diff --git a/DESCRIPTION b/DESCRIPTION
index 295b1c18f..9d255ba41 100644
--- a/DESCRIPTION
+++ b/DESCRIPTION
@@ -11,7 +11,7 @@ Description: A general-purpose computational engine for data analysis,
   to practical examples and more, is available at the reference website
   <https://ropensci.github.io/drake/> and the online manual
   <https://ropenscilabs.github.io/drake-manual/>.
-Version: 7.4.0.9000
+Version: 7.5.0
 License: GPL-3
 URL: https://github.com/ropensci/drake
 BugReports: https://github.com/ropensci/drake/issues
diff --git a/NEWS.md b/NEWS.md
index ca4690f2d..77705b7da 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,4 +1,4 @@
-# Version 7.4.0.9000
+# Version 7.5.0
 
 ## New features