diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3ebfb43c04..a15938955b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [10.40.1](https://github.com/blackbaud/skyux/compare/10.40.0...10.40.1) (2024-07-29)
+
+
+### Bug Fixes
+
+* **components/modals:** `SkyModalTestingController.closeTopModal` passes `reason` and `result` to the modal instance ([#2565](https://github.com/blackbaud/skyux/issues/2565)) ([0337f78](https://github.com/blackbaud/skyux/commit/0337f7825431699609f668d3408d353b59ba6896))
+
 ## [10.40.0](https://github.com/blackbaud/skyux/compare/10.39.0...10.40.0) (2024-07-26)
 
 
diff --git a/package-lock.json b/package-lock.json
index f616a6886b..9371ef1105 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "skyux",
-  "version": "10.40.0",
+  "version": "10.40.1",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "skyux",
-      "version": "10.40.0",
+      "version": "10.40.1",
       "hasInstallScript": true,
       "license": "MIT",
       "dependencies": {
diff --git a/package.json b/package.json
index 70c238c4f4..a286820adb 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "skyux",
-  "version": "10.40.0",
+  "version": "10.40.1",
   "license": "MIT",
   "scripts": {
     "ng": "nx",