diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9dfe1d35865..407447b0725 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,85 @@
 # Change Log
 
+## [2.5.0] - 2026-09-19
+
+### Added
+
+- Add an `installer.builtin-uninstall` setting to uninstall packages with a built-in uninstaller instead of invoking `pip uninstall` ([#10931](https://github.com/python-poetry/poetry/pull/10931)).
+- Add official support for Python 3.15 ([#11046](https://github.com/python-poetry/poetry/pull/11046)).
+
+### Changed
+
+- Do not send credentials configured for an `https` repository via `http` ([#11073](https://github.com/python-poetry/poetry/pull/11073)).
+- Fail with an error when the current Python version is not compatible with the project and `virtualenvs.create` is `false` ([#10941](https://github.com/python-poetry/poetry/pull/10941)).
+- Validate version constraints that are entered interactively in `poetry init` ([#10909](https://github.com/python-poetry/poetry/pull/10909)).
+- Include the path of the `pyproject.toml` file in the message about already present packages in `poetry add` ([#10908](https://github.com/python-poetry/poetry/pull/10908)).
+- Improve performance of processing package links and repository pages ([#10895](https://github.com/python-poetry/poetry/pull/10895),
+  [#10896](https://github.com/python-poetry/poetry/pull/10896),
+  [#10903](https://github.com/python-poetry/poetry/pull/10903),
+  [#10949](https://github.com/python-poetry/poetry/pull/10949),
+  [#10951](https://github.com/python-poetry/poetry/pull/10951),
+  [#10953](https://github.com/python-poetry/poetry/pull/10953)).
+- Improve performance of dependency resolution ([#10907](https://github.com/python-poetry/poetry/pull/10907),
+  [#10954](https://github.com/python-poetry/poetry/pull/10954)).
+- Improve performance of choosing and installing wheels ([#10905](https://github.com/python-poetry/poetry/pull/10905),
+  [#10958](https://github.com/python-poetry/poetry/pull/10958)).
+- Improve performance by avoiding redundant keyring lookups for repositories without credentials ([#10959](https://github.com/python-poetry/poetry/pull/10959)).
+- Improve performance by reducing the number of subprocesses to discover virtual environment data ([#11042](https://github.com/python-poetry/poetry/pull/11042)).
+- Improve performance of `poetry search` for single-token queries ([#10906](https://github.com/python-poetry/poetry/pull/10906)).
+- Improve startup time by deferring the import of `requests` ([#11004](https://github.com/python-poetry/poetry/pull/11004)).
+- Improve performance of schema validation by caching compiled JSON schema validators ([#11033](https://github.com/python-poetry/poetry/pull/11033)).
+
+### Fixed
+
+- Fix an issue where credentials of the wrong repository were used under certain circumstances when multiple repositories were configured on the same host ([#11072](https://github.com/python-poetry/poetry/pull/11072)).
+- Fix an issue where credentials of a repository on another host were used for git dependencies if the path of the URL was the same ([#11074](https://github.com/python-poetry/poetry/pull/11074)).
+- Fix an issue where dependency resolution failed for conflicting requirements of different packages even though the requirements had mutually exclusive markers ([#10944](https://github.com/python-poetry/poetry/pull/10944)).
+- Fix an issue where dependency resolution failed when the same package was required with different extras in several optional dependencies or dependency groups ([#10943](https://github.com/python-poetry/poetry/pull/10943)).
+- Fix an issue where dependency resolution failed with a `KeyError` ([#11008](https://github.com/python-poetry/poetry/pull/11008)).
+- Fix an issue where the dependencies of an extra were missing in the lock file after adding the extra to a locked dependency, e.g. a git dependency, in the `pyproject.toml` file ([#10987](https://github.com/python-poetry/poetry/pull/10987)).
+- Fix an issue where a path or git dependency was not reinstalled when its `develop` setting changed ([#11022](https://github.com/python-poetry/poetry/pull/11022)).
+- Fix an issue where scripts of type `file` were not installed when installing the project ([#10736](https://github.com/python-poetry/poetry/pull/10736)).
+- Fix an issue where GUI scripts were not installed when installing the project ([#10973](https://github.com/python-poetry/poetry/pull/10973)).
+- Fix an issue where a relative path was written to `direct_url.json` for path dependencies ([#10917](https://github.com/python-poetry/poetry/pull/10917)).
+- Fix an issue where `poetry show <package>` showed a version that was not relevant for the current environment if there were multiple versions of the package in the lock file ([#11003](https://github.com/python-poetry/poetry/pull/11003)).
+- Fix an issue where `poetry show --outdated` did not find newer versions of packages from sources with `explicit` priority ([#10982](https://github.com/python-poetry/poetry/pull/10982)).
+- Fix an issue where `poetry env activate` ignored the environment that was determined by the application, e.g. when using `--directory` ([#10916](https://github.com/python-poetry/poetry/pull/10916)).
