diff --git a/examples/class-prefix/package.json b/examples/class-prefix/package.json
index b6c78573590d..34cb4b91d039 100644
--- a/examples/class-prefix/package.json
+++ b/examples/class-prefix/package.json
@@ -1,7 +1,7 @@
 {
   "name": "class-prefix",
   "private": true,
-  "version": "0.37.0-rc.0",
+  "version": "0.37.0",
   "type": "module",
   "scripts": {
     "dev": "vite",
@@ -9,7 +9,7 @@
     "preview": "vite preview"
   },
   "dependencies": {
-    "@carbon/react": "^1.40.0-rc.0",
+    "@carbon/react": "^1.40.0",
     "react": "^18.2.0",
     "react-dom": "^18.2.0"
   },
diff --git a/examples/codesandbox-styles/package.json b/examples/codesandbox-styles/package.json
index 029f67ff81e1..79981bcf67e7 100644
--- a/examples/codesandbox-styles/package.json
+++ b/examples/codesandbox-styles/package.json
@@ -1,7 +1,7 @@
 {
   "name": "codesandbox-styles",
   "private": true,
-  "version": "0.43.0-rc.0",
+  "version": "0.43.0",
   "type": "module",
   "scripts": {
     "dev": "vite"
@@ -11,6 +11,6 @@
     "vite": "^4.3.8"
   },
   "dependencies": {
-    "@carbon/styles": "^1.40.0-rc.0"
+    "@carbon/styles": "^1.40.0"
   }
 }
diff --git a/examples/codesandbox-with-sass-compilation/package.json b/examples/codesandbox-with-sass-compilation/package.json
index b0cf8bc8db5e..b0172bed8c3e 100644
--- a/examples/codesandbox-with-sass-compilation/package.json
+++ b/examples/codesandbox-with-sass-compilation/package.json
@@ -1,9 +1,9 @@
 {
   "name": "codesandbox-with-sass-compilation",
-  "version": "0.41.0-rc.0",
+  "version": "0.41.0",
   "private": true,
   "dependencies": {
-    "@carbon/react": "^1.40.0-rc.0",
+    "@carbon/react": "^1.40.0",
     "react": "^18.2.0",
     "react-dom": "^18.2.0"
   },
diff --git a/examples/codesandbox/package.json b/examples/codesandbox/package.json
index d07350ba58f5..fd8b572bfbec 100644
--- a/examples/codesandbox/package.json
+++ b/examples/codesandbox/package.json
@@ -1,9 +1,9 @@
 {
   "name": "codesandbox",
-  "version": "0.41.0-rc.0",
+  "version": "0.41.0",
   "private": true,
   "dependencies": {
-    "@carbon/react": "^1.40.0-rc.0",
+    "@carbon/react": "^1.40.0",
     "react": "^18.2.0",
     "react-dom": "^18.2.0"
   },
diff --git a/examples/custom-theme/package.json b/examples/custom-theme/package.json
index 7dacbf83261e..d310535e01d7 100644
--- a/examples/custom-theme/package.json
+++ b/examples/custom-theme/package.json
@@ -1,7 +1,7 @@
 {
   "name": "custom-theme",
   "private": true,
-  "version": "0.38.0-rc.0",
+  "version": "0.38.0",
   "type": "module",
   "scripts": {
     "dev": "vite",
@@ -9,7 +9,7 @@
     "preview": "vite preview"
   },
   "dependencies": {
-    "@carbon/react": "^1.40.0-rc.0",
+    "@carbon/react": "^1.40.0",
     "react": "^18.2.0",
     "react-dom": "^18.2.0"
   },
diff --git a/examples/id-prefix/package.json b/examples/id-prefix/package.json
index 9e9b38c52dba..f5ee8fd31210 100644
--- a/examples/id-prefix/package.json
+++ b/examples/id-prefix/package.json
@@ -1,7 +1,7 @@
 {
   "name": "id-prefix",
   "private": true,
-  "version": "0.37.0-rc.0",
+  "version": "0.37.0",
   "type": "module",
   "scripts": {
     "dev": "vite",
@@ -9,7 +9,7 @@
     "preview": "vite preview"
   },
   "dependencies": {
-    "@carbon/react": "^1.40.0-rc.0",
+    "@carbon/react": "^1.40.0",
     "react": "^18.2.0",
     "react-dom": "^18.2.0"
   },
