Things have actually been looking up for Ryan Lochte lately and now he has announced that he is expecting his first child with fiancée Kayla Rae Reid.

The couple shared their happy news via Instagram on Wednesday.

Lochte shared a photo of him underwater kissing Reid's belly and captioned the pic, "My Christmas gift came early this year, can't wait for next year! Best news I've ever received #CLOUD9#excited #family #love #2017."

Reid shared another shot of Lochte kissing her underwater and wrote, "Just when you think you think you have it all figured out, life always surprises you with blessings when least expect it. So excited to share this news with all of you! ❤️???????????? #weareprego #omg #2017."

As we reported, the Olympian and Playboy model met at a club in January and got engaged in May.

Congrats!