diff --git a/java-profiler/google-cloud-profiler-bom/pom.xml b/java-profiler/google-cloud-profiler-bom/pom.xml
index 70ae7ca87098..761d83e122d2 100644
--- a/java-profiler/google-cloud-profiler-bom/pom.xml
+++ b/java-profiler/google-cloud-profiler-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-profiler-bom</artifactId>
-  <version>2.3.0</version><!-- {x-version-update:google-cloud-profiler:current} -->
+  <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-profiler:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -56,17 +56,17 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-profiler</artifactId>
-        <version>2.3.0</version><!-- {x-version-update:google-cloud-profiler:current} -->
+        <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-profiler:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-profiler-v2</artifactId>
-        <version>2.3.0</version><!-- {x-version-update:grpc-google-cloud-profiler-v2:current} -->
+        <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-profiler-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-profiler-v2</artifactId>
-        <version>2.3.0</version><!-- {x-version-update:proto-google-cloud-profiler-v2:current} -->
+        <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-profiler-v2:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/java-profiler/google-cloud-profiler/pom.xml b/java-profiler/google-cloud-profiler/pom.xml
index 4f83cd2e8a1a..5fdac5a4b4ef 100644
--- a/java-profiler/google-cloud-profiler/pom.xml
+++ b/java-profiler/google-cloud-profiler/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-profiler</artifactId>
-  <version>2.3.0</version><!-- {x-version-update:google-cloud-profiler:current} -->
+  <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-profiler:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Profiler</name>
   <url>https://github.com/googleapis/java-profiler</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-profiler-parent</artifactId>
-    <version>2.3.0</version><!-- {x-version-update:google-cloud-profiler:current} -->
+    <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-profiler:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-profiler</site.installationModule>
diff --git a/java-profiler/grpc-google-cloud-profiler-v2/pom.xml b/java-profiler/grpc-google-cloud-profiler-v2/pom.xml
index 6ccf9a880c39..d53eb96e5c25 100644
--- a/java-profiler/grpc-google-cloud-profiler-v2/pom.xml
+++ b/java-profiler/grpc-google-cloud-profiler-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-profiler-v2</artifactId>
-  <version>2.3.0</version><!-- {x-version-update:grpc-google-cloud-profiler-v2:current} -->
+  <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-profiler-v2:current} -->
   <name>grpc-google-cloud-profiler-v2</name>
   <description>GRPC library for google-cloud-profiler</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-profiler-parent</artifactId>
-    <version>2.3.0</version><!-- {x-version-update:google-cloud-profiler:current} -->
+    <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-profiler:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/java-profiler/pom.xml b/java-profiler/pom.xml
index 3b28d3190591..c527031cccd6 100644
--- a/java-profiler/pom.xml
+++ b/java-profiler/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-profiler-parent</artifactId>
   <packaging>pom</packaging>
-  <version>2.3.0</version><!-- {x-version-update:google-cloud-profiler:current} -->
+  <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-profiler:current} -->
   <name>Google Cloud Profiler Parent</name>
   <url>https://github.com/googleapis/java-profiler</url>
   <description>
@@ -61,17 +61,17 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-profiler</artifactId>
-        <version>2.3.0</version><!-- {x-version-update:google-cloud-profiler:current} -->
+        <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-profiler:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-profiler-v2</artifactId>
-        <version>2.3.0</version><!-- {x-version-update:proto-google-cloud-profiler-v2:current} -->
+        <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-profiler-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-profiler-v2</artifactId>
-        <version>2.3.0</version><!-- {x-version-update:grpc-google-cloud-profiler-v2:current} -->
+        <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-profiler-v2:current} -->
       </dependency>
 
       <dependency>
diff --git a/java-profiler/proto-google-cloud-profiler-v2/pom.xml b/java-profiler/proto-google-cloud-profiler-v2/pom.xml
index 6e43e06619a6..853da8a001bb 100644
--- a/java-profiler/proto-google-cloud-profiler-v2/pom.xml
+++ b/java-profiler/proto-google-cloud-profiler-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-profiler-v2</artifactId>
-  <version>2.3.0</version><!-- {x-version-update:proto-google-cloud-profiler-v2:current} -->
+  <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-profiler-v2:current} -->
   <name>proto-google-cloud-profiler-v2</name>
   <description>Proto library for google-cloud-profiler</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-profiler-parent</artifactId>
-    <version>2.3.0</version><!-- {x-version-update:google-cloud-profiler:current} -->
+    <version>2.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-profiler:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/java-profiler/versions.txt b/java-profiler/versions.txt
index ffef7d7ef377..e04d1d554d3a 100644
--- a/java-profiler/versions.txt
+++ b/java-profiler/versions.txt
@@ -1,6 +1,6 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-profiler:2.3.0:2.3.0
-grpc-google-cloud-profiler-v2:2.3.0:2.3.0
-proto-google-cloud-profiler-v2:2.3.0:2.3.0
+google-cloud-profiler:2.3.0:2.3.1-SNAPSHOT
+grpc-google-cloud-profiler-v2:2.3.0:2.3.1-SNAPSHOT
+proto-google-cloud-profiler-v2:2.3.0:2.3.1-SNAPSHOT