Speech-to-text APIs · Comparison
Deepgram vs Speechmatics
2 products compared side by side: what you pay for with each one first, then the five access facts, entry prices, recorded plan limits and the bottom line of each review. The evidence note under the table says how each product was checked.
Side by side
| Metric | Deepgram | Speechmatics |
|---|---|---|
| What you're paying for | Worth the priceSpeaker-labelled transcripts of pre-recorded audio at $0.0043 a minute with nothing extra to add, plus regional endpoints and a self-hosting path for later. | Compliance includedTranscription in 55+ languages where your audio stays out of model training unless you opt in, with EU, US and Australian processing for every account. |
| Overall score | 6.6 | 8.1Best |
| Free option | Free trial | Free trial |
| Card to start | No card needed | No card needed |
| Getting access | Self-serve | Self-serve |
| Starter priceCheapest paid plan | $0.0043/min | $0.24/hr |
| Pricing model | Usage-based | Usage-based |
| Pricing page | Public prices | Public prices |
| Billing unit | Per second of audio; multichannel billed per channel | Per second, from credits at hourly rates; credit price falls with packs and subscriptions |
| Free credit | $200 at sign-up, no card | $100 at sign-up, no card, valid 12 months |
| Streaming rate | Nova-3 Monolingual $0.0077/min regular; $0.0048/min limited-time promotional | Melia 1 $0.40/h; Standard $0.45/h; Enhanced $0.80/h (list) |
| Diarization | Included on pre-recorded audio; streaming +$0.0020/min | Included; real-time speaker labels on Enhanced, Standard and Linden, not Melia 1 |
| Languages | 45+ (pricing page) | 55+ (pricing page); 56 for Melia 1 |
| Training on your audio | By default; opt out per request (mip_opt_out=true) | Only if you opt in (33% off) |
| Retention | Kept for model improvement by default; zero retention with the opt-out | Batch files 7 days, delete sooner by API; real-time audio not stored |
| HIPAA BAA | Enterprise, through sales | Sub-BAA through the Trust Center; plan and process not stated |
| EU processing | EU endpoint with existing keys, no plan limit stated; also Australia and India | EU, US and Australia regions for all customers |
| Self-hosted | Enterprise containers; Amazon SageMaker route with an AWS account | On-prem containers, virtual appliance and on-device on Enterprise |
| SOC 2 / ISO 27001 | SOC 2 Type II (report on request); ISO 27001 not stated | SOC 2 Type II (Trust Center, under NDA); ISO/IEC 27001:2022 |
| Console SSO | Not documented | SAML/OIDC on Enterprise, $280/month add-on |
| Bottom line | From its public pages, Deepgram pairs low batch rates, diarization included, with a $200 credit and self-hosting. Model improvement is on unless each request opts out, the BAA is Enterprise only, and streaming runs on promotional rates. | From its public pages, Speechmatics has the strictest privacy defaults of the five: no training unless you opt in, 7-day batch retention and real-time audio not stored. Its pricing page leads with discounted rates, and redaction, SSO and on-prem are Enterprise features. |
Evidence: Deepgram: facts checked 2026-10-16 from its public sign-up and pricing pages, no completed hands-on run; Speechmatics: facts checked 2026-10-16 from its public sign-up and pricing pages, no completed hands-on run. Prices in USD as listed, excluding tax. "–" means not recorded.
When to pick each
In the words of each review, with the date its facts were checked.
From our Deepgram review
Checked Oct 16, 2026- Pick Deepgram when
- You want EU, Australia and India endpoints with one key and a $200 credit the pricing page says has no expiration.
- Pick Speechmatics when
- You want customer audio left out of training by default, batch files deleted after 7 days and streaming diarization included on Enhanced and Standard.
From our Speechmatics review
Checked Oct 16, 2026- Pick Speechmatics when
- You want training off by default, processor terms in the Terms of Service and a stated 7-day retention.
- Pick Deepgram when
- You want a larger credit that the pricing page says has no expiration, and self-hosting through Amazon SageMaker.
Entry price
Baseline: each product's cheapest paid plan, per month. Included usage differs, so read the line under each price.
- DeepgramNova-3 Monolingual, pre-recorded$0.0043/min$0.26/h; Growth $0.0036/min; billed per second
- Speaker diarization and smart formatting included
- Word timestamps and confidence
- Keyterm prompting +$0.0013/min
- Redaction +$0.0020/min
- SpeechmaticsPro: Melia 1, pre-recorded$0.24/hrPay-as-you-go list rate; $0.16 with the model-training opt-in
- Speaker diarization included
- 56 languages, code-switching
- Word timestamps included
Prices as listed on each pricing page, in USD per month, excluding tax. Observed: Deepgram 2026-10-16, Speechmatics 2026-10-16.
Which one fits
- If you need to start today without a sales call
- SpeechmaticsSelf-serve sign-up, no card needed; the highest score of the 2 self-serve products here (8.1/10).
- If you want to try it without entering a card
- SpeechmaticsFree trial, no card needed, and the highest score of the 2 that skip the card (8.1/10).
- Highest overall score
- Speechmatics8.1/10 (Excellent). The review shows the score breakdown and the run behind it.
Picked by fixed rules from the table above, not by hand. How we score
Full reviews
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