I'll just post what I have. Class of 2025, SWE role, Bay Area team.
My offer: $145k base, $160k RSU grant over 4 years (same vesting quirk as higher levels, fixed annual vest date), 10% target bonus, $10k sign-on.
Total year-1 comp after the cliff: roughly $197k if you include estimated bonus and a rough RSU value. Year 2 onwards closer to $200k-$205k assuming stock doesn't move.
Friends and classmates I've talked to since accepting: Same school, SWE, hardware org: $142k base, $140k RSU, $8k sign-on. Got a slightly lower grant, probably because the team wasn't as competitive for recruiting. Friend who had a competing Meta offer: $148k base, $180k RSU, $15k sign-on. They moved the RSU grant when she mentioned the competing offer. She didn't even ask explicitly, recruiter volunteered it. Friend, no competing offer, different team: $138k base, $120k RSU, $5k sign-on.
So the delta between 'no leverage' and 'one competing offer' looks like it's about $40-60k in RSUs over 4 years at the new grad level. Sign-on also moves.
I was nervous about negotiating. I'm genuinely not sure if my number moved because of anything I said or because of some baseline factor. I said I had a competing offer (I did, from a smaller company at a lower number) and the recruiter came back 3 days later with the improved RSUs without me pushing further.
Anyone else have 2026 new grad data points? Especially curious about non-Bay-Area locations.