diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index a37f3a8..fc4166e 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    ".": "5.0.1"
+    ".": "5.0.2"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index e6e7dae..b5be8c4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [5.0.2](https://github.com/Flagsmith/flagsmith-python-client/compare/v5.0.1...v5.0.2) (2025-10-30)
+
+### Dependency Updates
+
+- Bump `flagsmith-flag-engine` to 10.0.2 ([#173](https://github.com/Flagsmith/flagsmith-python-client/issues/173))
+  ([9a0fc58](https://github.com/Flagsmith/flagsmith-python-client/commit/9a0fc58dc4e7eb590271a76e62a29078cf54b01b))
+
 ## [5.0.1](https://github.com/Flagsmith/flagsmith-python-client/compare/v5.0.0...v5.0.1) (2025-10-28)
 
 ### Bug Fixes
diff --git a/pyproject.toml b/pyproject.toml
index df0d33e..9d7b897 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "flagsmith"
-version = "5.0.1"
+version = "5.0.2"
 description = "Flagsmith Python SDK"
 authors = ["Flagsmith <support@flagsmith.com>"]
 license = "BSD3"