diff --git a/Project.toml b/Project.toml
index 5dab57eba0..20f2b66f3e 100644
--- a/Project.toml
+++ b/Project.toml
@@ -1,6 +1,6 @@
 name = "MathOptInterface"
 uuid = "b8f27783-ece8-5eb3-8dc8-9495eed66fee"
-version = "1.48.0"
+version = "1.49.0"
 
 [deps]
 BenchmarkTools = "6e4b80f9-dd63-53aa-95a3-0cdb28fa8baf"
diff --git a/docs/src/changelog.md b/docs/src/changelog.md
index 8b868fab88..057b8a199c 100644
--- a/docs/src/changelog.md
+++ b/docs/src/changelog.md
@@ -7,6 +7,32 @@ CurrentModule = MathOptInterface
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
+## v1.49.0 (January 30, 2026)
+
+### Added
+
+- Added support creating a [`Utilities.MatrixOfConstraints`](@ref) from existing
+  parts (#2902)
+- Added [`Utilities.distance_to_set`](@ref) for more sets (#2914), (#2923),
+  (#2925), (#2926), (#2927)
+- Implemented [`Utilities.extract_function`](@ref) for transpose matrix (#2915)
+- Added support for [`Complements`](@ref) in `.nl` file format (#2916)
+- Added [`Bridges.Constraint.SplitComplexIndicatorEqualToBridge`](@ref) (#2921)
+
+### Fixed
+
+ - Fixed a bug converting `MutableSparseMatrixCSC` to `SparseMatrixCSC` (#2929)
+
+### Other
+
+ - Documentation updates (#2905), (#2906)
+ - Fixed various errors found by JET (#2908), (#2911)
+ - Changed the error message for [`GetAttributeNotAllowed`](@ref) when
+   [`is_set_by_optimize`](@ref) (#2910)
+ - Replaced JSON3.jl dependency by JSON.jl (#2918)
+ - Added `julia-downgrade-compat` to test `[compat]` lower bounds (#2919)
+ - Updated `solver-tests.yml` (#2930)
+
 ## v1.48.0 (December 9, 2025)
 
 ### Added