The confirmation came after co-host Samantha Armytage asked Cruise if the rumours about a sequel were true.
Cruise, who is currently in Australia to promote The Mummy, said he'll start filming the Top Gun sequel "probably in the next year".
Top Gun was released in 1986 and quickly became one of Cruise's most iconic films. Now the waiting game for the sequel begins.
BuzzFeed has reached out to Tom Cruise's representation for comment.