diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8dc2d0a388..0480d48a5c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,6 @@
 # Changelog
 
-## [Unreleased]
+## [v1.23.0] - 2023-06-29
 
 - Add `buf beta graph` to print the dependency graph for a module in DOT format.
 - Various small bug fixes.
@@ -903,7 +903,7 @@ buf check breaking proto --against .git#branch=master,subdir=proto
 
 Initial beta release.
 
-[Unreleased]: https://github.com/bufbuild/buf/compare/v1.22.0...HEAD
+[v1.23.0]: https://github.com/bufbuild/buf/compare/v1.22.0...v1.23.0
 [v1.22.0]: https://github.com/bufbuild/buf/compare/v1.21.0...v1.22.0
 [v1.21.0]: https://github.com/bufbuild/buf/compare/v1.20.0...v1.21.0
 [v1.20.0]: https://github.com/bufbuild/buf/compare/v1.19.0...v1.20.0
diff --git a/private/buf/bufcli/bufcli.go b/private/buf/bufcli/bufcli.go
index b92acfe6f6..cb3589849a 100644
--- a/private/buf/bufcli/bufcli.go
+++ b/private/buf/bufcli/bufcli.go
@@ -65,7 +65,7 @@ import (
 
 const (
 	// Version is the CLI version of buf.
-	Version = "1.22.1-dev"
+	Version = "1.23.0"
 
 	inputHTTPSUsernameEnvKey      = "BUF_INPUT_HTTPS_USERNAME"
 	inputHTTPSPasswordEnvKey      = "BUF_INPUT_HTTPS_PASSWORD"