diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4676f9b724b4..4d61ff91e11c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,15 @@
+<a name="18.2.3"></a>
+# 18.2.3 "parchment-deluge" (2024-09-04)
+### material
+| Commit | Type | Description |
+| -- | -- | -- |
+| [0f07b25d12](https://github.com/angular/components/commit/0f07b25d12fae6495080c614dd453bc9e193d7c4) | fix | **badge:** resolve memory leak ([#29676](https://github.com/angular/components/pull/29676)) |
+| [fe3f30ff2f](https://github.com/angular/components/commit/fe3f30ff2f5110996681bc02ec3b732591846f03) | fix | **core:** Allow system variables to be formatted for opacity ([#29665](https://github.com/angular/components/pull/29665)) |
+| [5d93395442](https://github.com/angular/components/commit/5d93395442153fd04ad1f427053be9913c73f487) | fix | **core:** Fix incorrect color role mappings ([#29655](https://github.com/angular/components/pull/29655)) |
+| [4a79052ae0](https://github.com/angular/components/commit/4a79052ae077c632afd1f8fd001a96bb3406b0c0) | fix | **tooltip:** remove old IE workaround ([#29674](https://github.com/angular/components/pull/29674)) |
+
+<!-- CHANGELOG SPLIT MARKER -->
+
 <a name="18.2.2"></a>
 # 18.2.2 "steel-sword" (2024-08-28)
 ### cdk
diff --git a/package.json b/package.json
index 5301c0e9e246..bb7b84d94b74 100644
--- a/package.json
+++ b/package.json
@@ -54,7 +54,7 @@
     "ci-notify-slack-failure": "node --no-warnings=ExperimentalWarning --loader ts-node/esm/transpile-only scripts/circleci/notify-slack-job-failure.mts",
     "prepare": "husky"
   },
-  "version": "18.2.2",
+  "version": "18.2.3",
   "dependencies": {
     "@angular/animations": "^18.2.0-next.2",
     "@angular/common": "^18.2.0-next.2",