diff --git a/docs/changelog.rst b/docs/changelog.rst
index b8f50e8e25..c3d9d07cf5 100644
--- a/docs/changelog.rst
+++ b/docs/changelog.rst
@@ -84,7 +84,7 @@ consumption to do the same tasks.
 Detailed list of changes
 -------------------------------------
 
-0.38.1 [future]
+0.38.1 [2024-12-26]
 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
 
 - macOS: Fix a regression in the previous release that broke rendering of Emoji using the VS16 variation selector (:iss:`8130`)
diff --git a/kitty/constants.py b/kitty/constants.py
index 150ca40bae..6354489146 100644
--- a/kitty/constants.py
+++ b/kitty/constants.py
@@ -23,7 +23,7 @@ class Version(NamedTuple):
 
 appname: str = 'kitty'
 kitty_face = '🐱'
-version: Version = Version(0, 38, 0)
+version: Version = Version(0, 38, 1)
 str_version: str = '.'.join(map(str, version))
 _plat = sys.platform.lower()
 is_macos: bool = 'darwin' in _plat