diff --git a/CHANGELOG.md b/CHANGELOG.md
index a8880f37aa..508ed0ce5c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,10 @@ See the [releases page](https://github.com/github/codeql-action/releases) for th
 
 ## [UNRELEASED]
 
+No user facing changes.
+
+## 4.38.2 - 24 Sept 2026
+
 - Update default CodeQL bundle version to [2.27.1](https://github.com/github/codeql-action/releases/tag/codeql-bundle-v2.27.1). [#4160](https://github.com/github/codeql-action/pull/4160)
 
 ## 4.38.1 - 18 Sept 2026
diff --git a/lib/entry-points.js b/lib/entry-points.js
index e89c2ab073..0bbe01fe3b 100644
--- a/lib/entry-points.js
+++ b/lib/entry-points.js
@@ -146168,7 +146168,7 @@ function getDiffRangesJsonFilePath(env = getEnv()) {
   return path2.join(getTemporaryDirectory(env), PR_DIFF_RANGE_JSON_FILENAME);
 }
 function getActionVersion() {
-  return "4.38.2";
+  return "4.38.3";
 }
 function getWorkflowEventName(env = getEnv()) {
   return env.getRequired("GITHUB_EVENT_NAME" /* GITHUB_EVENT_NAME */);
diff --git a/package-lock.json b/package-lock.json
index 955fcf6d93..966f2074bd 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "codeql",
-  "version": "4.38.2",
+  "version": "4.38.3",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "codeql",
-      "version": "4.38.2",
+      "version": "4.38.3",
       "license": "MIT",
       "workspaces": [
         "pr-checks"
diff --git a/package.json b/package.json
index 3156038252..44c4234933 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "codeql",
-  "version": "4.38.2",
+  "version": "4.38.3",
   "private": true,
   "description": "CodeQL action",
   "scripts": {