diff --git a/VERSION_NUMBER b/VERSION_NUMBER
index 84cc529467b05..ec6d649be6505 100644
--- a/VERSION_NUMBER
+++ b/VERSION_NUMBER
@@ -1 +1 @@
-1.18.0
+1.18.1
diff --git a/docs/python/README.rst b/docs/python/README.rst
index bbc8571fe3f17..de54b120da249 100644
--- a/docs/python/README.rst
+++ b/docs/python/README.rst
@@ -8,6 +8,11 @@ For more information on ONNX Runtime, please see `aka.ms/onnxruntime <https://ak
 Changes
 -------
 
+1.18.1
+^^^^^^
+
+Release Notes : https://github.com/Microsoft/onnxruntime/releases/tag/v1.18.1
+
 1.18.0
 ^^^^^^
 
diff --git a/js/common/lib/version.ts b/js/common/lib/version.ts
index 40f970ddf02ae..9d230e43989d5 100644
--- a/js/common/lib/version.ts
+++ b/js/common/lib/version.ts
@@ -4,4 +4,4 @@
 // This file is generated by /js/scripts/update-version.ts
 // Do not modify file content manually.
 
-export const version = '1.18.0';
+export const version = '1.18.1';
diff --git a/js/common/package-lock.json b/js/common/package-lock.json
index 3988ac80707e0..4ad0c584e0182 100644
--- a/js/common/package-lock.json
+++ b/js/common/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "onnxruntime-common",
-  "version": "1.18.0",
+  "version": "1.18.1",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "onnxruntime-common",
-      "version": "1.18.0",
+      "version": "1.18.1",
       "license": "MIT",
       "devDependencies": {
         "typedoc": "^0.25.7"
diff --git a/js/common/package.json b/js/common/package.json
index cd2612aab4984..b047ef97cc53f 100644
--- a/js/common/package.json
+++ b/js/common/package.json
@@ -2,7 +2,7 @@
   "license": "MIT",
   "type": "module",
   "name": "onnxruntime-common",
-  "version": "1.18.0",
+  "version": "1.18.1",
   "repository": {
     "url": "https://github.com/Microsoft/onnxruntime.git",
     "type": "git"
diff --git a/js/node/lib/version.ts b/js/node/lib/version.ts
index 40f970ddf02ae..9d230e43989d5 100644
--- a/js/node/lib/version.ts
+++ b/js/node/lib/version.ts
@@ -4,4 +4,4 @@
 // This file is generated by /js/scripts/update-version.ts
 // Do not modify file content manually.
 
-export const version = '1.18.0';
+export const version = '1.18.1';
diff --git a/js/node/package-lock.json b/js/node/package-lock.json
index 77b653a7c3f54..4fd2267dafc97 100644
--- a/js/node/package-lock.json
+++ b/js/node/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "onnxruntime-node",
-  "version": "1.18.0",
+  "version": "1.18.1",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "onnxruntime-node",
-      "version": "1.18.0",
+      "version": "1.18.1",
       "hasInstallScript": true,
       "license": "MIT",
       "os": [
@@ -29,7 +29,7 @@
     },
     "../common": {
       "name": "onnxruntime-common",
-      "version": "1.18.0",
+      "version": "1.18.1",
       "license": "MIT",
       "devDependencies": {
         "typedoc": "^0.25.7"
diff --git a/js/node/package.json b/js/node/package.json
index e78780107b8b2..9953e361ba3b2 100644
--- a/js/node/package.json
+++ b/js/node/package.json
@@ -13,7 +13,7 @@
       3
     ]
   },
-  "version": "1.18.0",
+  "version": "1.18.1",
   "dependencies": {
     "onnxruntime-common": "file:../common",
     "tar": "^7.0.1"
diff --git a/js/react_native/lib/version.ts b/js/react_native/lib/version.ts
index 40f970ddf02ae..9d230e43989d5 100644
--- a/js/react_native/lib/version.ts
+++ b/js/react_native/lib/version.ts
@@ -4,4 +4,4 @@
 // This file is generated by /js/scripts/update-version.ts
 // Do not modify file content manually.
 
