diff --git a/.github/ISSUE_TEMPLATE/bug_report.yaml b/.github/ISSUE_TEMPLATE/bug_report.yaml
index 4b85a1628..f13168f3c 100644
--- a/.github/ISSUE_TEMPLATE/bug_report.yaml
+++ b/.github/ISSUE_TEMPLATE/bug_report.yaml
@@ -14,7 +14,7 @@ body:
     attributes:
       label: NetBox version
       description: What version of NetBox are you currently running?
-      placeholder: v3.1.1
+      placeholder: v3.1.2
     validations:
       required: true
   - type: dropdown
diff --git a/.github/ISSUE_TEMPLATE/feature_request.yaml b/.github/ISSUE_TEMPLATE/feature_request.yaml
index d63c2567c..277c9724f 100644
--- a/.github/ISSUE_TEMPLATE/feature_request.yaml
+++ b/.github/ISSUE_TEMPLATE/feature_request.yaml
@@ -14,7 +14,7 @@ body:
     attributes:
       label: NetBox version
       description: What version of NetBox are you currently running?
-      placeholder: v3.1.1
+      placeholder: v3.1.2
     validations:
       required: true
   - type: dropdown
diff --git a/docs/release-notes/version-3.1.md b/docs/release-notes/version-3.1.md
index d58c4e9a2..ce6a67327 100644
--- a/docs/release-notes/version-3.1.md
+++ b/docs/release-notes/version-3.1.md
@@ -1,6 +1,6 @@
 # NetBox v3.1
 
-## v3.1.2 (FUTURE)
+## v3.1.2 (2021-12-20)
 
 ### Enhancements
 
diff --git a/netbox/netbox/settings.py b/netbox/netbox/settings.py
index 10a30b282..af4ce0a4d 100644
--- a/netbox/netbox/settings.py
+++ b/netbox/netbox/settings.py
@@ -19,7 +19,7 @@ from netbox.config import PARAMS
 # Environment setup
 #
 
-VERSION = '3.1.2-dev'
+VERSION = '3.1.2'
 
 # Hostname
 HOSTNAME = platform.node()
diff --git a/requirements.txt b/requirements.txt
index f744fea2a..4051862d1 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1,11 +1,11 @@
 Django==3.2.10
 django-cors-headers==3.10.1
-django-debug-toolbar==3.2.3
+django-debug-toolbar==3.2.4
 django-filter==21.1
 django-graphiql-debug-toolbar==0.2.0
 django-mptt==0.13.4
 django-pglocks==1.0.4
-django-prometheus==2.1.0
+django-prometheus==2.2.0
 django-redis==5.1.0
 django-rq==2.5.1
 django-tables2==2.4.1
@@ -18,7 +18,7 @@ gunicorn==20.1.0
 Jinja2==3.0.3
 Markdown==3.3.6
 markdown-include==0.6.0
-mkdocs-material==8.1.0
+mkdocs-material==8.1.3
 netaddr==0.8.0
 Pillow==8.4.0
 psycopg2-binary==2.9.2