diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1ddfd0aa7..e469f6d0b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,15 @@
 **See the full release notes on the official documentation website: https://www.elastic.co/docs/release-notes/elasticsearch/clients/ruby**
 
+# 9.2.1
+
+## Gem
+
+* Fixes a bug in BulkHelper when using `update` with slice. Thanks [gitviola](https://github.com/gitviola)! [Pull Request](https://github.com/elastic/elasticsearch-ruby/pull/2907)
+
+## Elasticsearch API
+
+* Elasticsearch API code and source code documentation updated to the latest Elasticsearch 9.2 specification.
+
 # 9.2.0
 
 ## Gem
diff --git a/elasticsearch-api/lib/elasticsearch/api/version.rb b/elasticsearch-api/lib/elasticsearch/api/version.rb
index 5283fb14e..6f95eec68 100644
--- a/elasticsearch-api/lib/elasticsearch/api/version.rb
+++ b/elasticsearch-api/lib/elasticsearch/api/version.rb
@@ -17,7 +17,7 @@
 
 module Elasticsearch
   module API
-    VERSION = '9.2.0'.freeze
+    VERSION = '9.2.1'.freeze
     ES_SPECIFICATION_COMMIT = '49022a2c08d291955de83e26c583b7dc628fb558'.freeze
   end
 end
diff --git a/elasticsearch/elasticsearch.gemspec b/elasticsearch/elasticsearch.gemspec
index 85556423c..ace05e036 100644
--- a/elasticsearch/elasticsearch.gemspec
+++ b/elasticsearch/elasticsearch.gemspec
@@ -46,7 +46,7 @@ Gem::Specification.new do |s|
   s.rdoc_options      = ['--charset=UTF-8']
 
   s.required_ruby_version = '>= 2.6' # For compatibility with JRuby 9.3
-  s.add_dependency 'elasticsearch-api', '9.2.0'
+  s.add_dependency 'elasticsearch-api', '9.2.1'
   s.add_dependency 'elastic-transport', '~> 8.3'
 
   s.add_development_dependency 'base64'
diff --git a/elasticsearch/lib/elasticsearch/version.rb b/elasticsearch/lib/elasticsearch/version.rb
index a69e48226..b24f3236d 100644
--- a/elasticsearch/lib/elasticsearch/version.rb
+++ b/elasticsearch/lib/elasticsearch/version.rb
@@ -16,5 +16,5 @@
 # under the License.
 
 module Elasticsearch
-  VERSION = '9.2.0'.freeze
+  VERSION = '9.2.1'.freeze
 end