Nicole Kidman and Ewan McGregor are together again!

The stars of Moulin Rouge! hit the stage together at the 2026 Academy Awards on Sunday (March 15) at the Dolby Theatre in Hollywood.

Before presenting the final award of the night, Best Picture, Nicole and Ewan took a moment to reflect on their hit 2001 musical movie, which is celebrating its 25th anniversary.

Keep reading to find out more…While speaking about the value of “love,” the two stars took a moment to single some of the most memorable lyrics from “Elephant Love Medley.”

They then presented the Best Picture award to One Battle After Another.

You can see the full list of winners from the 2026 Oscars here!

FYI: Nicole is wearing a Chanel dress and an OMEGA watch.

Click through the gallery for 15+ pictures of Nicole Kidman and Ewan McGregor on the Oscars stage…