diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 41c2c8154a..1d8795b06a 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    ".": "12.2.0"
+    ".": "12.2.1"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4a83b4dfcd..e4af3a02a6 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [12.2.1](https://github.com/nodejs/node-gyp/compare/v12.2.0...v12.2.1) (2026-01-30)
+
+
+### Bug Fixes
+
+* Switch to URL instead of url.resolve ([#3256](https://github.com/nodejs/node-gyp/issues/3256)) ([#3263](https://github.com/nodejs/node-gyp/issues/3263)) ([46d7576](https://github.com/nodejs/node-gyp/commit/46d75768018d10dc4b5693b35cf58f502425cbbe))
+
 ## [12.2.0](https://github.com/nodejs/node-gyp/compare/v12.1.0...v12.2.0) (2026-01-26)
 
 
diff --git a/package.json b/package.json
index f5dcf156de..a073f53134 100644
--- a/package.json
+++ b/package.json
@@ -11,7 +11,7 @@
     "bindings",
     "gyp"
   ],
-  "version": "12.2.0",
+  "version": "12.2.1",
   "installVersion": 11,
   "author": "Nathan Rajlich <nathan@tootallnate.net> (http://tootallnate.net)",
   "repository": {