diff --git a/Doxygen b/Doxygen
index eb7cda84a..2cee50b72 100644
--- a/Doxygen
+++ b/Doxygen
@@ -38,7 +38,7 @@ PROJECT_NAME           = "ESPHome"
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 2024.12.2
+PROJECT_NUMBER         = 2024.12.3
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a
diff --git a/Makefile b/Makefile
index 60539855c..b7a82e2bd 100644
--- a/Makefile
+++ b/Makefile
@@ -1,5 +1,5 @@
 ESPHOME_PATH = ../esphome
-ESPHOME_REF = 2024.12.2
+ESPHOME_REF = 2024.12.3
 PAGEFIND_VERSION=1.1.1
 PAGEFIND=pagefind
 NET_PAGEFIND=../pagefindbin/pagefind
diff --git a/_static/version b/_static/version
index f36eb7f60..a10ce8c74 100644
--- a/_static/version
+++ b/_static/version
@@ -1 +1 @@
-2024.12.2
\ No newline at end of file
+2024.12.3
\ No newline at end of file
diff --git a/changelog/2024.12.0.rst b/changelog/2024.12.0.rst
index e639d714f..825a8495d 100644
--- a/changelog/2024.12.0.rst
+++ b/changelog/2024.12.0.rst
@@ -40,16 +40,24 @@ This is due to both waning support as it relates to tooling and performance reas
 more modern architecture, especially if you're using the ESPHome Device Compiler to build/compile firmware for your
 devices.
 
+Release 2024.12.1 - December 19
+-------------------------------
+
+- [core] Bugfix: Implement ring buffer with xRingbuffer :esphomepr:`7973` by :ghuser:`kahrendt`
+
+
 Release 2024.12.2 - December 20
 -------------------------------
 
 - [esp32] Fix flash size warning when using IDF :esphomepr:`7983` by :ghuser:`kbx81`
 - [esp32_ble] Fix for Improv :esphomepr:`7984` by :ghuser:`kbx81`
 
-Release 2024.12.1 - December 19
--------------------------------
 
-- [core] Bugfix: Implement ring buffer with xRingbuffer :esphomepr:`7973` by :ghuser:`kahrendt`
+Release 2024.12.3 - January 17
+------------------------------
+
+- Fixed libretiny preference wrongly detecting change in the data to store :esphomepr:`7990` by :ghuser:`szupi-ipuzs`
+- [http_request] Bugfix: run update function in a task :esphomepr:`8018` by :ghuser:`kahrendt`
 
