BACKGROUND Previous research shows evidence of an interrelation between family formation and the migration of immigrants in Europe. Less research has been conducted on the fertility and family behavior of the descendants of immigrants. OBJECTIVES Our study provides analyses of the childbearing behavior of daughters of immigrants in Sweden. The context is that of a country with near-replacement-level fertility and social policies oriented towards social equality. METHODS The study is based on register data covering 1998-2012, which allows for highly detailed analyses of the childbearing behavior of 20 country origin groups of second-generation women. By means of event history techniques, we analyze the transition to any first, second, and third births. RESULTS Our analyses show that most groups of descendants of immigrants have lower fertility than those with a full Swedish background. The risk of having a first child is particularly depressed, and the risk of having a second child is also lower for daughters of immigrants than for women with two Swedish-born parents. In contrast, many groups of immigrant-descendant two-child mothers display elevated third-birth risks. CONCLUSIONS Our findings demonstrate the necessity to account for parity-specific differences in fertility when studying the fertility of descendants of migrants.