diff --git a/pyproject.toml b/pyproject.toml
index f06cb14c..3eac3cb1 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ requires = ["setuptools>=61.0"]
 [project]
 name = "squareup"
 description = "Use Square APIs to manage and run business including payment, customer, product, inventory, and employee management."
-version = "39.1.0.20241218"
+version = "40.0.0.220250123"
 readme = "README.md"
 requires-python = ">=3.7"
 authors = [{name = "Square Developer Platform", email = "developers@squareup.com"}]
diff --git a/square/api/base_api.py b/square/api/base_api.py
index e7e4f8fc..0eae65f1 100644
--- a/square/api/base_api.py
+++ b/square/api/base_api.py
@@ -22,7 +22,7 @@ class BaseApi(object):
 
     @staticmethod
     def user_agent():
-        return 'Square-Python-SDK/39.1.0.20241218 ({api-version}) {engine}/{engine-version} ({os-info}) {detail}'
+        return 'Square-Python-SDK/40.0.0.220250123 ({api-version}) {engine}/{engine-version} ({os-info}) {detail}'
 
     @staticmethod
     def user_agent_parameters():
diff --git a/square/client.py b/square/client.py
index 8a51cc63..a5922e73 100644
--- a/square/client.py
+++ b/square/client.py
@@ -55,7 +55,7 @@
 class Client(object):
     @staticmethod
     def sdk_version():
-        return '39.1.0.20241218'
+        return '40.0.0.220250123'
 
     @staticmethod
     def square_version():