diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index d1328ca9c..0a163d740 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "2.7.0"
+  ".": "2.7.1"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7d1a78155..9cd00394e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,14 @@
 # Changelog
 
+## [2.7.1](https://github.com/microsoft/OpenAPI.NET/compare/v2.7.0...v2.7.1) (2026-03-20)
+
+
+### Bug Fixes
+
+* a bug where path parameter validation would fail if they contained forbidden JSON pointer characters ([2efd2b2](https://github.com/microsoft/OpenAPI.NET/commit/2efd2b2e48be072f092115dface6cea3e0ba7182))
+* **library:** do not emit unevaluatedProperties for non-object schemas ([28d614f](https://github.com/microsoft/OpenAPI.NET/commit/28d614f3a8a4e98cfe202ab0f1ff8d75241bbdf8))
+* **library:** enforce spec-compliant $ref serialization; add Extensions support for schema references in v3.1/v3.2 ([7640a8a](https://github.com/microsoft/OpenAPI.NET/commit/7640a8aacea475505b64c9dc60f73f905909f5e7))
+
 ## [2.7.0](https://github.com/microsoft/OpenAPI.NET/compare/v2.6.1...v2.7.0) (2026-03-05)
 
 
diff --git a/Directory.Build.props b/Directory.Build.props
index 127a16526..efd2c5430 100644
--- a/Directory.Build.props
+++ b/Directory.Build.props
@@ -12,7 +12,7 @@
     <PackageProjectUrl>https://github.com/Microsoft/OpenAPI.NET</PackageProjectUrl>
     <Copyright>© Microsoft Corporation. All rights reserved.</Copyright>
     <PackageTags>OpenAPI .NET</PackageTags>
-    <Version>2.7.0</Version>
+    <Version>2.7.1</Version>
   </PropertyGroup>
   <!-- https://github.com/clairernovotny/DeterministicBuilds#deterministic-builds -->
   <PropertyGroup Condition="'$(TF_BUILD)' == 'true'">