It's the moment movie-goers and fashionistas have all been waiting for. Celebrities are getting ready for their moment to shine on the 2016 Oscars red carpet, and although we all want to find out who will walk away with a golden statue this year (we're looking at you, Leo), let's be honest — it's really all about the glitzy and glamorous dresses and tuxes that our favorite actors are going to show up in.
So far, 2016 has blessed us with plenty of fabulous red carpet looks. The ensembles at the 2016 Golden Globes were nothing short of jaw-dropping, while the crazy outfits on the 2016 Grammys red carpet did not disappoint. But ask anyone what red carpet event they're most excited about and they'll tell you — it's all about the Oscars. After all, it is the awards show that has churned out iconic look after iconic look, like Audrey Hepburn's white Givenchy dress in 1954 to Gwyneth Paltrow's pink Ralph Lauren gown in 1999.
If you're not sure that this year's Academy Awards attendees will live up to the looks of stars of the past, prepare to be convinced otherwise. Here are all the stunning looks from the 2016 Oscars red carpet.
I don't think it's possible for Brad Goreski to look any cuter.
She may be attending the event as a reporter, but Maria Menounos looks like a total Hollywood star.
Rancic has never looked so elegant — I'm in love with the floral details on the back of this white gown!
Ryan Seacrest spiced things up on the red carpet by choosing a gray suit jacket versus the traditional black from his namesake line, Ryan Seacrest Distinction. Of course, it totally paid off.
This peachy pink hue is my favorite color of 2016 and Roe totally confirmed it with this sleek number.
The boys are taking a break from all black, and I'm loving it.
Has she ever looked better? The answer: no.
The first dramatic gown of the evening has arrived, and it is beautiful.
Pirrie channeled the Great Gatsby era with this royal blue gown and soft pin curls.
Goodluck proves you can't go wrong with a timeless black tuxedo.
Mindy Kaling looks like Hollywood royalty in this sleek black gown with a blue train.
Everyone clears the red carpet when Sam Smith arrives.
Vikander is giving me major Belle from Beauty and the Beast vibes. She is stunning!
Another vision in yellow, Andra Day looks like a total smoke show.
Vergara doesn't usually wear her hair back, but it was a wise choice because it allowed her beautiful Marchesa gown to shine bright on the red carpet.
Ridley kept things simple in this beaded silver gray dress.
Goldberg is no stranger to the Oscars, and you can totally see it as she graces the red carpet in this amazing off-the-shoulder, floor-length black gown.
Olivia Wilde & Jason Sudeikis
In the words of Giuliana Rancic and Brad Goreski, this is definitely an iconic Oscar moment in the making.
Kelly Ripa looks incredible in this beaded black gown with a textured chignon.
This is hands down one of Ronan's sexiest and most glamorous looks ever, and why shouldn't it be? She's up for a huge award!
The fact that Turner's entire look is sustainable makes me love it even more.
You can always count on Watts to wear something so fun, yet so elegant. She's like a real life mermaid!
Redmayne and his wife are all smiles as they arrive on the red carpet.
Chopra gives everyone a run for their money in this lacy white naked dress.
Jennifer Jason Leigh
This soft pink gown with delicate floral accents just screams spring.
Mara's dramatic black hair juxtaposed with her all white gown is one of my favorite looks of the night.
Klum never ceases to make my jaw drop with her killer red carpet ensembles.
Coral red has never looked better on anyone than Olivia Munn tonight.
This all white tuxedo accented with a black bow tie is everything.
Brie Larson is definitely having a princess moment on the red carpet tonight. Beautiful.
Robbie looks so good in gold, she's making the Oscars statue jealous.
Fisher could not look any sweeter!
And the Oscar for best gown of the night is Chrissy Teigen. **Mic Drop**
I've never loved a dress on Jennifer Garner more. Slay, girl, slay.
John Legend & Chrissy Teigen
Her gown deserves a second look, especially with hubby John Legend by her side.
Tremblay in his little Armani suit is the cutest moment of the evening, hands down.
Everyone can go home — Rachel McAdams just won the Oscars.
Of course Cate Blanchett wore the most iconic dress of the evening.
Hi, Julianne. You're perfect.
Pharrell Williams & Helen Lasichanh
Leave it to Pharrell to reinvent his tux with some exposed mankles.
The costume designer pays homage to Bowie, and it's awesome.
Kerry Washington opted for edgy for the Oscars this evening (and I love it).
A flower instead of a bow tie? Only Leto could make that work.
Tina Fey looks incredible in this strapless purple gown, but...
Who wore it better? Tina or Reese?
Lady Gaga looks like a total queen in this ballroom-gown-meets-pantsuit — amazing.
Blunt is glowing in this pastel pink gown. It's so sweet.
This stunning red gown with a plunging neckline will go down as one of Theron's best looks of all time.
Looking as sharp as ever.
Matt Damon & Luciana Barroso
Beautiful couple goals.
Something about this strapless metallic gown is so '90s to me and, of course, Kate Winslet makes it work.
This floral-adorned gown strikes me as kimono-inspired, and I absolutely need it in my life right now.
Sylvester Stallone is the ultimate stud, but his wife is just as studly in that slinky black gown.
Now this, ladies and gentlemen, is what an Oscar winner looks like.
She might be late, but at least she's fashionably late. Dior has never looked better on you, J. Law!