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Masters of the Universe is a 2026 American sword and sorcery film directed by Travis Knight and written by Chris Butler, Aaron and Adam Nee, and David Callaham. Based on the Masters of the Universe media franchise by Mattel, it is the second live-action film adaptation after the 1987 film. Nicholas Galitzine stars as Prince Adam / He-Man, alongside Camila Mendes, Alison Brie, James Purefoy, Morena Baccarin, Jóhannes Haukur Jóhannesson, Kristen Wiig, Jared Leto, and Idris Elba. The film follows Prince Adam's return to his home planet Eternia to save it and the rest of the universe from the evil forces of Skeletor.

Following the cancellation of a sequel to the 1987 film, another live-action film was announced in September 2009 by Sony Pictures Entertainment with Escape Artists producing. Following multiple writer and director changes and the casting of Noah Centineo, the rights were transferred to Netflix in January 2022, with Kyle Allen cast as He-Man and the Nee Brothers announced as directors and co-writers with Callaham. In May 2024, the rights were bought by Amazon MGM Studios, with Knight replacing the Nee Brothers. The same month, Galitzine was cast to replace Allen, while the rest of the cast was announced throughout the year. Principal photography occurred in London, England, from January to June 2025.

Masters of the Universe is scheduled to be released in the United States and Canada[a] on June 5, 2026, by Amazon MGM Studios, in Quebec by Immina Films, and internationally by Sony Pictures Releasing International.