diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 6bbb93ecba78..3a019eec52df 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -423,7 +423,7 @@
   "google-cloud-kms-inventory+FILLER": "0.0.0",
   "google-cloud-kms-inventory-v1": "0.13.0",
   "google-cloud-kms-inventory-v1+FILLER": "0.0.0",
-  "google-cloud-kms-v1": "1.4.0",
+  "google-cloud-kms-v1": "1.5.0",
   "google-cloud-kms-v1+FILLER": "0.0.0",
   "google-cloud-language": "2.0.0",
   "google-cloud-language+FILLER": "0.0.0",
diff --git a/google-cloud-kms-v1/CHANGELOG.md b/google-cloud-kms-v1/CHANGELOG.md
index 508734c69f82..7011f3d2300b 100644
--- a/google-cloud-kms-v1/CHANGELOG.md
+++ b/google-cloud-kms-v1/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Release History
 
+### 1.5.0 (2025-02-23)
+
+#### Features
+
+* Introduce PublicKeyFormat enum for selecting public key export encoding 
+* Support PQC asymmetric signing algorithms ML_DSA_65 and SLH_DSA_SHA2_128s ([#29168](https://github.com/googleapis/google-cloud-ruby/issues/29168)) 
+
 ### 1.4.0 (2025-01-28)
 
 #### Features
diff --git a/google-cloud-kms-v1/lib/google/cloud/kms/v1/version.rb b/google-cloud-kms-v1/lib/google/cloud/kms/v1/version.rb
index 9d20bfabad7d..a1d65c6a8878 100644
--- a/google-cloud-kms-v1/lib/google/cloud/kms/v1/version.rb
+++ b/google-cloud-kms-v1/lib/google/cloud/kms/v1/version.rb
@@ -21,7 +21,7 @@ module Google
   module Cloud
     module Kms
       module V1
-        VERSION = "1.4.0"
+        VERSION = "1.5.0"
       end
     end
   end
diff --git a/google-cloud-kms-v1/snippets/snippet_metadata_google.cloud.kms.v1.json b/google-cloud-kms-v1/snippets/snippet_metadata_google.cloud.kms.v1.json
index 6d4b8b400604..f1ed7dc13f25 100644
--- a/google-cloud-kms-v1/snippets/snippet_metadata_google.cloud.kms.v1.json
+++ b/google-cloud-kms-v1/snippets/snippet_metadata_google.cloud.kms.v1.json
@@ -1,7 +1,7 @@
 {
   "client_library": {
     "name": "google-cloud-kms-v1",
-    "version": "1.4.0",
+    "version": "1.5.0",
     "language": "RUBY",
     "apis": [
       {