Organic solar cells have obtained a prodigious amount of attention in photovoltaic research due to their unique features of light weight, low cost, eco-friendliness, and semitransparency. A rising trend in this field is the development of all-small-molecules organic solar cells (ASM-OSCs) due to their merits of excellent batch-to-batch reproducibility, well-defined structures, and simple purification. Among the numerous organic photovoltaic (OPV) materials, benzodithiophene (BDT)-based small molecules have come to the fore in achieving outstanding power conversion efficiency (PCE) and breaking the 17% efficiency barrier in single-junction OPV devices, indicating the significant potential of this class of materials in commercial photovoltaic applications. This review specially focuses on up-to-date information about improvements in BDT-based ASM-OSCs since 2011 and provides an outlook on the most significant challenges that remain in the field. We believe there will be more exciting BDT-based photovoltaic materials and devices developed in the near future.