Davidson described voicing Mirage as " Jim Carrey's The Mask meets Bugs Bunny", due to his rebellious personality. On May 18, 2023, the song "On My Soul", composed by Tobe Nwigwe and Nas and featuring Jacob Banks, was released as a single from the film's soundtrack. Cristo Fernández as Wheeljack, an Autobot scientist and mechanic who transforms into a brown and white 1970s Volkswagen Type 2 panel bus, while speaking in a Mexican accent. The Maximal leader Apelinq sacrifices himself to allow the other Maximals to escape the planet before Unicron devours it.

The trailer garnered 238 million views on YouTube in its first 24 hours, more than any previous trailer in Paramount's history, and was in fourth place for that 24-hour cycle behind two Avengers: Endgame (2019) trailers and the first Spider-Man: No Way Home (2021) trailer. In February 2022, Paramount announced that Rise of the Beasts would be the first of three new installments in the Transformers series. Transformers: Rise Of The Beasts' Pushed A Year; New 'Star Trek' Movie To Beam Up Over Christmas 2023". It has underperformed at the box office and is currently the lowest-grossing installment of the franchise.

This marks the character's first proper live-action depiction after previously being teased in The Last Knight. Internationally, the film was released on dates ranging from June 6, 2023 (in South Korea), to June 22, 2023, the film's Australian release date. Caple revealed more members of the voice cast would be revealed in the coming months and expressed interest to bring Mahershala Ali to provide voice work. Join the fight for mankind in the extraordinary adventure that “is this summer’s coolest film”– FHM. TRANSFORMERS 7 Adds SPIDER-MAN: INTO THE SPIDER-VERSE And DEXTER Star Luna Lauren Velez (Exclusive)".

Metacritic, which uses a weighted average, assigned the film a score of 42 out of 100, based on 51 critics, indicating "mixed or average" reviews.

Following the critical and commercial success of Bumblebee, Paramount Pictures and Hasbro announced a sequel in early 2019.