| Palme d'Or | When Father Was Away on Business, Emir Kusturica (Yugoslavia) |
| Special Jury Prize | Birdy, Alan Parker (United States) |
| Best Actor | William Hurt, Kiss of the Spider Woman (United States/Brazil) |
| Best Actress | Norma Aleandro, The Official Story (Argentina) |
| Cher, Mask (United States) |
| Direction | André Téchiné, Rendez-vous (France) |
| Artistic Contribution | John Bailey, visual concept; Eiko Ishioka, set design; and Philip Glass, music, Mishima (United States) |
| Camera d'Or for Film Debut | Oriane, Fina Torres (Venezuela/France) |
| Technique | Insignificance, Nicholas Roeg (United States) |
| Jury Prize | Colonel Redl, Istvan Szabo (Hungary/Germany/Austria) |
| Palme d'Or for Short Film | Marriage, Slav Bakalov and Roman Petkov |
| Fipresci Prize |
| Competing Film | When Father Was Away on Business, Emir Kusturica (Yugoslavia) |
| Non-Competing Film | The Purple Rose of Cairo, Woody Allen (United States) | |