diff --git a/CHANGELOG.md b/CHANGELOG.md
index f11556f8cb8..6465b46a141 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,10 @@
 # Changelog
 
-## Unreleased
+## 0.18.0
+
+**This release deliberately contains backwards-incompatible changes.** To avoid automatically picking up releases like this, you should either be pinning the exact version of `esbuild` in your `package.json` file (recommended) or be using a version range syntax that only accepts patch upgrades such as `^0.17.0` or `~0.17.0`. See npm's documentation about [semver](https://docs.npmjs.com/cli/v6/using-npm/semver/) for more information.
+
+The breaking changes in this release mainly focus on fixing some long-standing issues with esbuild's handling of `tsconfig.json` files. Here are all the changes in this release, in detail:
 
 * Add a way to try esbuild online ([#797](https://github.com/evanw/esbuild/issues/797))
 
diff --git a/cmd/esbuild/version.go b/cmd/esbuild/version.go
index 450942dbaa6..945973b1c89 100644
--- a/cmd/esbuild/version.go
+++ b/cmd/esbuild/version.go
@@ -1,3 +1,3 @@
 package main
 
-const esbuildVersion = "0.17.19"
+const esbuildVersion = "0.18.0"
diff --git a/npm/@esbuild/android-arm/package.json b/npm/@esbuild/android-arm/package.json
index 40249f312a6..6560cf6ed84 100644
--- a/npm/@esbuild/android-arm/package.json
+++ b/npm/@esbuild/android-arm/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/android-arm",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "A WebAssembly shim for esbuild on Android ARM.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/android-arm64/package.json b/npm/@esbuild/android-arm64/package.json
index 336dfd61efe..8f96647766b 100644
--- a/npm/@esbuild/android-arm64/package.json
+++ b/npm/@esbuild/android-arm64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/android-arm64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The Android ARM 64-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/android-x64/package.json b/npm/@esbuild/android-x64/package.json
index 0a2a030d292..5ef8cc1d639 100644
--- a/npm/@esbuild/android-x64/package.json
+++ b/npm/@esbuild/android-x64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/android-x64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "A WebAssembly shim for esbuild on Android x64.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/darwin-arm64/package.json b/npm/@esbuild/darwin-arm64/package.json
index b5191a267a5..ce565ca3ce1 100644
--- a/npm/@esbuild/darwin-arm64/package.json
+++ b/npm/@esbuild/darwin-arm64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/darwin-arm64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The macOS ARM 64-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/darwin-x64/package.json b/npm/@esbuild/darwin-x64/package.json
index 3b39e8c2aa2..2373dedb7c9 100644
--- a/npm/@esbuild/darwin-x64/package.json
+++ b/npm/@esbuild/darwin-x64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/darwin-x64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The macOS 64-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/freebsd-arm64/package.json b/npm/@esbuild/freebsd-arm64/package.json
index a24c372d641..7c97df65b8e 100644
--- a/npm/@esbuild/freebsd-arm64/package.json
+++ b/npm/@esbuild/freebsd-arm64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/freebsd-arm64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The FreeBSD ARM 64-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/freebsd-x64/package.json b/npm/@esbuild/freebsd-x64/package.json
index 225fbbfc840..8449c1dc042 100644
--- a/npm/@esbuild/freebsd-x64/package.json
+++ b/npm/@esbuild/freebsd-x64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/freebsd-x64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The FreeBSD 64-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/linux-arm/package.json b/npm/@esbuild/linux-arm/package.json
index 73a8bf139b1..fe6505b0375 100644
--- a/npm/@esbuild/linux-arm/package.json
