diff --git a/docs/release-notes.md b/docs/release-notes.md
index e319d6020c..dda0e03e00 100644
--- a/docs/release-notes.md
+++ b/docs/release-notes.md
@@ -2,6 +2,8 @@
 
 ## Latest Changes
 
+## 0.27.3 (2026-10-06)
+
 ### Fixes
 
 * 🐛 Escape terminal control characters in error messages. PR [#1972](https://github.com/fastapi/typer/pull/1972) by [@tiangolo](https://github.com/tiangolo).
diff --git a/typer/__init__.py b/typer/__init__.py
index 083fc2329b..e9eaaaa4fe 100644
--- a/typer/__init__.py
+++ b/typer/__init__.py
@@ -1,6 +1,6 @@
 """Typer, build great CLIs. Easy to code. Based on Python type hints."""
 
-__version__ = "0.27.2"
+__version__ = "0.27.3"
 
 from shutil import get_terminal_size as get_terminal_size