Later that evening, Smith won Best Actor and apologized to the Academy of Motion Picture Arts and Sciences (AMPAS) and other nominees, but not to Rock, in his acceptance speech. The next day, he issued an apology to Rock and the AMPAS through social media. Smith resigned his Academy membership on April 1, facing a potential suspension or expulsion, and was banned from attending AMPAS events for 10 years.

Live television broadcasts in the United States mostly muted the incident due to federal censorship laws. However, uncensored international footage went viral on social media; an excerpt from the Australian broadcast became one of the most-viewed online videos in the first 24 hours. The incident received worldwide attention and largely overshadowed the rest of the ceremony.

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