Precious metal nanoparticles are key for a range of applications ranging from catalysis and sensing to medicine. While gold (Au), silver (Ag), platinum (Pt), palladium (Pd) or ruthenium (Ru) nanoparticles have been widely studied, other precious metals are less investigated. Osmium (Os) is one of the least studied of the precious metals. However, Os nanoparticles are interesting materials since they present unique features compared to other precious metals and Os nanomaterials have been reported to be useful for a range of applications, catalysis or sensing for instance. With the increasing availability of advanced characterization techniques, investigating the properties of relatively small Os nanoparticles and clusters has become easier and it can be expected that our knowledge on Os nanomaterials will increase in the coming years. This review aims to give an overview on Os and Os oxide materials syntheses and applications.