L'eau rouge is the second album by industrial band The Young Gods, released in September 1989 by Play It Again Sam Records. It is usually referred to as their masterpiece and was included in 1001 Albums You Must Hear Before You Die in 2005.

The Young Gods are a Swiss industrial rock band from Fribourg, formed in 1985. The original lineup of the band featured singer Franz Treichler, sampler player Cesare Pizzi and drummer Frank Bagnoud. For most of their history, the band maintained a trio format with a singer, a sampler player and a drummer, albeit with multiple line-up changes. Treichler is the band's sole consistent member; the current line-up also features Pizzi and drummer Bernard Trontin. During their career, the band have extensively collaborated with producer Roli Mosimann.