diff --git a/CHANGES.rst b/CHANGES.rst
index 987442e2d..b4da5e1b6 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -17,16 +17,18 @@ development at the same time, such as 4.5.x and 5.0.
     ..  Version 9.8.1 — 2027-07-27
     ..  --------------------------
 
-Unreleased
-----------
+.. scriv-start-here
+
+.. _changes_7-2-5:
+
+Version 7.2.5 — 2023-04-30
+--------------------------
 
 - Fix: ``html_report()`` could fail with an AttributeError on ``isatty`` if run
   in an unusual environment where sys.stdout had been replaced.  This is now
   fixed.
 
 
-.. scriv-start-here
-
 .. _changes_7-2-4:
 
 Version 7.2.4 — 2023-04-28
diff --git a/coverage/version.py b/coverage/version.py
index f4c5c8157..516d00c15 100644
--- a/coverage/version.py
+++ b/coverage/version.py
@@ -8,8 +8,8 @@
 
 # version_info: same semantics as sys.version_info.
 # _dev: the .devN suffix if any.
-version_info = (7, 2, 5, "alpha", 0)
-_dev = 1
+version_info = (7, 2, 5, "final", 0)
+_dev = 0
 
 
 def _make_version(
diff --git a/doc/conf.py b/doc/conf.py
index f0b2d6e42..fbd7e3f3a 100644
--- a/doc/conf.py
+++ b/doc/conf.py
@@ -66,11 +66,11 @@
 # @@@ editable
 copyright = "2009–2023, Ned Batchelder" # pylint: disable=redefined-builtin
 # The short X.Y.Z version.
-version = "7.2.4"
+version = "7.2.5"
 # The full version, including alpha/beta/rc tags.
-release = "7.2.4"
+release = "7.2.5"
 # The date of release, in "monthname day, year" format.
-release_date = "April 28, 2023"
+release_date = "April 30, 2023"
 # @@@ end
 
 rst_epilog = """