This study was designed to investigate the effect of different concentrations of L‐cysteine supplementation into the maturation medium on the oocyte nuclear maturation, cumulus cell expansion, ultrastructure of the oocytes and the expression of oocyte‐derived growth factors BMP‐15, GDF‐9 and CB‐1 genes. Cumulus oocyte complexes (COCs) were collected from cow's ovaries obtained from abattoir and incubated at 38.5°C in maturation media supplemented with 0, 0.6, 0.8 or 1 mM L‐cysteine in 5% CO2 under humidified air for 24 hr. We found that a significantly higher percentage of oocytes progressed to metaphase II stage in the in vitro maturation (IVM) medium supplemented with L‐cysteine, particularly 0.8 mM group, compared with untreated control oocytes. Additionally, L‐cysteine treatment significantly increased the number of expanded COCs and the degree of expansion of individual COCs. Results of RT‐qPCR showed significant increase in expression levels of BMP‐15 and GDF‐9 in L‐cysteine‐treated groups compared with control one. Electron microgram showed improvement of cytoplasmic maturation regarding ultrastructure of the oocytes and oocyte–cumulus cell gap junction communication in all L‐cysteine‐treated groups especially 0.8 mM L‐cysteine‐treated one. In conclusion, supplementation of IVM medium with a potential anti‐oxidant, L‐cysteine can effectively improve in vitro oocytes cytoplasmic and nuclear maturation via activation of oocyte maturation related BMP‐15 and GDF‐9 genes in bovine oocytes, benefiting the extended researches about the potential applications of L‐cysteine in mammalian breeding technologies.