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Embedding Benchmarks

Compare embedding models on 200 questions across finance, legal, technical support and healthcare. Explore AIMultiple's retrieval results, API prices and model details. See the methodology.
Benchmark results through October 1, 2026. API prices checked October 15, 2026.

TOP MODEL
Voyage 4 Large
nDCG@10 0.851
Best value
PPLX Embed v1 0.6B
$0.1263 benchmark cost
Largest model
PPLX Embed v1 4B
4.02B parameters
Coverage
25 models
4 domains · 200 questions
Embedding Models Benchmarks (nDCG@10)
Average retrieval score across 200 questions in four domains. Higher is better.

Leaderboard

All 25 models ranked by average nDCG@10 across finance, legal, technical support and healthcare.

Filter & Sort
#
Model
nDCG@10
Finance
CUAD (legal)
TechQA (support)
MedRAG (healthcare)
1
Voyage 4 Large
Voyage 4 Large
Voyage AI
0.851
0.8380.7040.8870.978
2
Cohere Embed 5 Pro
Cohere Embed 5 Pro
Cohere
0.850
0.7910.7590.8940.953
3
Cohere Embed 5 Fast
Cohere Embed 5 Fast
Cohere
0.839
0.8080.7620.8460.940
4
Gemini Embedding 2
Gemini Embedding 2
Google
0.830
0.8240.7310.7960.967
5
Voyage 4
Voyage 4
Voyage AI
0.829
0.7820.7000.8550.980
6
Voyage 4 Lite
Voyage 4 Lite
Voyage AI
0.793
0.7250.6680.8310.949
7
Gemini Embedding 001
Gemini Embedding 001
Google
0.785
0.7550.6340.7870.963
8
Cohere Embed v4.0
Cohere Embed v4.0
Cohere
0.772
0.7230.6260.7850.953
9
Voyage Code 4
Voyage Code 4
Voyage AI
0.770
0.8240.6870.6160.952
10
Codestral Embed
Codestral Embed
Mistral AI
0.766
0.7900.5880.7530.933
Page 1 of 3

Price ($/1M)$0.1200
Params-
ReleasedJan 2026
Finance
0.838
CUAD (legal)
0.704
TechQA (support)
0.887
MedRAG (healthcare)
0.978

Price ($/1M)-
Params-
ReleasedSep 2026
Finance
0.791
CUAD (legal)
0.759
TechQA (support)
0.894
MedRAG (healthcare)
0.953

Price ($/1M)-
Params-
ReleasedSep 2026
Finance
0.808
CUAD (legal)
0.762
TechQA (support)
0.846
MedRAG (healthcare)
0.940

Price ($/1M)$0.2000
Params-
ReleasedApr 2026
Finance
0.824
CUAD (legal)
0.731
TechQA (support)
0.796
MedRAG (healthcare)
0.967

Price ($/1M)$0.0600
Params-
ReleasedJan 2026
Finance
0.782
CUAD (legal)
0.700
TechQA (support)
0.855
MedRAG (healthcare)
0.980

Price ($/1M)$0.0200
Params-
ReleasedJan 2026
Finance
0.725
CUAD (legal)
0.668
TechQA (support)
0.831
MedRAG (healthcare)
0.949

Price ($/1M)$0.1500
Params-
ReleasedJul 2025
Finance
0.755
CUAD (legal)
0.634
TechQA (support)
0.787
MedRAG (healthcare)
0.963

Price ($/1M)-
Params-
ReleasedApr 2025
Finance
0.723
CUAD (legal)
0.626
TechQA (support)
0.785
MedRAG (healthcare)
0.953

Price ($/1M)$0.1200
Params-
ReleasedAug 2026
Finance
0.824
CUAD (legal)
0.687
TechQA (support)
0.616
MedRAG (healthcare)
0.952

Price ($/1M)$0.1500
Params-
ReleasedMay 2025
Finance
0.790
CUAD (legal)
0.588
TechQA (support)
0.753
MedRAG (healthcare)
0.933
Page 1 of 3
Embedding models benchmarks by release date
Each publisher's best average nDCG@10 by model release date. A step is a release that beat the publisher's earlier best; models without a release date are omitted. The chart shows 16 of 25 models.
Benchmark Cost vs Retrieval Accuracy
Total cost of embedding all 341,040 passages and 200 queries for each model, against average nDCG@10. This is the cost of running the benchmark, not a price per million tokens. Estimated cost: Cohere Embed v4.0. The nDCG@10 axis starts at 0.50.
Methodology

How Embedding Models Benchmarks are Built

We benchmarked embedding models on a fixed set of 200 questions: 50 each in finance, legal, technical support and healthcare. Each query searches its domain's full collection of text passages. We rank models by mean nDCG@10, which rewards placing recorded relevant passages near the top of the first ten results.

The four collections contain 341,040 text passages: chunks extracted from source documents, not a count of sentences or original documents. The questions were selected using BM25, and relevance labels are incomplete. These are development-set results, not a blind holdout evaluation. Embeddings were generated through hosted APIs; the cost chart shows what embedding the full benchmark cost each model, and API list prices appear separately in the leaderboard.

Recent Updates

Recent Updates

Latest changes to the Embedding Models Benchmarks, model coverage and AIMultiple benchmark methodology.

Update

Embedding benchmark refreshed: 25 models, 4 domains

Updated Embedding Models Benchmarks with nDCG@10 results from 200 questions across finance, legal, technical support and healthcare.

Explore Embeddings

Embedding Models: 25 Models Benchmarked for Retrieval

Embeddings
Benchmark
Oct 1

We benchmarked 25 embedding models on 200 retrieval questions across finance, legal contracts, technical support and medical literature. The four corpora contained 341,040 text passages in total. Each query searched its own domain. nDCG@10 measures how highly the recorded relevant passages appear in the first ten results. Scores range from 0 to 1, with higher…

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