Sad day for fans of brilliant performances.

Daniel Day-Lewis has retired from acting, the Oscar-winner's rep confirmed to ET on Tuesday.

"Daniel Day-Lewis will no longer be working as an actor. He is immensely grateful to all of his collaborators and audiences over the many years," the statement reads. "This is a private decision and neither he nor his representatives will make any further comment on this subject."

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The 60-year-old actor's final performance, Phantom Thread -- which reunites Day-Lewis with There Will Be Blood director Paul Thomas Anderson -- is set to hit theaters this Christmas.

Known for his dedicated method style of preparation, Day-Lewis has been known to "disappear into a role," leading to a slew brilliant performances in a number of acclaimed films such as There Will Be Blood, Gangs of New York, The Last of the Mohicans, and more recently, 2012's Lincoln.

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It's gonna be hard to watch gripping dramas now without Day-Lewis' carefully studied character portrayals.

Watch the video below for some of our favorite Oscar moments with the acclaimed actor.