diff --git a/examples/incremental-migration-vite/package.json b/examples/incremental-migration-vite/package.json
index 26b862bc382e..27f11de0833e 100644
--- a/examples/incremental-migration-vite/package.json
+++ b/examples/incremental-migration-vite/package.json
@@ -1,7 +1,7 @@
 {
   "name": "incremental-migration-vite",
   "private": true,
-  "version": "0.5.0-rc.0",
+  "version": "0.5.0",
   "scripts": {
     "dev": "vite",
     "build": "vite build",
@@ -12,7 +12,7 @@
   },
   "dependencies": {
     "@carbon/icons-react": "^10.49.0",
-    "@carbon/react": "^1.40.0-rc.0",
+    "@carbon/react": "^1.40.0",
     "carbon-components": "^10.57.0",
     "carbon-components-react": "^7.57.0",
     "carbon-icons": "^7.0.7",
diff --git a/examples/light-dark-mode/package.json b/examples/light-dark-mode/package.json
index 31144b765e4c..f6dd7292278c 100644
--- a/examples/light-dark-mode/package.json
+++ b/examples/light-dark-mode/package.json
@@ -1,7 +1,7 @@
 {
   "name": "examples-light-dark",
   "private": true,
-  "version": "0.38.0-rc.0",
+  "version": "0.38.0",
   "scripts": {
     "build": "next build",
     "dev": "next dev",
@@ -9,7 +9,7 @@
     "start": "next start"
   },
   "dependencies": {
-    "@carbon/react": "^1.40.0-rc.0",
+    "@carbon/react": "^1.40.0",
     "next": "12.1.4",
     "react": "18.2.0",
     "react-dom": "18.2.0"
diff --git a/examples/nextjs/package.json b/examples/nextjs/package.json
index c28a8f7f79a1..01041395375a 100644
--- a/examples/nextjs/package.json
+++ b/examples/nextjs/package.json
@@ -1,7 +1,7 @@
 {
   "name": "examples-nextjs",
   "private": true,
-  "version": "0.40.0-rc.0",
+  "version": "0.40.0",
   "scripts": {
     "build": "next build",
     "dev": "next dev",
@@ -9,7 +9,7 @@
     "start": "next start"
   },
   "dependencies": {
-    "@carbon/react": "^1.40.0-rc.0",
+    "@carbon/react": "^1.40.0",
     "next": "13.4.7",
     "react": "18.2.0",
     "react-dom": "18.2.0"
diff --git a/examples/v10-token-compat-in-v11/package.json b/examples/v10-token-compat-in-v11/package.json
index 0af4632f1e03..da8336a39a1c 100644
--- a/examples/v10-token-compat-in-v11/package.json
+++ b/examples/v10-token-compat-in-v11/package.json
@@ -1,7 +1,7 @@
 {
   "name": "v10-token-compat-in-v11",
   "private": true,
-  "version": "0.38.0-rc.0",
+  "version": "0.38.0",
   "type": "module",
   "scripts": {
     "dev": "vite",
@@ -9,7 +9,7 @@
     "preview": "vite preview"
   },
   "dependencies": {
-    "@carbon/react": "^1.40.0-rc.0",
+    "@carbon/react": "^1.40.0",
     "react": "^18.2.0",
     "react-dom": "^18.2.0"
   },
diff --git a/examples/vite/package.json b/examples/vite/package.json
index ea11ab971520..a631df03764e 100644
--- a/examples/vite/package.json
+++ b/examples/vite/package.json
@@ -1,7 +1,7 @@
 {
   "name": "vite",
   "private": true,
-  "version": "0.38.0-rc.0",
+  "version": "0.38.0",
   "type": "module",
   "scripts": {
     "dev": "vite",
@@ -9,7 +9,7 @@
     "preview": "vite preview"
   },
   "dependencies": {
-    "@carbon/react": "^1.40.0-rc.0",
+    "@carbon/react": "^1.40.0",
     "react": "^18.2.0",
     "react-dom": "^18.2.0"
   },
diff --git a/packages/carbon-components-react/package.json b/packages/carbon-components-react/package.json
index eb41bf0093c5..23506eeac630 100644
--- a/packages/carbon-components-react/package.json
+++ b/packages/carbon-components-react/package.json
