diff --git a/CHANGELOG.md b/CHANGELOG.md
index 588c8decd..a6be482ee 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Change Log
 
+## 1.16.3 - 2025-03-10
+
+### Changed
+* [[4397](https://github.com/microsoft/vscode-azurefunctions/pull/4397)] Automatically collect subscription and resource information for telemetry. [How to disable telemetry reporting](https://code.visualstudio.com/docs/supporting/FAQ#_how-to-disable-telemetry-reporting)
+* [[4400](https://github.com/microsoft/vscode-azurefunctions/pull/4400)] Require VS Code version 1.95.0 (October 2024) or greater
+
 ## 1.16.2 - 2025-02-10
 
 ### Added
diff --git a/package-lock.json b/package-lock.json
index 99281c6ff..f8976d66e 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
     "name": "vscode-azurefunctions",
-    "version": "1.16.3-alpha",
+    "version": "1.16.3",
     "lockfileVersion": 3,
     "requires": true,
     "packages": {
         "": {
             "name": "vscode-azurefunctions",
-            "version": "1.16.3-alpha",
+            "version": "1.16.3",
             "license": "SEE LICENSE IN LICENSE.md",
             "dependencies": {
                 "@azure/arm-appinsights": "^5.0.0-alpha.20230530.1",
diff --git a/package.json b/package.json
index 01e33faf3..ef5891f4d 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
     "name": "vscode-azurefunctions",
     "displayName": "Azure Functions",
     "description": "%azureFunctions.description%",
-    "version": "1.16.3-alpha",
+    "version": "1.16.3",
     "publisher": "ms-azuretools",
     "icon": "resources/azure-functions.png",
     "aiKey": "0c6ae279ed8443289764825290e4f9e2-1a736e7c-1324-4338-be46-fc2a58ae4d14-7255",