A 69-year-old actor told CNN on Monday that Gere and his wife, Alejandra Silva, 35, had accepted a baby boy. More details on the date and name are not provided.
This is the first child for the couple but they both have children from past relationships. Gere has a 19-year-old son from her marriage to Carey Lowell and Silva has a son to her former husband, Govind Friedland.
Gere and Silva married last year after dating from 2015, after completing divorce.
Silva was originally from Spain and his father was Ignacio Silva, the former vice president of the Real Madrid Football Club.
In September, Silva posted a picture of himself with Gere visiting the Dalai Lama. Gere is a Buddhist and a long-time friend of the exiled spiritual leader of Tibet.
She also documents her pregnancy on Instagram.
Gere also married supermodel Cindy Crawford, 1991-1995.