@@ -1,7 +1,7 @@
 {
   "name": "carbon-components-react",
   "description": "The Carbon Design System is IBM’s open-source design system for products and experiences.",
-  "version": "8.40.0-rc.0",
+  "version": "8.40.0",
   "license": "Apache-2.0",
   "main": "lib/index.js",
   "module": "es/index.js",
@@ -41,8 +41,8 @@
     "sass": "^1.33.0"
   },
   "dependencies": {
-    "@carbon/react": "^1.40.0-rc.0",
-    "@carbon/styles": "^1.40.0-rc.0",
+    "@carbon/react": "^1.40.0",
+    "@carbon/styles": "^1.40.0",
     "@carbon/telemetry": "0.1.0",
     "chalk": "1.1.3"
   },
diff --git a/packages/carbon-components/package.json b/packages/carbon-components/package.json
index 374fdb0c09bb..a084e2299bc4 100644
--- a/packages/carbon-components/package.json
+++ b/packages/carbon-components/package.json
@@ -1,7 +1,7 @@
 {
   "name": "carbon-components",
   "description": "The Carbon Design System is IBM’s open-source design system for products and experiences.",
-  "version": "11.40.0-rc.0",
+  "version": "11.40.0",
   "license": "Apache-2.0",
   "repository": {
     "type": "git",
@@ -42,7 +42,7 @@
     "sass": "^1.33.0"
   },
   "dependencies": {
-    "@carbon/styles": "^1.40.0-rc.0",
+    "@carbon/styles": "^1.40.0",
     "@carbon/telemetry": "0.1.0",
     "chalk": "1.1.3"
   },
diff --git a/packages/pictograms-react/package.json b/packages/pictograms-react/package.json
index 5c944f120c5d..db895d6fae37 100644
--- a/packages/pictograms-react/package.json
+++ b/packages/pictograms-react/package.json
@@ -1,7 +1,7 @@
 {
   "name": "@carbon/pictograms-react",
   "description": "React components for pictograms in digital and software products using the Carbon Design System",
-  "version": "11.50.0-rc.0",
+  "version": "11.50.0",
   "license": "Apache-2.0",
   "main": "lib/index.js",
   "module": "es/index.js",
@@ -44,7 +44,7 @@
   },
   "devDependencies": {
     "@carbon/icon-build-helpers": "^1.18.0",
-    "@carbon/pictograms": "^12.24.0-rc.0"
+    "@carbon/pictograms": "^12.24.0"
   },
   "sideEffects": false
 }
diff --git a/packages/pictograms/package.json b/packages/pictograms/package.json
index 4eb310f00dbe..f1bce1a9862f 100644
--- a/packages/pictograms/package.json
+++ b/packages/pictograms/package.json
@@ -1,7 +1,7 @@
 {
   "name": "@carbon/pictograms",
   "description": "Pictograms for digital and software products using the Carbon Design System",
-  "version": "12.24.0-rc.0",
+  "version": "12.24.0",
   "license": "Apache-2.0",
   "main": "lib/index.js",
   "module": "es/index.js",
diff --git a/packages/react/package.json b/packages/react/package.json
index 019bb66491fe..b0279561e83c 100644
--- a/packages/react/package.json
+++ b/packages/react/package.json
@@ -1,7 +1,7 @@
 {
   "name": "@carbon/react",
   "description": "React components for the Carbon Design System",
-  "version": "1.40.0-rc.0",
+  "version": "1.40.0",
   "license": "Apache-2.0",
   "main": "lib/index.js",
   "module": "es/index.js",
@@ -49,7 +49,7 @@
     "@carbon/feature-flags": "^0.16.0",
     "@carbon/icons-react": "^11.28.0",
     "@carbon/layout": "^11.19.0",
-    "@carbon/styles": "^1.40.0-rc.0",
+    "@carbon/styles": "^1.40.0",
     "@carbon/telemetry": "0.1.0",
     "classnames": "2.3.2",
     "copy-to-clipboard": "^3.3.1",
diff --git a/packages/styles/package.json b/packages/styles/package.json
index d53c4e98b452..38f4bb292ff8 100644
