diff --git a/AUTHORS b/AUTHORS
index 410d9461..222367e4 100644
--- a/AUTHORS
+++ b/AUTHORS
@@ -425,3 +425,10 @@ Sk Sajidul Kadir <sheikh.sajid522@gmail.com>
 twosee <twose@qq.com>
 Rikard Falkeborn <rikard.falkeborn@gmail.com>
 Yash Ladha <yashladhapankajladha123@gmail.com>
+James Ross <git@james-ross.co.uk>
+Colin Finck <colin@reactos.org>
+Shohei YOSHIDA <syohex@gmail.com>
+Philip Chimento <philip.chimento@gmail.com>
+Michal Artazov <michal@artazov.cz>
+Jeroen Roovers <jer@gentoo.org>
+MasterDuke17 <MasterDuke17@users.noreply.github.com>
diff --git a/ChangeLog b/ChangeLog
index 3544c6c0..b5e8684a 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,76 @@
+2020.05.18, Version 1.38.0 (Stable)
+
+Changes since version 1.37.0:
+
+* test: skip poll_duplex and poll_unidirectional on PASE (Xu Meng)
+
+* linux: make cpu_times consistently be milliseconds (James Ross)
+
+* win: DRY uv_poll_start() and uv_poll_stop() (Ben Noordhuis)
+
+* win: DRY uv_poll_close() (Ben Noordhuis)
+
+* unix,win: add uv_library_shutdown() (Ben Noordhuis)
+
+* unix: yield cpu when spinlocking on async handle (Ben Noordhuis)
+
+* win: remove dep on GetQueuedCompletionStatusEx (Colin Finck)
+
+* doc: correct source lines (Shohei YOSHIDA)
+
+* build,android: fix typo (twosee)
+
+* doc: uv_cancel() handles uv_random_t requests (Philip Chimento)
+
+* doc: fix unescaped character (Philip Chimento)
+
+* build,cmake: fix compilation on old MinGW (erw7)
+
+* build: remove unnessesary MSVC warnings (Bartosz Sosnowski)
+
+* win: make uv_udp_init_ex() accept UV_UDP_RECVMMSG (Ben Noordhuis)
+
+* unix: simplify uv__udp_init_ex() (Ben Noordhuis)
+
+* win: remove MAX_PATH limitations (Bartosz Sosnowski)
+
+* build, win: add long path aware manifest (Bartosz Sosnowski)
+
+* doc: check/idle/prepare functions always succeed (Ben Noordhuis)
+
+* darwin: fix build with non-apple compilers (Ben Noordhuis)
+
+* win: support environment variables > 32767 chars (Ben Noordhuis)
+
+* unix: fully initialize struct msghdr (Ben Noordhuis)
+
+* doc: add uv_replace_allocator thread safety warning (twosee)
+
+* unix: fix int overflow when copying large files (Michal Artazov)
+
+* fs: report original error (Bartosz Sosnowski)
+
+* win, fs: add IO_REPARSE_TAG_APPEXECLINK support (Bartosz Sosnowski)
+
+* doc: fix formatting (Ben Noordhuis)
+
+* unix: fix memory leak when uv_loop_init() fails (Anna Henningsen)
+
+* unix: shrink uv_udp_set_source_membership() stack (Ben Noordhuis)
+
+* unix,win: fix wrong sizeof argument to memcpy() (Ben Noordhuis)
+
+* build: check for libraries not provided by libc (Jeroen Roovers)
+
+* doc: fix the order of arguments to calloc() (MasterDuke17)
+
+* unix: don't abort when getrlimit() fails (Ben Noordhuis)
+
+* test: support common user profile on IBMi (Xu Meng)
+
+* build: test on more platforms via QEMU in CI (gengjiawen)
+
+
 2020.04.20, Version 1.37.0 (Stable), 02a9e1be252b623ee032a3137c0b0c94afbe6809
 
 Changes since version 1.36.0:
diff --git a/configure.ac b/configure.ac
index 37444f76..6616972a 100644
--- a/configure.ac
+++ b/configure.ac
@@ -13,7 +13,7 @@
 # OR IN CONNECTION WITH THE USE OR PERFORMANCE OF THIS SOFTWARE.
 
 AC_PREREQ(2.57)
-AC_INIT([libuv], [1.37.0], [https://github.com/libuv/libuv/issues])
+AC_INIT([libuv], [1.38.0], [https://github.com/libuv/libuv/issues])
 AC_CONFIG_MACRO_DIR([m4])
 m4_include([m4/libuv-extra-automake-flags.m4])
 m4_include([m4/as_case.m4])
diff --git a/include/uv/version.h b/include/uv/version.h
index f932483e..486658c3 100644
--- a/include/uv/version.h
+++ b/include/uv/version.h
@@ -31,10 +31,10 @@
  */
 
 #define UV_VERSION_MAJOR 1
-#define UV_VERSION_MINOR 37
-#define UV_VERSION_PATCH 1
-#define UV_VERSION_IS_RELEASE 0
-#define UV_VERSION_SUFFIX "dev"
+#define UV_VERSION_MINOR 38
+#define UV_VERSION_PATCH 0
+#define UV_VERSION_IS_RELEASE 1
+#define UV_VERSION_SUFFIX ""
 
 #define UV_VERSION_HEX  ((UV_VERSION_MAJOR << 16) | \
                          (UV_VERSION_MINOR <<  8) | \