diff --git a/.changeset/breadcrumbs-measure-whole-crumb.md b/.changeset/breadcrumbs-measure-whole-crumb.md
deleted file mode 100644
index a51df97d18a..00000000000
--- a/.changeset/breadcrumbs-measure-whole-crumb.md
+++ /dev/null
@@ -1,5 +0,0 @@
----
-'@primer/react': patch
----
-
-Breadcrumbs: Collapse crumbs that render more than one element (such as a link with a sibling button) when they no longer fit, instead of overflowing the container.
diff --git a/.changeset/breadcrumbs-overflow-performance.md b/.changeset/breadcrumbs-overflow-performance.md
deleted file mode 100644
index 278aefea7ef..00000000000
--- a/.changeset/breadcrumbs-overflow-performance.md
+++ /dev/null
@@ -1,5 +0,0 @@
----
-'@primer/react': patch
----
-
-Breadcrumbs: Improve the performance of `overflow="menu"` and `"menu-with-root"` on mount, resize and navigation. Server-rendered markup now applies the collapse rules before hydration, and the overflow menu trigger is a `<button>`.
diff --git a/.changeset/card-adoption-feedback.md b/.changeset/card-adoption-feedback.md
deleted file mode 100644
index a5b70e7c1f5..00000000000
--- a/.changeset/card-adoption-feedback.md
+++ /dev/null
@@ -1,5 +0,0 @@
----
-'@primer/react': minor
----
-
-Card: Add optional shadows, regular (16px) and spacious (24px) padding in either layout, and heading links and buttons with opt-in full-card hit areas using fullCardHitArea. Existing normal padding and defaults are unchanged.
diff --git a/.changeset/card-flexible-layout.md b/.changeset/card-flexible-layout.md
deleted file mode 100644
index 2d31e040d9c..00000000000
--- a/.changeset/card-flexible-layout.md
+++ /dev/null
@@ -1,5 +0,0 @@
----
-'@primer/react': patch
----
-
-Card: Improve shrinking and equal-height layouts, keep secondary controls accessible in custom whole-card compositions, and keep images edge-to-edge across padding options.
diff --git a/.changeset/fix-breadcrumbs-escape.md b/.changeset/fix-breadcrumbs-escape.md
deleted file mode 100644
index f63e4f1bafc..00000000000
--- a/.changeset/fix-breadcrumbs-escape.md
+++ /dev/null
@@ -1,5 +0,0 @@
----
-'@primer/react': patch
----
-
-Breadcrumbs: Close the overflow menu when Escape is pressed while its tooltip is open.
diff --git a/.changeset/skeleton-avatar-style-precedence.md b/.changeset/skeleton-avatar-style-precedence.md
deleted file mode 100644
index 72a5cc55691..00000000000
--- a/.changeset/skeleton-avatar-style-precedence.md
+++ /dev/null
@@ -1,5 +0,0 @@
----
-'@primer/react': patch
----
-
-SkeletonAvatar, SkeletonText: Preserve the requested size and shape regardless of stylesheet load order
diff --git a/.changeset/skeleton-shimmer-compositor.md b/.changeset/skeleton-shimmer-compositor.md
deleted file mode 100644
index 5c4377bd7bf..00000000000
--- a/.changeset/skeleton-shimmer-compositor.md
+++ /dev/null
@@ -1,5 +0,0 @@
----
-'@primer/react': patch
----
-
-SkeletonBox, SkeletonText, SkeletonAvatar, ProgressBar: Run the loading shimmer animation on the compositor to reduce main-thread work while skeletons are visible
diff --git a/.changeset/stable-event-hook-callbacks.md b/.changeset/stable-event-hook-callbacks.md
deleted file mode 100644
index 1bf005ca896..00000000000
--- a/.changeset/stable-event-hook-callbacks.md
+++ /dev/null
@@ -1,5 +0,0 @@
----
-'@primer/react': patch
----
-
-useOnEscapePress, useOnOutsideClick: Improve performance when callbacks change between renders.
