Recent Physics results with the COMPASS Experiment

The COMPASS experiment has obtained first physics results in the field of polarized distribution functions for quarks and gluons using muon scattering off polarized deuterons. The analysis using open charm production and pairs of high $p_T$ hadrons is presented. We also have used a transversely polarized target to address transverse information for quarks inside the nucleon. In addition, a pilot run with incoming pions taken late 2004 will give first information on the pion polarizabilities and hadron resonances. The physics prospects from this run as well as from future data taking in this field are also outlined.