diff --git a/.librarian/state.yaml b/.librarian/state.yaml
index 71bcf16ad..efce633f2 100644
--- a/.librarian/state.yaml
+++ b/.librarian/state.yaml
@@ -1,7 +1,7 @@
 image: us-central1-docker.pkg.dev/cloud-sdk-librarian-prod/images-prod/python-librarian-generator@sha256:c8612d3fffb3f6a32353b2d1abd16b61e87811866f7ec9d65b59b02eb452a620
 libraries:
   - id: google-cloud-bigquery
-    version: 3.40.0
+    version: 3.40.1
     last_generated_commit: ""
     apis: []
     source_roots:
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 242165933..083dbfc4f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,19 @@
 
 [1]: https://pypi.org/project/google-cloud-bigquery/#history
 
+## [3.40.1](https://github.com/googleapis/google-cloud-python/compare/google-cloud-bigquery-v3.40.0...google-cloud-bigquery-v3.40.1) (2026-02-12)
+
+
+### Documentation
+
+* clarify that only jobs.query and jobs.getQueryResults are affec… (#2349) ([73228432a3c821db05d898ea4a4788adf15b033d](https://github.com/googleapis/google-cloud-python/commit/73228432a3c821db05d898ea4a4788adf15b033d))
+
+
+### Bug Fixes
+
+* updates timeout/retry code to respect hanging server (#2408) ([24d45d0d5bf89762f253ba6bd6fdbee9d5993422](https://github.com/googleapis/google-cloud-python/commit/24d45d0d5bf89762f253ba6bd6fdbee9d5993422))
+* add timeout parameter to to_dataframe and to_arrow met… (#2354) ([4f67ba20b49159e81f645ed98e401b9bb1359c1a](https://github.com/googleapis/google-cloud-python/commit/4f67ba20b49159e81f645ed98e401b9bb1359c1a))
+
 ## [3.40.0](https://github.com/googleapis/google-cloud-python/compare/google-cloud-bigquery-v3.39.0...google-cloud-bigquery-v3.40.0) (2026-01-08)
 
 
diff --git a/google/cloud/bigquery/version.py b/google/cloud/bigquery/version.py
index 6b0fa0fba..2519009bf 100644
--- a/google/cloud/bigquery/version.py
+++ b/google/cloud/bigquery/version.py
@@ -12,4 +12,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-__version__ = "3.40.0"
+__version__ = "3.40.1"