diff --git a/README.md b/README.md
index 5db40bce5..77bdf25b7 100644
--- a/README.md
+++ b/README.md
@@ -59,13 +59,13 @@ implementation 'com.google.cloud:google-cloud-pubsub'
 If you are using Gradle without BOM, add this to your dependencies:
 
 ```Groovy
-implementation 'com.google.cloud:google-cloud-pubsub:1.124.1'
+implementation 'com.google.cloud:google-cloud-pubsub:1.124.2'
 ```
 
 If you are using SBT, add this to your dependencies:
 
 ```Scala
-libraryDependencies += "com.google.cloud" % "google-cloud-pubsub" % "1.124.1"
+libraryDependencies += "com.google.cloud" % "google-cloud-pubsub" % "1.124.2"
 ```
 <!-- {x-version-update-end} -->
 
@@ -408,7 +408,7 @@ Java is a registered trademark of Oracle and/or its affiliates.
 [kokoro-badge-link-5]: http://storage.googleapis.com/cloud-devrel-public/java/badges/java-pubsub/java11.html
 [stability-image]: https://img.shields.io/badge/stability-stable-green
 [maven-version-image]: https://img.shields.io/maven-central/v/com.google.cloud/google-cloud-pubsub.svg
-[maven-version-link]: https://central.sonatype.com/artifact/com.google.cloud/google-cloud-pubsub/1.124.1
+[maven-version-link]: https://central.sonatype.com/artifact/com.google.cloud/google-cloud-pubsub/1.124.2
 [authentication]: https://github.com/googleapis/google-cloud-java#authentication
 [auth-scopes]: https://developers.google.com/identity/protocols/oauth2/scopes
 [predefined-iam-roles]: https://cloud.google.com/iam/docs/understanding-roles#predefined_roles
diff --git a/google-cloud-pubsub-bom/pom.xml b/google-cloud-pubsub-bom/pom.xml
index 8dd339872..ec9b46072 100644
--- a/google-cloud-pubsub-bom/pom.xml
+++ b/google-cloud-pubsub-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-pubsub-bom</artifactId>
-  <version>1.124.2</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+  <version>1.124.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -52,17 +52,17 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-pubsub</artifactId>
-        <version>1.124.2</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+        <version>1.124.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-pubsub-v1</artifactId>
-        <version>1.106.2</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
+        <version>1.106.3-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-pubsub-v1</artifactId>
-        <version>1.106.2</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
+        <version>1.106.3-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-pubsub/pom.xml b/google-cloud-pubsub/pom.xml
index f1b9a7215..8d0da9db5 100644
--- a/google-cloud-pubsub/pom.xml
+++ b/google-cloud-pubsub/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-pubsub</artifactId>
-  <version>1.124.2</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+  <version>1.124.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Pub/Sub</name>
   <url>https://github.com/googleapis/java-pubsub</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-pubsub-parent</artifactId>
-    <version>1.124.2</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+    <version>1.124.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-pubsub</site.installationModule>
diff --git a/grpc-google-cloud-pubsub-v1/pom.xml b/grpc-google-cloud-pubsub-v1/pom.xml
index 5bcd56d0b..22d8cdc6f 100644
--- a/grpc-google-cloud-pubsub-v1/pom.xml
+++ b/grpc-google-cloud-pubsub-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-pubsub-v1</artifactId>
-  <version>1.106.2</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
+  <version>1.106.3-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
   <name>grpc-google-cloud-pubsub-v1</name>
   <description>GRPC library for grpc-google-cloud-pubsub-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-pubsub-parent</artifactId>
-    <version>1.124.2</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+    <version>1.124.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 1ab8bea9a..65894ca29 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-pubsub-parent</artifactId>
   <packaging>pom</packaging>
-  <version>1.124.2</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+  <version>1.124.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   <name>Google Cloud Pub/Sub Parent</name>
   <url>https://github.com/googleapis/java-pubsub</url>
   <description>
@@ -69,17 +69,17 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-pubsub-v1</artifactId>
-        <version>1.106.2</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
+        <version>1.106.3-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-pubsub-v1</artifactId>
-        <version>1.106.2</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
+        <version>1.106.3-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-pubsub-v1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-pubsub</artifactId>
-        <version>1.124.2</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+        <version>1.124.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
       </dependency>
 
       <!-- Test dependencies -->
diff --git a/proto-google-cloud-pubsub-v1/pom.xml b/proto-google-cloud-pubsub-v1/pom.xml
index 24a5f7485..bea53cafb 100644
--- a/proto-google-cloud-pubsub-v1/pom.xml
+++ b/proto-google-cloud-pubsub-v1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-pubsub-v1</artifactId>
-  <version>1.106.2</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
+  <version>1.106.3-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-pubsub-v1:current} -->
   <name>proto-google-cloud-pubsub-v1</name>
   <description>PROTO library for proto-google-cloud-pubsub-v1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-pubsub-parent</artifactId>
-    <version>1.124.2</version><!-- {x-version-update:google-cloud-pubsub:current} -->
+    <version>1.124.3-SNAPSHOT</version><!-- {x-version-update:google-cloud-pubsub:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/samples/snapshot/pom.xml b/samples/snapshot/pom.xml
index 444548334..0fb4755a6 100644
--- a/samples/snapshot/pom.xml
+++ b/samples/snapshot/pom.xml
@@ -43,7 +43,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-pubsub</artifactId>
-      <version>1.124.2</version>
+      <version>1.124.3-SNAPSHOT</version>
     </dependency>
     <!-- {x-version-update-end} -->
 
diff --git a/versions.txt b/versions.txt
index 9aa77eed5..152bce34e 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,6 +1,6 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-pubsub:1.124.2:1.124.2
-grpc-google-cloud-pubsub-v1:1.106.2:1.106.2
-proto-google-cloud-pubsub-v1:1.106.2:1.106.2
+google-cloud-pubsub:1.124.2:1.124.3-SNAPSHOT
+grpc-google-cloud-pubsub-v1:1.106.2:1.106.3-SNAPSHOT
+proto-google-cloud-pubsub-v1:1.106.2:1.106.3-SNAPSHOT