Bill Rancic, Giuliana Rancic, Baby Shower

Giulio Marcocchi/Sipa USA

The sex of Giuliana and Bill Rancic's baby has been revealed!

The E! News host and her husband of nearly five years hosted family and friends at a baby shower in Los Angeles this afternoon—and while the guests enjoyed yummy treats and good times were had by all, the main event was the moment when the over-the-moon couple told everyone whether they are expecting a boy or a girl at summer's end.

So, blue or pink, what do you think?!

No need to keep 'em guessing any longer—Giuliana and Bill are having a son!

"We are beyond excited to be having a little boy," says Bill.

"We are so ready for everything that comes with being a new mom and dad!" adds Giuliana. "We just can't wait!"

So, now that we know that baby Rancic will be a boy, next up is wishing the little one safe passage into this world—and a happy homecoming to the nursery the proud parents just may be painting blue right this minute.

Giuliana and Bill revealed in April that they were expecting a baby together via gestational surrogate.

"We're so thrilled that it finally happened for us," said the mom-to-be.

"At the end of the day, whether you have a baby naturally, through adoption, through surrogacy, it's your baby. You're going to love that baby and that's all that matters," Giuliana had said on the Today show, just a few weeks before they confirmed that their child was on the way.

It's no wonder she couldn't stop smiling.

WATCH: Go to to see the moment Giuliana and Bill found out they are having a boy!

MORE: Pick up Life & Style on Friday for exclusive photos and details from Giuliana & Bill's baby shower!

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