diff --git a/ChangeLog.md b/ChangeLog.md
index 79e9d79532150..3ae469aec7456 100644
--- a/ChangeLog.md
+++ b/ChangeLog.md
@@ -18,8 +18,11 @@ to browse the changes between the tags.
 
 See docs/process.md for more on how version tagging works.
 
-3.1.73 (in development)
+3.1.74 (in development)
 -----------------------
+
+3.1.73 - 11/28/24
+-----------------
 - libunwind was updated to LLVM 19.1.4. (#22394)
 - mimalloc was updated to 2.1.7. (#21548)
 
diff --git a/emscripten-version.txt b/emscripten-version.txt
index d319950672d24..f26702764ab34 100644
--- a/emscripten-version.txt
+++ b/emscripten-version.txt
@@ -1 +1 @@
-3.1.73-git
+3.1.74-git