But the Best Picture winner was an upset, as was the Best Supporting Actor prize - which went to one of Britain’s greatest stage actors instead of a Hollywood old timer.
These are the eight things that everyone will be talking about this morning.
All the talk prior to the Oscars regarding the Best Supporting Actor category was about Sylvester Stallone, whose steely work in Creed made him the clear favourite.
And yet it was celebrated British thesp Rylance who defied the odds, winning for Bridge of Spies and becoming only the second person to pick up an acting award in a Spielberg movie (the other actor was Daniel Day Lewis for Lincoln).
Could a loud, proud action movie – in which a one-armed woman drives across the desert with a small band of runaway brides, fleeing from a water-hoarding, boil-infected warlord named Immortan Joe – really be a serious contender for Best Picture?
• Oscars 2016 in pictures: The winners from the 88th Academy Awards If there was one copper-bottomed certainty for the 88th Academy Awards, it was this: Leonardo Di Caprio and Brie Larson would triumph in the Best Actor and Actress categories.
When they glimpsed each other on the red carpet: It's that time of night in Hollywood.
High heels hurt, it's a fact, and A-list actresses know this more than most. (Or not.) He may have jokingly called her a "bag lady" at the Baftas but Stephen Fry and Jenny Beavan have remained firm friends.
And for once she got to watch him collect his Oscar, rather than the other way around.
These are the best Kate and Leo moments from last night - at least the ones caught on camera.