diff --git a/.cloudbuild/cloudbuild-test-a.yaml b/.cloudbuild/cloudbuild-test-a.yaml
index 711b7d1a..91beed6c 100644
--- a/.cloudbuild/cloudbuild-test-a.yaml
+++ b/.cloudbuild/cloudbuild-test-a.yaml
@@ -14,7 +14,7 @@
 
 timeout: 7200s # 2 hours
 substitutions:
-  _JAVA_SHARED_CONFIG_VERSION: '1.12.0' # {x-version-update:google-cloud-shared-config:current}
+  _JAVA_SHARED_CONFIG_VERSION: '1.12.1-SNAPSHOT' # {x-version-update:google-cloud-shared-config:current}
 
 steps:
   # GraalVM A build
diff --git a/.cloudbuild/cloudbuild-test-b.yaml b/.cloudbuild/cloudbuild-test-b.yaml
index 19094e7f..f4c321ee 100644
--- a/.cloudbuild/cloudbuild-test-b.yaml
+++ b/.cloudbuild/cloudbuild-test-b.yaml
@@ -14,7 +14,7 @@
 
 timeout: 7200s # 2 hours
 substitutions:
-  _JAVA_SHARED_CONFIG_VERSION: '1.12.0' # {x-version-update:google-cloud-shared-config:current}
+  _JAVA_SHARED_CONFIG_VERSION: '1.12.1-SNAPSHOT' # {x-version-update:google-cloud-shared-config:current}
 
 steps:
   # GraalVM B build
diff --git a/.cloudbuild/cloudbuild.yaml b/.cloudbuild/cloudbuild.yaml
index 46f22eec..5f5409a4 100644
--- a/.cloudbuild/cloudbuild.yaml
+++ b/.cloudbuild/cloudbuild.yaml
@@ -14,7 +14,7 @@
 
 timeout: 7200s # 2 hours
 substitutions:
-  _JAVA_SHARED_CONFIG_VERSION: '1.12.0' # {x-version-update:google-cloud-shared-config:current}
+  _JAVA_SHARED_CONFIG_VERSION: '1.12.1-SNAPSHOT' # {x-version-update:google-cloud-shared-config:current}
 steps:
   # GraalVM A build
   - name: gcr.io/cloud-builders/docker
diff --git a/java-shared-config/pom.xml b/java-shared-config/pom.xml
index dace2f4e..b07edb1d 100644
--- a/java-shared-config/pom.xml
+++ b/java-shared-config/pom.xml
@@ -6,7 +6,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-shared-config</artifactId>
   <packaging>pom</packaging>
-  <version>1.12.0</version><!-- {x-version-update:google-cloud-shared-config:current} -->
+  <version>1.12.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-shared-config:current} -->
   <name>Google Cloud Shared Config</name>
   <url>https://github.com/googleapis/java-shared-config</url>
   <description>
@@ -16,7 +16,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>native-image-shared-config</artifactId>
-    <version>1.12.0</version><!-- {x-version-update:google-cloud-shared-config:current} -->
+    <version>1.12.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-shared-config:current} -->
     <relativePath>../native-image-shared-config</relativePath>
   </parent>
 
diff --git a/native-image-shared-config/pom.xml b/native-image-shared-config/pom.xml
index 1fbc6442..9073934c 100644
--- a/native-image-shared-config/pom.xml
+++ b/native-image-shared-config/pom.xml
@@ -6,7 +6,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>native-image-shared-config</artifactId>
   <packaging>pom</packaging>
-  <version>1.12.0</version><!-- {x-version-update:google-cloud-shared-config:current} -->
+  <version>1.12.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-shared-config:current} -->
   <name>Native Image Shared Config</name>
   <url>https://github.com/googleapis/java-shared-config</url>
   <description>
diff --git a/versions.txt b/versions.txt
index 1fe25cdd..feb00206 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,4 +1,4 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-shared-config:1.12.0:1.12.0
+google-cloud-shared-config:1.12.0:1.12.1-SNAPSHOT