diff --git a/.release-please-manifest-individual.json b/.release-please-manifest-individual.json
index b895b455649f..60b8a4fc10cf 100644
--- a/.release-please-manifest-individual.json
+++ b/.release-please-manifest-individual.json
@@ -8,7 +8,7 @@
   "firestore": "1.18.0",
   "logging": "1.13.0",
   "profiler": "0.4.2",
-  "pubsub": "1.45.3",
+  "pubsub": "1.46.0",
   "pubsublite": "1.8.2",
   "spanner": "1.73.0",
   "storage": "1.50.0",
diff --git a/pubsub/CHANGES.md b/pubsub/CHANGES.md
index 6fa19cb0bafe..499665aefa00 100644
--- a/pubsub/CHANGES.md
+++ b/pubsub/CHANGES.md
@@ -1,5 +1,18 @@
 # Changes
 
+## [1.46.0](https://github.com/googleapis/google-cloud-go/compare/pubsub/v1.45.3...pubsub/v1.46.0) (2025-01-16)
+
+
+### Features
+
+* **pubsub:** Add Kafka-based sources to IngestionDataSourceSettings proto and IngestionFailureEvent proto ([e4e1a49](https://github.com/googleapis/google-cloud-go/commit/e4e1a498f21b0792e0a7662f82f9e062e5aa0fe9))
+
+
+### Bug Fixes
+
+* **pubsub:** Fix defer call in for loop ([#11175](https://github.com/googleapis/google-cloud-go/issues/11175)) ([7aec711](https://github.com/googleapis/google-cloud-go/commit/7aec711200d8e79686370f5d40915e21df7651a4))
+* **pubsub:** Update golang.org/x/net to v0.33.0 ([e9b0b69](https://github.com/googleapis/google-cloud-go/commit/e9b0b69644ea5b276cacff0a707e8a5e87efafc9))
+
 ## [1.45.3](https://github.com/googleapis/google-cloud-go/compare/pubsub/v1.45.2...pubsub/v1.45.3) (2024-12-04)
 
 
diff --git a/pubsub/internal/version.go b/pubsub/internal/version.go
index a035dba6d064..fc6b11e22267 100644
--- a/pubsub/internal/version.go
+++ b/pubsub/internal/version.go
@@ -15,4 +15,4 @@
 package internal
 
 // Version is the current tagged release of the library.
-const Version = "1.45.3"
+const Version = "1.46.0"