diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index ba70b1d9806..35a44d17557 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-	".": "2.39.0"
+	".": "2.40.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4e5bd9d89ef..d8c21c058bd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [2.40.0](https://github.com/microsoftgraph/msgraph-sdk-php/compare/v2.39.0...v2.40.0) (2025-07-08)
+
+
+### Features
+
+* **generation:** update request builders and models ([5ec0536](https://github.com/microsoftgraph/msgraph-sdk-php/commit/5ec0536aea33258c207e72e6908bf2a21300a8d8))
+
 ## [2.39.0](https://github.com/microsoftgraph/msgraph-sdk-php/compare/v2.38.0...v2.39.0) (2025-07-01)
 
 
diff --git a/README.md b/README.md
index c72366274e1..82fe537d0be 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": "^2.39.0"
+        "microsoft/microsoft-graph": "^2.40.0"
         // x-release-please-end
     }
 }
diff --git a/src/GraphConstants.php b/src/GraphConstants.php
index 6c164b1ceb7..60a22751ed1 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 = "2.39.0";
+    const SDK_VERSION = "2.40.0";
     // x-release-please-end
 }