diff --git a/CHANGES.rst b/CHANGES.rst
index b9f2c06d..14b066c0 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,7 +1,7 @@
 Changes
 =======
 
-Version 0.7.4 (UNRELEASED)
+Version 0.7.4 (2021-04-28)
 --------------------------
 
 - Adds configuration environment variable to set job memory limits for the Kubernetes compute backend (``REANA_KUBERNETES_JOBS_MEMORY_LIMIT``).
diff --git a/docs/openapi.json b/docs/openapi.json
index 7aa3b084..ef64d2ff 100644
--- a/docs/openapi.json
+++ b/docs/openapi.json
@@ -109,7 +109,7 @@
   "info": {
     "description": "REANA Job Controller API",
     "title": "reana-job-controller",
-    "version": "0.7.4a1"
+    "version": "0.7.4"
   },
   "parameters": {},
   "paths": {
diff --git a/reana_job_controller/version.py b/reana_job_controller/version.py
index 469aee15..45bc5971 100644
--- a/reana_job_controller/version.py
+++ b/reana_job_controller/version.py
@@ -14,4 +14,4 @@
 
 from __future__ import absolute_import, print_function
 
-__version__ = "0.7.4a1"
+__version__ = "0.7.4"