Yeah, baby — it’s actually happening.

Mike Myers has confirmed he is actively writing Austin Powers 4 right now, giving fans of the groovy international man of mystery the most concrete update on the long-awaited sequel in years.

Myers shared the news on the red carpet at the New York premiere of Focker-in-Law on Tuesday, Nov. 11. Asked by Deadline whether a new Austin Powers installment was coming, he didn’t hesitate.

“I’m writing it right now, I’m having a great time.”

That’s the quote every millennial who grew up quoting Austin Powers — and Dr. Evil — has been waiting to hear for more than two decades.

What Myers said on the red carpet

Myers was at the premiere to celebrate Focker-in-Law, the new Meet the Parents sequel, but the Austin Powers question stole the spotlight. When pressed for a tease about the new film, Myers laughed it off — in the most Myers way possible.

“I can’t [tease anything about it]. I’m told not to tease. I usually give away too much.”

Variety confirmed the same news on the same day, according to the Daily Caller, which cited both Deadline and Variety in its Nov. 12 report. CBR also reported the confirmation on Nov. 11.

For now, that’s where the confirmed details end. There is no plot, no casting news, no director confirmed and no release date yet — and Myers isn’t giving any of it away.

Not the first hint — but the most concrete update yet

To be clear, this is not the first time Myers has said a fourth Austin Powers film is happening. He said in June 2026 that a fourth installment was definitely happening, and in late October he told the Hollywood Insiders podcast that the script was shaping up “more from Dr. Evil’s point of view.”

So what’s new here? The red-carpet moment is the latest — and most concrete — update: Myers isn’t just talking about a sequel anymore. He’s sitting down and writing it, right now.

And that Dr. Evil angle is the part fans should be watching. Dr. Evil was always the scene-stealer — the bald, pinky-raised, “one million dollars” villain who somehow became just as iconic as Austin himself. A fourth film told more from his point of view would be a very different, very Myers kind of sequel.

24 years since Goldmember

The franchise has been dormant since Austin Powers in Goldmember hit theaters in 2002 — 24 years ago. For the millennials who grew up on it, that’s basically a lifetime of quoting “Yeah, baby!”, “Oh, behave!” and “One million dollars” at entirely inappropriate moments.

The original films turned Myers into a comedy legend, with Myers playing both the shagadelic hero and his nemesis, plus a rotating cast of unforgettable characters. The idea of a new chapter — written by Myers himself, in his own voice — is exactly the kind of nostalgia bomb that hits different in 2026.

First, the Thanksgiving movie: Focker-in-Law

Before Austin Powers returns, Myers has another big night at the movies coming up. Focker-in-Law, the new Meet the Parents sequel he was premiering on Tuesday, opens Nov. 25 and stars Ariana Grande.

For a lot of Toledo readers, that’s the Thanksgiving movie — the one you’ll be seeing with family over the holiday weekend, Nov. 25 and beyond. And now, walking out of that theater, you’ll have something else to talk about over turkey and leftovers: Austin Powers is officially on his way back.

What we don’t know yet

Let’s keep it honest: there is still a lot we don’t know. No plot details have been revealed. No casting has been announced. No director has been confirmed. No release date has been set.

What we do know is the part that matters most right now — the script is being written, by Mike Myers himself, and he’s having a great time doing it.

After 24 years, that’s more than enough to get excited about.

Yeah, baby. Yeah.

Featured image: Mike Myers in 2017. Photo by EJ Hersom / U.S. Department of Defense, via Wikimedia Commons (CC BY 2.0).