Penelope Cruz Pregnant With Second Child With Javier Bardem

A-list power couple will be giving their 2-year-old son, Leo, a little sibling.

Penlope Cruz and Javier Bardem's little tyke Leo is getting a little sibling!

Two years after welcoming their son, the gorgeous A-list couple are now expecting their second child, a source confirms exclusively to E! News.

Reportedly, the 38-year-old actress is "around three months" pregnant, our source tells us, noting that Penlope is especially happy because her sister Monica Cruz is also pregnant.

A source confirms exclusively to E! News that Penlope and her hubby are currently vacationing on Johnny Depp's private Caribbean island off the coast of the Bahamas--a fitting getaway, considering Cruz costarred with Depp in "Pirates of the Caribbean: On Stranger Tides."

Penelope Cruz sizzles at Madrid premiere of Twice Born

The Spanish couple have kept a fairly globetrotting lifestyle over the past year. Last spring, they moved the fam into temporary digs in London right next door to--wouldn't ya know it?--Prince William and Kate Middleton at Kensington Palace while Bardem, 43, was busy shooting "Skyfall."

Most recently, they were spotted in Madrid taking Leo to the zoo.

With baby No. 2 on the way, Mama and Papa better get ready to start expanding that family nest.

Congrats to the happy couple!

Check out Penlope's red-hot Campari campaign

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