The kooky actress walked the red carpet before the star-studded event in a stunning golden beaded dress. The gorgeous floor length gown featured a sexy thigh split and open back, showing off Emma's porcelain skin.
She added to her luxe look by pairing the dress with matching gold satin heels and beautiful sparkling silver cuff bracelets.
However the revealing dress did come with its risks, with Emma accidentally flashing her underwear to the photographers as she posed for photos - awkward!
Emma posed with fellow actress and friend, Jennifer Aniston on the red carpet, making for some pretty hilarious photos. The pair looked like they were having a ball – we want in!
The 26-year-old actress later joining her co-stars on stage at the event to accept an Oscar for their work on the film Birdman, which won Best Picture.
The Spider-Man actress then slipped into a shorter ensemble for the Vanity Fair after party to continue celebrations, again opting to flash the flesh in a revealing red dress. The second and equally beautiful dress designed by Altuzarra, featured another sexy thigh split, revealing neckline and open back.
She let the dress do the talking this time opting for minimal accessories and a pair of back and gold killer heels that matched her dress perfectly.
Emma got it right in terms of colour too, with both dresses complementing her immaculately styled fiery red locks.
It seems Miss Stone is a fan of revealing gowns at the moment... but we don't blame her - if we had that figure we would be showing it off too!
What do you think of Emma's Oscars looks?
More red carpet Oscars looks
Copyright: Rex Features Jim Smeal/BEI
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