diff --git a/CHANGES.rst b/CHANGES.rst
index 4d514fee8..b5144c1c9 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -3,8 +3,8 @@ Change Log
 
 PRAW follows `semantic versioning <http://semver.org/>`_.
 
-Unreleased
-----------
+7.4.0 (2021/07/30)
+------------------
 
 **Added**
 
diff --git a/praw/const.py b/praw/const.py
index 63b57cb52..68bdcefc4 100644
--- a/praw/const.py
+++ b/praw/const.py
@@ -1,7 +1,7 @@
 """PRAW constants."""
 from .endpoints import API_PATH  # noqa: F401
 
-__version__ = "7.3.1.dev0"
+__version__ = "7.4.0"
 
 USER_AGENT_FORMAT = f"{{}} PRAW/{__version__}"