The 1946 Academy Awards were presented March 13, 1947 at the Shrine Civic Auditorium, Los Angeles.
| Best Motion Picture | The Best Years of Our Lives (Goldwyn; RKO Radio) |
| Henry V (J. Arthur Rank-Two Cities Films; United Artists) |
| It's a Wonderful Life (Liberty Films; RKO Radio) |
| The Razor's Edge (Twentieth Century-Fox) |
| The Yearling (MGM) |
| Best Actor | Fredric March, The Best Years of Our Lives |
| Laurence Olivier, Henry V |
| Larry Parks, The Jolson Story |
| Gregory Peck, The Yearling |
| James Stewart, It's a Wonderful Life |
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 Fredric March, The Best Years of Our Lives Archive Photos |
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| Best Actress | Olivia de Havilland, To Each His Own |
| Celia Johnson, Brief Encounter |
| Jennifer Jones, Duel in the Sun |
| Rosalind Russell, Sister Kenny |
| Jane Wyman, The Yearling |
| Actor in a Supporting Role | Charles Coburn, The Green Years |
| William Demarest, The Jolson Story |
| Claude Rains, Notorious |
| Harold Russell, The Best Years of Our Lives |
| Clifton Webb, The Razor's Edge |
| Actress in a Supporting Role | Ethel Barrymore, The Spiral Staircase |
| Anne Baxter, The Razor's Edge |
| Lilian Gish, Duel in the Sun |
| Flora Robson, Saratoga Trunk |
| Gale Sondergaard, Anna and the King of Siam |
| Directing | Clarence Brown, The Yearling |
| Frank Capra, It's a Wonderful Life |
| David Lean, Brief Encounter |
| Robert Siodmak, The Killers |
| William Wyler, The Best Years of Our Lives |
| Writing | | Original Motion Picture Story | Charles Brackett, To Each His Own | | Clemence Dane, Vacation From Marriage | | Jack Patrick, The Strange Love of Martha Ivers | | Vladimir Pozner, The Dark Mirror | | Victor Trivas, The Stranger | | Original Screenplay | Muriel Box and Sydney Box, The Seventh Veil | | Raymond Chandler, The Blue Dahlia | | Ben Hecht, Notorious | | Norman Panama and Melvin Frank, Road to Utopia | | Jacques Prévert, Children of Paradise | | Screenplay | Sergio Amidei and Federico Fellini, Open City | | Sally Benson and Talbot Jennings, Anna and the King of Siam | | Anthony Havelock-Allan, David Lean and Ronald Neame, Brief Encounter | | Robert E. Sherwood, The Best Years of Our Lives | | Anthony Veiller, The Killers |
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| Cinematography | | Black-and-White | George Folsey, The Green Years | | Arthur Miller, Anna and the King of Siam | | Color | Charles Rosher, Leonard Smith and Arthur Arling, The Yearling | | Joseph Walker, The Jolson Story |
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| Art Direction | | Black-and-White | Richard Day and Nathan Juran, art direction; Thomas Little and Paul S. Fox, interior decoration, The Razor's Edge | | Hans Dreier and Walter Tyler, art direction; Sam Comer and Ray Moyer, interior decoration, Kitty | | Lyle Wheeler and William Darling, art direction; Thomas Little and Frank E. Hughes, interior decoration, Anna and the King of Siam | | Color | John Bryan, art direction, Caesar and Cleopatra | | Cedric Gibbons and Paul Groesse, art direction; Edwin B. Willis, interior decoration, The Yearling | | Paul Sheriff and Carmen Dillon, art direction, Henry V |
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| Sound Recording | Columbia Studio Sound Dept., The Jolson Story |
| RKO Radio Studio Sound Dept., It's a Wonderful Life |
| Samuel Goldwyn Studio Sound Dept., The Best Years of Our Lives |
