The directing duo shared the spotlight at this year's Academy Awards for their respective films.
The engaged couple posed together and separately on the red carpet as they both celebrated their nominations at the Oscars Sunday.
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Gerwig was nominated for best adapted screenplay for her film "Little Women," her interpretation of the Louisa May Alcott novel about four young sisters growing up. Meanwhile, Baumbach was nominated for original screenplay for his Netflix film "Marriage Story," which tackles a family working through divorce.
Both films are nominated for best picture.
Bong Joon Ho and Han Jin Won won the best original screenplay category for "Parasite."
The best adapted screenplay win went to Taika Waititi of "Jojo Rabbit."
Many in the film industry have criticized the Academy Awards after Gerwig wasn't nominated for best director. No female directors were nominated in the category this year.
Natalie Portman made a fashion statement on the red carpet calling attention to the issue. The actress wore a Dior cape embroidered with the names of all the female directors who were not nominated in the category.
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Don't miss the Oscars live on Sunday, Feb. 9, on ABC.