diff --git a/db/migrate/20260724132112_restore_settings_index.rb b/db/migrate/20260724132112_restore_settings_index.rb
new file mode 100644
index 0000000000..43025338da
--- /dev/null
+++ b/db/migrate/20260724132112_restore_settings_index.rb
@@ -0,0 +1,16 @@
+class RestoreSettingsIndex < ActiveRecord::Migration[7.1]
+  disable_ddl_transaction!
+
+  def up
+    add_index :settings,
+              [:target_type, :target_id],
+              name: "index_settings_on_target_type_and_target_id",
+              algorithm: :concurrently
+  end
+
+  def down
+    remove_index :settings,
+                 name: "index_settings_on_target_type_and_target_id",
+                 algorithm: :concurrently
+  end
+end
diff --git a/db/schema.rb b/db/schema.rb
index da97f82579..aea717efda 100644
--- a/db/schema.rb
+++ b/db/schema.rb
@@ -10,7 +10,7 @@
 #
 # It's strongly recommended that you check this file into your version control system.
 
-ActiveRecord::Schema[7.1].define(version: 2026_02_19_185224) do
+ActiveRecord::Schema[7.1].define(version: 2026_07_24_132112) do
   # These are extensions that must be enabled in order to support this database
   enable_extension "plpgsql"
 
@@ -549,6 +549,7 @@
     t.string "target_type"
     t.datetime "created_at", precision: nil, null: false
     t.datetime "updated_at", precision: nil, null: false
+    t.index ["target_type", "target_id"], name: "index_settings_on_target_type_and_target_id"
   end
 
   create_table "stats", id: :serial, force: :cascade do |t|