diff --git a/modules/openapi-generator-cli/pom.xml b/modules/openapi-generator-cli/pom.xml
index fa08f0193633..0b9cea95c282 100644
--- a/modules/openapi-generator-cli/pom.xml
+++ b/modules/openapi-generator-cli/pom.xml
@@ -4,7 +4,7 @@
         <groupId>org.openapitools</groupId>
         <artifactId>openapi-generator-project</artifactId>
         <!-- RELEASE_VERSION -->
-        <version>7.16.0-SNAPSHOT</version>
+        <version>7.16.0</version>
         <!-- /RELEASE_VERSION -->
         <relativePath>../../pom.xml</relativePath>
     </parent>
diff --git a/modules/openapi-generator-core/pom.xml b/modules/openapi-generator-core/pom.xml
index 4f0207c924e1..c59e7a618203 100644
--- a/modules/openapi-generator-core/pom.xml
+++ b/modules/openapi-generator-core/pom.xml
@@ -6,7 +6,7 @@
     <artifactId>openapi-generator-project</artifactId>
     <groupId>org.openapitools</groupId>
     <!-- RELEASE_VERSION -->
-    <version>7.16.0-SNAPSHOT</version>
+    <version>7.16.0</version>
     <!-- /RELEASE_VERSION -->
     <relativePath>../../pom.xml</relativePath>
   </parent>
diff --git a/modules/openapi-generator-gradle-plugin/gradle.properties b/modules/openapi-generator-gradle-plugin/gradle.properties
index 34e355455e13..2a45196d3545 100644
--- a/modules/openapi-generator-gradle-plugin/gradle.properties
+++ b/modules/openapi-generator-gradle-plugin/gradle.properties
@@ -1,5 +1,5 @@
 # RELEASE_VERSION
-openApiGeneratorVersion=7.16.0-SNAPSHOT
+openApiGeneratorVersion=7.16.0
 # /RELEASE_VERSION
 
 # BEGIN placeholders
diff --git a/modules/openapi-generator-gradle-plugin/pom.xml b/modules/openapi-generator-gradle-plugin/pom.xml
index 22b4c4dce091..09161c26fc85 100644
--- a/modules/openapi-generator-gradle-plugin/pom.xml
+++ b/modules/openapi-generator-gradle-plugin/pom.xml
@@ -4,7 +4,7 @@
         <groupId>org.openapitools</groupId>
         <artifactId>openapi-generator-project</artifactId>
         <!-- RELEASE_VERSION -->
-        <version>7.16.0-SNAPSHOT</version>
+        <version>7.16.0</version>
         <!-- /RELEASE_VERSION -->
         <relativePath>../../pom.xml</relativePath>
     </parent>
diff --git a/modules/openapi-generator-gradle-plugin/samples/local-spec/gradle.properties b/modules/openapi-generator-gradle-plugin/samples/local-spec/gradle.properties
index 648c1c752cec..17b91f6f8ed6 100644
--- a/modules/openapi-generator-gradle-plugin/samples/local-spec/gradle.properties
+++ b/modules/openapi-generator-gradle-plugin/samples/local-spec/gradle.properties
@@ -1,3 +1,3 @@
 # RELEASE_VERSION
-openApiGeneratorVersion=7.16.0-SNAPSHOT
+openApiGeneratorVersion=7.16.0
 # /RELEASE_VERSION
diff --git a/modules/openapi-generator-maven-plugin/examples/java-client.xml b/modules/openapi-generator-maven-plugin/examples/java-client.xml
index b1e8775a3317..1577f407b4b4 100644
--- a/modules/openapi-generator-maven-plugin/examples/java-client.xml
+++ b/modules/openapi-generator-maven-plugin/examples/java-client.xml
@@ -13,7 +13,7 @@
                 <groupId>org.openapitools</groupId>
                 <artifactId>openapi-generator-maven-plugin</artifactId>
                 <!-- RELEASE_VERSION -->
-                <version>7.16.0-SNAPSHOT</version>
+                <version>7.16.0</version>
                 <!-- /RELEASE_VERSION -->
                 <executions>
                     <execution>
diff --git a/modules/openapi-generator-maven-plugin/examples/kotlin.xml b/modules/openapi-generator-maven-plugin/examples/kotlin.xml
index c072d995a183..ef62e0aecc1f 100644
--- a/modules/openapi-generator-maven-plugin/examples/kotlin.xml
+++ b/modules/openapi-generator-maven-plugin/examples/kotlin.xml
@@ -15,7 +15,7 @@
 				<groupId>org.openapitools</groupId>
 				<artifactId>openapi-generator-maven-plugin</artifactId>
 				<!-- RELEASE_VERSION -->
-				<version>7.16.0-SNAPSHOT</version>
+				<version>7.16.0</version>
 				<!-- /RELEASE_VERSION -->
 				<executions>
 					<execution>
diff --git a/modules/openapi-generator-maven-plugin/examples/multi-module/java-client/pom.xml b/modules/openapi-generator-maven-plugin/examples/multi-module/java-client/pom.xml
index 36a06db6112f..109364adb8ea 100644
--- a/modules/openapi-generator-maven-plugin/examples/multi-module/java-client/pom.xml
+++ b/modules/openapi-generator-maven-plugin/examples/multi-module/java-client/pom.xml
@@ -19,7 +19,7 @@
                 <groupId>org.openapitools</groupId>
                 <artifactId>openapi-generator-maven-plugin</artifactId>