+- Fix an issue where `poetry init` proposed an invalid package name if the directory name was not a valid package name ([#10975](https://github.com/python-poetry/poetry/pull/10975)).
+
+### Docs
+
+- Document the `--license` option of `poetry init` and `poetry new` ([#11064](https://github.com/python-poetry/poetry/pull/11064)).
+- Clarify which dependencies are locked when running `poetry update` with dependency groups ([#11024](https://github.com/python-poetry/poetry/pull/11024)).
+- Clarify the portability of path dependencies ([#11020](https://github.com/python-poetry/poetry/pull/11020)).
+- Clarify the usage of `poetry run` with console scripts ([#10984](https://github.com/python-poetry/poetry/pull/10984)).
+- Clarify what `--no-cache` disables ([#10915](https://github.com/python-poetry/poetry/pull/10915)).
+- Document how to use package sources for `poetry self update` ([#10923](https://github.com/python-poetry/poetry/pull/10923)).
+- Fix the stale minimum Python version ([#11050](https://github.com/python-poetry/poetry/pull/11050)).
+- Update outdated links ([#10913](https://github.com/python-poetry/poetry/pull/10913),
+  [#10938](https://github.com/python-poetry/poetry/pull/10938),
+  [#11000](https://github.com/python-poetry/poetry/pull/11000),
+  [#11043](https://github.com/python-poetry/poetry/pull/11043)).
+
+### poetry-core ([`2.5.0`](https://github.com/python-poetry/poetry-core/releases/tag/2.5.0))
+
+- Add Python 3.15 to the automatically generated classifiers ([#961](https://github.com/python-poetry/poetry-core/pull/961)).
+- Fix an issue where a `<V` version constraint wrongly allowed pre-releases of `V` in some cases ([#939](https://github.com/python-poetry/poetry-core/pull/939)).
+- Fix an issue where version ranges with coincident bounds were not recognized as empty ([#939](https://github.com/python-poetry/poetry-core/pull/939)).
+- Fix an issue where the string representation of a version union did not describe the same constraint after being parsed again ([#939](https://github.com/python-poetry/poetry-core/pull/939)).
+- Fix an issue where the intersection of a version range with a local version resulted in a wrong constraint ([#949](https://github.com/python-poetry/poetry-core/pull/949)).
+- Fix an issue where the union of a version range and a public version did not include all local versions of the public version ([#950](https://github.com/python-poetry/poetry-core/pull/950)).
+- Fix an issue where the union of a public version and one of its local versions did not result in the public version ([#966](https://github.com/python-poetry/poetry-core/pull/966)).
+- Fix an issue where the difference between a public version and one of its local versions still allowed the local version, which could result in an infinite loop during dependency resolution ([#953](https://github.com/python-poetry/poetry-core/pull/953)).
+- Fix an issue where a version range that excluded some local versions of a public version was wrongly considered to allow all versions of the public version ([#959](https://github.com/python-poetry/poetry-core/pull/959)).
+- Fix an issue where a `!= <value>` constraint was wrongly considered to allow all values of a `<value> not in` constraint ([#955](https://github.com/python-poetry/poetry-core/pull/955)).
+- Fix an issue where merging `platform_release` markers with incompatible constraint types failed ([#956](https://github.com/python-poetry/poetry-core/pull/956)).
+- Fix an issue where the string representation of a version range whose upper bound only consists of zeros raised an `IndexError` ([#964](https://github.com/python-poetry/poetry-core/pull/964)).
+- Fix an issue where formatting a Python constraint that only allows unknown Python versions raised an `IndexError` ([#971](https://github.com/python-poetry/poetry-core/pull/971)).
+- Fix an issue where marker values containing spaces could not be parsed ([#972](https://github.com/python-poetry/poetry-core/pull/972)).
+- Fix an issue where the upper bound of a `~=` constraint was wrong for versions with more than three release segments ([#973](https://github.com/python-poetry/poetry-core/pull/973)).
+- Fix an issue where the filename of a link created from a Windows path was wrong and reject filenames containing path separators ([#974](https://github.com/python-poetry/poetry-core/pull/974)).
+
+
 ## [2.4.3] - 2026-09-05
 
 ### Fixed
@@ -2772,7 +2852,8 @@ Initial release
 
 
 
-[Unreleased]: https://github.com/python-poetry/poetry/compare/2.4.3...main
+[Unreleased]: https://github.com/python-poetry/poetry/compare/2.5.0...main
+[2.5.0]: https://github.com/python-poetry/poetry/releases/tag/2.5.0
 [2.4.3]: https://github.com/python-poetry/poetry/releases/tag/2.4.3
 [2.4.2]: https://github.com/python-poetry/poetry/releases/tag/2.4.2
 [2.4.1]: https://github.com/python-poetry/poetry/releases/tag/2.4.1
diff --git a/pyproject.toml b/pyproject.toml
index 9f1cab734d0..22b20d162a0 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "poetry"
-version = "2.5.0.dev0"
+version = "2.5.0"
 description = "Python dependency management and packaging made easy."
 requires-python = ">=3.10,<4.0"
 dependencies = [