diff --git a/.github/workflows/all.yml b/.github/workflows/all.yml
index 3a90822a25b..dd77f6e474c 100644
--- a/.github/workflows/all.yml
+++ b/.github/workflows/all.yml
@@ -320,6 +320,7 @@ jobs:
     if: startsWith(github.ref, 'refs/tags/v')
     env:
       VERSION: ${{ needs.configure.outputs.version }}
+      HOMEBREW_GITHUB_API_TOKEN: ${{ secrets.HOMEBREW_GITHUB_API_TOKEN }}
     steps:
       - name: Download source code archive
         run: curl -fsSL "${GITHUB_SERVER_URL}/${GITHUB_REPOSITORY}/archive/${VERSION}.tar.gz" -o "${VERSION}.tar.gz"
diff --git a/lib/consts/consts.go b/lib/consts/consts.go
index 85f40159fe7..df6833325ba 100644
--- a/lib/consts/consts.go
+++ b/lib/consts/consts.go
@@ -28,7 +28,7 @@ import (
 )
 
 // Version contains the current semantic version of k6.
-const Version = "0.31.0"
+const Version = "0.31.1"
 
 // VersionDetails can be set externally as part of the build process
 var VersionDetails = "" // nolint:gochecknoglobals
diff --git a/lib/netext/httpext/request_test.go b/lib/netext/httpext/request_test.go
index d3716f0bfd8..c71c754280d 100644
--- a/lib/netext/httpext/request_test.go
+++ b/lib/netext/httpext/request_test.go
@@ -31,12 +31,16 @@ import (
 	"testing"
 	"time"
 
+	"github.com/mccutchen/go-httpbin/httpbin"
+	"github.com/oxtoacart/bpool"
 	"github.com/pkg/errors"
 	"github.com/sirupsen/logrus"
 	"github.com/stretchr/testify/assert"
 	"github.com/stretchr/testify/require"
+	"gopkg.in/guregu/null.v3"
 
 	"github.com/loadimpact/k6/lib"
+	"github.com/loadimpact/k6/lib/metrics"
 	"github.com/loadimpact/k6/stats"
 )
 
@@ -280,3 +284,68 @@ func BenchmarkWrapDecompressionError(b *testing.B) {
 		_ = wrapDecompressionError(err)
 	}
 }
+
+func TestTrailFailed(t *testing.T) {
+	t.Parallel()
+	srv := httptest.NewTLSServer(httpbin.New().Handler())
+	defer srv.Close()
+	ctx, cancel := context.WithCancel(context.Background())
+	defer cancel()
+	samples := make(chan stats.SampleContainer, 10)
+	logger := logrus.New()
+	logger.Level = logrus.DebugLevel
+	state := &lib.State{
+		Options: lib.Options{
+			RunTags:    &stats.SampleTags{},
+			SystemTags: &stats.DefaultSystemTagSet,
+		},
+		Transport: srv.Client().Transport,
+		Samples:   samples,
+		Logger:    logger,
+		BPool:     bpool.NewBufferPool(2),
+	}
+	ctx = lib.WithState(ctx, state)
+
+	testCases := map[string]struct {
+		responseCallback func(int) bool
+		failed           null.Bool
+	}{
+		"null responsecallback": {responseCallback: nil, failed: null.NewBool(false, false)},
+		"unexpected response":   {responseCallback: func(int) bool { return false }, failed: null.NewBool(true, true)},
+		"expected response":     {responseCallback: func(int) bool { return true }, failed: null.NewBool(false, true)},
+	}
+	for name, testCase := range testCases {
+		responseCallback := testCase.responseCallback
+		failed := testCase.failed
+
+		t.Run(name, func(t *testing.T) {
+			req, _ := http.NewRequest("GET", srv.URL, nil)
+			preq := &ParsedHTTPRequest{
+				Req:              req,
+				URL:              &URL{u: req.URL, URL: srv.URL},
+				Body:             new(bytes.Buffer),
+				Timeout:          10 * time.Millisecond,
+				ResponseCallback: responseCallback,
+			}
+			res, err := MakeRequest(ctx, preq)
+
+			require.NoError(t, err)
+			assert.NotNil(t, res)
+			assert.Len(t, samples, 1)
+			sample := <-samples
+			trail := sample.(*Trail)
+			require.Equal(t, failed, trail.Failed)
+
+			var httpReqFailedSampleValue null.Bool
+			for _, s := range sample.GetSamples() {
+				if s.Metric.Name == metrics.HTTPReqFailed.Name {
+					httpReqFailedSampleValue.Valid = true
+					if s.Value == 1.0 {
+						httpReqFailedSampleValue.Bool = true
+					}
+				}
+			}
+			require.Equal(t, failed, httpReqFailedSampleValue)
+		})
+	}
+}
diff --git a/lib/netext/httpext/transport.go b/lib/netext/httpext/transport.go
index 6c77648b056..381ce6180a7 100644
--- a/lib/netext/httpext/transport.go
+++ b/lib/netext/httpext/transport.go
@@ -187,7 +187,7 @@ func (t *transport) measureAndEmitMetrics(unfReq *unfinishedRequest) *finishedRe
 	finalTags := stats.IntoSampleTags(&tags)
 	trail.SaveSamples(finalTags)
 	if t.responseCallback != nil {
-		trail.Failed.SetValid(true)
+		trail.Failed.Valid = true
 		if failed == 1 {
 			trail.Failed.Bool = true
 		}
diff --git a/release notes/v0.31.1.md b/release notes/v0.31.1.md
new file mode 100644
index 00000000000..57d78debf37
--- /dev/null
+++ b/release notes/v0.31.1.md	
@@ -0,0 +1,3 @@
+k6 v0.31.1 is a patch release with a single bugfix.
+
+The bugfix is about the cloud output and the new `http_req_failed` metric in k6 v0.31.0. Due to additional state being used for its transport to the k6 cloud, and a misunderstanding of what a functional call from a library dependency does, the `http_req_failed` values were always set to `1`. This did not affect any other output or the end of test summary. ([#1908](https://github.com/loadimpact/k6/issues/1908))