diff --git a/CHANGELOG.md b/CHANGELOG.md
index b33eb1698..fb1b26727 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,18 @@
 
 [1]: https://pypi.org/project/google-auth/#history
 
+## [1.27.0](https://www.github.com/googleapis/google-auth-library-python/compare/v1.26.1...v1.27.0) (2021-02-16)
+
+
+### Features
+
+* workload identity federation support ([#698](https://www.github.com/googleapis/google-auth-library-python/issues/698)) ([d4d7f38](https://www.github.com/googleapis/google-auth-library-python/commit/d4d7f3815e0cea3c9f39a5204a4f001de99568e9))
+
+
+### Bug Fixes
+
+* add pyopenssl as extra dependency ([#697](https://www.github.com/googleapis/google-auth-library-python/issues/697)) ([aeab5d0](https://www.github.com/googleapis/google-auth-library-python/commit/aeab5d07c5538f3d8cce817df24199534572b97d))
+
 ### [1.26.1](https://www.github.com/googleapis/google-auth-library-python/compare/v1.26.0...v1.26.1) (2021-02-11)
 
 
diff --git a/setup.py b/setup.py
index 055fcabfd..0c30f0be9 100644
--- a/setup.py
+++ b/setup.py
@@ -37,7 +37,7 @@
 with io.open("README.rst", "r") as fh:
     long_description = fh.read()
 
-version = "1.26.1"
+version = "1.27.0"
 
 setup(
     name="google-auth",