diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 37701115..3c0e86e7 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 4.24.0
+current_version = 4.25.0
 parse = (?P<major>\d+)
 	\.(?P<minor>\d+)
 	\.(?P<patch>\d+)
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 57bb52e1..632969b1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,16 @@
 # Changelog
 
+## [4.25.0](https://github.com/recurly/recurly-client-php/tree/4.25.0) (2022-11-17)
+
+[Full Changelog](https://github.com/recurly/recurly-client-php/compare/4.24.0...4.25.0)
+
+
+**Merged Pull Requests**
+
+- Generated Latest Changes for v2021-02-25 (Apply Credit Balance feature) [#732](https://github.com/recurly/recurly-client-php/pull/732) ([recurly-integrations](https://github.com/recurly-integrations))
+
+
+
 ## [4.24.0](https://github.com/recurly/recurly-client-php/tree/4.24.0) (2022-11-15)
 
 [Full Changelog](https://github.com/recurly/recurly-client-php/compare/4.23.0...4.24.0)
diff --git a/composer.json b/composer.json
index 305e017d..50ccea7e 100644
--- a/composer.json
+++ b/composer.json
@@ -1,6 +1,6 @@
 {
     "name": "recurly/recurly-client",
-    "version": "4.24.0",
+    "version": "4.25.0",
     "type": "library",
     "description": "The PHP client library for the Recurly API",
     "keywords": ["recurly", "payments", "pay"],
diff --git a/lib/recurly/version.php b/lib/recurly/version.php
index 74c2e018..e703d550 100644
--- a/lib/recurly/version.php
+++ b/lib/recurly/version.php
@@ -4,5 +4,5 @@
 
 class Version
 {
-    public const CURRENT = '4.24.0';
+    public const CURRENT = '4.25.0';
 }