Academy Award Nominations and Winners: |
| Best Picture |
| Best Director: Billy Wilder |
| Best Actress: Gloria Swanson |
| Best Actor: William Holden |
| Best Supporting Actress: Nancy Olson |
| Best Supporting Actor: Erich von Stroheim |
★ | Best Story and Screenplay: Billy Wilder, Charles Brackett, and D.M. Marshman, Jr. |
| Best Cinematography (Black & White): John D. Seitz |
★ | Best Art Direction (Black & White): Hans Dreier & John Meehan; Sam Comer & Ray Moyer |
| Best Film Editing: Arthur P. Schmidt & Doane Harrison |
★ | Best Original Score (Drama/Comedy): Franz Waxman |
|
Golden Globe Nominations and Winners: |
★ | Best Picture (Drama) |
★ | Best Director: Billy Wilder |
★ | Best Actress (Drama): Gloria Swanson |
| Best Supporting Actor: Erich von Stroheim |
| Best Screenplay: Billy Wilder, Charles Brackett, and D.M. Marshman, Jr. |
| Best Cinematography: John D. Seitz |
★ | Best Original Score: Franz Waxman |
|
Other Awards: |
| Writers Guild of America: Best Written American Drama |
| National Board of Review: Best Picture; Best Actress (Swanson) |