diff --git a/.changeset/stable-link-item-subtree.md b/.changeset/stable-link-item-subtree.md
deleted file mode 100644
index f489ddc8e83..00000000000
--- a/.changeset/stable-link-item-subtree.md
+++ /dev/null
@@ -1,5 +0,0 @@
----
-'@primer/react': patch
----
-
-ActionList.LinkItem, NavList.Item: Preserve keyboard focus and running child animations when links rerender.
diff --git a/.changeset/stack-balanced-wrap.md b/.changeset/stack-balanced-wrap.md
deleted file mode 100644
index 80e6129c089..00000000000
--- a/.changeset/stack-balanced-wrap.md
+++ /dev/null
@@ -1,5 +0,0 @@
----
-'@primer/react': minor
----
-
-Stack: Add `balance` as a value for the `wrap` prop.
diff --git a/.changeset/treeview-hydration-cost.md b/.changeset/treeview-hydration-cost.md
deleted file mode 100644
index 9d461d1340a..00000000000
--- a/.changeset/treeview-hydration-cost.md
+++ /dev/null
@@ -1,5 +0,0 @@
----
-'@primer/react': patch
----
-
-TreeView: Reduce mount and hydration cost for large trees. Server-rendered trees now have a single tab stop and named subtrees before hydration.
diff --git a/examples/codesandbox/package.json b/examples/codesandbox/package.json
index 4fe81c14949..66410bea4eb 100644
--- a/examples/codesandbox/package.json
+++ b/examples/codesandbox/package.json
@@ -14,7 +14,7 @@
     "react-dom": "^18.3.1"
   },
   "devDependencies": {
-    "@primer/react": "38.45.0",
+    "@primer/react": "38.46.0",
     "@primer/styled-react": "1.1.1",
     "@types/react": "^18.3.11",
     "@types/react-dom": "^18.3.0",
diff --git a/examples/nextjs/package.json b/examples/nextjs/package.json
index 91dfc1c5edd..5e20648b174 100644
--- a/examples/nextjs/package.json
+++ b/examples/nextjs/package.json
@@ -10,7 +10,7 @@
     "type-check": "tsc --noEmit"
   },
   "dependencies": {
-    "@primer/react": "38.45.0",
+    "@primer/react": "38.46.0",
     "@primer/styled-react": "1.1.1",
     "next": "^16.4.3",
     "react": "^19.2.8",
diff --git a/examples/theming/package.json b/examples/theming/package.json
index 1a06b01794b..f0d2bae49f9 100644
--- a/examples/theming/package.json
+++ b/examples/theming/package.json
@@ -11,7 +11,7 @@
   },
   "dependencies": {
     "@primer/octicons-react": "^19.28.1",
-    "@primer/react": "38.45.0",
+    "@primer/react": "38.46.0",
     "clsx": "^2.1.1",
     "next": "^16.4.3",
     "react": "^19.2.8",
diff --git a/packages/react/CHANGELOG.md b/packages/react/CHANGELOG.md
index d3b1b0237d3..bed0985750a 100644
--- a/packages/react/CHANGELOG.md
+++ b/packages/react/CHANGELOG.md
@@ -1,5 +1,33 @@
 # @primer/react
 
+## 38.46.0
+
+### Minor Changes
+
+- [#8592](https://github.com/primer/react/pull/8592) [`0ae18d3`](https://github.com/primer/react/commit/0ae18d38f09044c40c1a181288c2783e93629b4e) Thanks [@liuliu-dev](https://github.com/liuliu-dev)! - Card: Add optional shadows, regular (16px) and spacious (24px) padding in either layout, and heading links and buttons with opt-in full-card hit areas using fullCardHitArea. Existing normal padding and defaults are unchanged.
+
+- [#8692](https://github.com/primer/react/pull/8692) [`918d7cf`](https://github.com/primer/react/commit/918d7cf82d3884ab134e9b074e0a595198a1c033) Thanks [@copilot-swe-agent](https://github.com/apps/copilot-swe-agent)! - Stack: Add `balance` as a value for the `wrap` prop.
