diff --git a/CHANGELOG.md b/CHANGELOG.md
index da658fae6c..7adc9e201b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,11 @@
+## v5.3.1
+
+### What's Changed
+
+
+**Full Changelog**: https://github.com/codecov/codecov-action/compare/v5.3.0..v5.3.1
+
+
 ## v5.3.0
 
 ### What's Changed
diff --git a/src/version b/src/version
index 03f488b076..c7cb1311a6 100644
--- a/src/version
+++ b/src/version
@@ -1 +1 @@
-5.3.0
+5.3.1