                 <!-- RELEASE_VERSION -->
-                <version>7.16.0-SNAPSHOT</version>
+                <version>7.16.0</version>
                 <!-- /RELEASE_VERSION -->
                 <dependencies>
                     <dependency>
diff --git a/modules/openapi-generator-maven-plugin/examples/non-java-invalid-spec.xml b/modules/openapi-generator-maven-plugin/examples/non-java-invalid-spec.xml
index 0a030f11e3d9..984a531e0ccf 100644
--- a/modules/openapi-generator-maven-plugin/examples/non-java-invalid-spec.xml
+++ b/modules/openapi-generator-maven-plugin/examples/non-java-invalid-spec.xml
@@ -13,7 +13,7 @@
                 <groupId>org.openapitools</groupId>
                 <artifactId>openapi-generator-maven-plugin</artifactId>
                 <!-- RELEASE_VERSION -->
-                <version>7.16.0-SNAPSHOT</version>
+                <version>7.16.0</version>
                 <!-- /RELEASE_VERSION -->
                 <executions>
                     <execution>
diff --git a/modules/openapi-generator-maven-plugin/examples/non-java.xml b/modules/openapi-generator-maven-plugin/examples/non-java.xml
index 68f10a240701..e385a8792a42 100644
--- a/modules/openapi-generator-maven-plugin/examples/non-java.xml
+++ b/modules/openapi-generator-maven-plugin/examples/non-java.xml
@@ -13,7 +13,7 @@
                 <groupId>org.openapitools</groupId>
                 <artifactId>openapi-generator-maven-plugin</artifactId>
                 <!-- RELEASE_VERSION -->
-                <version>7.16.0-SNAPSHOT</version>
+                <version>7.16.0</version>
                 <!-- /RELEASE_VERSION -->
                 <executions>
                     <execution>
diff --git a/modules/openapi-generator-maven-plugin/examples/spring.xml b/modules/openapi-generator-maven-plugin/examples/spring.xml
index 6621fa163faa..ef43bfa261b9 100644
--- a/modules/openapi-generator-maven-plugin/examples/spring.xml
+++ b/modules/openapi-generator-maven-plugin/examples/spring.xml
@@ -20,7 +20,7 @@
                 <groupId>org.openapitools</groupId>
                 <artifactId>openapi-generator-maven-plugin</artifactId>
                 <!-- RELEASE_VERSION -->
-                <version>7.16.0-SNAPSHOT</version>
+                <version>7.16.0</version>
                 <!-- /RELEASE_VERSION -->
                 <executions>
                     <execution>
diff --git a/modules/openapi-generator-maven-plugin/pom.xml b/modules/openapi-generator-maven-plugin/pom.xml
index c7459d8e8f17..37e7f90d6e20 100644
--- a/modules/openapi-generator-maven-plugin/pom.xml
+++ b/modules/openapi-generator-maven-plugin/pom.xml
@@ -5,7 +5,7 @@
         <groupId>org.openapitools</groupId>
         <artifactId>openapi-generator-project</artifactId>
         <!-- RELEASE_VERSION -->
-        <version>7.16.0-SNAPSHOT</version>
+        <version>7.16.0</version>
         <!-- /RELEASE_VERSION -->
         <relativePath>../../pom.xml</relativePath>
     </parent>
diff --git a/modules/openapi-generator-online/pom.xml b/modules/openapi-generator-online/pom.xml
index 8cce1a787a72..3468039cbbf8 100644
--- a/modules/openapi-generator-online/pom.xml
+++ b/modules/openapi-generator-online/pom.xml
@@ -4,7 +4,7 @@
         <groupId>org.openapitools</groupId>
         <artifactId>openapi-generator-project</artifactId>
         <!-- RELEASE_VERSION -->
-        <version>7.16.0-SNAPSHOT</version>
+        <version>7.16.0</version>
         <!-- /RELEASE_VERSION -->
         <relativePath>../../pom.xml</relativePath>
     </parent>
diff --git a/modules/openapi-generator/pom.xml b/modules/openapi-generator/pom.xml
index 884c6358af5b..a457e0791678 100644
--- a/modules/openapi-generator/pom.xml
+++ b/modules/openapi-generator/pom.xml
@@ -4,7 +4,7 @@
         <groupId>org.openapitools</groupId>
         <artifactId>openapi-generator-project</artifactId>
         <!-- RELEASE_VERSION -->
-        <version>7.16.0-SNAPSHOT</version>
+        <version>7.16.0</version>
         <!-- /RELEASE_VERSION -->
         <relativePath>../../pom.xml</relativePath>
     </parent>
diff --git a/pom.xml b/pom.xml
index 1693a182785d..4685b8e1879b 100644
--- a/pom.xml
+++ b/pom.xml
@@ -15,7 +15,7 @@
     <packaging>pom</packaging>
     <name>openapi-generator-project</name>
     <!-- RELEASE_VERSION -->
-    <version>7.16.0-SNAPSHOT</version>
+    <version>7.16.0</version>
     <!-- /RELEASE_VERSION -->
     <url>https://github.com/openapitools/openapi-generator</url>
     <scm>