diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 65bb5ee2253b..161c542b2e24 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -997,7 +997,7 @@
   "google-shopping-merchant-lfp-v1+FILLER": "0.0.0",
   "google-shopping-merchant-lfp-v1beta": "0.6.1",
   "google-shopping-merchant-lfp-v1beta+FILLER": "0.0.0",
-  "google-shopping-merchant-notifications": "0.2.2",
+  "google-shopping-merchant-notifications": "0.3.0",
   "google-shopping-merchant-notifications+FILLER": "0.0.0",
   "google-shopping-merchant-notifications-v1": "0.3.0",
   "google-shopping-merchant-notifications-v1+FILLER": "0.0.0",
diff --git a/google-shopping-merchant-notifications/CHANGELOG.md b/google-shopping-merchant-notifications/CHANGELOG.md
index b335407b43f5..7a06b7704bdb 100644
--- a/google-shopping-merchant-notifications/CHANGELOG.md
+++ b/google-shopping-merchant-notifications/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+### 0.3.0 (2026-03-31)
+
+#### Features
+
+* Upgrade dependencies for Ruby v4.0 and drop Ruby v3.1 support
+
 ### 0.2.2 (2025-09-12)
 
 #### Documentation
diff --git a/google-shopping-merchant-notifications/lib/google/shopping/merchant/notifications/version.rb b/google-shopping-merchant-notifications/lib/google/shopping/merchant/notifications/version.rb
index 595a64d2960a..33b29c67a534 100644
--- a/google-shopping-merchant-notifications/lib/google/shopping/merchant/notifications/version.rb
+++ b/google-shopping-merchant-notifications/lib/google/shopping/merchant/notifications/version.rb
@@ -21,7 +21,7 @@ module Google
   module Shopping
     module Merchant
       module Notifications
-        VERSION = "0.2.2"
+        VERSION = "0.3.0"
       end
     end
   end