And after the show is the after-party! A-listers didn't disappoint when they turned up to the Vanity Fair Oscars shindig on Sunday, March 27.
This year, Amy Schumer, Wanda Sykes and Regina Hall took the stage as hosts — and they had everyone in stitches.
She touched upon the gender pay gap, saying, "This year, the Academy hired three women to host, because it's cheaper than hiring one man."
"After years of Hollywood ignoring women’s stories, this year we finally got a movie about the incredible Williams sisters'... dad," Schumer quipped of King Richard, in which Will Smith plays the titular character.
"Leonardo DiCaprio, what can I even say about him?" she continued. "He's done so much to fight climate change and leave behind a cleaner, greener planet for his girlfriends."
Ariana DeBose also took home the Academy Award for Best Supporting Actress.
"Imagine this little girl in the backseat of a white Ford Focus, look into her eyes: you see an openly queer woman of color, an Afro-Latina, who found her strength in life through art, and I believe that's what we're here to celebrate," she gushed. "So to anybody who has ever questioned your identity, ever ... or you find yourself living in the gray spaces, I promise you this: there is indeed a space for us!"
Scroll through the gallery below to see the celebs in action.
Rita Ora & Taika Waititi
The singer donned a glitzy black dress, while her man donned a beige suit.
Joe Jonas & Sophie Turner
The pair, who are expecting baby No. 2, looked gorgeous on the blue carpet.
Earlier in the night, Joe seemed to be cheering on his older brother, Kevin Jonas, who played guitar at the awards ceremony.
Sofia Vergara & Joe Manganiello
The duo dressed up for their big night out!
The actress wore a brown dress and dangly earrings.
The comedian shined bright in a yellow and silver sparkly dress.
The journalist rocked a black-and-white dress.
Michael B. Jordan & Lori Harvey
The couple made their red carpet appearance at the bash!
The reality starlet wore a black dress, which paired well with her red hair.
The actress looked glam in a silver sparkly dress.
Amy Schumer & Chris Fischer
After the comedian hosted the awards ceremony, she was joined by her hubby.
The blonde babe looked radiant in a black dress.
The mom-of-two showed off some leg in her silver frock.
The model donned a beige gown.
The star let her hair down after she wore an updo to the awards ceremony.
The TV host looked amazing in a bright yellow dress.
Tracee Ellis Ross
The TV star turned heads in a black dress.
The actress wore her hair slicked back and rocked a red sequin dress.