diff --git a/edge-modules/metrics-collector/CHANGELOG.md b/edge-modules/metrics-collector/CHANGELOG.md
index 498c04353f6..c818a0a089a 100644
--- a/edge-modules/metrics-collector/CHANGELOG.md
+++ b/edge-modules/metrics-collector/CHANGELOG.md
@@ -1,3 +1,8 @@
+# 1.2.1 (2024-05-15)
+
+The following Docker images were updated because their base images changed:
+* azureiotedge-metrics-collector
+
 # 1.2.0 (2024-05-01)
 
 ## What's new in 1.2?
diff --git a/edge-modules/metrics-collector/src/config/versionInfo.json b/edge-modules/metrics-collector/src/config/versionInfo.json
index a15e91ff531..21163545f8e 100755
--- a/edge-modules/metrics-collector/src/config/versionInfo.json
+++ b/edge-modules/metrics-collector/src/config/versionInfo.json
@@ -1,3 +1,3 @@
 {
-  "version": "1.2.0"
+  "version": "1.2.1"
 }