diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 7fd8c7d8f..83a949058 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    "hugr-py": "0.11.2"
+    "hugr-py": "0.11.3"
 }
diff --git a/hugr-py/CHANGELOG.md b/hugr-py/CHANGELOG.md
index c0f905f01..dbb6e5cb4 100644
--- a/hugr-py/CHANGELOG.md
+++ b/hugr-py/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [0.11.3](https://github.com/CQCL/hugr/compare/hugr-py-v0.11.2...hugr-py-v0.11.3) (2025-03-21)
+
+
+### Bug Fixes
+
+* Don't enable envelope compression by default (yet) ([#2014](https://github.com/CQCL/hugr/issues/2014)) ([c5423ed](https://github.com/CQCL/hugr/commit/c5423edf6a4650a6222df08b5c5fb13529b5ef9f))
+
 ## [0.11.2](https://github.com/CQCL/hugr/compare/hugr-py-v0.11.1...hugr-py-v0.11.2) (2025-03-21)
 
 
diff --git a/hugr-py/pyproject.toml b/hugr-py/pyproject.toml
index bb4538abb..d67e71426 100644
--- a/hugr-py/pyproject.toml
+++ b/hugr-py/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "hugr"
-version = "0.11.2"
+version = "0.11.3"
 requires-python = ">=3.10,<3.14"
 description = "Quantinuum's common representation for quantum programs"
 license = { file = "LICENCE" }
diff --git a/hugr-py/src/hugr/__init__.py b/hugr-py/src/hugr/__init__.py
index 71a2f563c..f20e447e6 100644
--- a/hugr-py/src/hugr/__init__.py
+++ b/hugr-py/src/hugr/__init__.py
@@ -16,4 +16,4 @@
 
 # This is updated by our release-please workflow, triggered by this
 # annotation: x-release-please-version
-__version__ = "0.11.2"
+__version__ = "0.11.3"
diff --git a/uv.lock b/uv.lock
index 36e1218ab..67db57659 100644
--- a/uv.lock
+++ b/uv.lock
@@ -275,7 +275,7 @@ wheels = [
 
 [[package]]
 name = "hugr"
-version = "0.11.2"
+version = "0.11.3"
 source = { editable = "hugr-py" }
 dependencies = [
     { name = "graphviz" },