diff --git a/CHANGELOG.md b/CHANGELOG.md
index 656e193ec50399..88fcfff7452bcd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -27,7 +27,8 @@ release.
 </tr>
 <tr>
     <td valign="top">
-<b><a href="doc/changelogs/CHANGELOG_V8.md#8.8.0">8.8.0</a></b><br/>
+<b><a href="doc/changelogs/CHANGELOG_V8.md#8.8.1">8.8.1</a></b><br/>
+<a href="doc/changelogs/CHANGELOG_V8.md#8.8.0">8.8.0</a><br/>
 <a href="doc/changelogs/CHANGELOG_V8.md#8.7.0">8.7.0</a><br/>
 <a href="doc/changelogs/CHANGELOG_V8.md#8.6.0">8.6.0</a><br/>
 <a href="doc/changelogs/CHANGELOG_V8.md#8.5.0">8.5.0</a><br/>
diff --git a/doc/changelogs/CHANGELOG_V8.md b/doc/changelogs/CHANGELOG_V8.md
index 5c553ab1891744..f59758d1515380 100644
--- a/doc/changelogs/CHANGELOG_V8.md
+++ b/doc/changelogs/CHANGELOG_V8.md
@@ -6,6 +6,7 @@
 </tr>
 <tr>
 <td>
+<a href="#8.8.1">8.8.1</a><br/>
 <a href="#8.8.0">8.8.0</a><br/>
 <a href="#8.7.0">8.7.0</a><br/>
 <a href="#8.6.0">8.6.0</a><br/>
@@ -34,6 +35,30 @@
   * [io.js](CHANGELOG_IOJS.md)
   * [Archive](CHANGELOG_ARCHIVE.md)
 
+  <a id="8.8.1"></a>
+  ## 2017-10-25, Version 8.8.1 (Current), @cjihrig
+
+  ### Notable Changes
+
+  * **net**:
+    - Fix timeout with null handle issue. This is a regression in Node 8.8.0 [#16489](https://github.com/nodejs/node/pull/16489)
+
+  ### Commits
+
+  * [[`db8c92fb42`](https://github.com/nodejs/node/commit/db8c92fb42)] - **doc**: fix spelling in v8.8.0 changelog (Myles Borins) [#16477](https://github.com/nodejs/node/pull/16477)
+  * [[`c8396b8370`](https://github.com/nodejs/node/commit/c8396b8370)] - **doc**: remove loader hooks from unsupported features (Teppei Sato) [#16465](https://github.com/nodejs/node/pull/16465)
+  * [[`2b0bb57055`](https://github.com/nodejs/node/commit/2b0bb57055)] - **doc**: fix wrong URL (Jon Moss) [#16470](https://github.com/nodejs/node/pull/16470)
+  * [[`9ffc32974e`](https://github.com/nodejs/node/commit/9ffc32974e)] - **doc**: fix typo in changelog for 8.8.0 (Alec Perkins) [#16462](https://github.com/nodejs/node/pull/16462)
+  * [[`7facaa5031`](https://github.com/nodejs/node/commit/7facaa5031)] - **doc**: fix missing newline character (Daijiro Wachi) [#16447](https://github.com/nodejs/node/pull/16447)
+  * [[`16eb7d3a5f`](https://github.com/nodejs/node/commit/16eb7d3a5f)] - **doc**: fix doc styles (Daijiro Wachi) [#16385](https://github.com/nodejs/node/pull/16385)
+  * [[`99fdc1d04f`](https://github.com/nodejs/node/commit/99fdc1d04f)] - **doc**: add recommendations for first timers (Refael Ackermann) [#16350](https://github.com/nodejs/node/pull/16350)
+  * [[`6fbef7f350`](https://github.com/nodejs/node/commit/6fbef7f350)] - **doc**: fix typo in zlib.md (Luigi Pinca) [#16480](https://github.com/nodejs/node/pull/16480)
+  * [[`655e017e40`](https://github.com/nodejs/node/commit/655e017e40)] - **net**: fix timeout with null handle (Anatoli Papirovski) [#16489](https://github.com/nodejs/node/pull/16489)
+  * [[`7fad10cc7e`](https://github.com/nodejs/node/commit/7fad10cc7e)] - **test**: make test-v8-serdes work without stdin (Anna Henningsen)
+  * [[`12dc06e3e1`](https://github.com/nodejs/node/commit/12dc06e3e1)] - **test**: call toLowerCase on the resolved module (Daniel Bevenius) [#16486](https://github.com/nodejs/node/pull/16486)
+  * [[`10894c3835`](https://github.com/nodejs/node/commit/10894c3835)] - **test**: allow for different nsswitch.conf settings (Daniel Bevenius) [#16378](https://github.com/nodejs/node/pull/16378)
+  * [[`2a53165aa0`](https://github.com/nodejs/node/commit/2a53165aa0)] - **test**: add missing assertion (cjihrig) [#15519](https://github.com/nodejs/node/pull/15519)
+
 <a id="8.8.0"></a>
 ## 2017-10-24, Version 8.8.0 (Current), @MylesBorins
 
@@ -269,7 +294,7 @@
 * [[`8e2064f093`](https://github.com/nodejs/node/commit/8e2064f093)] - **test**: fix ordering of strictEqual actual/expected (Chad Zezula) [#16008](https://github.com/nodejs/node/pull/16008)
 * [[`b054a4e138`](https://github.com/nodejs/node/commit/b054a4e138)] - **test**: use fixtures.path instead of fixturesDir (Matthew Meyer) [#15984](https://github.com/nodejs/node/pull/15984)
 * [[`68bfde9fb9`](https://github.com/nodejs/node/commit/68bfde9fb9)] - **test**: fix test-esm-addons (Rich Trott) [#16174](https://github.com/nodejs/node/pull/16174)
-* [[`562d445999`](https://github.com/nodejs/node/commit/562d445999)] - **test**: use fixtures.readSync (szhang351) 
+* [[`562d445999`](https://github.com/nodejs/node/commit/562d445999)] - **test**: use fixtures.readSync (szhang351)
 * [[`1469eff8f6`](https://github.com/nodejs/node/commit/1469eff8f6)] - **test**: replaced fixturesDir with common.fixtures (Dolapo Toki) [#15836](https://github.com/nodejs/node/pull/15836)
 * [[`b463259efb`](https://github.com/nodejs/node/commit/b463259efb)] - **test**: use fixtures.fixturesDir (Gene Wu) [#15822](https://github.com/nodejs/node/pull/15822)
 * [[`1e0a55529f`](https://github.com/nodejs/node/commit/1e0a55529f)] - **test**: replaces fixturesDir with fixtures methods (Christian Murphy) [#15817](https://github.com/nodejs/node/pull/15817)
diff --git a/src/node_version.h b/src/node_version.h
index 5f3b9cd4e6fae9..4179e2c1414014 100644
--- a/src/node_version.h
+++ b/src/node_version.h
@@ -26,7 +26,7 @@
 #define NODE_MINOR_VERSION 8
 #define NODE_PATCH_VERSION 1
 
-#define NODE_VERSION_IS_RELEASE 0
+#define NODE_VERSION_IS_RELEASE 1
 
 #ifndef NODE_STRINGIFY
 #define NODE_STRINGIFY(n) NODE_STRINGIFY_HELPER(n)