diff --git a/CHANGELOG.md b/CHANGELOG.md
index 262305235..0e27ae48c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,14 @@
-## 1.85.2-dev
+## 1.86.0
+
+* Add support for `%` as an expression in its own right. It will still be parsed
+  as the modulo operator when between two other expressions, but in any other
+  context it will be an expression whose value is the unquoted string `%`.
+
+* Consider `attr()` to be a special number function that can be used as a
+  channel in color functions.
+
+* Deprecate user-defined functions named `type()` so that we can eventually
+  support the new CSS `type()` function.
 
 ### Dart API
 
diff --git a/lib/src/deprecation.dart b/lib/src/deprecation.dart
index dff00aab5..db1789ac7 100644
--- a/lib/src/deprecation.dart
+++ b/lib/src/deprecation.dart
@@ -15,7 +15,7 @@ enum Deprecation {
   // DO NOT EDIT. This section was generated from the language repo.
   // See tool/grind/generate_deprecations.dart for details.
   //
-  // Checksum: 47c97f7824eb25d7f1e64e3230938b88330d40b4
+  // Checksum: 3639e60773866019c018ae16267c8f23e4df86cf
 
   /// Deprecation for passing a string directly to meta.call().
   callString(
@@ -166,6 +166,13 @@ enum Deprecation {
         'Global built-in functions that are available in sass: modules.',
   ),
 
+  /// Deprecation for functions named "type".
+  typeFunction(
+    'type-function',
+    deprecatedIn: '1.86.0',
+    description: 'Functions named "type".',
+  ),
+
   // END AUTOGENERATED CODE
 
   /// Used for deprecations coming from user-authored code.
diff --git a/lib/src/parse/stylesheet.dart b/lib/src/parse/stylesheet.dart
index 62cc99eba..ae02a7598 100644
--- a/lib/src/parse/stylesheet.dart
+++ b/lib/src/parse/stylesheet.dart
@@ -923,11 +923,20 @@ abstract class StylesheetParser extends Parser {
         deprecation: Deprecation.cssFunctionMixin,
         message:
             'Sass @function names beginning with -- are deprecated for forward-'
-            'compatibility with plain CSS mixins.\n'
+            'compatibility with plain CSS functions.\n'
             '\n'
             'For details, see https://sass-lang.com/d/css-function-mixin',
         span: scanner.spanFrom(beforeName),
       ));
+    } else if (equalsIgnoreCase(name, 'type')) {
+      warnings.add((
+        deprecation: Deprecation.typeFunction,
+        message: 'Sass @functions named "type" are deprecated for forward-'
+            'compatibility with the plain CSS type() function.\n'
+            '\n'
+            'For details, see https://sass-lang.com/d/type-function',
+        span: scanner.spanFrom(beforeName),
+      ));
     }
 
     whitespace(consumeNewlines: true);
@@ -2079,7 +2088,6 @@ abstract class StylesheetParser extends Parser {
           operators.last.precedence >= operator.precedence) {
         resolveOneOperation();
       }
-      operators.add(operator);
 
       var singleExpression = singleExpression_;
       if (singleExpression == null) {
@@ -2089,9 +2097,16 @@ abstract class StylesheetParser extends Parser {
           length: operator.operator.length,
         );
       }
-      operands.add(singleExpression);
       whitespace(consumeNewlines: true);
-      singleExpression_ = _singleExpression();
+
+      if (operator == BinaryOperator.modulo && !_lookingAtExpression()) {
+        addSingleExpression(StringExpression.plain(
+            '%', scanner.spanFromPosition(scanner.position - 1)));
+      } else {
+        operators.add(operator);
+        operands.add(singleExpression);
+        singleExpression_ = _singleExpression();
+      }
     }
 
     void resolveSpaceExpressions() {
@@ -2353,6 +2368,7 @@ abstract class StylesheetParser extends Parser {
         $plus => _plusExpression(),
         $minus => _minusExpression(),
         $exclamation => _importantExpression(),
+        $percent => _percentExpression(),
         // dart-lang/sdk#52740
         // ignore: non_constant_relational_pattern_expression
         $u || $U when scanner.peekChar(1) == $plus => _unicodeRange(),
@@ -2553,6 +2569,15 @@ abstract class StylesheetParser extends Parser {
     return StringExpression.plain("!important", scanner.spanFrom(start));
   }
 
