diff --git a/CHANGELOG.md b/CHANGELOG.md
index fc26536..1ea2e72 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,10 @@
 # Changelog
 
 
+# 1.12.42
+:new: What's new:
+- Update IQS version
+
 # 1.12.41
 :new: What's new:
 - Update IQS params
diff --git a/charts/lakefs/Chart.yaml b/charts/lakefs/Chart.yaml
index 7fa9ad9..1e720bd 100644
--- a/charts/lakefs/Chart.yaml
+++ b/charts/lakefs/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v2
 name: lakefs
 description: A Helm chart for running LakeFS on Kubernetes
 type: application
-version: 1.12.41
+version: 1.12.42
 appVersion: 1.113.1
 home: https://lakefs.io
 icon: https://lakefs.io/wp-content/uploads/2020/07/lake-fs-color-2.svg
diff --git a/charts/lakefs/README.md b/charts/lakefs/README.md
index eaa83bf..262d215 100644
--- a/charts/lakefs/README.md
+++ b/charts/lakefs/README.md
@@ -160,7 +160,7 @@ helm upgrade -f my-values.yaml my-lakefs lakefs/lakefs --set kv_upgrade=true
 | `iqs.resultsStorageId`                | Blockstore id for `iqs.resultsLocation` (`iceberg_query.results_storage_id`), for multi-blockstore setups.                                                                                                                                                                   |                                     |
 | `iqs.podSecurityContext` / `iqs.securityContext` | Pod-level / container-level security context for IQS                                                                                                                                                                                                                  | `{}`                                |
 | `iqs.resources`                       | IQS resource requests & limits. The memory limit also caps DuckDB's memory use.                                                                                                                                                                                                       | requests `500m`/`1Gi`, limit memory `2Gi` |
-| `iqs.image.repository` / `iqs.image.tag` | IQS image                                                                                                                                                                                                                                                                        | `treeverse/lakefs-iqs` / `0.1.0` |
+| `iqs.image.repository` / `iqs.image.tag` | IQS image                                                                                                                                                                                                                                                                        | `treeverse/lakefs-iqs` / `0.1.1` |
 | `iqs.replicaCount`                    | Number of IQS pods                                                                                                                                                                                                                                                                   | `1`                                 |
 | `iqs.extraEnvVars` / `iqs.extraEnvVarsSecret` | Extra env vars for IQS (`IQS_*` configure the service, e.g. `IQS_LOGGING_LEVEL`)                                                                                                                                                                                  |                                     |
 | `secrets.iqsToken`                    | Bearer token shared by the lakeFS server and IQS. Required when `iqs.enabled` (ignored when existingSecret is set)                                                                                                                                                                    |                                     |
diff --git a/charts/lakefs/values.yaml b/charts/lakefs/values.yaml
index 45e2007..1269ae0 100644
--- a/charts/lakefs/values.yaml
+++ b/charts/lakefs/values.yaml
@@ -183,7 +183,7 @@ iqs:
   replicaCount: 1
   image:
     repository: treeverse/lakefs-iqs
-    tag: "0.1.0"
+    tag: "0.1.1"
     pullPolicy: IfNotPresent
   args:
     - run