# SPGISpeech: 5,000 hours of transcribed financial audio for fully formatted end-to-end speech recognition

arXiv: https://arxiv.org/abs/2104.02014 · HTML: https://mlsanity.com/paper/2104.02014/

## Key facts

- Cited by 78 papers in the map (data through 14 Oct 2026).
- Builds on 12 of its 34 references that are in the map.
- First posted on arXiv 5 Apr 2021.

## Builds on (most cited first, 12 of 12)

- [Attention Is All You Need](https://mlsanity.com/paper/1706.03762/) (2017)
- [SentencePiece: A simple and language independent subword tokenizer and detokenizer for Neural Text Processing](https://mlsanity.com/paper/1808.06226/) (2018)
- [Conformer: Convolution-augmented Transformer for Speech Recognition](https://mlsanity.com/paper/2005.08100/) (2020)
- [Common Voice: A Massively-Multilingual Speech Corpus](https://mlsanity.com/paper/1912.06670/) (2019)
- [NeMo: a toolkit for building AI applications using Neural Modules](https://mlsanity.com/paper/1909.09577/) (2019)
- [TED-LIUM 3: twice as much data and corpus repartition for experiments on speaker adaptation](https://mlsanity.com/paper/1805.04699/) (2018)
- [Correction of Automatic Speech Recognition with Transformer Sequence-to-sequence Model](https://mlsanity.com/paper/1910.10697/) (2019)
- [RNN Approaches to Text Normalization: A Challenge](https://mlsanity.com/paper/1611.00068/) (2016)
- [NoiseQA: Challenge Set Evaluation for User-Centric Question Answering](https://mlsanity.com/paper/2102.08345/) (2021)
- [Neural Inverse Text Normalization](https://mlsanity.com/paper/2102.06380/) (2021)
- [Fast and Accurate Capitalization and Punctuation for Automatic Speech Recognition Using Transformer and Chunk Merging](https://mlsanity.com/paper/1908.02404/) (2019)
- [Cross-Language Transfer Learning, Continuous Learning, and Domain Adaptation for End-to-End Automatic Speech Recognition](https://mlsanity.com/paper/2005.04290/) (2020)

