diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9459255e1..37fbac1d2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,17 @@
 Release Notes
 ---
 
+## [0.40.0](https://github.com/substrait-io/substrait-java/compare/v0.39.0...v0.40.0) (2024-09-22)
+
+### ⚠ BREAKING CHANGES
+
+* IntervalDay now has "subsecond" and "precision" fields instead
+of "microseconds". Old protobufs should be still read correctly.
+
+### Features
+
+* support new IntervalCompound and updated IntervalDay types ([#288](https://github.com/substrait-io/substrait-java/issues/288)) ([e24ce6f](https://github.com/substrait-io/substrait-java/commit/e24ce6f3288f247c80f8162135ee4feddd705ff3))
+
 ## [0.39.0](https://github.com/substrait-io/substrait-java/compare/v0.38.1...v0.39.0) (2024-09-01)
 
 ### Features
diff --git a/gradle.properties b/gradle.properties
index b21824932..5409e1be3 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -26,7 +26,7 @@ sparkbundle.version=3.4
 spark.version=3.4.2
 
 #version that is going to be updated automatically by releases
-version = 0.39.0
+version = 0.40.0
 
 #signing
 SIGNING_KEY_ID = 193EAE47