The heavyweight bout of the 2026 awards season is officially over, and the winner has taken all. Heading into Sunday night’s 98th Academy Awards at the Dolby Theatre, the industry was bracing for a nail-biting showdown between Ryan Coogler’s 16-time nominated vampire epic Sinners and Paul Thomas Anderson’s critically adored political thriller One Battle After Another. By the end of the Conan O’Brien-hosted telecast, it was Anderson’s wild, multi-generational saga of political resistance and stoner comedy that reigned supreme. Claiming Best Picture alongside five other major trophies, the film secured a historic sweep and finally handed one of America’s greatest living auteurs his overdue Oscar glory.

The Six-Trophy Sweep

One Battle After Another came into the ceremony with immense momentum, but watching it completely dominate the major categories was a sight to behold. The film walked away with six golden statuettes, officially making it the most awarded movie of the year. Its victories included:

  • Best Picture: The night’s ultimate prize, cementing the film’s legacy.
  • Best Director: Paul Thomas Anderson finally secured the directing trophy after 14 career nominations.
  • Best Adapted Screenplay: Another win for Anderson, having brilliantly adapted the chaotic energy of Thomas Pynchon’s Vineland.
  • Best Supporting Actor: Sean Penn secured his third career Oscar for his role as a brutal military man. (He was not in attendance, prompting presenter Kieran Culkin to joke that Penn “couldn’t be here tonight or didn’t want to.”)
  • Best Film Editing: Andy Jurgensen took home the prize for weaving the film’s sprawling narrative together.
  • Best Casting: Cassandra Kulukundis made Academy history by winning the inaugural, highly anticipated casting trophy.

A Long-Awaited Coronation

Paul Thomas Anderson, winner of the Best Adapted Screenplay, Best Director and Best Picture Awards for “One Battle After Another”, poses in the press room during the 98th Oscars at Dolby Theatre on March 15, 2026 in Hollywood, California. (Photo by Mike Coppola/Getty Images)

For Paul Thomas Anderson, the night was nothing short of a career culmination. Known for masterpieces like There Will Be Blood and Boogie Nights, Anderson had famously never won a competitive Oscar before Sunday. During his acceptance speech for Best Adapted Screenplay, he delivered one of the most poignant messages of the evening.

“I wrote this movie for my kids to say sorry for the housekeeping mess that we left in this world we’re handing off to them,” Anderson told the crowd. “But also with the encouragement that they will be the generation that hopefully brings us some common sense and decency.” Later in the night, the stage erupted into joyful chaos when the film won Best Picture, with star Teyana Taylor jubilantly rushing the stage and pulling Anderson into a celebratory headlock while Leonardo DiCaprio looked on.

A Valiant Fight from Sinners

While One Battle After Another took the top honors, its chief rival did not go home empty-handed. Sinners proved to be a formidable contender, walking away with four massive wins. Michael B. Jordan won the incredibly tight Best Actor race for his dual performance as identical twin brothers, delivering a thunderous, emotional speech where he thanked the Black Oscar winners who paved the way for him. Additionally, Sinners took home Best Original Screenplay, Best Original Score, and Best Cinematography—the latter making Autumn Durald Arkapaw the first female director of photography to ever win the award in the Academy’s 98-year history.

Warner Bros. Rules the Roost

Behind the scenes, the real winner of the 2026 Oscars was Warner Bros. The legendary studio happened to be the distributor behind both One Battle After Another and Sinners, resulting in a massive combined haul of 10 Oscars for the two heavyweights alone. In an era often dominated by franchise IP and streaming algorithms, the studio’s massive success with two big-budget, director-driven original visions provided a much-needed shot of optimism for the future of theatrical cinema.