| Music | | Song | “All Through the Day,” Centennial Summer, Jerome Kern, music; Oscar Hammerstein II, lyrics | | “I Can't Begin to Tell You,” The Dolly Sisters, James Monaco, music; Mack Gordon, lyrics | | “Ole Buttermilk Sky,” Canyon Passage, Hoagy Carmichael, music; Jack Brooks, lyrics | | “On the Atchison, Topeka and the Santa Fe,” The Harvey Girls, Harry Warren, music; Johnny Mercer, lyrics | | “You Keep Coming Back Like a Song,” Blue Skies, Irving Berlin, music and lyrics | | Scoring of a Dramatic or Comedy Picture | Hugo Friedhofer, The Best Years of Our Lives | | Bernard Herrmann, Anna and the King of Siam | | Miklos Rozsa, The Killers | | William Walton, Henry V | | Franz Waxman, Humoresque | | Scoring of a Musical Picture | Robert Emmett Dolan, Blue Skies | | Lennie Hayton, The Harvey Girls | | Ray Heindorf and Max Steiner, Night and Day | | Alfred Newman, Centennial Summer | | Morris Stoloff, The Jolson Story |
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| Film Editing | Arthur Hilton, The Killers |
| William Hornbeck, It's a Wonderful Life |
| Harold Kress, The Yearling |
| William Lyon, The Jolson Story |
| Daniel Mandell, The Best Years of Our Lives |
| Special Effects | Thomas Howard, visual, Blithe Spirit |
| William McGann, visual; Nathan Levinson, audible, A Stolen Life |
| Short Subjects | | Cartoon | The Cat Concerto (Tom and Jerry Series) (Frederick Quimby, producer; MGM) | | Chopin's Musical Moments (Musical Miniatures Series) (Walter Lantz, producer; Universal) | | John Henry and the Inky Poo (George Pal Puppetoon Series) (George Pal, producer; Paramount) | | Squatter's Rights (Mickey Mouse Series) (Walt Disney Productions; RKO Radio) | | Walky Talky Hawky (Merrie Melodies Series) (Edward Selzer, producer; Warner Bros.) | | One-Reel | Dive-Hi Champs (Grantland Rice Spotlights Series) (Jack Eaton, producer; Paramount) | | Facing Your Danger (Sports Parade Series) (Gordon Hollingshead, producer; Warner Bros.) | | Golden Horses (Ed Thorgerson's Sports Review Series) (Edmund Reek, producer; Twentieth Century-Fox) | | Smart as a Fox (Vitaphone Varieties Series) (Gordon Hollingshead, producer; Warner Bros.) | | Sure Cures (Pete Smith Specialty Series) (Pete Smith, producer; MGM) | | Two-Reel | A Boy and His Dog (Featurettes Series) (Gordon Hollingshead, producer; Warner Bros.) | | College Queen (Musical Parade Series) (George B. Templeton, producer; Paramount) | | Hiss and Yell (All Star Comedies Series) (Jules White, producer; Columbia) | | The Luckiest Guy in the World (Crime Doesn't Pay Series) (Jerry Bresler, producer; MGM) |
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| Documentary | | Short Subject | Atomic Power (March of Time Series) (Twentieth Century-Fox) | | Life at the Zoo (Artkino; Artkino Pictures) | | Paramount News Issue #37 (Twentieth Anniversary Issue! 1927—1947) (Paramount) | | Seeds of Destiny (U.S. War Department) | | Traffic With the Devil (Theatre of Life Series) (Herbert Morgan, producer; MGM) |
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| Irving G. Thalberg Memorial Award | Samuel Goldwyn |
| Special Awards | To Laurence Olivier for his outstanding achievement as actor, producer and director in bringing Henry V to the screen |
| To Harold Russell for bringing hope and courage to his fellow veterans through his appearance in The Best Years of Our Lives |
| To Ernst Lubitsch for his distinguished contributions to the art of the motion picture |
| To Claude Jarman, Jr., outstanding child actor of 1946 |
