Nearly two months after the 2025 Academy Awards, Demi Moore is still processing her emotional journey through awards season. The veteran actress, who was widely predicted to win Best Actress for her powerhouse performance in the body horror film The Substance, ultimately lost the coveted Oscar to breakout star Mikey Madison for Anora. Demi Moore is disappointed “Of course there’s disappointment,” Moore admitted at the TIME100 Summit.
“But I also immediately recognise that there is something greater I am to be in service to, even if I don’t know what that is.” Despite being a front-runner—having kicked off her season with a Golden Globe win—Moore maintains a grounded perspective. “The question of ‘Should I have won?’ is certainly not how I hold it.
Because I didn’t,” she said. “Everything in life is happening for me, not to me. That doesn’t mean there isn’t pain, but it allows me to ask, ‘What is this trying to give me?’" ALSO READ: Demi Moore Congratulates Anora Fame Mikey Madison For Winning Oscars 2025 Best Actress Award: Can't Wait To See.
. She even revealed that she had a sense of the outcome. In a Time magazine chat, Moore shared that just before the winner was announced, she whispered to her manager, “I think it’s going to Mikey.
” Demi Moore all praises for Mikey Madison Moore had nothing but praise for Madison. “I had the pleasure of getting to know Mikey Madison and think she did an incredible performance. It’s an odd thing for there to be a competition anyway,” she noted.
Reflecting on the journey, Moore said an Oscar would’ve felt like a moment of 'completion' for her role in The Substance, a gonzo body horror film that earned five nominations and won for makeup and hairstyling. “I’m sorry to everyone who had hopes for me,” she said. “I felt a collective disappointment that was even bigger than me.
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Demi Moore Says 'There's Disappointment' On Losing Oscars To Mikey Madison: It's An Odd Thing For...

Demi Moore is still reflecting on her experience during the 2025 Academy Awards, where she lost the Best Actress Oscar to Mikey Madison. Despite her initial disappointment, Moore talked about having a positive outlook, recognising the importance of her journey and remaining grounded. Moore also praised Madison's performance in Anora.