diff --git a/CHANGELOG.md b/CHANGELOG.md
index 756af54..19f1514 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,7 +4,7 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
-## [dev] (MM/DD/YY)
+## [2.5.0] (05/DD/2025)
 
 ### Added
 * Added support for python 3.13 [gh-72](github.com/IntelPython/mkl-service/pull/72)
diff --git a/conda-recipe/meta.yaml b/conda-recipe/meta.yaml
index d2aad92..33c683a 100644
--- a/conda-recipe/meta.yaml
+++ b/conda-recipe/meta.yaml
@@ -1,4 +1,4 @@
-{% set version = "2.4.2" %}
+{% set version = "2.5.0" %}
 {% set buildnumber = 0 %}
 
 package:
diff --git a/mkl/_version.py b/mkl/_version.py
index 60be088..50062f8 100644
--- a/mkl/_version.py
+++ b/mkl/_version.py
@@ -1 +1 @@
-__version__ = "2.4.2"
+__version__ = "2.5.0"