diff --git a/res/values-v31/colors.xml b/res/values-v31/colors.xml
index 7bbdbd18fa..7a75ddb5c4 100644
--- a/res/values-v31/colors.xml
+++ b/res/values-v31/colors.xml
@@ -56,4 +56,9 @@
 
     <color name="workspace_accent_color_light">@android:color/system_accent1_100</color>
     <color name="workspace_accent_color_dark">@android:color/system_accent2_600</color>
+
+    <color name="preload_icon_accent_color_light">@android:color/system_accent1_600</color>
+    <color name="preload_icon_background_color_light">@android:color/system_accent2_200</color>
+    <color name="preload_icon_accent_color_dark">@android:color/system_accent1_300</color>
+    <color name="preload_icon_background_color_dark">@android:color/system_neutral2_700</color>
 </resources>
diff --git a/res/values/attrs.xml b/res/values/attrs.xml
index 165ec5edf2..9f25905514 100644
--- a/res/values/attrs.xml
+++ b/res/values/attrs.xml
@@ -53,6 +53,8 @@
     <attr name="workProfileOverlayTextColor" format="color" />
     <attr name="workspaceAccentColor" format="color" />
     <attr name="dropTargetHoverTextColor" format="color" />
+    <attr name="preloadIconAccentColor" format="color" />
+    <attr name="preloadIconBackgroundColor" format="color" />
 
     <attr name="allAppsButtonBgColor" format="color" />
     <attr name="allAppsButtonColor1" format="color" />
diff --git a/res/values/colors.xml b/res/values/colors.xml
index 2bc923952d..309a1c564a 100644
--- a/res/values/colors.xml
+++ b/res/values/colors.xml
@@ -85,4 +85,9 @@
     <color name="all_apps_button_color_2">#00677E</color>
     <color name="all_apps_button_color_3">#5F757E</color>
     <color name="all_apps_button_color_4">#005A6E</color>
+
+    <color name="preload_icon_accent_color_light">#00668B</color>
+    <color name="preload_icon_background_color_light">#B5CAD7</color>
+    <color name="preload_icon_accent_color_dark">#4BB6E8</color>
+    <color name="preload_icon_background_color_dark">#40484D</color>
 </resources>
diff --git a/res/values/styles.xml b/res/values/styles.xml
index 21095109a6..65bba7b02c 100644
--- a/res/values/styles.xml
+++ b/res/values/styles.xml
@@ -65,6 +65,8 @@
         <item name="workspaceAccentColor">@color/workspace_accent_color_light</item>
         <item name="dropTargetHoverTextColor">@color/workspace_text_color_dark</item>
         <item name="overviewScrimColor">@color/overview_scrim</item>
+        <item name="preloadIconAccentColor">@color/preload_icon_accent_color_light</item>
+        <item name="preloadIconBackgroundColor">@color/preload_icon_background_color_light</item>
 
         <item name="android:windowTranslucentStatus">false</item>
         <item name="android:windowTranslucentNavigation">false</item>
@@ -123,6 +125,8 @@
         <item name="workProfileOverlayTextColor">@android:color/white</item>
         <item name="eduHalfSheetBGColor">#DD000000</item>
         <item name="overviewScrimColor">@color/overview_scrim_dark</item>
+        <item name="preloadIconAccentColor">@color/preload_icon_accent_color_dark</item>
+        <item name="preloadIconBackgroundColor">@color/preload_icon_background_color_dark</item>
     </style>
 
     <style name="LauncherTheme.Dark.DarkMainColor" parent="@style/LauncherTheme.Dark">
diff --git a/src/com/android/launcher3/graphics/PreloadIconDrawable.java b/src/com/android/launcher3/graphics/PreloadIconDrawable.java
index d2e4c511f9..0eb86b1cb4 100644
--- a/src/com/android/launcher3/graphics/PreloadIconDrawable.java
+++ b/src/com/android/launcher3/graphics/PreloadIconDrawable.java
@@ -28,11 +28,9 @@ import android.graphics.Paint;
 import android.graphics.Path;
 import android.graphics.PathMeasure;
 import android.graphics.Rect;
-import android.util.Pair;
 import android.util.Property;
-import android.util.SparseArray;
-import android.view.ContextThemeWrapper;
 
