"The Substance" actress also told Madison she "can’t wait to see what you do next." Demi Moore is taking a (very classy) moment to reflect on the monumental awards season she just had. Thanks to key precursor wins at the Golden Globes and SAG Awards — and endlessly charming and passionate speeches at said ceremonies — many awards prognosticators penciled in Moore to win the Oscar for Best Actress for her role in The Substance at Sunday night's Academy Awards.

Demi Moore shows Best Actress Oscar-winner Mikey Madison some love after losing out to the 25-year-old at the 2025 Academy Awards. Demi, who nearly swept awards season with her role in 'The Substance,

Hollywood veteran Demi Moore of “The Substance” had been the Oscar front-runner, having won over Madison at the Golden Globes and SAG Awards. However, Madison beat out Moore for the BAFTA two days before Oscar voting ended, as well as at last weekend’s Independent Spirit Awards.