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You Can See Everything

2026 documentary film From Wikipedia, the free encyclopedia

You Can See Everything is a 2026 American documentary film directed by Nathan Fielder (in his feature directorial debut) and Lance Oppenheim. It follows Elizabeth Holmes, the founder of the defunct health technology company Theranos, and her partner Billy Evans, who invited a film crew to document them beginning in the weeks before Holmes began serving a United States federal prison sentence for defrauding investors.[4][5][6]

Directed by
Produced by
  • Nathan Fielder
  • Lance Oppenheim
  • Tatiana Bears
  • Maggie Ambrose
  • Jack Davis
CinematographyDavid Bolen
Edited byAdam Locke-Norton
Quick facts Directed by, Produced by ...
You Can See Everything
A close-up of Elizabeth Holmes smiling, with a blurred view of Nathan Fielder in the background
Theatrical release poster
Directed by
Produced by
  • Nathan Fielder
  • Lance Oppenheim
  • Tatiana Bears
  • Maggie Ambrose
  • Jack Davis
CinematographyDavid Bolen
Edited byAdam Locke-Norton
Music byAri Balouzian
Production
companies
Distributed byA24
Release dates
  • September 6, 2026 (2026-09-06) (Telluride)
  • October 16, 2026 (2026-10-16) (United States)
Running time
174 minutes[1]
CountryUnited States
LanguageEnglish
Budget$7 million[2]
Box office$15.6 million[3]
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The film premiered as a secret screening at the 53rd Telluride Film Festival on September 6, 2026,[4][5] and was theatrically released by A24 on October 16.[7] It received widespread praise from critics and has grossed $15.6 million against a $7 million production budget.

Synopsis

In 2023, thirty-four days before Elizabeth Holmes begins her eleven-year prison sentence for defrauding investors with her company Theranos, she and her partner Billy Evans invite filmmakers Nathan Fielder and Lance Oppenheim to document their lives at a rented beach house in Del Mar, California. Despite having extensive access to their personal lives, Fielder suspects the couple of withholding information. Holmes denies intentionally misleading anyone about Theranos's purported blood-testing device, and she and Evans continue contacting prospective investors about a new version of the device.

Fielder and Holmes discuss the semantics of what Holmes meant when she pitched her invention versus what investors thought she meant, but the discussion results in confusion. Fielder shows the couple the Abbott and Costello routine "Who's on First?" in an attempt to explain his frustration in communicating with Holmes. Holmes finds the routine humorous, but admits to not understanding the joke. Evans claims that Holmes's response exemplifies how she "thinks differently". Later, Fielder shows them scenes from The Dropout, a miniseries starring actress Amanda Seyfried as Holmes, but a distressed Holmes asks to stop watching. Shortly before her imprisonment, Holmes has her body 3D-scanned and expresses concern that her likeness could be misused. Holmes reports to Federal Prison Camp, Bryan, where she bids Fielder goodbye before beginning her sentence. Evans and their two children subsequently relocate to Texas to be near her.

Filming resumes two years later. Fielder meets with Seyfried and asks her to reprise her role as Holmes in dramatic reconstructions of encounters with Holmes and Evans that he was not allowed to film, with actor Christopher Abbott portraying Evans.

Fielder recounts a meeting between himself, Oppenheim, Holmes, Evans, and two executives from A24 before filming began. While Holmes was in another room, Evans requested a cut of the documentary's profit. Despite concerns about a conflict of interest, the filmmakers negotiated a profit-sharing agreement with him. It is unclear if Holmes knew about this deal and if her absence during that particular part of the meeting was planned. Later, Holmes told Fielder that she would receive no money from the documentary, raising suspicions about Evans exploiting her.

