diff --git a/.readme-partials.yaml b/.readme-partials.yaml
index 27755efec7..adc8597c84 100644
--- a/.readme-partials.yaml
+++ b/.readme-partials.yaml
@@ -32,7 +32,7 @@ custom_content: |
   <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-storage-control</artifactId>
-      <version>2.40.1</version><!-- {x-version-update:google-cloud-storage-control:current} -->
+      <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage-control:current} -->
   </dependency>
   ```
   
@@ -44,7 +44,7 @@ custom_content: |
   If you are using Gradle without BOM, add this to your dependencies:
   
   ```Groovy
-  implementation 'com.google.cloud:google-cloud-storage-control:2.40.1' <!-- {x-version-update:google-cloud-storage-control:current} -->
+  implementation 'com.google.cloud:google-cloud-storage-control:2.40.2-SNAPSHOT' <!-- {x-version-update:google-cloud-storage-control:current} -->
   ```
   
   #### Creating an authorized service object
diff --git a/README.md b/README.md
index 0d7078f1ad..7555472632 100644
--- a/README.md
+++ b/README.md
@@ -51,7 +51,7 @@ If you are using Maven without the BOM, add this to your dependencies:
 <dependency>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-storage-control</artifactId>
-  <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+  <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
 </dependency>
 
 ```
@@ -141,7 +141,7 @@ If you are using Maven without the BOM, add this to your dependencies:
 <dependency>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-control</artifactId>
-    <version>2.40.1</version><!-- {x-version-update:google-cloud-storage-control:current} -->
+    <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage-control:current} -->
 </dependency>
 ```
 
@@ -153,7 +153,7 @@ implementation 'com.google.cloud:google-cloud-storage-control'
 If you are using Gradle without BOM, add this to your dependencies:
 
 ```Groovy
-implementation 'com.google.cloud:google-cloud-storage-control:2.40.1' <!-- {x-version-update:google-cloud-storage-control:current} -->
+implementation 'com.google.cloud:google-cloud-storage-control:2.40.2-SNAPSHOT' <!-- {x-version-update:google-cloud-storage-control:current} -->
 ```
 
 #### Creating an authorized service object
diff --git a/gapic-google-cloud-storage-v2/pom.xml b/gapic-google-cloud-storage-v2/pom.xml
index a5ba5d2887..76bc3173df 100644
--- a/gapic-google-cloud-storage-v2/pom.xml
+++ b/gapic-google-cloud-storage-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>gapic-google-cloud-storage-v2</artifactId>
-  <version>2.40.1-alpha</version><!-- {x-version-update:gapic-google-cloud-storage-v2:current} -->
+  <version>2.40.2-alpha-SNAPSHOT</version><!-- {x-version-update:gapic-google-cloud-storage-v2:current} -->
   <name>gapic-google-cloud-storage-v2</name>
   <description>GRPC library for gapic-google-cloud-storage-v2</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/google-cloud-storage-bom/pom.xml b/google-cloud-storage-bom/pom.xml
index ef1657900c..8430a543b0 100644
--- a/google-cloud-storage-bom/pom.xml
+++ b/google-cloud-storage-bom/pom.xml
@@ -19,7 +19,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-storage-bom</artifactId>
-  <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+  <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -69,37 +69,37 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-storage</artifactId>
-        <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+        <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>gapic-google-cloud-storage-v2</artifactId>
-        <version>2.40.1-alpha</version><!-- {x-version-update:gapic-google-cloud-storage-v2:current} -->
+        <version>2.40.2-alpha-SNAPSHOT</version><!-- {x-version-update:gapic-google-cloud-storage-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-storage-v2</artifactId>
-        <version>2.40.1-alpha</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
+        <version>2.40.2-alpha-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-storage-v2</artifactId>
-        <version>2.40.1-alpha</version><!-- {x-version-update:proto-google-cloud-storage-v2:current} -->
+        <version>2.40.2-alpha-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-storage-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-storage-control</artifactId>
-        <version>2.40.1</version><!-- {x-version-update:google-cloud-storage-control:current} -->
+        <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage-control:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-storage-control-v2</artifactId>
-        <version>2.40.1</version><!-- {x-version-update:grpc-google-cloud-storage-control-v2:current} -->
+        <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-control-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-storage-control-v2</artifactId>
-        <version>2.40.1</version><!-- {x-version-update:proto-google-cloud-storage-control-v2:current} -->
