diff --git a/nbdkit.spec b/nbdkit.spec
index 19ad1d3..842c69a 100644
--- a/nbdkit.spec
+++ b/nbdkit.spec
@@ -54,8 +54,8 @@
 %global source_directory 1.48-stable
 
 Name:           nbdkit
-Version:        1.48.0
-Release:        6%{?dist}
+Version:        1.48.1
+Release:        1%{?dist}
 Summary:        NBD server
 
 License:        BSD-3-Clause
@@ -1586,6 +1586,9 @@ fi
 
 
 %changelog
+* Sat Aug 29 2026 Richard W.M. Jones <rjones@redhat.com> - 1.48.1-1
+- New upstream stable version 1.48.1
+
 * Tue Aug 11 2026 Richard W.M. Jones <rjones@redhat.com> - 1.48.0-6
 - Rebuild for libnfs SONAME 16 -> 17
 
diff --git a/sources b/sources
index 11a3bb7..9621592 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-SHA512 (nbdkit-1.48.0.tar.gz) = 8e74851cb89504dee12e5d8f75adbd9b2e2164f593173a9c4ced6a5c1e120e606a5ca60308a1f933bbeb1ee2d5ce78da66bac793af6c47a6accf0186bb6694e6
-SHA512 (nbdkit-1.48.0.tar.gz.sig) = 673ec38d5f6cb00a03196251e79f5aff04b3d6063bcac74af511c1c63da5aafc1b7a6456006d9f67f7e54521d36a699cf7181447dfd45e62cbc2ed778c1e0ff7
+SHA512 (nbdkit-1.48.1.tar.gz) = ddbb60f1d39fe7e65c4909c42df8b802d87fc23858572630b3e3c9c8d5d9b88ff56bb832881dff61c3b999ebfd812b897b0278685a7865abf9a8d7c5ca797cd9
+SHA512 (nbdkit-1.48.1.tar.gz.sig) = ff550723d8fea66a5b24a526a8c2482536fd56b1a405e6f58ebdf20e534c005e2e2799f95802bbfb823d69a429185839821eeb5a1264b554a52cf0b4b47235d1