diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 959e5db3dfb..3949cb5ad0a 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-	".": "2.32.0"
+	".": "2.33.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2f979f17b97..97216646d66 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [2.33.0](https://github.com/microsoftgraph/msgraph-sdk-php/compare/v2.32.0...v2.33.0) (2025-05-07)
+
+
+### Features
+
+* **generation:** update request builders and models ([f9af6a5](https://github.com/microsoftgraph/msgraph-sdk-php/commit/f9af6a5bfd9788d41cda2318706aa6e4d98976fa))
+
 ## [2.32.0](https://github.com/microsoftgraph/msgraph-sdk-php/compare/v2.31.0...v2.32.0) (2025-04-15)
 
 
diff --git a/README.md b/README.md
index ea246b362dc..15b83328601 100644
--- a/README.md
+++ b/README.md
@@ -11,7 +11,7 @@ You can install the PHP SDK with Composer by editing your `composer.json` file:
 {
     "require": {
         // x-release-please-start-version
-        "microsoft/microsoft-graph": "^2.32.0"
+        "microsoft/microsoft-graph": "^2.33.0"
         // x-release-please-end
     }
 }
diff --git a/src/GraphConstants.php b/src/GraphConstants.php
index 883493b55dd..d250ce46c2c 100644
--- a/src/GraphConstants.php
+++ b/src/GraphConstants.php
@@ -20,6 +20,6 @@ final class GraphConstants
 {
     const API_VERSION = "v1.0";
     // x-release-please-start-version
-    const SDK_VERSION = "2.32.0";
+    const SDK_VERSION = "2.33.0";
     // x-release-please-end
 }