The song was released as the third single from his thirteenth studio album, Chris Tomlin & Friends (2020), to Christian radio in the United States on August 13, 2021.

Tomlin co-wrote the song with Corey Crowder, David Garcia, Thomas Rhett, and Tyler Hubbard.

[1] The single was produced by Brian Kelley, Chris Tomlin, Corey Crowder, and Tyler Hubbard.

[3] On June 26, 2020, Chris Tomlin released "Thank You Lord" featuring Thomas Rhett and Florida Georgia Line alongside "Who You Are to Me" featuring Lady A, as the first two promotional singles from Chris Tomlin & Friends in the lead-up to its release, slated for July 31, 2020.

[11] On August 25, 2020, Chris Tomlin performed "Thank You Lord" alongside Thomas Rhett and Florida Georgia Line on Today with Hoda & Jenna.