 
 Full list of changes
diff --git a/conf.py b/conf.py
index 2866cdf2a..c6edfaf48 100644
--- a/conf.py
+++ b/conf.py
@@ -73,7 +73,7 @@ author = "ESPHome"
 # The short X.Y version.
 version = "2024.12"
 # The full version, including alpha/beta/rc tags.
-release = "2024.12.2"
+release = "2024.12.3"
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/guides/supporters.rst b/guides/supporters.rst
index 810fc5fdb..9460a9ad9 100644
--- a/guides/supporters.rst
+++ b/guides/supporters.rst
@@ -233,6 +233,7 @@ Contributors
 - `bigwoof (@bigwoof) <https://github.com/bigwoof>`__
 - `Bill Church (@billchurch) <https://github.com/billchurch>`__
 - `bisbastuner (@bisbastuner) <https://github.com/bisbastuner>`__
+- `Ryan Henderson (@bitflippersanonymous) <https://github.com/bitflippersanonymous>`__
 - `Brian Kaufman (@bkaufx) <https://github.com/bkaufx>`__
 - `JDavid (@blackhack) <https://github.com/blackhack>`__
 - `Paul Blacknell (@blacknell) <https://github.com/blacknell>`__
@@ -279,6 +280,7 @@ Contributors
 - `brtchip-tuannguyen (@brtchip-tuannguyen) <https://github.com/brtchip-tuannguyen>`__
 - `Vaclav (@bruxy70) <https://github.com/bruxy70>`__
 - `buddydvd (@buddydvd) <https://github.com/buddydvd>`__
+- `JB BUGEAUD (@bugeaud) <https://github.com/bugeaud>`__
 - `bulburDE (@bulburDE) <https://github.com/bulburDE>`__
 - `Justin Bunton (@Bunton33) <https://github.com/Bunton33>`__
 - `Matt Burke (@burkemw3) <https://github.com/burkemw3>`__
@@ -295,6 +297,7 @@ Contributors
 - `Cal Howard (@calhoward) <https://github.com/calhoward>`__
 - `callacomp (@callacomp) <https://github.com/callacomp>`__
 - `Callum Gare (@callumgare) <https://github.com/callumgare>`__
+- `Cameron Waldron (@CamW) <https://github.com/CamW>`__
 - `Carlos Gustavo Sarmiento (@carlos-sarmiento) <https://github.com/carlos-sarmiento>`__
 - `Carlos Garcia Saura (@CarlosGS) <https://github.com/CarlosGS>`__
 - `Carlos Ruiz (@CarlosRDomin) <https://github.com/CarlosRDomin>`__
@@ -345,6 +348,7 @@ Contributors
 - `John (@CircuitSetup) <https://github.com/CircuitSetup>`__
 - `Colby Rome (@cisasteelersfan) <https://github.com/cisasteelersfan>`__
 - `Chris Debenham (@cjd) <https://github.com/cjd>`__
+- `CladZo91 (@CladZo91) <https://github.com/CladZo91>`__
 - `Clark Minor (@clarkminor) <https://github.com/clarkminor>`__
 - `Yanik G (@clonyara) <https://github.com/clonyara>`__
 - `Chester (@clowrey) <https://github.com/clowrey>`__
@@ -427,6 +431,7 @@ Contributors
 - `danlimlu (@danlimlu) <https://github.com/danlimlu>`__
 - `Dan (@DanPlayz0) <https://github.com/DanPlayz0>`__
 - `Dariusz Dalecki (@darianndd) <https://github.com/darianndd>`__
+- `Jakub Darmach (@darmach) <https://github.com/darmach>`__
 - `Chris (@darthsebulba04) <https://github.com/darthsebulba04>`__
 - `Dan Gentry (@dashdrum) <https://github.com/dashdrum>`__
 - `Aliasghar Dashkhaneh (@dashkhaneh) <https://github.com/dashkhaneh>`__
@@ -454,6 +459,7 @@ Contributors
 - `Darren Tucker (@daztucker) <https://github.com/daztucker>`__
 - `Donovan Baarda (@dbaarda) <https://github.com/dbaarda>`__
 - `David Buezas (@dbuezas) <https://github.com/dbuezas>`__
+- `dcgrove (@dcgrove) <https://github.com/dcgrove>`__
 - `dckiller51 (@dckiller51) <https://github.com/dckiller51>`__
 - `Daniel Correa Lobato (@dclobato) <https://github.com/dclobato>`__
 - `Dion Hulse (@dd32) <https://github.com/dd32>`__
@@ -715,6 +721,7 @@ Contributors
 - `git2212 (@git2212) <https://github.com/git2212>`__
 - `GitforZhangXL (@GitforZhangXL) <https://github.com/GitforZhangXL>`__
 - `github-actions[bot] (@github-actions[bot]) <https://github.com/github-actions[bot]>`__
+- `Daniel Kenzelmann (@github-k8n) <https://github.com/github-k8n>`__
 - `GitJRS (@GitJRS) <https://github.com/GitJRS>`__
 - `gitolicious (@gitolicious) <https://github.com/gitolicious>`__
 - `The Gitter Badger (@gitter-badger) <https://github.com/gitter-badger>`__
@@ -792,6 +799,7 @@ Contributors
 - `hindenbugbite (@hindenbugbite) <https://github.com/hindenbugbite>`__
 - `Henrik Fransson (@hmfhmf) <https://github.com/hmfhmf>`__
 - `Hamish Moffatt (@hmoffatt) <https://github.com/hmoffatt>`__
+- `Hajo Noerenberg (@hn) <https://github.com/hn>`__