+import com.android.launcher3.R;
 import com.android.launcher3.Utilities;
 import com.android.launcher3.anim.Interpolators;
 import com.android.launcher3.icons.FastBitmapDrawable;
@@ -40,8 +38,6 @@ import com.android.launcher3.icons.GraphicsUtils;
 import com.android.launcher3.model.data.ItemInfoWithIcon;
 import com.android.launcher3.util.Themes;
 
-import java.lang.ref.WeakReference;
-
 /**
  * Extension of {@link FastBitmapDrawable} which shows a progress bar around the icon.
  */
@@ -61,9 +57,9 @@ public class PreloadIconDrawable extends FastBitmapDrawable {
             };
 
     private static final int DEFAULT_PATH_SIZE = 100;
-    private static final float PROGRESS_WIDTH = 7;
-    private static final float PROGRESS_GAP = 2;
     private static final int MAX_PAINT_ALPHA = 255;
+    private static final int TRACK_ALPHA = (int) (0.27f * MAX_PAINT_ALPHA);
+    private static final int DISABLED_ICON_ALPHA = (int) (0.6f * MAX_PAINT_ALPHA);
 
     private static final long DURATION_SCALE = 500;
 
@@ -71,13 +67,8 @@ public class PreloadIconDrawable extends FastBitmapDrawable {
     // Duration = COMPLETE_ANIM_FRACTION * DURATION_SCALE
     private static final float COMPLETE_ANIM_FRACTION = 0.3f;
 
-    private static final int COLOR_TRACK = 0x77EEEEEE;
-    private static final int COLOR_SHADOW = 0x55000000;
-
-    private static final float SMALL_SCALE = 0.6f;
-
-    private static final SparseArray<WeakReference<Pair<Path, Bitmap>>> sShadowCache =
-            new SparseArray<>();
+    private static final float SMALL_SCALE = 0.7f;
+    private static final float PROGRESS_STROKE_SCALE = 0.075f;
 
     private static final int PRELOAD_ACCENT_COLOR_INDEX = 0;
     private static final int PRELOAD_BACKGROUND_COLOR_INDEX = 1;
@@ -94,7 +85,6 @@ public class PreloadIconDrawable extends FastBitmapDrawable {
     private final Path mScaledProgressPath;
     private final Paint mProgressPaint;
 
-    private Bitmap mShadowBitmap;
     private final int mIndicatorColor;
     private final int mSystemAccentColor;
     private final int mSystemBackgroundColor;
@@ -134,7 +124,6 @@ public class PreloadIconDrawable extends FastBitmapDrawable {
         mScaledProgressPath = new Path();
 
         mProgressPaint = new Paint(Paint.ANTI_ALIAS_FLAG | Paint.FILTER_BITMAP_FLAG);
-        mProgressPaint.setStyle(Paint.Style.STROKE);
         mProgressPaint.setStrokeCap(Paint.Cap.ROUND);
         mIndicatorColor = indicatorColor;
 
@@ -149,47 +138,22 @@ public class PreloadIconDrawable extends FastBitmapDrawable {
     @Override
     protected void onBoundsChange(Rect bounds) {
         super.onBoundsChange(bounds);
+
+        float progressWidth = PROGRESS_STROKE_SCALE * bounds.width();
         mTmpMatrix.setScale(
-                (bounds.width() - 2 * PROGRESS_WIDTH - 2 * PROGRESS_GAP) / DEFAULT_PATH_SIZE,
-                (bounds.height() - 2 * PROGRESS_WIDTH - 2 * PROGRESS_GAP) / DEFAULT_PATH_SIZE);
-        mTmpMatrix.postTranslate(
-                bounds.left + PROGRESS_WIDTH + PROGRESS_GAP,
-                bounds.top + PROGRESS_WIDTH + PROGRESS_GAP);
+                (bounds.width() - 2 * progressWidth) / DEFAULT_PATH_SIZE,
+                (bounds.height() - 2 * progressWidth) / DEFAULT_PATH_SIZE);
+        mTmpMatrix.postTranslate(bounds.left + progressWidth, bounds.top + progressWidth);
 
         mShapePath.transform(mTmpMatrix, mScaledTrackPath);
-        float scale = bounds.width() / DEFAULT_PATH_SIZE;
-        mProgressPaint.setStrokeWidth(PROGRESS_WIDTH * scale);
+        mProgressPaint.setStrokeWidth(progressWidth);
 
