diff --git a/cmd/version.go b/cmd/version.go
index 50d0c30d..ba95a2f7 100644
--- a/cmd/version.go
+++ b/cmd/version.go
@@ -11,7 +11,7 @@ var (
 	GitDescribe string
 
 	// Version is main version number that is being run at the moment.
-	Version = "4.25.3"
+	Version = "4.26.1"
 
 	// VersionPrerelease is a pre-release marker for the version. If this is "" (empty string)
 	// then it means that it is a final release. Otherwise, this is a pre-release
diff --git a/release_notes.txt b/release_notes.txt
index 5e60603a..e8a59ae6 100644
--- a/release_notes.txt
+++ b/release_notes.txt
@@ -1,3 +1,11 @@
+4.26.1:
+  - Switched to new expression parser (#1264)
+  - Don't clobber anchor when adding nodes (#1269)
+  - New error operator for custom validation (#1259)
+  - Added support for --wrapScalar=false in properties encoder (#1241) Thanks @dcarbone
+  - Fix error on multiple assign (#1257) Thanks @care0717
+  - Bumped dependency versions
+
 4.25.4:
   - Fixed panic when using multiply assign on multiple documents #1256 Thanks @care0717
 
diff --git a/snap/snapcraft.yaml b/snap/snapcraft.yaml
index 50fe05d4..6a85b3db 100644
--- a/snap/snapcraft.yaml
+++ b/snap/snapcraft.yaml
@@ -1,5 +1,5 @@
 name: yq
-version: '4.25.3'
+version: '4.26.1'
 summary: A lightweight and portable command-line YAML processor
 description: |
   The aim of the project is to be the jq or sed of yaml files.