diff --git a/Lib/fontTools/__init__.py b/Lib/fontTools/__init__.py
index dece150..4f9e483 100644
--- a/Lib/fontTools/__init__.py
+++ b/Lib/fontTools/__init__.py
@@ -3,6 +3,6 @@
 
 log = logging.getLogger(__name__)
 
-version = __version__ = "4.24.5.dev0"
+version = __version__ = "4.25.0"
 
 __all__ = ["version", "log", "configLogger"]
diff --git a/NEWS.rst b/NEWS.rst
index 9de1c6c..2e4afce 100644
--- a/NEWS.rst
+++ b/NEWS.rst
@@ -1,3 +1,6 @@
+4.25.0 (released 2021-07-05)
+----------------------------
+
 - [tfmLib] Added new library for parsing TeX Font Metric (TFM) files (#2354).
 - [TupleVariation] Make shared tuples order deterministic on python < 3.7 where
   Counter (subclass of dict) doesn't remember insertion order (#2351, #2353).
diff --git a/setup.cfg b/setup.cfg
index 784ba71..08e9078 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 4.24.5.dev0
+current_version = 4.25.0
 commit = True
 tag = False
 tag_name = {new_version}
diff --git a/setup.py b/setup.py
index d90ca14..18082a6 100755
--- a/setup.py
+++ b/setup.py
@@ -441,7 +441,7 @@
 
 setup_params = dict(
 	name="fonttools",
-	version="4.24.5.dev0",
+	version="4.25.0",
 	description="Tools to manipulate font files",
 	author="Just van Rossum",
 	author_email="just@letterror.com",