diff --git a/.github/workflows/check-onemath.yaml b/.github/workflows/check-onemath.yaml
index 426640e02d32..1387f7297535 100644
--- a/.github/workflows/check-onemath.yaml
+++ b/.github/workflows/check-onemath.yaml
@@ -70,7 +70,7 @@ jobs:
     strategy:
       fail-fast: false
       matrix:
-        python: ['3.13']
+        python: ['3.13'] # no dpctl package on PyPI with enabled python 3.14 support
         os: [ubuntu-22.04] # windows-2022 - no DFT support for Windows in oneMKL
 
     runs-on: ${{ matrix.os }}
@@ -161,7 +161,7 @@ jobs:
     strategy:
       fail-fast: false
       matrix:
-        python: ['3.13']
+        python: ['3.13'] # no dpctl package on PyPI with enabled python 3.14 support
         os: [ubuntu-22.04] # windows-2022 - no DFT support for Windows in oneMKL
 
     runs-on: ${{ matrix.os }}
diff --git a/.github/workflows/conda-package.yml b/.github/workflows/conda-package.yml
index 099b61a34ade..8c6deeb9735f 100644
--- a/.github/workflows/conda-package.yml
+++ b/.github/workflows/conda-package.yml
@@ -16,7 +16,7 @@ env:
   ver-script-part1: "import json; f = open('version.json', 'r'); j = json.load(f); f.close(); "
   ver-script-part2: "d = j['dpnp'][0]; print('='.join((d[s] for s in ('version', 'build'))))"
   fetch-depth: 1
-  python-ver-test-all-dtypes: '3.13'
+  python-ver-test-all-dtypes: '3.14'
   test-env-name: 'test'
   rerun-tests-on-failure: 'true'
   rerun-tests-max-attempts: 2
@@ -29,7 +29,7 @@ jobs:
     strategy:
       fail-fast: false
       matrix:
-        python: ['3.10', '3.11', '3.12', '3.13']
+        python: ['3.10', '3.11', '3.12', '3.13', '3.14']
         os: [ubuntu-22.04, windows-2022]
 
     permissions:
@@ -128,7 +128,7 @@ jobs:
     strategy:
       fail-fast: false
       matrix:
-        python: ['3.10', '3.11', '3.12', '3.13']
+        python: ['3.10', '3.11', '3.12', '3.13', '3.14']
         os: [ubuntu-latest]
 
     env:
@@ -261,7 +261,7 @@ jobs:
     strategy:
       fail-fast: false
       matrix:
-        python: ['3.10', '3.11', '3.12', '3.13']
+        python: ['3.10', '3.11', '3.12', '3.13', '3.14']
         os: [windows-2022]
 
     env:
@@ -410,7 +410,7 @@ jobs:
     strategy:
       fail-fast: false
       matrix:
-        python: ['3.10', '3.11', '3.12', '3.13']
+        python: ['3.10', '3.11', '3.12', '3.13', '3.14']
         os: [ubuntu-22.04, windows-2022]
 
     runs-on: ${{ matrix.os }}
diff --git a/.github/workflows/cron-run-tests.yaml b/.github/workflows/cron-run-tests.yaml
index 2acee9bdcf17..d13048cc28d0 100644
--- a/.github/workflows/cron-run-tests.yaml
+++ b/.github/workflows/cron-run-tests.yaml
@@ -38,7 +38,7 @@ jobs:
     strategy:
       fail-fast: false
       matrix:
-        python: ['3.10', '3.11', '3.12', '3.13']
+        python: ['3.10', '3.11', '3.12', '3.13', '3.14']
         runner: [ubuntu-22.04, ubuntu-24.04, windows-2022]
 
     steps:
diff --git a/.github/workflows/pre-commit-autoupdate.yml b/.github/workflows/pre-commit-autoupdate.yml
index aef5e16daad1..d8f2cdd0a3ca 100644
--- a/.github/workflows/pre-commit-autoupdate.yml
+++ b/.github/workflows/pre-commit-autoupdate.yml
@@ -29,7 +29,7 @@ jobs:
       - name: Set up python
         uses: actions/setup-python@e797f83bcb11b83ae66e0230d6156d7c80228e7c # v6.0.0
         with:
-          python-version: '3.13'
+          python-version: '3.14'
 
       - name: Install pre-commit
         run: pip install pre-commit
diff --git a/.github/workflows/pre-commit.yml b/.github/workflows/pre-commit.yml
index d1d2dbbae21a..f46438c88eb6 100644
--- a/.github/workflows/pre-commit.yml
+++ b/.github/workflows/pre-commit.yml
@@ -38,7 +38,7 @@ jobs:
       - name: Set up python
         uses: actions/setup-python@e797f83bcb11b83ae66e0230d6156d7c80228e7c # v6.0.0
         with:
-          python-version: '3.13'
+          python-version: '3.14'
 
       - name: Run pre-commit checks
         uses: pre-commit/action@2c7b3805fd2a0fd8c1884dcaebf91fc102a13ecd # v3.0.1
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8aa098af70cb..3714735c9ba0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,7 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 ## [0.20.0] - MM/DD/2026
 
 This release changes the license from `BSD-2-Clause` to `BSD-3-Clause`.
-The release drops support for Python 3.9, making Python 3.10 the minimum required version.
+This release achieves `dpnp` compatibility with Python 3.14 and enables distributing `dpnp` packages with the latest Python version.
+Also, that release drops support for Python 3.9, making Python 3.10 the minimum required version.
 