+        <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-storage-control-v2:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-storage-control/pom.xml b/google-cloud-storage-control/pom.xml
index fd58a79375..799e37f0ed 100644
--- a/google-cloud-storage-control/pom.xml
+++ b/google-cloud-storage-control/pom.xml
@@ -5,13 +5,13 @@
     <modelVersion>4.0.0</modelVersion>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-control</artifactId>
-    <version>2.40.1</version><!-- {x-version-update:google-cloud-storage-control:current} -->
+    <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage-control:current} -->
     <name>google-cloud-storage-control</name>
     <description>GRPC library for google-cloud-storage-control</description>
     <parent>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-storage-parent</artifactId>
-        <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+        <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
     </parent>
 
     <dependencies>
diff --git a/google-cloud-storage/pom.xml b/google-cloud-storage/pom.xml
index 270f405b57..b6bc155e3d 100644
--- a/google-cloud-storage/pom.xml
+++ b/google-cloud-storage/pom.xml
@@ -2,7 +2,7 @@
 <project xmlns="http://maven.apache.org/POM/4.0.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <modelVersion>4.0.0</modelVersion>
   <artifactId>google-cloud-storage</artifactId>
-  <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+  <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud Storage</name>
   <url>https://github.com/googleapis/java-storage</url>
@@ -12,7 +12,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-storage</site.installationModule>
diff --git a/grpc-google-cloud-storage-control-v2/pom.xml b/grpc-google-cloud-storage-control-v2/pom.xml
index 301d03a73f..b102687fca 100644
--- a/grpc-google-cloud-storage-control-v2/pom.xml
+++ b/grpc-google-cloud-storage-control-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-storage-control-v2</artifactId>
-  <version>2.40.1</version><!-- {x-version-update:grpc-google-cloud-storage-control-v2:current} -->
+  <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-control-v2:current} -->
   <name>grpc-google-cloud-storage-control-v2</name>
   <description>GRPC library for google-cloud-storage</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/grpc-google-cloud-storage-v2/pom.xml b/grpc-google-cloud-storage-v2/pom.xml
index 71ec72b7ea..5256d6ce86 100644
--- a/grpc-google-cloud-storage-v2/pom.xml
+++ b/grpc-google-cloud-storage-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-storage-v2</artifactId>
-  <version>2.40.1-alpha</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
+  <version>2.40.2-alpha-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
   <name>grpc-google-cloud-storage-v2</name>
   <description>GRPC library for grpc-google-cloud-storage-v2</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 8a5f41ca57..3a077660b7 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-storage-parent</artifactId>
   <packaging>pom</packaging>
-  <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+  <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
   <name>Storage Parent</name>
   <url>https://github.com/googleapis/java-storage</url>
   <description>
@@ -76,7 +76,7 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-storage</artifactId>
-        <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+        <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.apis</groupId>
@@ -98,32 +98,32 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-storage-v2</artifactId>
-        <version>2.40.1-alpha</version><!-- {x-version-update:proto-google-cloud-storage-v2:current} -->
+        <version>2.40.2-alpha-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-storage-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-storage-v2</artifactId>
-        <version>2.40.1-alpha</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
+        <version>2.40.2-alpha-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>gapic-google-cloud-storage-v2</artifactId>
-        <version>2.40.1-alpha</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
+        <version>2.40.2-alpha-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-storage-control-v2</artifactId>
-        <version>2.40.1</version><!-- {x-version-update:grpc-google-cloud-storage-control-v2:current} -->
+        <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-storage-control-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-storage-control-v2</artifactId>
-        <version>2.40.1</version><!-- {x-version-update:proto-google-cloud-storage-control-v2:current} -->
+        <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-storage-control-v2:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-storage-control</artifactId>
-        <version>2.40.1</version><!-- {x-version-update:google-cloud-storage-control:current} -->
