diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0ee662b0c6..5497801598 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,22 @@
+<a name="12.2.0-next.3"></a>
+# 12.2.0-next.3 (2021-07-21)
+### animations
+| Commit | Description |
+| -- | -- |
+| [f12c53342c](https://github.com/angular/angular/commit/f12c53342c433eb8ef5650c78f0115f82f5b1567) | fix(animations): normalize final styles in buildStyles ([#42763](https://github.com/angular/angular/pull/42763)) |
+### compiler-cli
+| Commit | Description |
+| -- | -- |
+| [70c3461be3](https://github.com/angular/angular/commit/70c3461be38765efedac1e4c5dd1156023a29690) | fix(compiler-cli): use correct module import for types behind a `forwardRef` ([#42887](https://github.com/angular/angular/pull/42887)) |
+| [07d7e6034f](https://github.com/angular/angular/commit/07d7e6034f2a9adae643b3a8e64e2cc794596c8c) | perf(compiler-cli): optimize cycle detection using a persistent cache ([#41271](https://github.com/angular/angular/pull/41271)) |
+### core
+| Commit | Description |
+| -- | -- |
+| [307dac67bc](https://github.com/angular/angular/commit/307dac67bc933ab3b017333b3085af8fba8193dc) | fix(core): use correct injector when resolving DI tokens from within a directive provider factory ([#42886](https://github.com/angular/angular/pull/42886)) |
+## Special Thanks:
+Alan Agius, Alex Rickabaugh, David Shevitz, George Kalpakas, Joey Perrott, JoostK, Krzysztof Kotowicz, Minko Gechev, Paul Gschwendtner and dario-piotrowicz
+
+
 <a name="12.1.3"></a>
 # 12.1.3 (2021-07-21)
 ### animations
diff --git a/package.json b/package.json
index eff8d96565..b78ab3d4db 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "angular-srcs",
-  "version": "12.2.0-next.2",
+  "version": "12.2.0-next.3",
   "private": true,
   "description": "Angular - a web framework for modern web apps",
   "homepage": "https://github.com/angular/angular",