diff --git a/CHANGELOG.md b/CHANGELOG.md
index a8880f37a..17792b1fe 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,7 +4,11 @@ See the [releases page](https://github.com/github/codeql-action/releases) for th
 
 ## [UNRELEASED]
 
-- Update default CodeQL bundle version to [2.27.1](https://github.com/github/codeql-action/releases/tag/codeql-bundle-v2.27.1). [#4160](https://github.com/github/codeql-action/pull/4160)
+No user facing changes.
+
+## v4.38.2 - 24 Sept 2026
+
+This release rolls back 4.38.1 due to issues with that release. It is identical to 0.0.0.
 
 ## 4.38.1 - 18 Sept 2026
 
@@ -1286,3 +1290,4 @@ No user facing changes.
 - Add this changelog file. [#507](https://github.com/github/codeql-action/pull/507)
 - Improve grouping of analysis logs. Add a new log group containing a summary of metrics and diagnostics, if they were produced by CodeQL builtin queries. [#515](https://github.com/github/codeql-action/pull/515)
 - Add metrics and diagnostics summaries from custom query suites to the analysis summary log group. [#532](https://github.com/github/codeql-action/pull/532)
+
diff --git a/package-lock.json b/package-lock.json
index 955fcf6d9..966f2074b 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "codeql",
-  "version": "4.38.2",
+  "version": "4.38.3",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "codeql",
-      "version": "4.38.2",
+      "version": "4.38.3",
       "license": "MIT",
       "workspaces": [
         "pr-checks"
diff --git a/package.json b/package.json
index 315603825..44c423493 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "codeql",
-  "version": "4.38.2",
+  "version": "4.38.3",
   "private": true,
   "description": "CodeQL action",
   "scripts": {