diff --git a/CHANGELOG.md b/CHANGELOG.md
index 70d6db10..c62677ff 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,12 @@
 
 ## Next Version
 
+## 2.40.1
+
+### Fixed
+
+- Reverted `.xcprivacy` handling. They will now again be treated as resources by default @yonaskolb
+
 ## 2.40.0
 
 ### Added
diff --git a/Makefile b/Makefile
index 9455463b..7069ae5d 100644
--- a/Makefile
+++ b/Makefile
@@ -1,6 +1,6 @@
 TOOL_NAME = XcodeGen
 export EXECUTABLE_NAME = xcodegen
-VERSION = 2.40.0
+VERSION = 2.40.1
 
 PREFIX = /usr/local
 INSTALL_PATH = $(PREFIX)/bin/$(EXECUTABLE_NAME)
diff --git a/README.md b/README.md
index 6cce510c..04317fcf 100644
--- a/README.md
+++ b/README.md
@@ -113,7 +113,7 @@ swift run xcodegen
 Add the following to your Package.swift file's dependencies:
 
 ```swift
-.package(url: "https://github.com/yonaskolb/XcodeGen.git", from: "2.40.0"),
+.package(url: "https://github.com/yonaskolb/XcodeGen.git", from: "2.40.1"),
 ```
 
 And then import wherever needed: `import XcodeGenKit`
diff --git a/Sources/XcodeGen/main.swift b/Sources/XcodeGen/main.swift
index 44601720..37b11e0c 100644
--- a/Sources/XcodeGen/main.swift
+++ b/Sources/XcodeGen/main.swift
@@ -3,6 +3,6 @@ import ProjectSpec
 import XcodeGenCLI
 import Version
 
-let version = Version("2.40.0")
+let version = Version("2.40.1")
 let cli = XcodeGenCLI(version: version)
 cli.execute()