Gisele Bündchen was spotted for the first time since giving birth to her third child.

The swimsuit-clad supermodel enjoyed a day on the water with her 12-year-old daughter, Vivian, and boyfriend Joaquim Valente on Saturday.

Bündchen, 44, kept covered in a leopard-print one-piece with a long black sarong as the group relaxed on a yacht in Miami.

The Brazilian beauty shielded her eyes with a pair of sunglasses and tied her hair back in a bun for the outing.

Valente, for his part, went shirtless while manning the ship. The jiu-jitsu instructor, 37, slung a towel over his shoulder as he chatted with Bündchen and her daughter, who wore a floral pink bikini.

It’s unclear whether the couple’s newborn joined them on the excursion. Bündchen’s son Benjamin — whom she shares with ex-husband Tom Brady along with Vivian — was also not pictured.

Bündchen and Valente have kept a low profile since welcoming their first child together in early February.

While the two have yet to share any details about the infant, a source told People they had a son.

Although the child’s first name has been kept private, his middle name is River, per the outlet.

Before her relationship with Valente, the model was married to Brady for 13 years.

During their marriage, Bündchen was a proud “bonus” parent to the NFL star’s now-17-year-old son, Jack, whom he shares with ex Bridget Moynahan.

Bündchen has continued to support the young athlete despite splitting from Brady in 2022.

She was first linked to the jiu-jitsu instructor, who began working for their family in 2021, shortly after her divorce from the former New England Patriots star was finalized.

However, she has vehemently denied cheating on Brady, and she and Valente kept mum about their relationship status for months.

Page Six exclusively revealed that the pair’s relationship had turned romantic in February 2024.

At the time, a source told us they became an item around June 2023 but kept things under wraps.

It was revealed that they were expecting their first child together in October 2024.

However, as for marriage, we’re told the two likely won’t be walking down the aisle “anytime soon.”

“There is a huge difference between them net-worth wise,” a source told us following their baby news. “There is no point in tempting fate as far as Gisele is concerned.”