+
+### Patch Changes
+
+- [#8748](https://github.com/primer/react/pull/8748) [`324b0aa`](https://github.com/primer/react/commit/324b0aa0f1e4cc12c61a8a36b5790357e428dccc) Thanks [@mattcosta7](https://github.com/mattcosta7)! - Breadcrumbs: Collapse crumbs that render more than one element (such as a link with a sibling button) when they no longer fit, instead of overflowing the container.
+
+- [#8683](https://github.com/primer/react/pull/8683) [`32d5061`](https://github.com/primer/react/commit/32d50618c58cceddf66d83716ac9742c2134b790) Thanks [@mattcosta7](https://github.com/mattcosta7)! - Breadcrumbs: Improve the performance of `overflow="menu"` and `"menu-with-root"` on mount, resize and navigation. Server-rendered markup now applies the collapse rules before hydration, and the overflow menu trigger is a `<button>`.
+
+- [#8592](https://github.com/primer/react/pull/8592) [`0ae18d3`](https://github.com/primer/react/commit/0ae18d38f09044c40c1a181288c2783e93629b4e) Thanks [@liuliu-dev](https://github.com/liuliu-dev)! - Card: Improve shrinking and equal-height layouts, keep secondary controls accessible in custom whole-card compositions, and keep images edge-to-edge across padding options.
+
+- [#8679](https://github.com/primer/react/pull/8679) [`dbf2ac1`](https://github.com/primer/react/commit/dbf2ac1d758a0aae69f37ad1bd789480ce58ff4c) Thanks [@llastflowers](https://github.com/llastflowers)! - Breadcrumbs: Close the overflow menu when Escape is pressed while its tooltip is open.
+
+- [#8628](https://github.com/primer/react/pull/8628) [`41f29c8`](https://github.com/primer/react/commit/41f29c845663936043618af29dcb71de4c9384b2) Thanks [@joshblack](https://github.com/joshblack)! - SkeletonAvatar, SkeletonText: Preserve the requested size and shape regardless of stylesheet load order
+
+- [#8681](https://github.com/primer/react/pull/8681) [`8a9013e`](https://github.com/primer/react/commit/8a9013ea48359ad60a60e194783c865c08d3b7db) Thanks [@mattcosta7](https://github.com/mattcosta7)! - SkeletonBox, SkeletonText, SkeletonAvatar, ProgressBar: Run the loading shimmer animation on the compositor to reduce main-thread work while skeletons are visible
+
+- [#8562](https://github.com/primer/react/pull/8562) [`ee46232`](https://github.com/primer/react/commit/ee46232fafa24701415b21eed60cca68e589cf1c) Thanks [@joshblack](https://github.com/joshblack)! - useOnEscapePress, useOnOutsideClick: Improve performance when callbacks change between renders.
+
+- [#8609](https://github.com/primer/react/pull/8609) [`da90227`](https://github.com/primer/react/commit/da9022741a8109195480d7e6ccdf80cd723d6199) Thanks [@tay1orjones](https://github.com/tay1orjones)! - ActionList.LinkItem, NavList.Item: Preserve keyboard focus and running child animations when links rerender.
+
+- [#8684](https://github.com/primer/react/pull/8684) [`35ff497`](https://github.com/primer/react/commit/35ff4972b1d62810df69f606c6785bc7f123d5d5) Thanks [@mattcosta7](https://github.com/mattcosta7)! - TreeView: Reduce mount and hydration cost for large trees. Server-rendered trees now have a single tab stop and named subtrees before hydration.
+
 ## 38.45.0
 
 ### Minor Changes
diff --git a/packages/react/package.json b/packages/react/package.json
index ab25da989d4..781754b5bd0 100644
--- a/packages/react/package.json
+++ b/packages/react/package.json
@@ -1,7 +1,7 @@
 {
   "name": "@primer/react",
   "type": "module",
-  "version": "38.45.0",
+  "version": "38.46.0",
   "description": "An implementation of GitHub's Primer Design System using React",
   "main": "./dist/index.js",
   "module": "./dist/index.js",