Demi Moore is reportedly struggling with deep disappointment after losing the Best Actress award at the 2025 Oscars. The Substance star had high hopes of winning after securing a Golden Globe in the same category, but the award ultimately went to Anora star Mikey Madison.
According to an insider speaking to Page Six, Moore, 62, “was really hopeful that she had secured this win” and is taking the loss “very hard.” The source added, “She felt like this was finally her chance to take home an Academy Award.”
Moore’s role in Substance was widely praised by critics and audiences alike, marking a major career milestone. Many in Hollywood believed this could be the year she finally won an Oscar, especially after her Golden Globe victory and strong buzz throughout awards season. Her performance in the psychological thriller showcased her depth and versatility as an actress, earning her multiple nominations and critical acclaim.
A close friend of the actress revealed, “Demi poured her heart and soul into this role. It was a career-defining performance, and she truly believed she had a shot at winning. Losing at this stage, after all the recognition she’s received, has been really tough on her.”
Despite the setback, Moore remains supportive of her fellow nominees. “She is thrilled for Mikey and all the other women who were nominated,” the insider shared. “But, of course, it was a huge disappointment not hearing her name be called.”
Fans of the veteran actress have also expressed their disappointment, taking to social media to share their thoughts. Many praised her work in Substance and argued that she deserved the win. Some even speculated that the Oscars voting committee may have overlooked her performance in favor of a younger star.
Hollywood insiders, however, insist that the competition was incredibly tough this year. “Mikey Madison gave an outstanding performance in Anora—it was one of those transformative roles that the Academy loves to reward,” a film critic commented. “Demi’s performance was brilliant, but ultimately, it came down to a matter of preference among the voters.”
While this loss stings, sources close to Moore believe she will use it as motivation. “She’s disappointed, but she’s not giving up. If anything, this just proves that she’s still a powerhouse in Hollywood. There’s always another chance, and she’ll be back stronger than ever,” the insider assured.
Moore, who has been in the industry for over four decades, has experienced both highs and lows throughout her career. With Substance, she reestablished herself as a leading force in the film industry, and many believe that it’s only a matter of time before she finally secures the coveted Academy Award.
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