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Gwyneth Paltrow is Hollywood royalty at the 2026 Oscars.
TheMarty Supremestar looked lovely and absolutely timeless in a strapless ivory gown and diamonds on the Academy Awards red carpet.
While classic from the front, her dress offered a hint of drama from the side, where a cutout ran all the way down her body, revealing some skin. Sparkly mesh fabric covered the opening.
The actor is not nominated for an Oscar tonight, but is taking the stage as a presenter.
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Paltrow famously won an Oscar early on in her career—the Best Actress award at the 1999 Oscars for her performance as Viola de Lesseps inShakespeare in Love. Embodying her character in the romantic comedy-drama, she wore a beautiful strapless pink gown from Ralph Lauren, which she styled with a fantastic diamond necklace, diamond earrings, and a neat ballerina bun.
She has not been nominated since, partly because she took a long break from Hollywood to run her wellness-lifestyle business, Goop.
ButMarty Supremegot her back on the screen, and back into the awards circuit. Paltrow hassaidthat she was "petrified" and "very, very rusty" when she first arrived on the film set—and even doubted her ability to act again. But director Josh Safdie's decision to make her first scene be the moment where her character, Kay Stone, returns to the stage, helped her ease into filming, as it tapped into her real-life theater background.
To celebrate the film, she has been by her co-stars' side all awards season; earlier this month, she even made a stunning appearance at the Actor Awards (in atransparent, black lace gown).
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