PHOTOS: It's True! Penelope Cruz Is Pregnant!

The rumors are true - Oscar winner Penelope Cruz is expecting her first child.

Speculation has been rampant that the Vicky Cristina Barcelona star was pregnant after new photos of her recently surfaced on the set of the new Pirates movie in which she seemed be sporting a baby bump.

A rep for the Vicky Cristina Barcelona star confirmed to ET Tuesday that Cruz is in fact 4-and-a-half months pregnant.

Cruz, 36, married fellow Academy-Award winner Javier Bardem, 41, this past July at an intimate ceremony at a friend's home in the Bahamas.