diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index b520ce4a15ab..b6a073638994 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -118,7 +118,7 @@
     "packages/google-cloud-orchestration-airflow": "1.13.1",
     "packages/google-cloud-os-config": "1.17.5",
     "packages/google-cloud-os-login": "2.14.6",
-    "packages/google-cloud-parallelstore": "0.2.2",
+    "packages/google-cloud-parallelstore": "0.2.3",
     "packages/google-cloud-phishing-protection": "1.11.5",
     "packages/google-cloud-policy-troubleshooter": "1.11.5",
     "packages/google-cloud-policysimulator": "0.1.8",
diff --git a/packages/google-cloud-parallelstore/CHANGELOG.md b/packages/google-cloud-parallelstore/CHANGELOG.md
index a77d3c415bb7..957ad4f803d3 100644
--- a/packages/google-cloud-parallelstore/CHANGELOG.md
+++ b/packages/google-cloud-parallelstore/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [0.2.3](https://github.com/googleapis/google-cloud-python/compare/google-cloud-parallelstore-v0.2.2...google-cloud-parallelstore-v0.2.3) (2024-08-01)
+
+
+### Features
+
+* [google-cloud-parallelstore] add file_stripe_level and directory_stripe_level fields to Instance ([#12970](https://github.com/googleapis/google-cloud-python/issues/12970)) ([17f4b3a](https://github.com/googleapis/google-cloud-python/commit/17f4b3ade3a159c87acedc36b48f69125d670c74))
+
 ## [0.2.2](https://github.com/googleapis/google-cloud-python/compare/google-cloud-parallelstore-v0.2.1...google-cloud-parallelstore-v0.2.2) (2024-07-30)
 
 
diff --git a/packages/google-cloud-parallelstore/google/cloud/parallelstore/gapic_version.py b/packages/google-cloud-parallelstore/google/cloud/parallelstore/gapic_version.py
index 558c8aab67c5..355df6b536f8 100644
--- a/packages/google-cloud-parallelstore/google/cloud/parallelstore/gapic_version.py
+++ b/packages/google-cloud-parallelstore/google/cloud/parallelstore/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "0.0.0"  # {x-release-please-version}
+__version__ = "0.2.3"  # {x-release-please-version}
diff --git a/packages/google-cloud-parallelstore/google/cloud/parallelstore_v1beta/gapic_version.py b/packages/google-cloud-parallelstore/google/cloud/parallelstore_v1beta/gapic_version.py
index 558c8aab67c5..355df6b536f8 100644
--- a/packages/google-cloud-parallelstore/google/cloud/parallelstore_v1beta/gapic_version.py
+++ b/packages/google-cloud-parallelstore/google/cloud/parallelstore_v1beta/gapic_version.py
@@ -13,4 +13,4 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 #
-__version__ = "0.0.0"  # {x-release-please-version}
+__version__ = "0.2.3"  # {x-release-please-version}
diff --git a/packages/google-cloud-parallelstore/samples/generated_samples/snippet_metadata_google.cloud.parallelstore.v1beta.json b/packages/google-cloud-parallelstore/samples/generated_samples/snippet_metadata_google.cloud.parallelstore.v1beta.json
index 01334a8f8053..5cd9eff36350 100644
--- a/packages/google-cloud-parallelstore/samples/generated_samples/snippet_metadata_google.cloud.parallelstore.v1beta.json
+++ b/packages/google-cloud-parallelstore/samples/generated_samples/snippet_metadata_google.cloud.parallelstore.v1beta.json
@@ -8,7 +8,7 @@
     ],
     "language": "PYTHON",
     "name": "google-cloud-parallelstore",
-    "version": "0.1.0"
+    "version": "0.2.3"
   },
   "snippets": [
     {