diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index c921699506af..7ef83ff7a569 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -575,7 +575,7 @@
   "google-cloud-network_connectivity-v1alpha1+FILLER": "0.0.0",
   "google-cloud-network_management": "2.1.0",
   "google-cloud-network_management+FILLER": "0.0.0",
-  "google-cloud-network_management-v1": "2.6.0",
+  "google-cloud-network_management-v1": "2.7.0",
   "google-cloud-network_management-v1+FILLER": "0.0.0",
   "google-cloud-network_security": "1.2.0",
   "google-cloud-network_security+FILLER": "0.0.0",
diff --git a/google-cloud-network_management-v1/CHANGELOG.md b/google-cloud-network_management-v1/CHANGELOG.md
index a9b95460c98e..074e7e258277 100644
--- a/google-cloud-network_management-v1/CHANGELOG.md
+++ b/google-cloud-network_management-v1/CHANGELOG.md
@@ -1,5 +1,14 @@
 # Changelog
 
+### 2.7.0 (2026-01-30)
+
+#### Features
+
+* add fields and messages for GKE Pods and IP masquerading ([#32387](https://github.com/googleapis/google-cloud-ruby/issues/32387)) 
+#### Documentation
+
+* update comments 
+
 ### 2.6.0 (2025-11-03)
 
 #### Features
diff --git a/google-cloud-network_management-v1/lib/google/cloud/network_management/v1/version.rb b/google-cloud-network_management-v1/lib/google/cloud/network_management/v1/version.rb
index 9799e6b69e20..52f2cc408b08 100644
--- a/google-cloud-network_management-v1/lib/google/cloud/network_management/v1/version.rb
+++ b/google-cloud-network_management-v1/lib/google/cloud/network_management/v1/version.rb
@@ -21,7 +21,7 @@ module Google
   module Cloud
     module NetworkManagement
       module V1
-        VERSION = "2.6.0"
+        VERSION = "2.7.0"
       end
     end
   end
diff --git a/google-cloud-network_management-v1/snippets/snippet_metadata_google.cloud.networkmanagement.v1.json b/google-cloud-network_management-v1/snippets/snippet_metadata_google.cloud.networkmanagement.v1.json
index 918147c00345..bb060cefeae3 100644
--- a/google-cloud-network_management-v1/snippets/snippet_metadata_google.cloud.networkmanagement.v1.json
+++ b/google-cloud-network_management-v1/snippets/snippet_metadata_google.cloud.networkmanagement.v1.json
@@ -1,7 +1,7 @@
 {
   "client_library": {
     "name": "google-cloud-network_management-v1",
-    "version": "2.6.0",
+    "version": "2.7.0",
     "language": "RUBY",
     "apis": [
       {