After months of speculation, Disney announced on Friday that both Johnny Depp and Mia Wasikowska will be back for "Alice in Wonderland 2," according to The Huffington Post.
Depp played the Mad Hatter and Wasikowska played Alice in the 2010 Tim Burton film.
Burton, however, will not return to direct the sequel.
James Bobin, co-creator of "Flight of the Conchords" and director of 2011's hit "The Muppets" will helm "Alice 2," while Linda Woolverton returns as the scribe.
No plot details have yet been released, but Disney is planning for a Memorial Day 2016 release.
"Alice in Wonderland" received mixed reviews upon its release but nevertheless, it became the sixth movie ever to earn over $1 billion worldwide.
The 2010 film also starred Anne Hathaway and Helena Bonham Carter and was based on Lewis Carroll's 1865 novel "Alice's Adventures in Wonderland" and the 1871 sequel "Through the Looking Glass."