diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 4dc14a37785..6b7b44356c0 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-	".": "2.15.0"
+	".": "2.16.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8f37a2af9fc..1f9e5882c01 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [2.16.0](https://github.com/microsoftgraph/msgraph-sdk-php/compare/v2.15.0...v2.16.0) (2024-10-08)
+
+
+### Features
+
+* **generation:** update request builders and models ([3f71fb1](https://github.com/microsoftgraph/msgraph-sdk-php/commit/3f71fb136017500ba24036aee65f40517f63f859))
+
 ## [2.15.0](https://github.com/microsoftgraph/msgraph-sdk-php/compare/v2.14.1...v2.15.0) (2024-10-02)
 
 
diff --git a/README.md b/README.md
index b08c08df4b3..a731b887f5b 100644
--- a/README.md
+++ b/README.md
@@ -11,7 +11,7 @@ You can install the PHP SDK with Composer by editing your `composer.json` file:
 {
     "require": {
         // x-release-please-start-version
-        "microsoft/microsoft-graph": "^2.15.0"
+        "microsoft/microsoft-graph": "^2.16.0"
         // x-release-please-end
     }
 }
diff --git a/src/GraphConstants.php b/src/GraphConstants.php
index cf9e23bdb3c..4ba62187691 100644
--- a/src/GraphConstants.php
+++ b/src/GraphConstants.php
@@ -20,6 +20,6 @@ final class GraphConstants
 {
     const API_VERSION = "v1.0";
     // x-release-please-start-version
-    const SDK_VERSION = "2.15.0";
+    const SDK_VERSION = "2.16.0";
     // x-release-please-end
 }