--- a/packages/styles/package.json
+++ b/packages/styles/package.json
@@ -1,7 +1,7 @@
 {
   "name": "@carbon/styles",
   "description": "Styles for the Carbon Design System",
-  "version": "1.40.0-rc.0",
+  "version": "1.40.0",
   "license": "Apache-2.0",
   "repository": {
     "type": "git",
diff --git a/www/package.json b/www/package.json
index 2fbec98b8dfb..f247b673b604 100644
--- a/www/package.json
+++ b/www/package.json
@@ -1,7 +1,7 @@
 {
   "name": "www",
   "private": true,
-  "version": "0.49.0-rc.0",
+  "version": "0.49.0",
   "license": "Apache-2.0",
   "repository": {
     "type": "git",
@@ -22,7 +22,7 @@
     "start": "next start"
   },
   "dependencies": {
-    "@carbon/react": "^1.40.0-rc.0",
+    "@carbon/react": "^1.40.0",
     "@octokit/core": "^4.0.0",
     "@octokit/plugin-retry": "^3.0.9",
     "@octokit/plugin-throttling": "^4.0.0",
diff --git a/yarn.lock b/yarn.lock
index 0ec51fff78fd..20004b64ba49 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2110,7 +2110,7 @@ __metadata:
   dependencies:
     "@carbon/icon-build-helpers": ^1.18.0
     "@carbon/icon-helpers": ^10.44.0
-    "@carbon/pictograms": ^12.24.0-rc.0
+    "@carbon/pictograms": ^12.24.0
     "@carbon/telemetry": 0.1.0
     prop-types: ^15.7.2
   peerDependencies:
@@ -2118,7 +2118,7 @@ __metadata:
   languageName: unknown
   linkType: soft
 
-"@carbon/pictograms@^12.24.0-rc.0, @carbon/pictograms@workspace:packages/pictograms":
+"@carbon/pictograms@^12.24.0, @carbon/pictograms@workspace:packages/pictograms":
   version: 0.0.0-use.local
   resolution: "@carbon/pictograms@workspace:packages/pictograms"
   dependencies:
@@ -2127,7 +2127,7 @@ __metadata:
   languageName: unknown
   linkType: soft
 
-"@carbon/react@^1.40.0-rc.0, @carbon/react@workspace:packages/react":
+"@carbon/react@^1.40.0, @carbon/react@workspace:packages/react":
   version: 0.0.0-use.local
   resolution: "@carbon/react@workspace:packages/react"
   dependencies:
@@ -2143,7 +2143,7 @@ __metadata:
     "@carbon/feature-flags": ^0.16.0
     "@carbon/icons-react": ^11.28.0
     "@carbon/layout": ^11.19.0
-    "@carbon/styles": ^1.40.0-rc.0
+    "@carbon/styles": ^1.40.0
     "@carbon/telemetry": 0.1.0
     "@carbon/test-utils": ^10.30.0
     "@carbon/themes": ^11.25.0
@@ -2225,7 +2225,7 @@ __metadata:
   languageName: unknown
   linkType: soft
 
-"@carbon/styles@^1.40.0-rc.0, @carbon/styles@workspace:packages/styles":
+"@carbon/styles@^1.40.0, @carbon/styles@workspace:packages/styles":
   version: 0.0.0-use.local
   resolution: "@carbon/styles@workspace:packages/styles"
   dependencies:
@@ -10770,8 +10770,8 @@ __metadata:
     "@babel/plugin-transform-react-constant-elements": ^7.17.12
     "@babel/preset-env": ^7.18.2
     "@babel/preset-react": ^7.17.12
-    "@carbon/react": ^1.40.0-rc.0
-    "@carbon/styles": ^1.40.0-rc.0
+    "@carbon/react": ^1.40.0
+    "@carbon/styles": ^1.40.0
     "@carbon/telemetry": 0.1.0
     "@carbon/test-utils": ^10.30.0
     "@rollup/plugin-babel": ^6.0.0
@@ -10810,7 +10810,7 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "carbon-components@workspace:packages/carbon-components"
   dependencies:
-    "@carbon/styles": ^1.40.0-rc.0
+    "@carbon/styles": ^1.40.0
     "@carbon/telemetry": 0.1.0
     "@carbon/test-utils": ^10.30.0
     chalk: 1.1.3
@@ -11174,7 +11174,7 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "class-prefix@workspace:examples/class-prefix"
