diff --git a/pkg/apis/helm.fluxcd.io/v1/types_helmrelease.go b/pkg/apis/helm.fluxcd.io/v1/types_helmrelease.go
index 72feac5ea..1cb609381 100644
--- a/pkg/apis/helm.fluxcd.io/v1/types_helmrelease.go
+++ b/pkg/apis/helm.fluxcd.io/v1/types_helmrelease.go
@@ -498,8 +498,8 @@ const (
 	HelmReleasePhaseInstalling HelmReleasePhase = "Installing"
 	// Upgrading means the upgrade for the HelmRelease is running.
 	HelmReleasePhaseUpgrading HelmReleasePhase = "Upgrading"
-	// Succeeded means the installation or upgrade for the HelmRelease
-	// succeeded.
+	// Succeeded means the dry-run, installation, or upgrade for the
+	// HelmRelease succeeded.
 	HelmReleasePhaseSucceeded HelmReleasePhase = "Succeeded"
 	// Failed means the installation or upgrade for the HelmRelease
 	// failed.
diff --git a/pkg/release/release.go b/pkg/release/release.go
index d1c2d1c9f..0984ab465 100644
--- a/pkg/release/release.go
+++ b/pkg/release/release.go
@@ -267,6 +267,7 @@ next:
 			action = UpgradeAction
 			goto next
 		}
+		status.SetStatusPhase(r.hrClient.HelmReleases(hr.Namespace), hr, v1.HelmReleasePhaseSucceeded)
 		logger.Log("info", "no changes", "phase", action)
 	case InstallAction:
 		logger.Log("info", "running installation", "phase", action)