diff --git a/Doxygen b/Doxygen
index 2990c32f6..6db70620e 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         = 2022.12.0
+PROJECT_NUMBER         = 2022.12.1
 
 # 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 3d59ae4f7..7a948d6fb 100644
--- a/Makefile
+++ b/Makefile
@@ -1,5 +1,5 @@
 ESPHOME_PATH = ../esphome
-ESPHOME_REF = 2022.12.0
+ESPHOME_REF = 2022.12.1
 
 .PHONY: html html-strict cleanhtml deploy help live-html Makefile netlify netlify-api api netlify-dependencies svg2png copy-svg2png minify
 
diff --git a/_static/version b/_static/version
index cdf1917cc..57dbc704c 100644
--- a/_static/version
+++ b/_static/version
@@ -1 +1 @@
-2022.12.0
\ No newline at end of file
+2022.12.1
\ No newline at end of file
diff --git a/changelog/2022.12.0.rst b/changelog/2022.12.0.rst
index d10f7a009..63a8b7d2a 100644
--- a/changelog/2022.12.0.rst
+++ b/changelog/2022.12.0.rst
@@ -34,6 +34,12 @@ underlying flash partition table that ESPHome uses. OTA will work, but to fully
 of the performance increases for bluetooth, it is best to at least one serial flash with ESPHome
 2022.12.0 or later.
 
+Release 2022.12.1 - December 16
+-------------------------------
+
+- Support non-multiarch toolchains on 32-bit ARM :esphomepr:`4191` by :ghuser:`agners`
+- Mark ESP32-S2 as not having Bluetooth :esphomepr:`4194` by :ghuser:`jesserockz`
+- Fix i2s_audio media_player compiling for esp32-s2 :esphomepr:`4195` by :ghuser:`jesserockz`
 
 Full list of changes
 --------------------
diff --git a/conf.py b/conf.py
index eaff98434..9f3e90547 100644
--- a/conf.py
+++ b/conf.py
@@ -69,7 +69,7 @@ author = "ESPHome"
 # The short X.Y version.
 version = "2022.12"
 # The full version, including alpha/beta/rc tags.
-release = "2022.12.0"
+release = "2022.12.1"
 
 # 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 fa666eacb..1811da810 100644
--- a/guides/supporters.rst
+++ b/guides/supporters.rst
@@ -421,6 +421,7 @@ Contributors
 - `James Callaghan (@jcallaghan) <https://github.com/jcallaghan>`__
 - `Josh Willox (@jcwillox) <https://github.com/jcwillox>`__
 - `JeeCee1 (@JeeCee1) <https://github.com/JeeCee1>`__
+- `Jeef (@jeeftor) <https://github.com/jeeftor>`__
 - `jeff-h (@jeff-h) <https://github.com/jeff-h>`__
 - `Jeffrey Borg (@jeffborg) <https://github.com/jeffborg>`__
 - `Jeff Eberl (@jeffeb3) <https://github.com/jeffeb3>`__
@@ -531,7 +532,6 @@ Contributors
 - `Luke Fitzgerald (@lwfitzgerald) <https://github.com/lwfitzgerald>`__
 - `Lewis Juggins (@lwis) <https://github.com/lwis>`__
 - `Alex Peters (@Lx) <https://github.com/Lx>`__
-- `Michael Klamminger (@m1ch) <https://github.com/m1ch>`__
 - `M95D (@M95D) <https://github.com/M95D>`__
 - `maaadc (@maaadc) <https://github.com/maaadc>`__
 - `Marc-Antoine Courteau (@macourteau) <https://github.com/macourteau>`__
@@ -587,9 +587,7 @@ Contributors
 - `Martin Flasskamp (@MFlasskamp) <https://github.com/MFlasskamp>`__
 - `Michael Gorven (@mgorven) <https://github.com/mgorven>`__
 - `Michael Haas (@mhaas) <https://github.com/mhaas>`__
-- `Michaël Arnauts (@michaelarnauts) <https://github.com/michaelarnauts>`__
 - `Micha Nordmann (@Michanord) <https://github.com/Michanord>`__
-- `Midbin (@Midbin) <https://github.com/Midbin>`__
 - `Pauline Middelink (@middelink) <https://github.com/middelink>`__
 - `Mikko Tervala (@MikkoTervala) <https://github.com/MikkoTervala>`__
 - `MiKuBB (@MiKuBB) <https://github.com/MiKuBB>`__
@@ -603,7 +601,6 @@ Contributors
 - `mknjc (@mknjc) <https://github.com/mknjc>`__
 - `Maurice Makaay (@mmakaay) <https://github.com/mmakaay>`__
 - `mmanza (@mmanza) <https://github.com/mmanza>`__
-- `Michael Nieß (@mniess) <https://github.com/mniess>`__
 - `mnltake (@mnltake) <https://github.com/mnltake>`__
 - `Matt N. (@mnoorenberghe) <https://github.com/mnoorenberghe>`__
 - `Moritz Glöckl (@moritzgloeckl) <https://github.com/moritzgloeckl>`__
@@ -806,6 +803,7 @@ Contributors
 - `Ryan Hoffman (@tekmaven) <https://github.com/tekmaven>`__
 - `testbughub (@testbughub) <https://github.com/testbughub>`__
 - `Greg Lincoln (@tetious) <https://github.com/tetious>`__
+- `Nejc (@thedexboy) <https://github.com/thedexboy>`__
 - `Thomas Eckerstorfer (@TheEggi) <https://github.com/TheEggi>`__
 - `Theexternaldisk (@Theexternaldisk) <https://github.com/Theexternaldisk>`__
 - `TheGroundZero (@TheGroundZero) <https://github.com/TheGroundZero>`__
@@ -861,6 +859,7 @@ Contributors
 - `Nad (@valordk) <https://github.com/valordk>`__
 - `André Lademann (@vergissberlin) <https://github.com/vergissberlin>`__
 - `Víctor Ferrer García (@vicfergar) <https://github.com/vicfergar>`__
+- `Austin (@vidplace7) <https://github.com/vidplace7>`__
 - `Vincèn (@vincegre) <https://github.com/vincegre>`__
 - `VitaliyKurokhtin (@VitaliyKurokhtin) <https://github.com/VitaliyKurokhtin>`__
 - `Xuming Feng (@voicevon) <https://github.com/voicevon>`__
@@ -904,4 +903,4 @@ Contributors
 - `Zack Barett (@zsarnett) <https://github.com/zsarnett>`__
 - `Christian Zufferey (@zuzu59) <https://github.com/zuzu59>`__
 
-*This page was last updated December 14, 2022.*
+*This page was last updated December 16, 2022.*