diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4f383ae1..119f3739 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,30 @@
+## [Omni 0.46.3](https://github.com/siderolabs/omni/releases/tag/v0.46.3) (2025-02-06)
+
+Welcome to the 0.46.3 release of Omni!
+
+
+
+Please try out the release binaries and report any issues at
+https://github.com/siderolabs/omni/issues.
+
+### Contributors
+
+* Dmitriy Matrenichev
+
+### Changes
+<details><summary>1 commit</summary>
+<p>
+
+* [`3aca8a0`](https://github.com/siderolabs/omni/commit/3aca8a026ba562efbea2765cc5d21ce611871135) chore: omni enable config compression by default
+</p>
+</details>
+
+### Dependency Changes
+
+This release has no dependency changes
+
+Previous release can be found at [v0.46.2](https://github.com/siderolabs/omni/releases/tag/v0.46.2)
+
 ## [Omni 0.46.2](https://github.com/siderolabs/omni/releases/tag/v0.46.2) (2025-02-05)
 
 Welcome to the v0.46.2 release of Omni!
diff --git a/hack/release.toml b/hack/release.toml
index 208c7f36..78ec9a9e 100644
--- a/hack/release.toml
+++ b/hack/release.toml
@@ -6,4 +6,4 @@ github_repo = "siderolabs/omni"
 match_deps = "^github.com/((talos-systems|siderolabs)/[a-zA-Z0-9-]+)$"
 
 pre_release = false
-previous = "v0.46.1"
+previous = "v0.46.2"
diff --git a/internal/version/data/tag b/internal/version/data/tag
index 7d20f6f1..1dffe584 100644
--- a/internal/version/data/tag
+++ b/internal/version/data/tag
@@ -1 +1 @@
-v0.46.2
+v0.46.3