diff --git a/CHANGES b/CHANGES
index 80aa9925bc2..7191ec97c02 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,5 +1,5 @@
-Release 7.2.3 (in development)
-==============================
+Release 7.2.3 (released Aug 23, 2023)
+=====================================
 
 Dependencies
 ------------
diff --git a/sphinx/__init__.py b/sphinx/__init__.py
index 936c61d2299..01ba01f45e5 100644
--- a/sphinx/__init__.py
+++ b/sphinx/__init__.py
@@ -30,11 +30,11 @@
 #:
 #: .. versionadded:: 1.2
 #:    Before version 1.2, check the string ``sphinx.__version__``.
-version_info = (7, 2, 3, 'beta', 0)
+version_info = (7, 2, 3, 'final', 0)
 
 package_dir = path.abspath(path.dirname(__file__))
 
-_in_development = True
+_in_development = False
 if _in_development:
     # Only import subprocess if needed
     import subprocess