 ### Added
 
@@ -16,6 +17,7 @@ The release drops support for Python 3.9, making Python 3.10 the minimum require
 * Added `dpnp.exceptions` submodule to aggregate the generic exceptions used by dpnp [#2616](https://github.com/IntelPython/dpnp/pull/2616)
 * Added implementation of `dpnp.scipy.special.erfcx` [#2596](https://github.com/IntelPython/dpnp/pull/2596)
 * Added implementation of `dpnp.scipy.special.erfinv` and `dpnp.scipy.special.erfcinv` [#2624](https://github.com/IntelPython/dpnp/pull/2624)
+* Enabled support of Python 3.14 [#2631](https://github.com/IntelPython/dpnp/pull/2631)
 
 ### Changed
 
diff --git a/conda-recipe/meta.yaml b/conda-recipe/meta.yaml
index 5fe753fadcee..2fd55e07eb4b 100644
--- a/conda-recipe/meta.yaml
+++ b/conda-recipe/meta.yaml
@@ -14,6 +14,7 @@ source:
 requirements:
     host:
       - python
+      - python-gil     # [py>=314]
       - pip >=25.0
       - pybind11 >=2.13.6
       {% for dep in py_build_deps %}
@@ -41,6 +42,7 @@ requirements:
       - {{ compiler('dpcpp') }} >={{ required_compiler_and_mkl_version }},<{{ max_compiler_and_mkl_version }}
     run:
       - python
+      - python-gil     # [py>=314]
       - {{ pin_compatible('dpctl', min_pin='x.x.x', max_pin=None) }}
       - {{ pin_compatible('dpcpp-cpp-rt', min_pin='x.x', max_pin='x') }}
       - {{ pin_compatible('onemkl-sycl-blas', min_pin='x.x', max_pin='x') }}
@@ -63,7 +65,7 @@ test:
     requires:
       - pytest
       - setuptools
-      - scipy
+      - scipy # [py<314]
 
 about:
     home: https://github.com/IntelPython/dpnp
diff --git a/doc/quick_start_guide.rst b/doc/quick_start_guide.rst
index a68671f676fa..92c506c0fd81 100644
--- a/doc/quick_start_guide.rst
+++ b/doc/quick_start_guide.rst
@@ -24,7 +24,7 @@ Follow device driver installation instructions to complete the step.
 Python Interpreter
 ==================
 
-You will need Python 3.10, 3.11, 3.12 or 3.13 installed on your system. If you
+You will need Python 3.10, 3.11, 3.12, 3.13 or 3.14 installed on your system. If you
 do not have one yet the easiest way to do that is to install
 `Intel Distribution for Python*`_. It installs all essential Python numerical
 and machine learning packages optimized for the Intel hardware, including
diff --git a/environments/build_conda_pkg.yml b/environments/build_conda_pkg.yml
index cb41f4528fac..face05ec635c 100644
--- a/environments/build_conda_pkg.yml
+++ b/environments/build_conda_pkg.yml
@@ -2,5 +2,5 @@ name: Build DPNP conda package
 channels:
   - conda-forge
 dependencies:
-  - python=3.13
+  - python=3.13 # no python 3.14 support by conda-build
   - conda-build=25.9.0
diff --git a/environments/building_docs.yml b/environments/building_docs.yml
index f2df72a85ece..0857dd8431ba 100644
--- a/environments/building_docs.yml
+++ b/environments/building_docs.yml
@@ -2,7 +2,7 @@ name: Building docs specific packages
 channels:
   - conda-forge
 dependencies:
-  - python=3.13
+  - python=3.13 # no dpctl package on PyPI with enabled python 3.14 support
   - cupy
   - sphinx
   - sphinx_rtd_theme
diff --git a/environments/create_conda_channel.yml b/environments/create_conda_channel.yml
index 2ee38e720f9c..aa136bc2dec8 100644
--- a/environments/create_conda_channel.yml
+++ b/environments/create_conda_channel.yml
@@ -2,5 +2,5 @@ name: Create conda channel with DPNP package
 channels:
   - conda-forge
 dependencies:
-  - python=3.13
+  - python=3.13 # no python 3.14 support by conda-index
   - conda-index=0.7.0
diff --git a/pyproject.toml b/pyproject.toml
index 68a54aa095e6..62c4dca14b63 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -31,6 +31,7 @@ classifiers = [
   "Programming Language :: Python :: 3.11",
   "Programming Language :: Python :: 3.12",
   "Programming Language :: Python :: 3.13",
+  "Programming Language :: Python :: 3.14",
   "Programming Language :: Python :: 3 :: Only",
   "Programming Language :: Python :: Implementation :: CPython",
   "Topic :: Software Development",
@@ -70,7 +71,7 @@ license-files = ["LICENSE.txt"]
 maintainers = [{name = "Intel Corporation"}]
 name = "dpnp"
 readme = {file = "README.md", content-type = "text/markdown"}
-requires-python = ">=3.10,<3.14"
+requires-python = ">=3.10,<3.15"
 
 [project.optional-dependencies]
 coverage = [
@@ -102,7 +103,7 @@ Repository = "https://github.com/IntelPython/dpnp.git"
 
 [tool.black]
 line-length = 80
-target-version = ['py310', 'py311', 'py312', 'py313']
+target-version = ['py310', 'py311', 'py312', 'py313', 'py314']
 
 [tool.codespell]
 builtin = "clear,rare,informal,names"