+        <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage-control:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
diff --git a/proto-google-cloud-storage-control-v2/pom.xml b/proto-google-cloud-storage-control-v2/pom.xml
index 4125fa00c9..ff2abbc939 100644
--- a/proto-google-cloud-storage-control-v2/pom.xml
+++ b/proto-google-cloud-storage-control-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-storage-control-v2</artifactId>
-  <version>2.40.1</version><!-- {x-version-update:proto-google-cloud-storage-control-v2:current} -->
+  <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-storage-control-v2:current} -->
   <name>proto-google-cloud-storage-control-v2</name>
   <description>Proto library for  proto-google-cloud-storage-control-v2</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/proto-google-cloud-storage-v2/pom.xml b/proto-google-cloud-storage-v2/pom.xml
index 5cef367b2b..193645a5d8 100644
--- a/proto-google-cloud-storage-v2/pom.xml
+++ b/proto-google-cloud-storage-v2/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-storage-v2</artifactId>
-  <version>2.40.1-alpha</version><!-- {x-version-update:proto-google-cloud-storage-v2:current} -->
+  <version>2.40.2-alpha-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-storage-v2:current} -->
   <name>proto-google-cloud-storage-v2</name>
   <description>PROTO library for proto-google-cloud-storage-v2</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/samples/install-without-bom/pom.xml b/samples/install-without-bom/pom.xml
index cdc3c4da3f..8b8057e63f 100644
--- a/samples/install-without-bom/pom.xml
+++ b/samples/install-without-bom/pom.xml
@@ -35,7 +35,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-storage-control</artifactId>
-      <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+      <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
     </dependency>
     <!-- [END storage_install_without_bom] -->
 
diff --git a/samples/native-image-sample/pom.xml b/samples/native-image-sample/pom.xml
index bf76da60db..b6f26d0157 100644
--- a/samples/native-image-sample/pom.xml
+++ b/samples/native-image-sample/pom.xml
@@ -67,7 +67,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-storage-control</artifactId>
-      <version>2.40.1</version><!-- {x-version-update:google-cloud-storage-control:current} -->
+      <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage-control:current} -->
       <scope>compile</scope>
     </dependency>
   </dependencies>
diff --git a/samples/snapshot/pom.xml b/samples/snapshot/pom.xml
index 80616353b7..0d0154c0c2 100644
--- a/samples/snapshot/pom.xml
+++ b/samples/snapshot/pom.xml
@@ -28,12 +28,12 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-storage</artifactId>
-      <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+      <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
     </dependency>
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-storage-control</artifactId>
-      <version>2.40.1</version><!-- {x-version-update:google-cloud-storage-control:current} -->
+      <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage-control:current} -->
       <scope>compile</scope>
     </dependency>
 
diff --git a/storage-shared-benchmarking/pom.xml b/storage-shared-benchmarking/pom.xml
index b03c200be6..d51510c251 100644
--- a/storage-shared-benchmarking/pom.xml
+++ b/storage-shared-benchmarking/pom.xml
@@ -10,7 +10,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-storage-parent</artifactId>
-    <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+    <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
   </parent>
 
   <properties>
@@ -31,7 +31,7 @@
     <dependency>
       <groupId>com.google.cloud</groupId>
       <artifactId>google-cloud-storage</artifactId>
-      <version>2.40.1</version><!-- {x-version-update:google-cloud-storage:current} -->
+      <version>2.40.2-SNAPSHOT</version><!-- {x-version-update:google-cloud-storage:current} -->
       <classifier>tests</classifier>
     </dependency>
     <dependency>
diff --git a/versions.txt b/versions.txt
index e316bf757c..f69020a214 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,10 +1,10 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-storage:2.40.1:2.40.1
-gapic-google-cloud-storage-v2:2.40.1-alpha:2.40.1-alpha
-grpc-google-cloud-storage-v2:2.40.1-alpha:2.40.1-alpha
-proto-google-cloud-storage-v2:2.40.1-alpha:2.40.1-alpha
-google-cloud-storage-control:2.40.1:2.40.1
-proto-google-cloud-storage-control-v2:2.40.1:2.40.1
-grpc-google-cloud-storage-control-v2:2.40.1:2.40.1
+google-cloud-storage:2.40.1:2.40.2-SNAPSHOT
+gapic-google-cloud-storage-v2:2.40.1-alpha:2.40.2-alpha-SNAPSHOT
+grpc-google-cloud-storage-v2:2.40.1-alpha:2.40.2-alpha-SNAPSHOT
+proto-google-cloud-storage-v2:2.40.1-alpha:2.40.2-alpha-SNAPSHOT
+google-cloud-storage-control:2.40.1:2.40.2-SNAPSHOT
+proto-google-cloud-storage-control-v2:2.40.1:2.40.2-SNAPSHOT
+grpc-google-cloud-storage-control-v2:2.40.1:2.40.2-SNAPSHOT