Academy Awards
| Year | Award | Category | Cast & Crew | Result |
|---|---|---|---|---|
| 1995 | Academy of Motion Picture Arts and Sciences | Best Visual Effects | Charles Gibson | Won |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Editing | Marcus D'Arcy | Nominated |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Adapted Screenplay | George Miller | Nominated |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Supporting Actor | James Cromwell | Nominated |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Visual Effects | Neal Scanlan | Won |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Picture | George Miller | Won |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Adapted Screenplay | Chris Noonan | Nominated |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Art Direction | Kerrie Brown | Nominated |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Editing | Jay Friedkin | Nominated |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Picture | Doug Mitchell | Won |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Director | Chris Noonan | Nominated |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Visual Effects | John Cox | Won |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Picture | Bill Miller | Nominated |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Visual Effects | Scott E. Anderson | Won |
| 1995 | Academy of Motion Picture Arts and Sciences | Best Art Direction | Roger Ford | Nominated |
Broadcast Film Critics Association
| Year | Award | Category | Cast & Crew | Result |
|---|---|---|---|---|
| 1995 | Broadcast Film Critics Association | Special Family Film Award | Won |
Golden Globes
| Year | Award | Category | Cast & Crew | Result |
|---|---|---|---|---|
| 1995 | Hollywood Foreign Press Association | Best Picture - Musical or Comedy | Won |
National Society of Film Critics
| Year | Award | Category | Cast & Crew | Result |
|---|---|---|---|---|
| 1995 | National Society of Film Critics | Best Picture | Won |
New York Film Critics Circle
| Year | Award | Category | Cast & Crew | Result |
|---|---|---|---|---|
| 1995 | New York Film Critics Circle | Best New Director | Chris Noonan | Won |

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