diff --git a/Cargo.lock b/Cargo.lock
index 1c7f48f..559affe 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -265,7 +265,7 @@ dependencies = [
 
 [[package]]
 name = "polyval"
-version = "0.7.0-rc.9"
+version = "0.7.0"
 dependencies = [
  "cpubits",
  "cpufeatures",
diff --git a/ghash/Cargo.toml b/ghash/Cargo.toml
index e03717d..74e7744 100644
--- a/ghash/Cargo.toml
+++ b/ghash/Cargo.toml
@@ -16,7 +16,7 @@ as in the AES-GCM authenticated encryption cipher.
 """
 
 [dependencies]
-polyval = { version = "0.7.0-rc.8", features = ["hazmat"] }
+polyval = { version = "0.7", features = ["hazmat"] }
 
 # optional dependencies
 zeroize = { version = "1", optional = true, default-features = false }
diff --git a/polyval/CHANGELOG.md b/polyval/CHANGELOG.md
index 19de59c..175bbc1 100644
--- a/polyval/CHANGELOG.md
+++ b/polyval/CHANGELOG.md
@@ -5,14 +5,33 @@ All notable changes to this project will be documented in this file.
 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).
 
-## 0.7.0 (UNRELEASED)
+## 0.7.0 (2026-02-27)
+### Added
+- `hazmat` feature that exposes `FieldElement` type ([#279])
+
 ### Changed
 - Edition changed to 2024 and MSRV bumped to 1.85 ([#228])
 - Relax MSRV policy and allow MSRV bumps in patch releases
-- Update to `universal-hash` v0.6 ([#213])
+- Replace `polyval_force_soft` with `polyval_backend="soft"` ([#259])
+- Use `cpubits` crate for `soft` backend selection ([#261])
+- Bump `cpufeatures` to v0.3 ([#292])
+- Use [Reduction/Field algorithm] for parallel block processing on `aarch64`/`x86(_64)` ([#294])
+- `polyval::mulx` moved to `FieldElement::mulx` ([#296])
+- Update to `universal-hash` v0.6 ([#310])
+
+### Removed
+- `cfg(polyval_armv8)` - now enabled by default ([#214])
 
-[#213]: https://github.com/RustCrypto/universal-hashes/pull/213
+[#214]: https://github.com/RustCrypto/universal-hashes/pull/214
 [#228]: https://github.com/RustCrypto/universal-hashes/pull/228
+[#259]: https://github.com/RustCrypto/universal-hashes/pull/259
+[#261]: https://github.com/RustCrypto/universal-hashes/pull/261
+[#279]: https://github.com/RustCrypto/universal-hashes/pull/279
+[#292]: https://github.com/RustCrypto/universal-hashes/pull/292
+[#294]: https://github.com/RustCrypto/universal-hashes/pull/294
+[#296]: https://github.com/RustCrypto/universal-hashes/pull/296
+[#310]: https://github.com/RustCrypto/universal-hashes/pull/310
+[Reduction/Field algorithm]: https://eprint.iacr.org/2025/2171
 
 ## 0.6.2 (2022-03-03)
 ### Added
diff --git a/polyval/Cargo.toml b/polyval/Cargo.toml
index e7be40d..9b9358d 100644
--- a/polyval/Cargo.toml
+++ b/polyval/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "polyval"
-version = "0.7.0-rc.9"
+version = "0.7.0"
 authors = ["RustCrypto Developers"]
 edition = "2024"
 rust-version = "1.85"
diff --git a/polyval/LICENSE-MIT b/polyval/LICENSE-MIT
index 4aa53fb..f9d910e 100644
--- a/polyval/LICENSE-MIT
+++ b/polyval/LICENSE-MIT
@@ -1,4 +1,4 @@
-Copyright (c) 2019-2025 The RustCrypto Project Developers
+Copyright (c) 2019-2026 The RustCrypto Project Developers
 
 Permission is hereby granted, free of charge, to any
 person obtaining a copy of this software and associated