diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2e990a601331..c78dfe605f90 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,15 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## [0.19.0] - MM/DD/2025
+
+### Added
+
+### Changed
+
+### Fixed
+
+
 ## [0.18.0] - 05/DD/2025
 
 This release achieves 100% compliance with Python Array API specification (revision [2024.12](https://data-apis.org/array-api/2024.12/)).
diff --git a/CMakeLists.txt b/CMakeLists.txt
index c9d526cf47f9..2d1bd4fc4ae8 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -1,7 +1,7 @@
 cmake_minimum_required(VERSION 3.21...3.27 FATAL_ERROR)
 
 project(dpnp
-  VERSION 0.18
+  VERSION 0.19
   LANGUAGES CXX
   DESCRIPTION "NumPy-like API accelerated by SYCL."
 )