Nykvist won the Academy Award for Best Cinematography for two of his films: Cries and Whispers (1973), and Fanny and Alexander (1982), both of which were Bergman films. At the 9th Guldbagge Awards in 1973 he won the Special Achievement award for his work on Cries and Whispers. He was also nominated for a Cinematography Oscar for The Unbearable Lightness of Being (1988), and in the category of Best Foreign Language Film for The Ox (1991), in which he directed Max von Sydow and Liv Ullmann.