diff --git a/DESCRIPTION b/DESCRIPTION
index 079ab3ef..5828c1d5 100644
--- a/DESCRIPTION
+++ b/DESCRIPTION
@@ -1,6 +1,6 @@
 Package: httr2
 Title: Perform HTTP Requests and Process the Responses
-Version: 1.0.6.9000
+Version: 1.0.7
 Authors@R: c(
     person("Hadley", "Wickham", , "hadley@posit.co", role = c("aut", "cre")),
     person("Posit Software, PBC", role = c("cph", "fnd")),
diff --git a/NEWS.md b/NEWS.md
index 40b27e71..6396c602 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,4 +1,4 @@
-# httr2 (development version)
+# httr2 1.0.7
 
 * `req_perform_promise()` upgraded to use event-driven async based on waiting efficiently on curl socket activity (#579).
 * New `req_oauth_token_exchange()` and `oauth_flow_token_exchange()` functions implement the OAuth token exchange protocol from RFC 8693 (@atheriel, #460).