diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 1f988060..f703c4c4 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "4.62.0"
+  ".": "4.63.0"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5f716b49..e25d37a8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [4.63.0](https://github.com/orbcorp/orb-python/compare/v4.62.0...v4.63.0) (2026-07-26)
+
+
+### Features
+
+* **api:** add `spend_exceeded` alert type for subscription-level alerts ([6feb67f](https://github.com/orbcorp/orb-python/commit/6feb67f68fc55be6b56d14b7fc0552dff53b573c))
+
 ## [4.62.0](https://github.com/orbcorp/orb-python/compare/v4.61.0...v4.62.0) (2026-07-25)
 
 
diff --git a/pyproject.toml b/pyproject.toml
index 33a3f7f2..e30b2f2f 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "orb-billing"
-version = "4.62.0"
+version = "4.63.0"
 description = "The official Python library for the orb API"
 dynamic = ["readme"]
 license = "Apache-2.0"
diff --git a/src/orb/_version.py b/src/orb/_version.py
index bdf6ff23..9255b347 100644
--- a/src/orb/_version.py
+++ b/src/orb/_version.py
@@ -1,4 +1,4 @@
 # File generated from our OpenAPI spec by Stainless. See CONTRIBUTING.md for details.
 
 __title__ = "orb"
-__version__ = "4.62.0"  # x-release-please-version
+__version__ = "4.63.0"  # x-release-please-version