These were all received in 1987 unless noted otherwise.

- Academy Awards -

Won two Oscars for Best Effects: Sound Effects Editing and Visual Effects. Nominated for five more under Best Actress, Best Art Direction: Set Decoration, Best Film Editing, Best Music: Original Score, and Best Sound.

- BAFTA Awards -

Won a BAFTA Film Award for Best Visual Effects. Nominated for Best Makeup Artist, Best Production Design, and Best Sound.

- Golden Globes -

Nominated for a Golden Globe under Best Performance by an Actress in a Motion Picture Drama.

- Hugo Awards -

Won a Hugo Award for Best Dramatic Presentation.

- Awards of the Japanese Academy -

Nominated for Best Foreign Language Film.

- Casting Society of America -

Nominated for an Artios Award under Best Casting for Feature Film in the Drama category.

- Kinema Junpo Awards -

Won a Readers' Choice Award for Best Foreign Language Film.

- Motion Picture Sound Editors USA -

Won a Golden Reel Award for Best Sound Editing in a Feature.

- Young Artist Award -

Carrie Henn was nominated for Exceptional Performance by a Young Actress, Supporting Role in a Feature: Comedy, Fantasy or Drama.

- Academy of Science Fiction, Fantasy, and Horror Films -

Won eight Saturn Awards for Best Actress, Best Director, Best Performance by a Younger Actor, Best Science Fiction Film, Best Special Effects, Best Supporting Actor (Bill Paxton), Best Supporting Actress (Jenette Goldstein), and Best Writing. Nominated for Best Actor (Michael Biehn), Best Costumes, and Best Makeup.