Pink sparked pregnancy rumors at this year's Academy Awards...and now a source tells OK! Magazine the singer and hubby Carey Heart are expecting their second child! Congrats to the happy couple!

"It's the perfect time for another one," the insider spilled.

The "Don't Leave Me" songstress sparked rumors during her Oscar performance of "Somewhere over the Rainbow," taking Twitter by storm.

"I think I'm gonna go ahead and confirm my thoughts that pink is pregnant again. C-can I be the child?" user @kir27sten wrote.

User @1KDavis agreed, tweeting, "Ok. I'm gonna say it again...I think Pink is pregnant."

Pink was spotted May 1, where she appeared with child on a jog in LA. She and Heart are parents to daughter Willow, and have said they want more children.

A recent shopping trip in NYC also contributes to the rumor.

"They were cuddling and he kept rubbing her tummy," a source said. "She was quick to move his hand away in case anyone saw. But it was pretty obvious."

The singer told Billboard back in December how much she loves parenting.

"Its nuts," she said. "Wilow is so much fun. She has made everyone very happy this year - the whole crew."

"She just changed everything. I didn't used to think about ever stopping. And now I'm like, 'I can't wait to find her school. What's she going to be like when she's eight?'"

She also explained her desire to give Willow a sibling.

"My brother is everything to me. So I want her to have family beyond her Papa and me," she said.

"For that reason, I mostly want another one for her to have a lifelong friend."

We would be so excited if Pink and Heart had another baby! Do you think she is pregnant? Let us know your thoughts in the comments section below!