diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 8efb275..6bbfeb6 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1 +1 @@
-{".":"0.4.0"}
+{".":"0.5.0"}
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 67f5d37..64be80c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,23 @@
 # Changelog
 
+## [0.5.0](https://github.com/open-feature/swift-sdk/compare/0.4.0...0.5.0) (2025-09-16)
+
+
+### ⚠ BREAKING CHANGES
+
+* add provider event details ([#77](https://github.com/open-feature/swift-sdk/issues/77))
+
+### ✨ New Features
+
+* add multiprovider ([#78](https://github.com/open-feature/swift-sdk/issues/78)) ([869b90a](https://github.com/open-feature/swift-sdk/commit/869b90a7bf0c98368fe5b49f6c852178ba299ad7))
+* add provider event details ([#77](https://github.com/open-feature/swift-sdk/issues/77)) ([56b477e](https://github.com/open-feature/swift-sdk/commit/56b477e69250bc52feab0c9838234843d83b5732))
+* Allow FlagEvaluationDetails to be a public API ([#79](https://github.com/open-feature/swift-sdk/issues/79)) ([0b07a8f](https://github.com/open-feature/swift-sdk/commit/0b07a8ff1e790fe57de4608ff7ae2edaa8fdb48d))
+
+
+### 📚 Documentation
+
+* Update docs with ImmutableContext ([#72](https://github.com/open-feature/swift-sdk/issues/72)) ([28ccd3e](https://github.com/open-feature/swift-sdk/commit/28ccd3e0f71c2a015d507b8fba1fb294770ab74e))
+
 ## [0.4.0](https://github.com/open-feature/swift-sdk/compare/0.3.1...0.4.0) (2025-08-06)
 
 
diff --git a/OpenFeature.podspec b/OpenFeature.podspec
index 40bfa2d..928f8bd 100644
--- a/OpenFeature.podspec
+++ b/OpenFeature.podspec
@@ -1,6 +1,6 @@
 Pod::Spec.new do |s|
   s.name             = 'OpenFeature'
-  s.version          = '0.4.0' # x-release-please-version
+  s.version          = '0.5.0' # x-release-please-version
   s.summary          = 'OpenFeature iOS SDK'
   s.description      = <<-DESC
 OpenFeature is an open specification that provides a vendor-agnostic, community-driven API for feature flagging that works with your favorite feature flag management tool or in-house solution. This Swift SDK supports iOS, macOS, watchOS, and tvOS.
diff --git a/README.md b/README.md
index 1d161cb..e0f8d3c 100644
--- a/README.md
+++ b/README.md
@@ -19,8 +19,8 @@
   </a>
   <!-- x-release-please-start-version -->
 
-  <a href="https://github.com/open-feature/swift-sdk/releases/tag/0.4.0">
-    <img alt="Release" src="https://img.shields.io/static/v1?label=release&message=v0.4.0&color=blue&style=for-the-badge" />
+  <a href="https://github.com/open-feature/swift-sdk/releases/tag/0.5.0">
+    <img alt="Release" src="https://img.shields.io/static/v1?label=release&message=v0.5.0&color=blue&style=for-the-badge" />
   </a>
 
   <!-- x-release-please-end -->
@@ -66,7 +66,7 @@ If you manage dependencies through SPM, in the dependencies section of Package.s
 
 <!---x-release-please-start-version-->
 ```swift
-.package(url: "git@github.com:open-feature/swift-sdk.git", from: "0.4.0")
+.package(url: "git@github.com:open-feature/swift-sdk.git", from: "0.5.0")
 ```
 <!---x-release-please-end-->
 
diff --git a/version.txt b/version.txt
index 1d0ba9e..8f0916f 100644
--- a/version.txt
+++ b/version.txt
@@ -1 +1 @@
-0.4.0
+0.5.0