diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 2468ab9523..d83412e8f1 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1 +1 @@
-{".":"7.8.0","packages/phoenix-evals":"0.19.0","packages/phoenix-otel":"0.6.1","packages/phoenix-client":"0.1.0-alpha.1"}
+{".":"7.8.1","packages/phoenix-evals":"0.19.0","packages/phoenix-otel":"0.6.1","packages/phoenix-client":"0.1.0-alpha.1"}
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6ffafe0938..da879bf91e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [7.8.1](https://github.com/Arize-ai/phoenix/compare/arize-phoenix-v7.8.0...arize-phoenix-v7.8.1) (2025-01-18)
+
+
+### Bug Fixes
+
+* reduce query memory usage in DatasetExampleRevisionsDataLoader ([#6116](https://github.com/Arize-ai/phoenix/issues/6116)) ([7412bb9](https://github.com/Arize-ai/phoenix/commit/7412bb9cc92390d090a956f6a573fa353347efb3))
+
 ## [7.8.0](https://github.com/Arize-ai/phoenix/compare/arize-phoenix-v7.7.2...arize-phoenix-v7.8.0) (2025-01-17)
 
 
diff --git a/src/phoenix/version.py b/src/phoenix/version.py
index 5db52a12be..24b151aa9d 100644
--- a/src/phoenix/version.py
+++ b/src/phoenix/version.py
@@ -1 +1 @@
-__version__ = "7.8.0"
+__version__ = "7.8.1"