The 98th Academy Awards took place on March 15, 2026, showcasing a glamorous night filled with notable winners. The films 'One Battle After Another' and 'Blood & Sinners' stood out, winning six and four Oscars respectively, following their impressive nominations—13 and 16 respectively. Guillermo del Toro's 'Frankenstein', a science fiction horror film, also garnered recognition with three Oscars, further emphasizing the evening's diverse array of cinematic achievements.

Hosted by Conan O’Brien, the event kicked off with a playful jibe aimed at actor Timothée Chalamet regarding ballet and opera. The night was further enlivened by former Oscar host Jimmy Kimmel, who presented the documentary categories while making pointed comments about former President Donald Trump and CBS, the broadcasting network. These moments of humor added to the entertaining atmosphere of the awards, which featured a mix of drama, laughter, and celebration of film.

Significant milestones were also achieved during the ceremony. 'Sentimental Value', a Norwegian film, made history by winning the first Oscar for Best International Film for its country. Additionally, Autumn Durald Arkapaw broke barriers by becoming the first woman awarded in the Best Cinematography category. Notably absent from the nominations was the German film 'In die Sonne schauen', which did not make it into the final five nominated films, illustrating the competitive nature of this year's awards and the global landscape of the film industry.