diff --git a/source/isaaclab/config/extension.toml b/source/isaaclab/config/extension.toml
index d5dec2eeb38..d2c0e84fecd 100644
--- a/source/isaaclab/config/extension.toml
+++ b/source/isaaclab/config/extension.toml
@@ -1,7 +1,7 @@
 [package]
 
 # Note: Semantic Versioning is used: https://semver.org/
-version = "0.47.0"
+version = "0.47.1"
 
 # Description
 title = "Isaac Lab framework for Robot Learning"
diff --git a/source/isaaclab/docs/CHANGELOG.rst b/source/isaaclab/docs/CHANGELOG.rst
index a10308a5a0f..2ed17e81557 100644
--- a/source/isaaclab/docs/CHANGELOG.rst
+++ b/source/isaaclab/docs/CHANGELOG.rst
@@ -1,6 +1,18 @@
 Changelog
 ---------
 
+0.47.1 (2025-10-15)
+~~~~~~~~~~~~~~~~~~~
+
+Changed
+^^^^^^^
+
+* Fixed termination term bookkeeping in :class:`~isaaclab.managers.TerminationManager`:
+  per-step termination and last-episode termination bookkeeping are now separated.
+  last-episode dones are now updated once per step from all term outputs, avoiding per-term overwrites
+  and ensuring Episode_Termination metrics reflect the actual triggering terms.
+
+
 0.47.0 (2025-10-14)
 ~~~~~~~~~~~~~~~~~~~
 
diff --git a/source/isaaclab/isaaclab/managers/termination_manager.py b/source/isaaclab/isaaclab/managers/termination_manager.py
index 2c732b46363..023cbc86696 100644
--- a/source/isaaclab/isaaclab/managers/termination_manager.py
+++ b/source/isaaclab/isaaclab/managers/termination_manager.py
@@ -63,6 +63,8 @@ def __init__(self, cfg: object, env: ManagerBasedRLEnv):
         self._term_name_to_term_idx = {name: i for i, name in enumerate(self._term_names)}
         # prepare extra info to store individual termination term information
         self._term_dones = torch.zeros((self.num_envs, len(self._term_names)), device=self.device, dtype=torch.bool)
+        # prepare extra info to store last episode done per termination term information
+        self._last_episode_dones = torch.zeros_like(self._term_dones)
         # create buffer for managing termination per environment
         self._truncated_buf = torch.zeros(self.num_envs, device=self.device, dtype=torch.bool)
         self._terminated_buf = torch.zeros_like(self._truncated_buf)
@@ -138,7 +140,7 @@ def reset(self, env_ids: Sequence[int] | None = None) -> dict[str, torch.Tensor]
             env_ids = slice(None)
         # add to episode dict
         extras = {}
-        last_episode_done_stats = self._term_dones.float().mean(dim=0)
+        last_episode_done_stats = self._last_episode_dones.float().mean(dim=0)
         for i, key in enumerate(self._term_names):
             # store information
             extras["Episode_Termination/" + key] = last_episode_done_stats[i].item()
@@ -169,15 +171,17 @@ def compute(self) -> torch.Tensor:
             else:
                 self._terminated_buf |= value
             # add to episode dones
-            rows = value.nonzero(as_tuple=True)[0]  # indexing is cheaper than boolean advance indexing
-            if rows.numel() > 0:
-                self._term_dones[rows] = False
-                self._term_dones[rows, i] = True
+            self._term_dones[:, i] = value
+        # update last-episode dones once per compute: for any env where a term fired,
+        # reflect exactly which term(s) fired this step and clear others
+        rows = self._term_dones.any(dim=1).nonzero(as_tuple=True)[0]
+        if rows.numel() > 0:
+            self._last_episode_dones[rows] = self._term_dones[rows]
         # return combined termination signal
         return self._truncated_buf | self._terminated_buf
 
     def get_term(self, name: str) -> torch.Tensor:
-        """Returns the termination term with the specified name.
+        """Returns the termination term value at current step with the specified name.
 
         Args:
             name: The name of the termination term.
@@ -190,7 +194,8 @@ def get_term(self, name: str) -> torch.Tensor:
     def get_active_iterable_terms(self, env_idx: int) -> Sequence[tuple[str, Sequence[float]]]:
         """Returns the active terms as iterable sequence of tuples.
 
-        The first element of the tuple is the name of the term and the second element is the raw value(s) of the term.
+        The first element of the tuple is the name of the term and the second element is the raw value(s) of the term
+        recorded at current step.
 
         Args:
             env_idx: The specific environment to pull the active terms from.