diff --git a/NEW_RELEASE_NOTES.md b/NEW_RELEASE_NOTES.md
index e82683bb47..66d0d3da61 100644
--- a/NEW_RELEASE_NOTES.md
+++ b/NEW_RELEASE_NOTES.md
@@ -8,3 +8,4 @@ appropriate header in [RELEASE_NOTES.md](./RELEASE_NOTES.md).
 ## Release notes for next branch cut
 
 - engine: fix shader compilation failure in TAA material
+- engine: fix stereo & parallel shader compilation
diff --git a/filament/src/details/Material.cpp b/filament/src/details/Material.cpp
index 3f0791ff0d..e063b19f1c 100644
--- a/filament/src/details/Material.cpp
+++ b/filament/src/details/Material.cpp
@@ -168,8 +168,13 @@ FMaterial::FMaterial(FEngine& engine, const Builder& builder, MaterialDefinition
     FILAMENT_CHECK_PRECONDITION(!mUseUboBatching || engine.isUboBatchingEnabled())
             << "UBO batching is not enabled.";
 
-    mDepthPrecacheDisabled = engine.getDriverApi().isWorkaroundNeeded(
-            Workaround::DISABLE_DEPTH_PRECACHE_FOR_DEFAULT_MATERIAL);
+    DriverApi& driver = engine.getDriverApi();
+
+    mIsStereoSupported = driver.isStereoSupported();
+    mIsParallelShaderCompileSupported = driver.isParallelShaderCompileSupported();
+    mDepthPrecacheDisabled =
+            driver.isWorkaroundNeeded(Workaround::DISABLE_DEPTH_PRECACHE_FOR_DEFAULT_MATERIAL);
+    mDefaultMaterial = engine.getDefaultMaterial();
 
     FixedCapacityVector<Program::SpecializationConstant> specializationConstants =
             processSpecializationConstants(builder);