 - `Hobby Components (@HobbyComponents) <https://github.com/HobbyComponents>`__
 - `Marcel Hoppe (@hobbypunk90) <https://github.com/hobbypunk90>`__
 - `Sebastian Raff (@hobbyquaker) <https://github.com/hobbyquaker>`__
@@ -849,6 +857,7 @@ Contributors
 - `Ivan Kravets (@ivankravets) <https://github.com/ivankravets>`__
 - `Ivan Lisenkov (@ivlis) <https://github.com/ivlis>`__
 - `Ivo-tje (@Ivo-tje) <https://github.com/Ivo-tje>`__
+- `Jouni Paulus (@j-paulus) <https://github.com/j-paulus>`__
 - `J0RD4N300 (@J0RD4N300) <https://github.com/J0RD4N300>`__
 - `jacobswe (@jacobswe) <https://github.com/jacobswe>`__
 - `Fredrik Gustafsson (@jagheterfredrik) <https://github.com/jagheterfredrik>`__
@@ -870,6 +879,7 @@ Contributors
 - `Juraj Andrássy (@JAndrassy) <https://github.com/JAndrassy>`__
 - `Delio Castillo (@jangeador) <https://github.com/jangeador>`__
 - `Jan Grewe (@jangrewe) <https://github.com/jangrewe>`__
+- `Janick Bergeron (@janick) <https://github.com/janick>`__
 - `Jan (@janlindblom) <https://github.com/janlindblom>`__
 - `János Rusiczki (@janosrusiczki) <https://github.com/janosrusiczki>`__
 - `Jan Pieper (@janpieper) <https://github.com/janpieper>`__
@@ -1041,6 +1051,7 @@ Contributors
 - `korellas (@korellas) <https://github.com/korellas>`__
 - `Kevin Pelzel (@kpelzel) <https://github.com/kpelzel>`__
 - `Kevin P. Fleming (@kpfleming) <https://github.com/kpfleming>`__
+- `Kali Prasad (@kprasadvnsi) <https://github.com/kprasadvnsi>`__
 - `Karl Q. (@kquinsland) <https://github.com/kquinsland>`__
 - `krahabb (@krahabb) <https://github.com/krahabb>`__
 - `Anandha Saravanan (@KratosMr) <https://github.com/KratosMr>`__
@@ -1528,6 +1539,7 @@ Contributors
 - `Leandro Puerari (@puerari) <https://github.com/puerari>`__
 - `puuu (@puuu) <https://github.com/puuu>`__
 - `Pascal Vizeli (@pvizeli) <https://github.com/pvizeli>`__
+- `Pwedge (@Pwedge) <https://github.com/Pwedge>`__
 - `Alex (@pxe-la) <https://github.com/pxe-la>`__
 - `Pietro (@PxPert) <https://github.com/PxPert>`__
 - `[pʲɵs] (@pyos) <https://github.com/pyos>`__
@@ -1645,6 +1657,7 @@ Contributors
 - `rwilson131 (@rwilson131) <https://github.com/rwilson131>`__
 - `Ryan Lang (@ryan-lang) <https://github.com/ryan-lang>`__
 - `ryanalden (@ryanalden) <https://github.com/ryanalden>`__
+- `Ryan Kulp (@ryanckulp) <https://github.com/ryanckulp>`__
 - `Ryan Nazaretian (@ryannazaretian) <https://github.com/ryannazaretian>`__
 - `ryansmigley (@ryansmigley) <https://github.com/ryansmigley>`__
 - `Lukas Bachschwell (@s00500) <https://github.com/s00500>`__
@@ -1669,6 +1682,7 @@ Contributors
 - `Lukas Schulte (@Schluggi) <https://github.com/Schluggi>`__
 - `Nils Schulte (@Schnilz) <https://github.com/Schnilz>`__
 - `Wolle (@schreibfaul1) <https://github.com/schreibfaul1>`__
+- `Arne Schwabe (@schwabe) <https://github.com/schwabe>`__
 - `MSchwarzbach (@schwarzbach) <https://github.com/schwarzbach>`__
 - `Scobber (@Scobber) <https://github.com/Scobber>`__
 - `Ville Skyttä (@scop) <https://github.com/scop>`__
@@ -1755,6 +1769,7 @@ Contributors
 - `Stas (@stas-sl) <https://github.com/stas-sl>`__
 - `Stefan (@stefanroelofs) <https://github.com/stefanroelofs>`__
 - `stegm (@stegm) <https://github.com/stegm>`__
+- `Katherine Whitlock (@stellar-aria) <https://github.com/stellar-aria>`__
 - `Stephen Papierski (@stephenpapierski) <https://github.com/stephenpapierski>`__
 - `Stephen Armitage (@stevearmitage) <https://github.com/stevearmitage>`__
 - `Steve Baxter (@stevebaxter) <https://github.com/stevebaxter>`__
@@ -1931,6 +1946,7 @@ Contributors
 - `UT2UH (@UT2UH) <https://github.com/UT2UH>`__
 - `Pavel Uvarov (@uvvpavel) <https://github.com/uvvpavel>`__
 - `Vlad Yarotsky (@v-yarotsky) <https://github.com/v-yarotsky>`__
+- `V1d1o7 (@V1d1o7) <https://github.com/V1d1o7>`__
 - `Vc (@Valcob) <https://github.com/Valcob>`__
 - `Nad (@valordk) <https://github.com/valordk>`__
 - `Vicent Climent (@vcliment89) <https://github.com/vcliment89>`__
@@ -2044,4 +2060,4 @@ Contributors
 - `Christian Zufferey (@zuzu59) <https://github.com/zuzu59>`__
 - `Zynth-dev (@Zynth-dev) <https://github.com/Zynth-dev>`__
 
-*This page was last updated December 20, 2024.*
+*This page was last updated January 17, 2025.*