diff --git a/Cargo.lock b/Cargo.lock
index f23b610f7fcb..b1eaf226a7b7 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -393,7 +393,7 @@ dependencies = [
 
 [[package]]
 name = "qiskit-qasm2"
-version = "0.46.0"
+version = "0.46.1"
 dependencies = [
  "hashbrown 0.14.0",
  "pyo3",
@@ -401,7 +401,7 @@ dependencies = [
 
 [[package]]
 name = "qiskit_accelerate"
-version = "0.46.0"
+version = "0.46.1"
 dependencies = [
  "ahash",
  "hashbrown 0.14.0",
diff --git a/Cargo.toml b/Cargo.toml
index 686785a476fc..e7d795ba8fd7 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -2,7 +2,7 @@
 members = ["crates/*"]
 
 [workspace.package]
-version = "0.46.0"
+version = "0.46.1"
 edition = "2021"
 rust-version = "1.64"  # Keep in sync with README.md and rust-toolchain.toml.
 license = "Apache-2.0"
diff --git a/docs/conf.py b/docs/conf.py
index 628092a5a743..a4ee2f9c57b5 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -26,7 +26,7 @@
 # The short X.Y version
 version = "0.46"
 # The full version, including alpha/beta/rc tags
-release = "0.46.0"
+release = "0.46.1"
 
 language = "en"
 
diff --git a/qiskit/VERSION.txt b/qiskit/VERSION.txt
index 301092317fea..620104d82084 100644
--- a/qiskit/VERSION.txt
+++ b/qiskit/VERSION.txt
@@ -1 +1 @@
-0.46.0
+0.46.1
diff --git a/qiskit_pkg/setup.py b/qiskit_pkg/setup.py
index fd7241fffc46..166d07808a10 100644
--- a/qiskit_pkg/setup.py
+++ b/qiskit_pkg/setup.py
@@ -26,11 +26,11 @@
 with open(README_PATH) as readme_file:
     README = readme_file.read()
 
-requirements = ["qiskit-terra==0.46.0"]
+requirements = ["qiskit-terra==0.46.1"]
 
 setup(
     name="qiskit",
-    version="0.46.0",
+    version="0.46.1",
     description="Software for developing quantum computing programs",
     long_description=README,
     long_description_content_type="text/markdown",
diff --git a/setup.py b/setup.py
index bea06bdccfed..a398f0ecf242 100644
--- a/setup.py
+++ b/setup.py
@@ -57,7 +57,7 @@
 
 setup(
     name="qiskit-terra",
-    version="0.46.0",
+    version="0.46.1",
     description="Software for developing quantum computing programs",
     long_description=README,
     long_description_content_type="text/markdown",