diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7a0e14f8f..27fab5b59 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -18,6 +18,34 @@
 
 ### Other Notes & Contributions
 
+## [2.5.0-beta02] - 2024-02-23
+
+### Fixed
+- Binding supertype which is narrower than return type is wrongly allowed by @IlyaGulya in ([#833](https://github.com/square/anvil/pull/833))
+- Don't cache the `projectDir` or `binaryFile` as part of `GeneratedFileCache` by @RBusarow in ([#883](https://github.com/square/anvil/pull/883))
+- Add restored-from-cache, previously-generated files to analysis results after code generation by @RBusarow in ([#882](https://github.com/square/anvil/pull/882))
+
+### Other Notes & Contributions
+- @IlyaGulya made their first contribution in ([#833](https://github.com/square/anvil/pull/833))
+
+### Added
+- Incremental compilation and build caching fixes ([#836](https://github.com/square/anvil/pull/836))
+- Configuration options can now be set via Gradle properties ([#851](https://github.com/square/anvil/pull/851))
+
+### Changed
+- Upgrade Kotlin to `1.9.22` ([#814](https://github.com/square/anvil/pull/814))
+- don't leak Anvil's annotation artifacts to the target project's compile classpath ([#822](https://github.com/square/anvil/pull/822))
+- Update to dagger 2.50 ([#830](https://github.com/square/anvil/pull/830))
+
+### Removed
+- Drop Kotlin 1.8 support ([#841](https://github.com/square/anvil/pull/841))
+
+### Custom Code Generator
+- The `GeneratedFile` result type has been deprecated in favor of `GeneratedFileWithSources`.  This new type allows for precise tracking of the generated files, which in turn drastically improves incremental compilation performance ([#693](https://github.com/square/anvil/pull/693)).
+
+### Other Notes & Contributions
+- Support KSP in ContributesSubcomponentGenerator ([#828](https://github.com/square/anvil/pull/828))
+
 ## [2.5.0-beta01] - 2024-02-14
 
 ### Added
@@ -657,7 +685,8 @@
 
 
 
-[Unreleased]: https://github.com/square/anvil/compare/v2.5.0-beta01...HEAD
+[Unreleased]: https://github.com/square/anvil/compare/v2.5.0-beta02...HEAD
+[2.5.0-beta02]: https://github.com/square/anvil/releases/tag/v2.5.0-beta02
 [2.5.0-beta01]: https://github.com/square/anvil/releases/tag/v2.5.0-beta01
 [2.4.9]: https://github.com/square/anvil/releases/tag/v2.4.9
 [2.4.8]: https://github.com/square/anvil/releases/tag/v2.4.8
diff --git a/gradle.properties b/gradle.properties
index be61e152b..28065a4cc 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,7 +1,7 @@
 GROUP=com.squareup.anvil
 
 # When updating this, make sure to also update the parallel release versions in release.yml & ci.yml
-VERSION_NAME=2.5.0-beta02-SNAPSHOT
+VERSION_NAME=2.5.0-beta02
 
 POM_DESCRIPTION=A Kotlin compiler plugin to make dependency injection with Dagger 2 easier by automatically merging Dagger modules and component interfaces.
 POM_INCEPTION_YEAR=2020