diff --git a/CHANGELOG.md b/CHANGELOG.md
index d81e4ede34..f8bc73a5ff 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,7 @@ See the [releases page](https://github.com/github/codeql-action/releases) for th
 ## [UNRELEASED]
 
 - _Upcoming breaking change_: CodeQL version 2.21.2 and earlier were discontinued on 24 September 2026 alongside GitHub Enterprise Server 3.17, and will be unsupported by the next minor release of the CodeQL Action. Added a deprecation warning for customers using these versions of CodeQL. [#4188](https://github.com/github/codeql-action/pull/4188)
+- Update default CodeQL bundle version to [2.27.2](https://github.com/github/codeql-action/releases/tag/codeql-bundle-v2.27.2). [#4203](https://github.com/github/codeql-action/pull/4203)
 
 ## 4.38.2 - 24 Sept 2026
 
diff --git a/lib/defaults.json b/lib/defaults.json
index e201dfd79e..71decd839b 100644
--- a/lib/defaults.json
+++ b/lib/defaults.json
@@ -1,6 +1,6 @@
 {
-  "bundleVersion": "codeql-bundle-v2.27.1",
-  "cliVersion": "2.27.1",
-  "priorBundleVersion": "codeql-bundle-v2.27.0",
-  "priorCliVersion": "2.27.0"
+  "bundleVersion": "codeql-bundle-v2.27.2",
+  "cliVersion": "2.27.2",
+  "priorBundleVersion": "codeql-bundle-v2.27.1",
+  "priorCliVersion": "2.27.1"
 }
diff --git a/lib/entry-points.js b/lib/entry-points.js
index 9acda9cffc..93084ea9be 100644
--- a/lib/entry-points.js
+++ b/lib/entry-points.js
@@ -171723,8 +171723,8 @@ var path6 = __toESM(require("path"));
 var semver4 = __toESM(require_semver2());
 
 // src/defaults.json
-var bundleVersion = "codeql-bundle-v2.27.1";
-var cliVersion = "2.27.1";
+var bundleVersion = "codeql-bundle-v2.27.2";
+var cliVersion = "2.27.2";
 
 // src/overlay/index.ts
 var fs5 = __toESM(require("fs"));
diff --git a/src/defaults.json b/src/defaults.json
index e201dfd79e..71decd839b 100644
--- a/src/defaults.json
+++ b/src/defaults.json
@@ -1,6 +1,6 @@
 {
-  "bundleVersion": "codeql-bundle-v2.27.1",
-  "cliVersion": "2.27.1",
-  "priorBundleVersion": "codeql-bundle-v2.27.0",
-  "priorCliVersion": "2.27.0"
+  "bundleVersion": "codeql-bundle-v2.27.2",
+  "cliVersion": "2.27.2",
+  "priorBundleVersion": "codeql-bundle-v2.27.1",
+  "priorCliVersion": "2.27.1"
 }