+  /// Consumes a `%` expression.
+  Expression _percentExpression() {
+    assert(scanner.peekChar() == $percent);
+
+    var start = scanner.state;
+    scanner.readChar();
+    return StringExpression.plain("%", scanner.spanFrom(start));
+  }
+
   /// Consumes a unary operation expression.
   UnaryOperationExpression _unaryOperation() {
     var start = scanner.state;
@@ -3799,6 +3824,7 @@ abstract class StylesheetParser extends Parser {
         $backslash ||
         $dollar ||
         $ampersand ||
+        $percent ||
         int(isNameStart: true) ||
         int(isDigit: true) =>
           true,
diff --git a/lib/src/value/string.dart b/lib/src/value/string.dart
index 164db2e24..1652bfeed 100644
--- a/lib/src/value/string.dart
+++ b/lib/src/value/string.dart
@@ -71,6 +71,10 @@ class SassString extends Value {
     if (text.length < "min(_)".length) return false;
 
     return switch (text.codeUnitAt(0)) {
+      $a || $A => equalsLetterIgnoreCase($t, text.codeUnitAt(1)) &&
+          equalsLetterIgnoreCase($t, text.codeUnitAt(2)) &&
+          equalsLetterIgnoreCase($r, text.codeUnitAt(3)) &&
+          text.codeUnitAt(4) == $lparen,
       $c || $C => switch (text.codeUnitAt(1)) {
           $l || $L => equalsLetterIgnoreCase($a, text.codeUnitAt(2)) &&
               equalsLetterIgnoreCase($m, text.codeUnitAt(3)) &&
diff --git a/pkg/sass-parser/CHANGELOG.md b/pkg/sass-parser/CHANGELOG.md
index 086099478..0bf7bf97c 100644
--- a/pkg/sass-parser/CHANGELOG.md
+++ b/pkg/sass-parser/CHANGELOG.md
@@ -1,4 +1,4 @@
-## 0.4.16-dev
+## 0.4.16
 
 * Use union types rather than base classes for Sass nodes wherever possible.
   This makes it possible for TypeScript to automatically narrow node types based
diff --git a/pkg/sass-parser/package.json b/pkg/sass-parser/package.json
index 95ed2fa39..ad1dfd53a 100644
--- a/pkg/sass-parser/package.json
+++ b/pkg/sass-parser/package.json
@@ -1,6 +1,6 @@
 {
   "name": "sass-parser",
-  "version": "0.4.16-dev",
+  "version": "0.4.16",
   "description": "A PostCSS-compatible wrapper of the official Sass parser",
   "repository": "sass/sass",
   "author": "Google Inc.",
diff --git a/pkg/sass_api/CHANGELOG.md b/pkg/sass_api/CHANGELOG.md
index 0c550d685..e4fe10e4b 100644
--- a/pkg/sass_api/CHANGELOG.md
+++ b/pkg/sass_api/CHANGELOG.md
@@ -1,4 +1,4 @@
-## 15.2.2-dev
+## 15.3.0
 
 * No user-visible changes.
 
diff --git a/pkg/sass_api/pubspec.yaml b/pkg/sass_api/pubspec.yaml
index 160bb9d81..2e3e37a27 100644
--- a/pkg/sass_api/pubspec.yaml
+++ b/pkg/sass_api/pubspec.yaml
@@ -2,7 +2,7 @@ name: sass_api
 # Note: Every time we add a new Sass AST node, we need to bump the *major*
 # version because it's a breaking change for anyone who's implementing the
 # visitor interface(s).
-version: 15.2.2-dev
+version: 15.3.0
 description: Additional APIs for Dart Sass.
 homepage: https://github.com/sass/dart-sass
 
@@ -10,7 +10,7 @@ environment:
   sdk: ">=3.6.0 <4.0.0"
 
 dependencies:
-  sass: 1.85.2
+  sass: 1.86.0
 
 dev_dependencies:
   dartdoc: ^8.0.14
diff --git a/pubspec.yaml b/pubspec.yaml
index b1a35148c..36cd1aefa 100644
--- a/pubspec.yaml
+++ b/pubspec.yaml
@@ -1,5 +1,5 @@
 name: sass
-version: 1.85.2-dev
+version: 1.86.0
 description: A Sass implementation in Dart.
 homepage: https://github.com/sass/dart-sass