Fielder and Seyfried uncover further examples of Evans controlling Holmes's public image: Evans has erected billboards featuring Holmes, impersonated her on X while using vulgarities, and authorized the public release of an AI model resembling her. Fielder and Seyfried confront Evans, during which Seyfried briefly speaks with Holmes via telephone. Evans reveals that he holds power of attorney for Holmes and claims that many of his social media posts reflect emails she sends him from prison, and admits that Holmes knows "some" details of his agreement with the filmmakers. Seyfried accuses him of exploiting Holmes, which Evans denies before confronting Seyfried over referring to right-wing commentator Charlie Kirk as "hateful" after he was murdered, which upset Evans as a fan of Kirk.

Frustrated with Evans's interference, Fielder arranges to visit Holmes in prison. Since Fielder is barred from filming in the visiting room, he reenacts the meeting with Seyfried. In the reenactment, Holmes expresses anger over Seyfried's portrayal of her in The Dropout, claiming that her fellow inmates have watched the series and mistreat Holmes over actions she maintains she never committed. This upsets Seyfried, who says that she was just making television.

Holmes claims to approve of Evans's activities since her imprisonment, but remains vague about her knowledge of his agreement with the filmmakers or his conduct outside of the documentary. She explains that she leaves financial decisions to Evans because she owes hundreds of millions of dollars in restitution. Evans arrives with their children for their weekly visit, and he and Holmes tearfully embrace, which Fielder interprets as genuine affection. Seyfried suggests that Fielder has developed a protective attachment to Holmes and is no longer objective, but both remain uncertain about Holmes's sincerity and intentions.

On-screen text reveals that Evans relinquished his profit-sharing agreement before the film's release. It also states that Amy Chozick, a reporter for The New York Times, stands by (but does not provide evidence for) a remark that she alleges Holmes made about The Dropout: "They're not playing me. They're playing a character I created."[8] Though Holmes and Evans denied that the quote was accurately transcribed, they were unable to find their own recording of it.

Production

Development

Nathan Fielder in 2017
Lance Oppenheim in 2026
Directors Nathan Fielder (left) and Lance Oppenheim (right)

Oppenheim and Fielder first came into contact after Oppenheim learned Fielder had seen part of his 2020 documentary Some Kind of Heaven;[9][10] Oppenheim, already a fan of Fielder's work, emailed him about it. The two became friends afterward and discussed the possibility of working together.[11][10]

In 2023, Fielder invited Oppenheim to the Magic Castle in Los Angeles, where someone called out Elizabeth Holmes' name in response to a magician's request for the name of a celebrity.[10] Oppenheim remembered a rumor about Holmes asking A24 to document her life, and asked Fielder if he wanted to collaborate on such a project.[12][11][13] According to Vanity Fair, Holmes was "[convinced] of her own innocence" after having been charged and sentenced for defrauding investors in 2022 and was "utterly certain that everyone else will believe her too, if only she has an opportunity to speak her truth".[14] Fielder had read John Carreyrou's 2018 book Bad Blood and thought that the story had already been thoroughly covered in the media, but he became curious about Holmes's perspective following her retreat from the public eye.[13]

Filming

In April 2023, Holmes and her partner Billy Evans invited the film crew to live at home with them and their children during the 34 days prior to Holmes beginning her prison sentence.[13] Principal photography began at Holmes and Evans's rented beach house in Del Mar, California. A24 gave the filmmakers permission to pursue the project without a deadline or obligation to turn the footage into a finished film, with the studio saying that if nothing came of the project it could just be scrapped.[13] According to Fielder, they knew they had a compelling story when crew members disagreed about what was happening in the house, saying: "And that's when we really realized, 'Oh, this is really interesting to follow this. We're all smart and we're really working at the top of our intelligence. Why can't we make sense of what's happening in this house?'"[15]

The original plan was for Fielder to remain behind the camera, but the interactions Fielder had with Holmes and Evans were determined to be so strange that it was decided to include them in the film.[16] According to Fielder, the filmmakers' relationship with Evans had deteriorated by the end of filming; Fielder recounted that "[n]ear the end of filming, Billy [Evans] was trying to exert a level of control over the project that made us uncomfortable, and communication with him sort of broke down because of that".[14]

