2026 Tech Internship Compensation Report
Exclusive data on salary, sign-on bonuses, and perks for Summer 2026 internships at Big Tech and quantitative finance firms.
Economic Outlook
Compensation for summer 2026 internships remains highly competitive, particularly in specialized technical domains and within the “Big Tech” and quantitative finance sectors.
Across the United States, the average software engineering intern earns approximately $50.41 per hour (≈$8,738 per month). However, elite firms leverage high sign-on bonuses and premium housing benefits to compete for a narrowing pool of specialized talent. Sign-on bonuses have become common at top-tier firms, ranging from $10,000 to $25,000.
| Company | Est. Compensation | Additional Benefits & Perks |
|---|---|---|
| Netflix | $80.77 / hour (~$14,000/mo) | Remote-first work model focus for interns. |
| Jane Street | $20,833 / month ($250k pro-rata) | $25,000 sign-on bonus; corporate housing and board; full travel/relocation assistance. |
| Hudson River Trading | $20,800 - $23,200 / month | $25,000 sign-on bonus; company-paid housing; all meals; equipment and self-study stipends. |
| Citadel | $17,200 - $20,800 / month | Sign-on bonus; premium corporate housing; luxury kick-off events; free meals. |
| OpenAI | $60 / hour (~$10,400/mo) | High-impact product ownership (ChatGPT/API); 15-week structured residency/internship. |
| Ramp | $11,000 - $11,700 / month | Dedicated housing stipend for NYC and SF locations. |
| Amazon | $52.72 - $69.70 / hour (~$9,456/mo) | Relocation assistance; ~$2,450/mo housing stipend; structured mentorship. |
| $63.46 / hour ($8k - $9k/mo) | $3,000+ housing stipend or corporate housing; relocation bonus; mentorship; executive speaker series. | |
| Apple | $58 - $71 / hour ($7k - $10k/mo) | Shared corporate housing or rental allowance; gym stipend; product discounts; relocation support. |
| Snap | $69.81 / hour (~$7,520/mo) | Comprehensive relocation package; high-velocity startup culture perks. |
| Meta | $49.76 - $51.35 / hour (~$8,625/mo) | $2,600 - $3,700/mo housing stipend or corporate housing; $350 wellness stipend; free food and laundry. |
| Databricks | $51.50 - $60.00 / hour | Performance bonus eligibility; equity/RSU grants; university recruiting workshops. |
| Salesforce | $50 - $58 / hour | $9,000 total housing stipend; paid volunteer time off (VTO); transportation assistance. |
| NVIDIA | $20 - $71 / hour ($8,280/mo) | Housing stipend; round-trip travel coverage; gear store points; health insurance options. |
| Dropbox | $8,000 - $9,500 / month | Internet reimbursement; volunteer time off; remote work flexibility; health/vision/dental. |
| Microsoft | $49.21 / hour ($6,934/mo) | $10,000 lump sum housing stipend or partial corporate housing; travel and relocation assistance. |
| Adobe | $38 - $51 / hour ($8,000+/mo) | Holiday pay; EAP (10 free counseling sessions); health insurance; relocation stipends. |
* Data compiled from public offer letters, Levels.fyi, and verified student reports for Summer 2026 roles. Compensation may vary by location and experience level.