## Built on by (most cited first, 30 of 78)

- [GigaSpeech: An Evolving, Multi-domain ASR Corpus with 10,000 Hours of Transcribed Audio](https://mlsanity.com/paper/2106.06909/) (2021)
- [Distil-Whisper: Robust Knowledge Distillation via Large-Scale Pseudo Labelling](https://mlsanity.com/paper/2311.00430/) (2023)
- [OWSM v3.1: Better and Faster Open Whisper-Style Speech Models based on E-Branchformer](https://mlsanity.com/paper/2401.16658/) (2024)
- [Ming-Omni: A Unified Multimodal Model for Perception and Generation](https://mlsanity.com/paper/2506.09344/) (2025)
- [Earnings-22: A Practical Benchmark for Accents in the Wild](https://mlsanity.com/paper/2203.15591/) (2022)
- [Prompting Large Language Models for Zero-Shot Domain Adaptation in Speech Recognition](https://mlsanity.com/paper/2306.16007/) (2023)
- [Voxtral](https://mlsanity.com/paper/2507.13264/) (2025)
- [Reproducing Whisper-Style Training Using an Open-Source Toolkit and Publicly Available Data](https://mlsanity.com/paper/2309.13876/) (2023)
- [Exploring Speech Recognition, Translation, and Understanding with Discrete Speech Units: A Comparative Study](https://mlsanity.com/paper/2309.15800/) (2023)
- [OWSM-CTC: An Open Encoder-Only Speech Foundation Model for Speech Recognition, Translation, and Language Identification](https://mlsanity.com/paper/2402.12654/) (2024)
- [InteractiveOmni: A Unified Omni-modal Model for Audio-Visual Multi-turn Dialogue](https://mlsanity.com/paper/2510.13747/) (2025)
- [OWSM v4: Improving Open Whisper-Style Speech Models via Data Scaling and Cleaning](https://mlsanity.com/paper/2506.00338/) (2025)
- [Streaming Sequence-to-Sequence Learning with Delayed Streams Modeling](https://mlsanity.com/paper/2509.08753/) (2025)
- [Open ASR Leaderboard: Towards Reproducible and Transparent Multilingual and Long-Form Speech Recognition Evaluation](https://mlsanity.com/paper/2510.06961/) (2025)
- [M2-omni: Advancing Omni-MLLM for Comprehensive Modality Support with Competitive Performance](https://mlsanity.com/paper/2502.18778/) (2025)
- [Audio Flamingo Next: Next-Generation Open Audio-Language Models for Speech, Sound, and Music](https://mlsanity.com/paper/2604.10905/) (2026)
- [ESB: A Benchmark For Multi-Domain End-to-End Speech Recognition](https://mlsanity.com/paper/2210.13352/) (2022)
- [A Study on the Integration of Pre-trained SSL, ASR, LM and SLU Models for Spoken Language Understanding](https://mlsanity.com/paper/2211.05869/) (2022)
- [Ming-UniAudio: Speech LLM for Joint Understanding, Generation and Editing with Unified Representation](https://mlsanity.com/paper/2511.05516/) (2025)
- [Scaling ASR Improves Zero and Few Shot Learning](https://mlsanity.com/paper/2111.05948/) (2021)
- [ContextASR-Bench: A Massive Contextual Speech Recognition Benchmark](https://mlsanity.com/paper/2507.05727/) (2025)
- [MOSEL: 950,000 Hours of Speech Data for Open-Source Speech Foundation Model Training on EU Languages](https://mlsanity.com/paper/2410.01036/) (2024)
- [Nexus: An Omni-Perceptive And -Interactive Model for Language, Audio, And Vision](https://mlsanity.com/paper/2503.01879/) (2025)
- [Improving Neural Biasing for Contextual Speech Recognition by Early Context Injection and Text Perturbation](https://mlsanity.com/paper/2407.10303/) (2024)
- [On the Effects of Heterogeneous Data Sources on Speech-to-Text Foundation Models](https://mlsanity.com/paper/2406.09282/) (2024)
- [Failing Forward: Improving Generative Error Correction for ASR with Synthetic Data and Retrieval Augmentation](https://mlsanity.com/paper/2410.13198/) (2024)
- [From TOWER to SPIRE: Adding the Speech Modality to a Translation-Specialist LLM](https://mlsanity.com/paper/2503.10620/) (2025)
- [NGPU-LM: GPU-Accelerated N-Gram Language Model for Context-Biasing in Greedy ASR Decoding](https://mlsanity.com/paper/2505.22857/) (2025)
- [Joint prediction of truecasing and punctuation for conversational speech in low-resource scenarios](https://mlsanity.com/paper/2109.06103/) (2021)
- [VoiceTextBlender: Augmenting Large Language Models with Speech Capabilities via Single-Stage Joint Speech-Text Supervised Fine-Tuning](https://mlsanity.com/paper/2410.17485/) (2024)

## Abstract (arXiv)

In the English speech-to-text (STT) machine learning task, acoustic models are conventionally trained on uncased Latin characters, and any necessary orthography (such as capitalization, punctuation, and denormalization of non-standard words) is imputed by separate post-processing models. This adds complexity and limits performance, as many formatting tasks benefit from semantic information present in the acoustic signal but absent in transcription. Here we propose a new STT task: end-to-end neural transcription with fully formatted text for target labels. We present baseline Conformer-based models trained on a corpus of 5,000 hours of professionally transcribed earnings calls, achieving a CER of 1.7. As a contribution to the STT research community, we release the corpus free for non-commercial use at https://datasets.kensho.com/datasets/scribe.