+++ b/npm/@esbuild/linux-arm/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/linux-arm",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The Linux ARM binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/linux-arm64/package.json b/npm/@esbuild/linux-arm64/package.json
index e7e9ef72de2..278ad52d473 100644
--- a/npm/@esbuild/linux-arm64/package.json
+++ b/npm/@esbuild/linux-arm64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/linux-arm64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The Linux ARM 64-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/linux-ia32/package.json b/npm/@esbuild/linux-ia32/package.json
index 0cbbe292395..90b171198cf 100644
--- a/npm/@esbuild/linux-ia32/package.json
+++ b/npm/@esbuild/linux-ia32/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/linux-ia32",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The Linux 32-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/linux-loong64/package.json b/npm/@esbuild/linux-loong64/package.json
index ec564da35a8..55a2b3d1acf 100644
--- a/npm/@esbuild/linux-loong64/package.json
+++ b/npm/@esbuild/linux-loong64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/linux-loong64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The Linux LoongArch 64-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/linux-mips64el/package.json b/npm/@esbuild/linux-mips64el/package.json
index 5291aeef5a3..8afbd079dc7 100644
--- a/npm/@esbuild/linux-mips64el/package.json
+++ b/npm/@esbuild/linux-mips64el/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/linux-mips64el",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The Linux MIPS 64-bit Little Endian binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/linux-ppc64/package.json b/npm/@esbuild/linux-ppc64/package.json
index aa11a8fba13..ef2017105f9 100644
--- a/npm/@esbuild/linux-ppc64/package.json
+++ b/npm/@esbuild/linux-ppc64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/linux-ppc64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The Linux PowerPC 64-bit Little Endian binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/linux-riscv64/package.json b/npm/@esbuild/linux-riscv64/package.json
index f8b220d0526..8d6b0b9fe12 100644
--- a/npm/@esbuild/linux-riscv64/package.json
+++ b/npm/@esbuild/linux-riscv64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/linux-riscv64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The Linux RISC-V 64-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/linux-s390x/package.json b/npm/@esbuild/linux-s390x/package.json
index 4bb513131ee..012ba3df4ea 100644
--- a/npm/@esbuild/linux-s390x/package.json
+++ b/npm/@esbuild/linux-s390x/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/linux-s390x",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The Linux IBM Z 64-bit Big Endian binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/linux-x64/package.json b/npm/@esbuild/linux-x64/package.json
index 44ecfadfbd7..e0c5d590a62 100644
--- a/npm/@esbuild/linux-x64/package.json
+++ b/npm/@esbuild/linux-x64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/linux-x64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The Linux 64-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/netbsd-x64/package.json b/npm/@esbuild/netbsd-x64/package.json
index ea9934bebbd..28cb7bf89bf 100644
--- a/npm/@esbuild/netbsd-x64/package.json
+++ b/npm/@esbuild/netbsd-x64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/netbsd-x64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The NetBSD AMD64 binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/openbsd-x64/package.json b/npm/@esbuild/openbsd-x64/package.json
index 7cdd6dabc16..0d1d548440f 100644
--- a/npm/@esbuild/openbsd-x64/package.json
+++ b/npm/@esbuild/openbsd-x64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/openbsd-x64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The OpenBSD 64-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/sunos-x64/package.json b/npm/@esbuild/sunos-x64/package.json
index 9e8b815ccbf..c6dac5a1164 100644
--- a/npm/@esbuild/sunos-x64/package.json