   dependencies:
-    "@carbon/react": ^1.40.0-rc.0
+    "@carbon/react": ^1.40.0
     "@vitejs/plugin-react": 4.0.0
     react: ^18.2.0
     react-dom: ^18.2.0
@@ -11496,7 +11496,7 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "codesandbox-styles@workspace:examples/codesandbox-styles"
   dependencies:
-    "@carbon/styles": ^1.40.0-rc.0
+    "@carbon/styles": ^1.40.0
     sass: ^1.51.0
     vite: ^4.3.8
   languageName: unknown
@@ -11506,7 +11506,7 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "codesandbox-with-sass-compilation@workspace:examples/codesandbox-with-sass-compilation"
   dependencies:
-    "@carbon/react": ^1.40.0-rc.0
+    "@carbon/react": ^1.40.0
     react: ^18.2.0
     react-dom: ^18.2.0
     react-scripts: 5.0.0
@@ -11518,7 +11518,7 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "codesandbox@workspace:examples/codesandbox"
   dependencies:
-    "@carbon/react": ^1.40.0-rc.0
+    "@carbon/react": ^1.40.0
     react: ^18.2.0
     react-dom: ^18.2.0
     react-scripts: 5.0.0
@@ -12737,7 +12737,7 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "custom-theme@workspace:examples/custom-theme"
   dependencies:
-    "@carbon/react": ^1.40.0-rc.0
+    "@carbon/react": ^1.40.0
     "@vitejs/plugin-react": 4.0.0
     react: ^18.2.0
     react-dom: ^18.2.0
@@ -15064,7 +15064,7 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "examples-light-dark@workspace:examples/light-dark-mode"
   dependencies:
-    "@carbon/react": ^1.40.0-rc.0
+    "@carbon/react": ^1.40.0
     eslint: 8.40.0
     next: 12.1.4
     react: 18.2.0
@@ -15077,7 +15077,7 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "examples-nextjs@workspace:examples/nextjs"
   dependencies:
-    "@carbon/react": ^1.40.0-rc.0
+    "@carbon/react": ^1.40.0
     eslint: 8.40.0
     eslint-config-next: 13.4.7
     next: 13.4.7
@@ -17436,7 +17436,7 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "id-prefix@workspace:examples/id-prefix"
   dependencies:
-    "@carbon/react": ^1.40.0-rc.0
+    "@carbon/react": ^1.40.0
     "@vitejs/plugin-react": 4.0.0
     react: ^18.2.0
     react-dom: ^18.2.0
@@ -17573,7 +17573,7 @@ __metadata:
   resolution: "incremental-migration-vite@workspace:examples/incremental-migration-vite"
   dependencies:
     "@carbon/icons-react": ^10.49.0
-    "@carbon/react": ^1.40.0-rc.0
+    "@carbon/react": ^1.40.0
     "@vitejs/plugin-react": 4.0.0
     carbon-components: ^10.57.0
     carbon-components-react: ^7.57.0
@@ -31520,7 +31520,7 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "v10-token-compat-in-v11@workspace:examples/v10-token-compat-in-v11"
   dependencies:
-    "@carbon/react": ^1.40.0-rc.0
+    "@carbon/react": ^1.40.0
     "@vitejs/plugin-react": 4.0.0
     react: ^18.2.0
     react-dom: ^18.2.0
@@ -31824,7 +31824,7 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "vite@workspace:examples/vite"
   dependencies:
-    "@carbon/react": ^1.40.0-rc.0
+    "@carbon/react": ^1.40.0
     "@vitejs/plugin-react": 4.0.0
     react: ^18.2.0
     react-dom: ^18.2.0
@@ -32748,7 +32748,7 @@ __metadata:
   version: 0.0.0-use.local
   resolution: "www@workspace:www"
   dependencies:
-    "@carbon/react": ^1.40.0-rc.0
+    "@carbon/react": ^1.40.0
     "@octokit/core": ^4.0.0
     "@octokit/plugin-retry": ^3.0.9
     "@octokit/plugin-throttling": ^4.0.0