Huge news for Jimmy Fallon!

According to Page Six, the 40-year-old actor has signed a new contract to continue hosting The Tonight Show until 2021.

jimmy fallon

Jimmy on The Tonight Show in February 2014.

Jimmy — whom NBC entertainment chairman Bob Greenblatt recently called “the best there is" — celebrated his first anniversary as the late night talk show's host in February. He replaced longtime host Jay Leno, 65, as the program's emcee in February 2014.

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The father-of-two — he and his wife, Nancy Juvonen, 48, are parents to daughters Winnie Rose Fallon, 2, and Frances Cole Fallon, 8 months — recently took off time from work after he was hospitalized for a hand injury in late June.

"Hey guys — unfortunately tonight's taping has been cancelled due to Jimmy injuring his hand. He's totally fine but we'll be airing a repeat," a message on the show's official Twitter account read on June 26.

Jimmy later explained he nearly lost his finger after tripping on a rug at his NYC home and catching his wedding ring on the kitchen countertop. Following surgery on his hand, the star spent 10 days in the ICU before returning to The Tonight Show in mid-July.