diff --git a/Cargo.toml b/Cargo.toml
index 1ac50605..9e00e1d7 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "indexmap"
 edition = "2021"
-version = "2.7.0"
+version = "2.7.1"
 documentation = "https://docs.rs/indexmap/"
 repository = "https://github.com/indexmap-rs/indexmap"
 license = "Apache-2.0 OR MIT"
diff --git a/RELEASES.md b/RELEASES.md
index befdd0e0..8867a49c 100644
--- a/RELEASES.md
+++ b/RELEASES.md
@@ -1,5 +1,10 @@
 # Releases
 
+## 2.7.1 (2025-01-19)
+
+- Added `#[track_caller]` to functions that may panic.
+- Improved memory reservation for `insert_entry`.
+
 ## 2.7.0 (2024-11-30)
 
 - Added methods `Entry::insert_entry` and `VacantEntry::insert_entry`, returning