diff --git a/Project.toml b/Project.toml
index 8dbd1cfa26..f035ff753f 100644
--- a/Project.toml
+++ b/Project.toml
@@ -1,6 +1,6 @@
 name = "MathOptInterface"
 uuid = "b8f27783-ece8-5eb3-8dc8-9495eed66fee"
-version = "1.40.1"
+version = "1.40.2"
 
 [deps]
 BenchmarkTools = "6e4b80f9-dd63-53aa-95a3-0cdb28fa8baf"
diff --git a/docs/src/changelog.md b/docs/src/changelog.md
index b782ff82e8..b1926968b1 100644
--- a/docs/src/changelog.md
+++ b/docs/src/changelog.md
@@ -7,6 +7,16 @@ CurrentModule = MathOptInterface
 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).
 
+## v1.40.2 (June 2, 2025)
+
+### Fixed
+
+ - Fixed bug reading `.nl` files with `use_nlp_block = false` (#2766)
+
+### Other
+
+ - Improved error thrown in `ToMILPBridge` when variable is not bounded (#2764)
+
 ## v1.40.1 (May 20, 2025)
 
 ### Fixed