diff --git a/CHANGELOG.md b/CHANGELOG.md
index a01e2276..c2db6a6c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,7 @@
+# Release 4.16.0 (July 2, 2025)
+
+No user-facing changes since 4.16.0rc2.
+
 # Release 4.16.0rc2 (June 25, 2026)
 
 - Avoid a `DeprecationWarning` when `deprecated` is applied to a coroutine function on
diff --git a/pyproject.toml b/pyproject.toml
index e0603a27..f8a4c45e 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -6,7 +6,7 @@ build-backend = "flit_core.buildapi"
 # Project metadata
 [project]
 name = "typing_extensions"
-version = "4.16.0rc2.dev"
+version = "4.16.0"
 description = "Backported and Experimental Type Hints for Python 3.9+"
 readme = "README.md"
 requires-python = ">=3.9"