diff --git a/CHANGELOG.md b/CHANGELOG.md
index 715ee391..4fd7cfbd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,18 @@
 # Optimizely Python SDK Changelog
 
+## 5.6.0
+May 4, 2026
+
+### New Features
+
+**Feature Rollout**: Added support for Feature Rollouts, a new experiment type
+combining Targeted Delivery simplicity with A/B test measurement capabilities.
+Feature Rollouts enable progressive rollouts with full impact analytics, metric tracking,
+and confidence intervals.
+See [Feature Rollout docs](https://support.optimizely.com/hc/en-us/articles/45552846481037-Run-Feature-Rollouts-in-Feature-Experimentation) for more information.
+
+---
+
 ## 5.5.0
 April 30th, 2026
 
diff --git a/optimizely/version.py b/optimizely/version.py
index 85bb307e..d9d9718e 100644
--- a/optimizely/version.py
+++ b/optimizely/version.py
@@ -11,5 +11,5 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-version_info = (5, 5, 0)
+version_info = (5, 6, 0)
 __version__ = '.'.join(str(v) for v in version_info)