diff --git a/CHANGELOG.md b/CHANGELOG.md
index df8b179c..9e1164df 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,8 @@
+# 5.0.3 (2025-02-24)
+
+- Package import now uses `importlib.metadata` to get the version and throws `PackageNotFoundError` if the package is not
+  installed.
+
 # 5.0.2 (2025-01-14)
 
 - `gql` requirement is now `3.6.0b2`
diff --git a/pyproject.toml b/pyproject.toml
index b47751e8..bdadfd05 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,7 +1,7 @@
 [tool.poetry]
 
 name = "python_anvil"
-version = "5.0.2"
+version = "5.0.3"
 description = "Anvil API"
 license = "MIT"
 authors = ["Anvil Foundry Inc. <developers@useanvil.com>"]
diff --git a/python_anvil/__init__.py b/python_anvil/__init__.py
index 544dc33a..af4e34e7 100644
--- a/python_anvil/__init__.py
+++ b/python_anvil/__init__.py
@@ -1,12 +1,12 @@
-from pkg_resources import DistributionNotFound, get_distribution
+from importlib.metadata import PackageNotFoundError, version
 
 from python_anvil import api, cli
 from python_anvil.models import FileCompatibleBaseModel
 
 
 try:
-    __version__ = get_distribution('python_anvil').version
-except DistributionNotFound:
+    __version__ = version('python_anvil')
+except PackageNotFoundError:
     __version__ = '(local)'
 
 __all__ = ['api', 'cli', 'FileCompatibleBaseModel']