diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 6d9e5fc04..1db91d778 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "1.20.0"
+  ".": "1.20.1"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 599dfa204..942ed7b6c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,15 @@
 # Changelog
 
+## [1.20.1](https://github.com/runpod/flash/compare/v1.20.0...v1.20.1) (2026-10-09)
+
+
+### Bug Fixes
+
+* **auth:** read runpodctl-style API key from config.toml ([#382](https://github.com/runpod/flash/issues/382)) ([2a44f4f](https://github.com/runpod/flash/commit/2a44f4f7b0b8284ad1b48afae5db9d6d61f12553))
+* **build:** make the bundled runpod_flash writable for read-only installs ([#383](https://github.com/runpod/flash/issues/383)) ([a8d8f81](https://github.com/runpod/flash/commit/a8d8f816fc94e14473ff22b5a367937943b9de0a))
+* **ci:** run each matrix leg on its own Python version ([#374](https://github.com/runpod/flash/issues/374)) ([4fdbb67](https://github.com/runpod/flash/commit/4fdbb67edca10d6fad473ecb8ed89349102c6bb5))
+* **cli:** flash update works from any dir and for uv tool installs ([#379](https://github.com/runpod/flash/issues/379)) ([06a7556](https://github.com/runpod/flash/commit/06a7556aa9990eda174d9be1d11c6ac60badf974))
+
 ## [1.20.0](https://github.com/runpod/flash/compare/v1.19.0...v1.20.0) (2026-09-24)
 
 
diff --git a/pyproject.toml b/pyproject.toml
index 3e45c7e3e..ec867574c 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "runpod-flash"
-version = "1.20.0"
+version = "1.20.1"
 description = "A Python library for distributed inference and serving of machine learning models"
 authors = [{ name = "Runpod", email = "engineer@runpod.io" }]
 readme = "README.md"
diff --git a/src/runpod_flash/__init__.py b/src/runpod_flash/__init__.py
index f821a3e1d..7bfc43f57 100644
--- a/src/runpod_flash/__init__.py
+++ b/src/runpod_flash/__init__.py
@@ -1,4 +1,4 @@
-__version__ = "1.20.0"  # x-release-please-version
+__version__ = "1.20.1"  # x-release-please-version
 
 # Load .env vars from file before everything else
 # usecwd=True walks up from CWD (user's project) instead of from the