diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index f0af317..6d83391 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "1.16.1"
+  ".": "1.16.2"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index e630df0..d700099 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Release History
 
+### 1.16.2 (2026-02-26)
+
+#### Bug Fixes
+
+* initialize the JWT credentials without JSON roundtrip ([#564](https://github.com/googleapis/google-auth-library-ruby/issues/564)) 
+* return response body from revoke! for logging pipeline ([#562](https://github.com/googleapis/google-auth-library-ruby/issues/562)) 
+
 ### 1.16.1 (2026-01-15)
 
 #### Bug Fixes
diff --git a/lib/googleauth/version.rb b/lib/googleauth/version.rb
index c10a62f..5a691af 100644
--- a/lib/googleauth/version.rb
+++ b/lib/googleauth/version.rb
@@ -16,6 +16,6 @@ module Google
   # Module Auth provides classes that provide Google-specific authorization
   # used to access Google APIs.
   module Auth
-    VERSION = "1.16.1".freeze
+    VERSION = "1.16.2".freeze
   end
 end