpc-google-cloud-spanner-v1</name>
   <description>GRPC library for grpc-google-cloud-spanner-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>6.32.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 1ba0a7d7ddd..e1c223e67e0 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-spanner-parent</artifactId>
   <packaging>pom</packaging>
-  <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
+  <version>6.32.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
   <name>Google Cloud Spanner Parent</name>
   <url>https://github.com/googleapis/java-spanner</url>
   <description>
@@ -62,37 +62,37 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-spanner-admin-instance-v1</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-admin-instance-v1:current} -->
+        <version>6.32.0</version><!-- {x-version-update:proto-google-cloud-spanner-admin-instance-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-spanner-v1</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-v1:current} -->
+        <version>6.32.0</version><!-- {x-version-update:proto-google-cloud-spanner-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-spanner-admin-database-v1</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-admin-database-v1:current} -->
+        <version>6.32.0</version><!-- {x-version-update:proto-google-cloud-spanner-admin-database-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-spanner-v1</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-v1:current} -->
+        <version>6.32.0</version><!-- {x-version-update:grpc-google-cloud-spanner-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-spanner-admin-instance-v1</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-instance-v1:current} -->
+        <version>6.32.0</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-instance-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-spanner-admin-database-v1</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-database-v1:current} -->
+        <version>6.32.0</version><!-- {x-version-update:grpc-google-cloud-spanner-admin-database-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-spanner</artifactId>
-        <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
+        <version>6.32.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
       </dependency>
 
       <dependency>
diff --git a/proto-google-cloud-spanner-admin-database-v1/pom.xml b/proto-google-cloud-spanner-admin-database-v1/pom.xml
index 7c0796d22ef..8871a34155a 100644
--- a/proto-google-cloud-spanner-admin-database-v1/pom.xml
+++ b/proto-google-cloud-spanner-admin-database-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-spanner-admin-database-v1</artifactId>
-  <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-admin-database-v1:current} -->
+  <version>6.32.0</version><!-- {x-version-update:proto-google-cloud-spanner-admin-database-v1:current} -->
   <name>proto-google-cloud-spanner-admin-database-v1</name>
   <description>PROTO library for proto-google-cloud-spanner-admin-database-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>6.32.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/proto-google-cloud-spanner-admin-instance-v1/pom.xml b/proto-google-cloud-spanner-admin-instance-v1/pom.xml
index 33a230c5fad..c4fae44eefc 100644
--- a/proto-google-cloud-spanner-admin-instance-v1/pom.xml
+++ b/proto-google-cloud-spanner-admin-instance-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-spanner-admin-instance-v1</artifactId>
-  <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-admin-instance-v1:current} -->
+  <version>6.32.0</version><!-- {x-version-update:proto-google-cloud-spanner-admin-instance-v1:current} -->
   <name>proto-google-cloud-spanner-admin-instance-v1</name>
   <description>PROTO library for proto-google-cloud-spanner-admin-instance-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>6.32.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/proto-google-cloud-spanner-v1/pom.xml b/proto-google-cloud-spanner-v1/pom.xml
index a77b27e0026..d6089719b1e 100644
--- a/proto-google-cloud-spanner-v1/pom.xml
+++ b/proto-google-cloud-spanner-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-spanner-v1</artifactId>
-  <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-spanner-v1:current} -->
+  <version>6.32.0</version><!-- {x-version-update:proto-google-cloud-spanner-v1:current} -->
   <name>proto-google-cloud-spanner-v1</name>
   <description>PROTO library for proto-google-cloud-spanner-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-spanner-parent</artifactId>
-    <version>6.31.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-spanner:current} -->
+    <version>6.32.0</version><!-- {x-version-update:google-cloud-spanner:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/samples/snapshot/pom.xml b/samples/snapshot/pom.xml
index 758a6b49963..a6dc76845de 100644
--- a/samples/snapshot/pom.xml
+++ b/samples/snapshot/pom.xml
@@ -31,7 +31,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-spanner</artifactId>
-      <version>6.31.3-SNAPSHOT</version>
+      <version>6.32.0</version>
     </dependency>
     <!-- {x-version-update-end} -->
     
diff --git a/versions.txt b/versions.txt
index 960085419e6..77898b4d75c 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,10 +1,10 @@
 # Format:
 # module:released-version:current-version
 
-proto-google-cloud-spanner-admin-instance-v1:6.31.2:6.31.3-SNAPSHOT
-proto-google-cloud-spanner-v1:6.31.2:6.31.3-SNAPSHOT
-proto-google-cloud-spanner-admin-database-v1:6.31.2:6.31.3-SNAPSHOT
-grpc-google-cloud-spanner-v1:6.31.2:6.31.3-SNAPSHOT
-grpc-google-cloud-spanner-admin-instance-v1:6.31.2:6.31.3-SNAPSHOT
-grpc-google-cloud-spanner-admin-database-v1:6.31.2:6.31.3-SNAPSHOT
-google-cloud-spanner:6.31.2:6.31.3-SNAPSHOT
+proto-google-cloud-spanner-admin-instance-v1:6.32.0:6.32.0
+proto-google-cloud-spanner-v1:6.32.0:6.32.0
+proto-google-cloud-spanner-admin-database-v1:6.32.0:6.32.0
+grpc-google-cloud-spanner-v1:6.32.0:6.32.0
+grpc-google-cloud-spanner-admin-instance-v1:6.32.0:6.32.0
+grpc-google-cloud-spanner-admin-database-v1:6.32.0:6.32.0
+google-cloud-spanner:6.32.0:6.32.0