Fielder and Oppenheim also reached out to several people who knew Holmes or had worked with her, but were unable to get them to participate in the film. Fielder claimed "people did not want to appear in this, or people from the past were just sort of done with her."[15] Later, Fielder's friend Emma Stone introduced him to actress Amanda Seyfried, who portrayed Holmes in the miniseries The Dropout.[10] With Seyfried's permission, Fielder and Oppenheim filmed her reaction to the Del Mar footage.[17] After Seyfried expressed an interest in portraying Holmes again, Fielder and Oppenheim decided to expand the project's scope by having Seyfried portray Holmes in reenactments of the filmmakers' private conversations with Holmes and Evans.[10] Seyfried appears in the documentary both as herself and in her role as Holmes.[18][19] Actor Christopher Abbott portrays Evans in the reenactments.[20]

Music

Ari Balouzian, a frequent collaborator of Oppenheim's, composed the soundtrack for You Can See Everything. The soundtrack features 25 tracks which "help [to] build the film's uneasy atmosphere" and borrows from Bernard Hermann's score from Alfred Hitchcock's Vertigo.[19][21][22] It was released alongside the film on October 16, 2026.[21]

Release

On September 6, 2026, the film premiered at the 53rd Telluride Film Festival as a secret screening. Attendees were unaware of what film they would be seeing and were required to surrender their mobile devices to prevent leaking information;[4][5][18] that same day, A24 released the film's teaser trailer.[4][7] The film was quickly added to the lineup of the 2026 New York Film Festival on September 30, following its premiere at Telluride.[23] It will close the 2026 Stockholm International Film Festival on November 26.[24]

You Can See Everything released on October 16 in both the US and Canada.[2][7] It is scheduled for release in the United Kingdom and Ireland on November 20.[25] In October 2026, Sony Pictures Worldwide Acquisitions acquired distribution rights to the documentary in Latin America, Scandinavia, South Africa, Germany, Austria, Greece, the Middle East, Israel, India, South Korea, and Southeast Asia.[26]

Reception

Box office

In the United States and Canada, You Can See Everything was released alongside Whalefall, Street Fighter, and Sense and Sensibility, and was initially projected to gross $7–8 million from 855 theaters in its opening weekend.[2] After making $5.5 million on its first day (including $1.8 million from Thursday night previews), weekend estimates were increased to $12–14 million. It went on to debut to $15.6 million, finishing second at the box office behind Street Fighter. It was the second-best ever opening weekend for a documentary behind Fahrenheit 9/11 ($23.9 million in 2004) and the biggest per-venue average ($17,300) for a film playing in under 1,000 theaters since Borat ($31,600 in 2006); there were reportedly more than 2,000 sold out showings over the weekend.[27]

Critical response

On review aggregator Rotten Tomatoes, the film holds an approval rating of 98% based on 135 reviews, with an average rating of 9.3/10. The website's consensus reads: "Nathan Fielder's ironclad commitment to the bit is pushed to its limit in You Can See Everything, an inscrutable Rorschach test of Elizabeth Holmes's psyche that's as absorbing as it is haunting."[28] Metacritic, which uses a weighted average, assigned the film a score of 97 out of 100, based on 40 critics, indicating "universal acclaim".[29] PostTrak audiences gave the film a 98% positive score, while 91% rating it a "definite recommend".[27] The film's Telluride premiere drew positive early reviews, highlighting the filmmakers' close access to Holmes and Fielder's deadpan role as an on-camera interviewer.[18][30]

Manohla Dargis of The New York Times praised the film, writing, "Few movies speak as uncannily to the pathos and destabilizing confusions of the present moment". Dargis further posited it to be the inverse of Orson Welles's 1938 radio broadcast of The War of the Worlds, suggesting that, in a way similar to how Welles exposed the "extent of [the] American lunatic fringe", You Can See Everything exposes "the legitimacy conferred on Holmes by her fame and the hundreds of millions of dollars that went into Theranos ... [s]erious people took her seriously".[31]

