diff --git a/CHANGELOG.md b/CHANGELOG.md
index 23e7d0527..2c188fee0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,8 @@ and adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.html).
 
 ## [Unreleased]
 
+## [1.2.1] - 2022-08-03
+
 - Fixed crash when `estimatedListSize` is used in an empty list
   - https://github.com/Shopify/flash-list/pull/546
 
diff --git a/package.json b/package.json
index aa556ddaa..b39a51093 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@shopify/flash-list",
-  "version": "1.2.0",
+  "version": "1.2.1",
   "keywords": [
     "react-native"
   ],