+++ b/npm/@esbuild/sunos-x64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/sunos-x64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The illumos 64-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/win32-arm64/package.json b/npm/@esbuild/win32-arm64/package.json
index 5d952955be6..46c08823dfb 100644
--- a/npm/@esbuild/win32-arm64/package.json
+++ b/npm/@esbuild/win32-arm64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/win32-arm64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The Windows ARM 64-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/win32-ia32/package.json b/npm/@esbuild/win32-ia32/package.json
index 28396493552..1883fec3d58 100644
--- a/npm/@esbuild/win32-ia32/package.json
+++ b/npm/@esbuild/win32-ia32/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/win32-ia32",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The Windows 32-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/@esbuild/win32-x64/package.json b/npm/@esbuild/win32-x64/package.json
index 3d313c24bfa..46b71d3efac 100644
--- a/npm/@esbuild/win32-x64/package.json
+++ b/npm/@esbuild/win32-x64/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@esbuild/win32-x64",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The Windows 64-bit binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/esbuild-wasm/package.json b/npm/esbuild-wasm/package.json
index 6cfc7be5a7c..4ed1e64a924 100644
--- a/npm/esbuild-wasm/package.json
+++ b/npm/esbuild-wasm/package.json
@@ -1,6 +1,6 @@
 {
   "name": "esbuild-wasm",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "The cross-platform WebAssembly binary for esbuild, a JavaScript bundler.",
   "repository": "https://github.com/evanw/esbuild",
   "license": "MIT",
diff --git a/npm/esbuild/package.json b/npm/esbuild/package.json
index 13d3d729532..84ac2307666 100644
--- a/npm/esbuild/package.json
+++ b/npm/esbuild/package.json
@@ -1,6 +1,6 @@
 {
   "name": "esbuild",
-  "version": "0.17.19",
+  "version": "0.18.0",
   "description": "An extremely fast JavaScript and CSS bundler and minifier.",
   "repository": "https://github.com/evanw/esbuild",
   "scripts": {
@@ -15,28 +15,28 @@
     "esbuild": "bin/esbuild"
   },
   "optionalDependencies": {
-    "@esbuild/android-arm": "0.17.19",
-    "@esbuild/android-arm64": "0.17.19",
-    "@esbuild/android-x64": "0.17.19",
-    "@esbuild/darwin-arm64": "0.17.19",
-    "@esbuild/darwin-x64": "0.17.19",
-    "@esbuild/freebsd-arm64": "0.17.19",
-    "@esbuild/freebsd-x64": "0.17.19",
-    "@esbuild/linux-arm": "0.17.19",
-    "@esbuild/linux-arm64": "0.17.19",
-    "@esbuild/linux-ia32": "0.17.19",
-    "@esbuild/linux-loong64": "0.17.19",
-    "@esbuild/linux-mips64el": "0.17.19",
-    "@esbuild/linux-ppc64": "0.17.19",
-    "@esbuild/linux-riscv64": "0.17.19",
-    "@esbuild/linux-s390x": "0.17.19",
-    "@esbuild/linux-x64": "0.17.19",
-    "@esbuild/netbsd-x64": "0.17.19",
-    "@esbuild/openbsd-x64": "0.17.19",
-    "@esbuild/sunos-x64": "0.17.19",
-    "@esbuild/win32-arm64": "0.17.19",
-    "@esbuild/win32-ia32": "0.17.19",
-    "@esbuild/win32-x64": "0.17.19"
+    "@esbuild/android-arm": "0.18.0",
+    "@esbuild/android-arm64": "0.18.0",
+    "@esbuild/android-x64": "0.18.0",
+    "@esbuild/darwin-arm64": "0.18.0",
+    "@esbuild/darwin-x64": "0.18.0",
+    "@esbuild/freebsd-arm64": "0.18.0",
+    "@esbuild/freebsd-x64": "0.18.0",
+    "@esbuild/linux-arm": "0.18.0",
+    "@esbuild/linux-arm64": "0.18.0",
+    "@esbuild/linux-ia32": "0.18.0",
+    "@esbuild/linux-loong64": "0.18.0",
+    "@esbuild/linux-mips64el": "0.18.0",
+    "@esbuild/linux-ppc64": "0.18.0",
+    "@esbuild/linux-riscv64": "0.18.0",
+    "@esbuild/linux-s390x": "0.18.0",
+    "@esbuild/linux-x64": "0.18.0",
+    "@esbuild/netbsd-x64": "0.18.0",
+    "@esbuild/openbsd-x64": "0.18.0",
+    "@esbuild/sunos-x64": "0.18.0",
+    "@esbuild/win32-arm64": "0.18.0",
+    "@esbuild/win32-ia32": "0.18.0",
+    "@esbuild/win32-x64": "0.18.0"
   },
   "license": "MIT"
 }
diff --git a/version.txt b/version.txt
index 530ec3d0240..66333910a4b 100644
--- a/version.txt
+++ b/version.txt
@@ -1 +1 @@
-0.17.19
+0.18.0