Film and television
Pearce transitioned to television when he was cast in the Australian soap opera Neighbours in 1986, playing the role of Mike Young for three years. He reprised the role in 2022 for the show's then final episode, and returned to make multiple guest appearances in the revival from 2023 to 2024. Pearce also found roles in other television series such as Home and Away (1988) and Snowy River: The McGregor Saga (1993).
The director/producer/writer Frank Howson cast Pearce in his first three films, Heaven Tonight, Hunting, and Flynn, and paid for him to go to the Cannes Film Festival in 1991 for the premiere of the Howson-directed Hunting. The accompanying Howson-funded publicity campaign brought Pearce to the attention of the international film industry. He made his first major film breakthrough shortly after, with his role as a drag queen in The Adventures of Priscilla, Queen of the Desert in 1994. Since then, he has appeared in several US productions including L.A. Confidential, Ravenous, Rules of Engagement, Memento, The Count of Monte Cristo, and The Time Machine.
Pearce portrayed pop artist Andy Warhol in Factory Girl and Harry Houdini in Death Defying Acts. He also appeared in The Road and in Bedtime Stories with Adam Sandler. Pearce continued to perform in Australian films, such as The Hard Word (2002) and The Proposition (2005), written by fellow Australian Nick Cave.
In January 2009, Pearce returned to the stage after a seven-year absence. He performed in the Melbourne Theatre Company's production of Poor Boy, a play with music, co-written by Matt Cameron and Tim Finn. In 2009, he portrayed Staff Sergeant Matthew Thompson in The Hurt Locker. In 2010, he appeared as David, Prince of Wales, who became Edward VIII, in The King's Speech. Both films won the Academy Award for Best Picture, making Pearce the first actor to appear in back-to-back Best Picture winners since Michael Peña (who appeared in Million Dollar Baby and Crash).
Pearce starred as the eponymous lead in the Australian TV miniseries Jack Irish, an adaptation of the detective novels of author Peter Temple broadcast on the ABC network in 2012. In May 2012, Pearce was cast to star in David Michôd's The Rover. In 2013, Pearce played the villain character Aldrich Killian in Iron Man 3. Pearce appeared in a documentary special celebrating Neighbours' 30th anniversary, Neighbours 30th: The Stars Reunite, which aired in Australia and the UK in 2015. Pearce had a supporting role in Neil Armfield's 2015 romantic-drama film Holding the Man. Pearce later joined the epic period drama The Brutalist (2024), which was directed by Brady Corbet. He received widespread acclaim for his performance, and he received nominations for the Golden Globe Award, British Academy Film Award, and Academy Award for Best Supporting Actor.
In 2026, Pearce starred in the post-apocalyptic action thriller The Dog Stars, which reunited him with director Ridley Scott. Later that year, he starred as Rupert Murdoch in Danny Boyle's Ink, which was adapted from the play of the same name.
