Saul Perlmutter, Adam Riess, and Brian Schmidt being awarded the 2006 Shaw Prize in Astronomy. The trio would later be awarded the 2011 Nobel Prize in Physics.
Schmidt has received the Australian Government's Malcolm McIntosh Prize in 2000, Harvard University's Bok Prize in 2000, the Australian Academy of Science's Pawsey Medal Medal in 2001, and the Vainu Bappu Medal of the Astronomical Society of India in 2002. He was the Marc Aaronson Memorial Lecturer in 2005, and, in 2006, he shared the Shaw Prize in Astronomy with Adam Riess and Saul Perlmutter.[11][12]
Schmidt and the other members of the High-Z Team (the set defined by the co-authors of Riess et al. 1998) shared the 2007 Gruber Cosmology Prize, a $500,000 award, with Saul Perlmutter of the Lawrence Berkeley National Laboratory and the Supernova Cosmology Project (the set defined by the co-authors of Perlmutter et al. 1999) for their discovery of the accelerating expansion of the universe. Schmidt, Adam Riess, and the High-Z Supernova Search Team shared in the 2015 Breakthrough Prize in Fundamental Physics.
Schmidt, along with Riess and Perlmutter, jointly won the 2011 Nobel Prize in Physics for their observations which led to the discovery of the accelerating Universe.[11]
Schmidt was appointed a Companion of the Order of Australia in the 2013 Australia Day Honours.