@inproceedings{fan-etal-2026-reasoning, title = "Is Reasoning Always Useful? Rethinking Reasoning Utility in Universal Multimodal Embeddings", author = "Fan, Wenxiao and Fu, Jingling and Liu, Luohang and Shan, Xinyuan and Ma, Lichen and He, Yu and Huang, Junshi and Li, Yan and Li, Kan", editor = "Lee, Hung-Yi and Dev, Sunipa and Li, Jessy and Elliott, Desmond", booktitle = "Findings of the {A}ssociation for {C}omputational {L}inguistics: {EMNLP} 2026", month = oct, year = "2026", address = "Budapest, Hungary", publisher = "Association for Computational Linguistics", url = "https://aclanthology.org/2026.findings-emnlp.1698/", pages = "36277--36304", ISBN = "979-8-89176-462-0" }