diff --git a/.kokoro/presubmit/graalvm-native-a.cfg b/.kokoro/presubmit/graalvm-native-a.cfg
index 5cc939cf9..d72ed3f0e 100644
--- a/.kokoro/presubmit/graalvm-native-a.cfg
+++ b/.kokoro/presubmit/graalvm-native-a.cfg
@@ -3,7 +3,7 @@
 # Configure the docker image for kokoro-trampoline.
 env_vars: {
   key: "TRAMPOLINE_IMAGE"
-  value: "gcr.io/cloud-devrel-public-resources/graalvm_sdk_platform_a:3.49.0" # {x-version-update:google-cloud-shared-dependencies:current}
+  value: "gcr.io/cloud-devrel-public-resources/graalvm_sdk_platform_a:3.48.0" # {x-version-update:google-cloud-shared-dependencies:current}
 }
 
 env_vars: {
diff --git a/.kokoro/presubmit/graalvm-native-b.cfg b/.kokoro/presubmit/graalvm-native-b.cfg
index fd0015918..f2e296b84 100644
--- a/.kokoro/presubmit/graalvm-native-b.cfg
+++ b/.kokoro/presubmit/graalvm-native-b.cfg
@@ -3,7 +3,7 @@
 # Configure the docker image for kokoro-trampoline.
 env_vars: {
   key: "TRAMPOLINE_IMAGE"
-  value: "gcr.io/cloud-devrel-public-resources/graalvm_sdk_platform_b:3.49.0" # {x-version-update:google-cloud-shared-dependencies:current}
+  value: "gcr.io/cloud-devrel-public-resources/graalvm_sdk_platform_b:3.48.0" # {x-version-update:google-cloud-shared-dependencies:current}
 }
 
 env_vars: {
diff --git a/.kokoro/presubmit/graalvm-native-c.cfg b/.kokoro/presubmit/graalvm-native-c.cfg
index 424494b02..68512fbff 100644
--- a/.kokoro/presubmit/graalvm-native-c.cfg
+++ b/.kokoro/presubmit/graalvm-native-c.cfg
@@ -3,7 +3,7 @@
 # Configure the docker image for kokoro-trampoline.
 env_vars: {
   key: "TRAMPOLINE_IMAGE"
-  value: "gcr.io/cloud-devrel-public-resources/graalvm_sdk_platform_c:3.49.0" # {x-version-update:google-cloud-shared-dependencies:current}
+  value: "gcr.io/cloud-devrel-public-resources/graalvm_sdk_platform_c:3.48.0" # {x-version-update:google-cloud-shared-dependencies:current}
 }
 
 env_vars: {
diff --git a/README.md b/README.md
index a7c519706..b023a93a6 100644
--- a/README.md
+++ b/README.md
@@ -19,7 +19,7 @@ If you are using Maven with [BOM][libraries-bom], add this to your pom.xml file:
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>libraries-bom</artifactId>
-      <version>26.60.0</version>
+      <version>26.61.0</version>
       <type>pom</type>
       <scope>import</scope>
     </dependency>
diff --git a/google-cloud-pubsub-bom/pom.xml b/google-cloud-pubsub-bom/pom.xml
index cd49eff83..072091078 100644
--- a/google-cloud-pubsub-bom/pom.xml
+++ b/google-cloud-pubsub-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-pubsub-bom</artifactId>
-  <version>1.139.4</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+  <version>1.139.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -52,17 +52,17 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-pubsub</artifactId>
-        <version>1.139.4</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+        <version>1.139.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-pubsub-v1</artifactId>
-        <version>1.121.4</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
+        <version>1.121.5-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-pubsub-v1</artifactId>
-        <version>1.121.4</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
+        <version>1.121.5-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-pubsub/pom.xml b/google-cloud-pubsub/pom.xml
index dd5fe6a55..680e89219 100644
--- a/google-cloud-pubsub/pom.xml
+++ b/google-cloud-pubsub/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-pubsub</artifactId>
-  <version>1.139.4</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+  <version>1.139.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Pub/Sub</name>
   <url>https://github.com/googleapis/java-pubsub</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-pubsub-parent</artifactId>
-    <version>1.139.4</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+    <version>1.139.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-pubsub</site.installationModule>
diff --git a/grpc-google-cloud-pubsub-v1/pom.xml b/grpc-google-cloud-pubsub-v1/pom.xml
index c44258fb1..287e0afb6 100644
--- a/grpc-google-cloud-pubsub-v1/pom.xml
+++ b/grpc-google-cloud-pubsub-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-pubsub-v1</artifactId>
-  <version>1.121.4</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
+  <version>1.121.5-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
   <name>grpc-google-cloud-pubsub-v1</name>
   <description>GRPC library for grpc-google-cloud-pubsub-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-pubsub-parent</artifactId>
-    <version>1.139.4</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+    <version>1.139.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 4f1cd065b..0700ea85c 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-pubsub-parent</artifactId>
   <packaging>pom</packaging>
-  <version>1.139.4</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+  <version>1.139.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   <name>Google Cloud Pub/Sub Parent</name>
   <url>https://github.com/googleapis/java-pubsub</url>
   <description>
@@ -69,17 +69,17 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-pubsub-v1</artifactId>
-        <version>1.121.4</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
+        <version>1.121.5-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-pubsub-v1</artifactId>
-        <version>1.121.4</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
+        <version>1.121.5-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-pubsub</artifactId>
-        <version>1.139.4</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+        <version>1.139.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
       </dependency>
 
       <!-- Test dependencies -->
diff --git a/proto-google-cloud-pubsub-v1/pom.xml b/proto-google-cloud-pubsub-v1/pom.xml
index 0586560ae..86de777c6 100644
--- a/proto-google-cloud-pubsub-v1/pom.xml
+++ b/proto-google-cloud-pubsub-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-pubsub-v1</artifactId>
-  <version>1.121.4</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
+  <version>1.121.5-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
   <name>proto-google-cloud-pubsub-v1</name>
   <description>PROTO library for proto-google-cloud-pubsub-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-pubsub-parent</artifactId>
-    <version>1.139.4</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+    <version>1.139.5-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/samples/snapshot/pom.xml b/samples/snapshot/pom.xml
index ca7eae922..4a254d46b 100644
--- a/samples/snapshot/pom.xml
+++ b/samples/snapshot/pom.xml
@@ -43,7 +43,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-pubsub</artifactId>
-      <version>1.139.4</version>
+      <version>1.139.5-SNAPSHOT</version>
     </dependency>
     <!-- {x-version-update-end} -->
 
diff --git a/versions.txt b/versions.txt
index 891e99e9b..a05e9f228 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,6 +1,6 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-pubsub:1.139.4:1.139.4
-grpc-google-cloud-pubsub-v1:1.121.4:1.121.4
-proto-google-cloud-pubsub-v1:1.121.4:1.121.4
+google-cloud-pubsub:1.139.4:1.139.5-SNAPSHOT
+grpc-google-cloud-pubsub-v1:1.121.4:1.121.5-SNAPSHOT
+proto-google-cloud-pubsub-v1:1.121.4:1.121.5-SNAPSHOT