-export const version = '1.18.0';
+export const version = '1.18.1';
diff --git a/js/react_native/package.json b/js/react_native/package.json
index 47324a76fe55f..87275da85dbf7 100644
--- a/js/react_native/package.json
+++ b/js/react_native/package.json
@@ -36,7 +36,7 @@
     "registry": "https://registry.npmjs.org/"
   },
   "source": "lib/index",
-  "version": "1.18.0",
+  "version": "1.18.1",
   "main": "dist/commonjs/index",
   "homepage": "https://github.com/microsoft/onnxruntime/blob/main/js/react_native/README.md",
   "files": [
diff --git a/js/react_native/yarn.lock b/js/react_native/yarn.lock
index bbb0c4f3d1e22..953f93b74a8f4 100644
--- a/js/react_native/yarn.lock
+++ b/js/react_native/yarn.lock
@@ -5254,7 +5254,7 @@ onetime@^5.1.0, onetime@^5.1.2:
     mimic-fn "^2.1.0"
 
 "onnxruntime-common@file:../common":
-  version "1.18.0"
+  version "1.18.1"
 
 open@^6.2.0:
   version "6.4.0"
diff --git a/js/web/lib/version.ts b/js/web/lib/version.ts
index 40f970ddf02ae..9d230e43989d5 100644
--- a/js/web/lib/version.ts
+++ b/js/web/lib/version.ts
@@ -4,4 +4,4 @@
 // This file is generated by /js/scripts/update-version.ts
 // Do not modify file content manually.
 
-export const version = '1.18.0';
+export const version = '1.18.1';
diff --git a/js/web/package-lock.json b/js/web/package-lock.json
index 72fe383f04fe1..17e55dfeabb8d 100644
--- a/js/web/package-lock.json
+++ b/js/web/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "onnxruntime-web",
-  "version": "1.18.0",
+  "version": "1.18.1",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "onnxruntime-web",
-      "version": "1.18.0",
+      "version": "1.18.1",
       "license": "MIT",
       "dependencies": {
         "flatbuffers": "^1.12.0",
@@ -49,7 +49,7 @@
     },
     "../common": {
       "name": "onnxruntime-common",
-      "version": "1.18.0",
+      "version": "1.18.1",
       "license": "MIT",
       "devDependencies": {
         "typedoc": "^0.25.7"
diff --git a/js/web/package.json b/js/web/package.json
index e8e32ef753468..b06a3cf9a2ed0 100644
--- a/js/web/package.json
+++ b/js/web/package.json
@@ -7,7 +7,7 @@
     "type": "git"
   },
   "author": "fs-eire",
-  "version": "1.18.0",
+  "version": "1.18.1",
   "jsdelivr": "dist/ort.min.js",
   "dependencies": {
     "flatbuffers": "^1.12.0",
diff --git a/onnxruntime/__init__.py b/onnxruntime/__init__.py
index c3699f0fb33ad..040b497f90b4a 100644
--- a/onnxruntime/__init__.py
+++ b/onnxruntime/__init__.py
@@ -7,7 +7,7 @@
 For more information on ONNX Runtime, please see `aka.ms/onnxruntime <https://aka.ms/onnxruntime/>`_
 or the `Github project <https://github.com/microsoft/onnxruntime/>`_.
 """
-__version__ = "1.18.0"
+__version__ = "1.18.1"
 __author__ = "Microsoft"
 
 # we need to do device version validation (for example to check Cuda version for an onnxruntime-training package).
diff --git a/onnxruntime/core/session/onnxruntime_c_api.cc b/onnxruntime/core/session/onnxruntime_c_api.cc
index f0ed97ddabb67..069251c4de139 100644
--- a/onnxruntime/core/session/onnxruntime_c_api.cc
+++ b/onnxruntime/core/session/onnxruntime_c_api.cc
@@ -2763,7 +2763,7 @@ static_assert(offsetof(OrtApi, SessionOptionsAppendExecutionProvider_OpenVINO_V2
 static_assert(offsetof(OrtApi, AddExternalInitializersFromFilesInMemory) / sizeof(void*) == 279, "Size of version 18 API cannot change");
 
 // So that nobody forgets to finish an API version, this check will serve as a reminder:
-static_assert(std::string_view(ORT_VERSION) == "1.18.0",
+static_assert(std::string_view(ORT_VERSION) == "1.18.1",
               "ORT_Version change detected, please follow below steps to ensure OrtApi is updated properly");
 // 1. Update the hardcoded version string in above static_assert to silence it
 // 2. If there were any APIs added to ort_api_1_to_18 above: