diff --git a/.github/workflows/ci.yml b/.github/workflows/ci.yml
index 1015d232..0afd47c4 100644
--- a/.github/workflows/ci.yml
+++ b/.github/workflows/ci.yml
@@ -15,14 +15,14 @@ jobs:
       fail-fast: false
       matrix:
         elixir: ["1.19", "1.16"]
-        otp: ["28.4", "25.3"]
+        otp: ["29", "25.3"]
         parser: [fast_html, html5ever, mochiweb]
         exclude:
           - elixir: "1.19"
             otp: "25.3"
 
           - elixir: "1.16"
-            otp: "28.4"
+            otp: "29"
 
     steps:
       - uses: actions/checkout@v6
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3d8958bc..7d1be3ed 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,36 @@ and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.
 
 ## [Unreleased][unreleased]
 
+## [0.38.2] - 2026-05-18
+
+### Performance
+
+This is another juicy patch version with performance improvements made by [@preciz](https://github.com/preciz).
+
+* [Optimize multiple selectors deduping - #667](https://github.com/philss/floki/pull/667)
+* [Optimize DeepText by using plain recursion - #668](https://github.com/philss/floki/pull/668)
+* [Optimize get_descendant_ids by removing Enum.reverse calls - #669](https://github.com/philss/floki/pull/669)
+* [Optimize HTMLTree.to_tuple_list/1 using tail recursion - #670](https://github.com/philss/floki/pull/670)
+* [Optimize Floki.TextExtractor by removing Enum iterations - #675](https://github.com/philss/floki/pull/675)
+* [Simplify class attribute matching - #677](https://github.com/philss/floki/pull/677)
+* [Refactor attribute_values to use for comprehension with pattern matching - #679](https://github.com/philss/floki/pull/679)
+* [Optimize CSS class matching to avoid list subtraction - #680](https://github.com/philss/floki/pull/680)
+* [Optimize iodata by avoiding empty separators in DeepText and FlatText - #682](https://github.com/philss/floki/pull/682)
+* [Simplify HTMLTree.build/1 by avoiding redundant build_tree calls - #683](https://github.com/philss/floki/pull/683)
+* [Optimize Floki.text/2 by extracting text in a single pass - #684](https://github.com/philss/floki/pull/684)
+* [Optimize HTMLTree updates and deletions - #687](https://github.com/philss/floki/pull/687)
+* [Refactor attribute retrieval functions for a 1.2-1.5x speedup - #689](https://github.com/philss/floki/pull/689)
+* [Optimize case-insensitive attribute includes match - #690](https://github.com/philss/floki/pull/690)
+* [Optimize selector traversal - #611](https://github.com/philss/floki/pull/691)
+
+Please check the pull requests to see the improvements.
+
+### Fixed
+
+- Fix compiler warnings for the upcoming Elixir v1.20.
+- Fix typespecs of `Floki.attribute/3`.
+- Fix documentation for some functions.
+
 ## [0.38.1] - 2026-03-17
 
 ### Performance
@@ -920,7 +950,8 @@ of the parent element inside HTML.
 
 - Elixir version requirement from "~> 1.0.0" to ">= 1.0.0".
 
-[unreleased]: https://github.com/philss/floki/compare/v0.38.1...HEAD
+[unreleased]: https://github.com/philss/floki/compare/v0.38.2...HEAD
+[0.38.2]: https://github.com/philss/floki/compare/v0.38.1...v0.38.2
 [0.38.1]: https://github.com/philss/floki/compare/v0.38.0...v0.38.1
 [0.38.0]: https://github.com/philss/floki/compare/v0.37.1...v0.38.0
 [0.37.1]: https://github.com/philss/floki/compare/v0.37.0...v0.37.1
diff --git a/mix.exs b/mix.exs
index 8fbf7c08..a174cfd9 100644
--- a/mix.exs
+++ b/mix.exs
@@ -3,7 +3,7 @@ defmodule Floki.Mixfile do
 
   @description "Floki is a simple HTML parser that enables search for nodes using CSS selectors."
   @source_url "https://github.com/philss/floki"
-  @version "0.38.1"
+  @version "0.38.2"
 
   def project do
     [
@@ -11,7 +11,7 @@ defmodule Floki.Mixfile do
       name: "Floki",
       version: @version,
       description: @description,
-      elixir: "~> 1.16",
+      elixir: "~> 1.15",
       package: package(),
       erlc_paths: ["src", "gen"],
       compilers: [:leex | Mix.compilers()],