Writing for Variety, Owen Gleiberman called the film "a one-of-a-kind reality-TV-as-hangout-movie psychodrama circus" and said that it "overlaps reality, performance, deception, and mental illness until it brings you into the enigmatic space where all those things meet".[18] Richard Brody of The New Yorker noted how Fielder's role in You Can See Everything differed heavily from his past performances in programs such as Nathan for You, writing that "[n]othing Fielder discovers can top what's already widely known, so his observations inevitably temper [Holmes's] public image. Fielder's portrait of Holmes and his display of his methods turn his questioning to self-questioning, forcing him to assess, and even revise, basic assumptions about her and about life in general ... [f]or all the unpleasantness ... the film is more than fascinating and ingenious; it's strangely, poetically, poignantly beautiful".[32]

Adrian Horton, from The Guardian, wrote that the film "was somehow, more shocking, twistier, thornier and revealing than billed", describing it as a "stupefying and gloriously destabilizing hall of psychological mirrors, a thrilling once-in-a-lifetime collision of director and subject."[33] The Daily Beast's Nick Schager called You Can See Everything "not just the film of the year—it's a documentary that stands shoulder-to-shoulder with the form's all-time greats."[34] Alison Willmore of Vulture concurred in a review titled "Nathan Fielder Has Made the Movie of the Year", calling it "a surreal, agonizingly intimate window ... [into] how we decide whether we really know what's going on in the head and the heart of another person, where manipulation ends and investment begins".[35]

Stephanie Zacharek, writing for Time, praised the second half, calling it "uncomfortably alluring." Zacharek, however, criticized the film for having a "stultifying smirkiness", and found its central theme of objectivity self-evident, writing that "You Can See Everything is designed to make us think, hard, about the relationship between a documentarian and his subject. But anyone who's never considered that relationship before probably hasn't been watching documentaries closely enough".[36]

Response from involved parties

In an interview with David Friedberg on the All-In podcast shortly after the film's theatrical release, Evans said he hoped the film would allow viewers to "see who [Holmes] is" independently of media coverage. He also said that he had not seen the film, and acknowledged that participating in it may have been "the dumbest thing [he had] ever done".[37][38] Fielder said in an October 2026 interview with Wired that Holmes had called him shortly before the film's theatrical release, expressing trust in him.[39]

Bad Blood author John Carreyrou, whose investigative reporting helped expose Holmes's fraud, admired how the filmmakers provided "a microscope with which to observe and dissect [Holmes's] lies".[40] In an op-ed for Stat, Theranos whistleblower Tyler Shultz praised the documentary's artistic merit but questioned Fielder's omissions. He noted that the device Holmes showed Fielder in the film was not the "unimpressive and rudimentary" one that led to Holmes's imprisonment, but rather an incomplete prototype of a future Theranos product; that she had been living at the $125 million Green Gables Estate during her trial; and that she had refused to show audited financial statements to investors.[41] In an interview with CBS Mornings, Shultz said of the documentary: “They barely re-litigate Theranos at all, and when they do, they do so just enough to make sure there’s doubt in the audience’s mind about whether she was… telling the truth or not”. He also believed that the intention of the documentary from Holmes’ perspective was to gain sympathy, but noted how easy that is due to what he described as her “abusive relationship” with Evans, and commended Fielder for confronting her on the matter.[42]

Accolades

More information Award, Date ...
Award Date Category Recipient(s) Result Ref.
Critics' Choice Documentary Awards November 8, 2026 Best Documentary Feature You Can See Everything Pending [43]
Best Director Nathan Fielder and Lance Oppenheim Pending
Best Cinematography David Bolen Pending
Best Editing Adam Locke-Norton Pending
Best Music Score Ari Balouzian Pending
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