diff --git a/CHANGELOG.md b/CHANGELOG.md
index e6db7ad3a..20004943f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,16 @@
+## [2.27.2] (2023-09-06)
+
+ENHANCEMENTS:
+
+* Improve `PreloadEmbeddedSchema` job performance in terraform-ls ([terraform-ls#1369](https://github.com/hashicorp/terraform-ls/pull/1369))
+* Avoid re-processing open files in terraform-ls after file saving to improve performance ([terraform-ls#1372](https://github.com/hashicorp/terraform-ls/pull/1372))
+
+
+INTERNAL:
+
+* Bump actions/setup-node from 3.7.0 to 3.8.1 by ([#1558](https://github.com/hashicorp/vscode-terraform/pull/1558))
+* Bump actions/checkout from 3.5.3 to 4.0.0 by ([#1559](https://github.com/hashicorp/vscode-terraform/pull/1559), [#1560](https://github.com/hashicorp/vscode-terraform/pull/1560))
+
 ## [2.27.1] (2023-08-02)
 
 ENHANCEMENTS:
@@ -740,7 +753,8 @@ For information on prior major and minor releases, see their changelogs:
 
 
 <!-- Links to tag comparisons -->
-[Unreleased]: https://github.com/hashicorp/vscode-terraform/compare/v2.27.1...main
+[Unreleased]: https://github.com/hashicorp/vscode-terraform/compare/v2.27.2...main
+[2.27.2]: https://github.com/hashicorp/vscode-terraform/compare/v2.27.1...v2.27.2
 [2.27.1]: https://github.com/hashicorp/vscode-terraform/compare/v2.27.0...v2.27.1
 [2.27.0]: https://github.com/hashicorp/vscode-terraform/compare/v2.26.1...v2.27.0
 [2.26.1]: https://github.com/hashicorp/vscode-terraform/compare/v2.26.0...v2.26.1
diff --git a/package-lock.json b/package-lock.json
index e307b883f..0fa089bd6 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "terraform",
-  "version": "2.27.1",
+  "version": "2.27.2",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "terraform",
-      "version": "2.27.1",
+      "version": "2.27.2",
       "license": "MPL-2.0",
       "dependencies": {
         "@vscode/extension-telemetry": "^0.4.9",
diff --git a/package.json b/package.json
index 5eb43052e..51abd5455 100644
--- a/package.json
+++ b/package.json
@@ -3,7 +3,7 @@
   "name": "terraform",
   "displayName": "HashiCorp Terraform",
   "description": "Syntax highlighting and autocompletion for Terraform",
-  "version": "2.27.1",
+  "version": "2.27.2",
   "publisher": "hashicorp",
   "appInsightsKey": "885372d2-6f3c-499f-9d25-b8b219983a52",
   "license": "MPL-2.0",
@@ -18,7 +18,7 @@
     "vscode": "^1.75.1"
   },
   "langServer": {
-    "version": "0.31.4"
+    "version": "0.31.5"
   },
   "syntax": {
     "version": "0.4.2"