diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 94124d32ea..2a7042a5dd 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    ".": "1.49.0"
+    ".": "1.50.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5b7c69eb33..30ab82c897 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,13 @@
 All notable changes to this project will be documented in this file.
 
 
+## [1.50.0](https://github.com/microsoftgraph/msgraph-sdk-python/compare/v1.49.0...v1.50.0) (2025-12-03)
+
+
+### Features
+
+* **generation:** update request builders and models ([#1394](https://github.com/microsoftgraph/msgraph-sdk-python/issues/1394)) ([dca4692](https://github.com/microsoftgraph/msgraph-sdk-python/commit/dca4692b455abafb21bc7d93855f478394004ae1))
+
 ## [1.49.0](https://github.com/microsoftgraph/msgraph-sdk-python/compare/v1.48.0...v1.49.0) (2025-11-18)
 
 
diff --git a/msgraph/_version.py b/msgraph/_version.py
index 7f234f3612..c5a6fb14ef 100644
--- a/msgraph/_version.py
+++ b/msgraph/_version.py
@@ -1,4 +1,4 @@
 # The SDK version
 # x-release-please-start-version
-VERSION: str = '1.49.0'
+VERSION: str = '1.50.0'
 # x-release-please-end
diff --git a/pyproject.toml b/pyproject.toml
index 8597184fe1..d505a03e32 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -6,7 +6,7 @@ build-backend = "flit_core.buildapi"
 name = "msgraph-sdk"
 # The SDK version
 # x-release-please-start-version
-version = "1.49.0"
+version = "1.50.0"
 # x-release-please-end
 authors = [{name = "Microsoft", email = "graphtooling+python@microsoft.com"}]
 description = "The Microsoft Graph Python SDK"