diff --git a/setup.py b/setup.py
index c20939270f2ea..06f5a41f7fcd4 100644
--- a/setup.py
+++ b/setup.py
@@ -28,7 +28,7 @@
 project_name = os.getenv('PROJECT_NAME', 'taichi')
 TI_VERSION_MAJOR = 0
 TI_VERSION_MINOR = 7
-TI_VERSION_PATCH = 26
+TI_VERSION_PATCH = 27
 version = f'{TI_VERSION_MAJOR}.{TI_VERSION_MINOR}.{TI_VERSION_PATCH}'
 
 data_files = glob.glob('python/lib/*')