# Earnings25: A Comprehensive 500-Hour Speech Benchmark for Finance

arXiv: https://arxiv.org/abs/2607.23813 · HTML: https://mlsanity.com/paper/2607.23813/

## Key facts

- No citing papers in the map yet (data through 14 Oct 2026).
- Builds on 9 of its 13 references that are in the map.
- First posted on arXiv 26 Jul 2026.

## Builds on (most cited first, 9 of 9)

- [Robust Speech Recognition via Large-Scale Weak Supervision](https://mlsanity.com/paper/2212.04356/) (2022)
- [wav2vec 2.0: A Framework for Self-Supervised Learning of Speech Representations](https://mlsanity.com/paper/2006.11477/) (2020)
- [NeMo: a toolkit for building AI applications using Neural Modules](https://mlsanity.com/paper/1909.09577/) (2019)
- [SPGISpeech: 5,000 hours of transcribed financial audio for fully formatted end-to-end speech recognition](https://mlsanity.com/paper/2104.02014/) (2021)
- [Earnings-21: A Practical Benchmark for ASR in the Wild](https://mlsanity.com/paper/2104.11348/) (2021)
- [Efficient Sequence Transduction by Jointly Predicting Tokens and Durations](https://mlsanity.com/paper/2304.06795/) (2023)
- [Earnings-22: A Practical Benchmark for Accents in the Wild](https://mlsanity.com/paper/2203.15591/) (2022)
- [NeMo Inverse Text Normalization: From Development To Production](https://mlsanity.com/paper/2104.05055/) (2021)
- [SPGISpeech 2.0: Transcribed multi-speaker financial audio for speaker-tagged transcription](https://mlsanity.com/paper/2508.05554/) (2025)

## Abstract (arXiv)

We introduce Earnings25, a finance-domain benchmark for evaluating automatic speech recognition (ASR) on English-language earnings calls under realistic conditions. Earnings25 comprises two complementary test sets: (i) testset-full, 498 hours of full English-language S&P 500 earnings calls from Q4 2025, and (ii) testset-segmented, a 46-hour industry-balanced set of 290 segments sampled from English-language U.S. earnings calls in 2025. The benchmark provides aligned transcripts and structured metadata, including speaker roles, industry labels, and call structure, enabling speaker- and industry-aware evaluation beyond aggregate word error rate (WER). We report reproducible baselines for Whisper and Parakeet-TDT using standardized scoring.