-        mShadowBitmap = getShadowBitmap(bounds.width(), bounds.height(),
-                (PROGRESS_GAP ) * scale);
         mPathMeasure.setPath(mScaledTrackPath, true);
         mTrackLength = mPathMeasure.getLength();
 
         setInternalProgress(mInternalStateProgress);
     }
 
-    private Bitmap getShadowBitmap(int width, int height, float shadowRadius) {
-        int key = ((width << 16) | height) * (mIsDarkMode ? -1 : 1);
-        WeakReference<Pair<Path, Bitmap>> shadowRef = sShadowCache.get(key);
-        Pair<Path, Bitmap> cache = shadowRef != null ? shadowRef.get() : null;
-        Bitmap shadow = cache != null && cache.first.equals(mShapePath) ? cache.second : null;
-        if (shadow != null) {
-            return shadow;
-        }
-        shadow = Bitmap.createBitmap(width, height, Bitmap.Config.ARGB_8888);
-        Canvas c = new Canvas(shadow);
-        mProgressPaint.setShadowLayer(shadowRadius, 0, 0, mIsStartable
-                ? COLOR_SHADOW : mSystemAccentColor);
-        mProgressPaint.setColor(mIsStartable ? COLOR_TRACK : mSystemBackgroundColor);
-        mProgressPaint.setAlpha(MAX_PAINT_ALPHA);
-        c.drawPath(mScaledTrackPath, mProgressPaint);
-        mProgressPaint.clearShadowLayer();
-        c.setBitmap(null);
-
-        sShadowCache.put(key, new WeakReference<>(Pair.create(mShapePath, shadow)));
-        return shadow;
-    }
-
     @Override
     public void drawInternal(Canvas canvas, Rect bounds) {
         if (mRanFinishAnimation) {
@@ -197,12 +161,17 @@ public class PreloadIconDrawable extends FastBitmapDrawable {
             return;
         }
 
-        // Draw track.
+        // Draw background.
+        mProgressPaint.setStyle(Paint.Style.FILL_AND_STROKE);
+        mProgressPaint.setColor(mSystemBackgroundColor);
+        canvas.drawPath(mScaledTrackPath, mProgressPaint);
+
+        // Draw track and progress.
+        mProgressPaint.setStyle(Paint.Style.STROKE);
         mProgressPaint.setColor(mIsStartable ? mIndicatorColor : mSystemAccentColor);
+        mProgressPaint.setAlpha(TRACK_ALPHA);
+        canvas.drawPath(mScaledTrackPath, mProgressPaint);
         mProgressPaint.setAlpha(mTrackAlpha);
-        if (mShadowBitmap != null) {
-            canvas.drawBitmap(mShadowBitmap, bounds.left, bounds.top, mProgressPaint);
-        }
         canvas.drawPath(mScaledProgressPath, mProgressPaint);
 
         int saveCount = canvas.save();
@@ -211,6 +180,11 @@ public class PreloadIconDrawable extends FastBitmapDrawable {
         canvas.restoreToCount(saveCount);
     }
 
+    @Override
+    protected void updateFilter() {
+        setAlpha(mIsDisabled ? DISABLED_ICON_ALPHA : MAX_PAINT_ALPHA);
+    }
+
     /**
      * Updates the install progress based on the level
      */
@@ -326,13 +300,12 @@ public class PreloadIconDrawable extends FastBitmapDrawable {
     }
 
     private static int[] getPreloadColors(Context context) {
-        Context dayNightThemeContext = new ContextThemeWrapper(
-                context, android.R.style.Theme_DeviceDefault_DayNight);
         int[] preloadColors = new int[2];
 
-        preloadColors[PRELOAD_ACCENT_COLOR_INDEX] = Themes.getColorAccent(dayNightThemeContext);
-        preloadColors[PRELOAD_BACKGROUND_COLOR_INDEX] = Themes.getColorBackgroundFloating(
-                dayNightThemeContext);
+        preloadColors[PRELOAD_ACCENT_COLOR_INDEX] = Themes.getAttrColor(context,
+                R.attr.preloadIconAccentColor);
+        preloadColors[PRELOAD_BACKGROUND_COLOR_INDEX] = Themes.getAttrColor(context,
+                R.attr.preloadIconBackgroundColor);
 
         return preloadColors;
     }