diff --git a/CHANGELOG.md b/CHANGELOG.md
index 53359f0909..b156e3a5be 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 ## master / unreleased
 
+## 1.12.1 / 2026-07.13
+
+* [BUGFIX] perf: Fix perf profiler flag handling #3731
+
 ## 1.12.0 / 2026-07-10
 
 * [FEATURE] mountstats: Add NFS mountpoint info metric #3554
diff --git a/VERSION b/VERSION
index 0eed1a29ef..f8f4f03b3d 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.12.0
+1.12.1