Model comparison
Mercury 2 vs MiniMax-M2.5
Mercury 2 and MiniMax-M2.5 score almost the same on the Noometry Index (38.8 vs 38.1), so choose on price, context window or the category you care about most.
Last verified . 14 shared benchmarks.
Summary
- They share 14 benchmarks with published results for both. Mercury 2 scores higher in 2 categories and MiniMax-M2.5 in 5 categories; 5 gaps are clear of the uncertainty.
- The widest gap is in coding, where MiniMax-M2.5 leads 47.9 to 33.2.
- Mercury 2 is cheaper at $0.25 / $0.75 per million input/output tokens, against $0.30 / $1.20 for MiniMax-M2.5.
- MiniMax-M2.5 accepts more context: 205K tokens versus 128K.
- MiniMax-M2.5 has downloadable open weights; the other is API-only.
Side by side
| Mercury 2 | MiniMax-M2.5 | |
|---|---|---|
| Provider | Inception | MiniMax |
| Noometry Index | 38.8 | 38.1 |
| Released | 2026-02-20 | 2026-02-12 |
| Weights | Proprietary | Open |
| Context window | 128K | 205K |
| Max output | 50K | 131K |
| Input $ / M tokens | $0.25 | $0.30 |
| Output $ / M tokens | $0.75 | $1.20 |
| Results tracked | 17 | 33 |
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Category by category
Coding MiniMax-M2.5 leads
Mercury 2: 33.2 (#250), MiniMax-M2.5: 47.9 (#53)
| Benchmark | Mercury 2 | MiniMax-M2.5 |
|---|---|---|
| LMArena WebDev | 1170 | 1386 |
| LMArena Coding | 1391 | 1380 |
| ALE-Bench | 785.58 | 618.17 |
| SWE-bench Verified (bash only) | — | 75.8% |
| SWE-bench Multilingual | — | 68.3% |
| SciCode | 38.7% | — |
| WeirdML | 43.2% | — |
Agentic & Tool Use Not comparable
Mercury 2: —, MiniMax-M2.5: 30.2 (#70)
| Benchmark | Mercury 2 | MiniMax-M2.5 |
|---|---|---|
| Terminal-Bench | — | 42.7% |
| Vending-Bench 2 | — | -23.16 |
Reasoning Mercury 2 leads
Mercury 2: 23.0 (#170), MiniMax-M2.5: 17.6 (#281)
| Benchmark | Mercury 2 | MiniMax-M2.5 |
|---|---|---|
| LMArena Hard Prompts | 1362 | 1372 |
| ARC-AGI-2 | — | 4.9% |
| Kagi LLM Benchmark | — | 55.2% |
| NYT Connections (extended) | — | 16.8% |
| ARC-AGI-1 | — | 63.7% |
| CritPt | 0.8% | — |
| Epoch Capabilities Index | — | 146.68 |
Math Not comparable
Mercury 2: —, MiniMax-M2.5: 25.8 (#242)
| Benchmark | Mercury 2 | MiniMax-M2.5 |
|---|---|---|
| ProofBench | — | 4% |
| LMArena Math | — | 1378 |
Knowledge MiniMax-M2.5 leads
Mercury 2: 35.6 (#170), MiniMax-M2.5: 38.6 (#132)
| Benchmark | Mercury 2 | MiniMax-M2.5 |
|---|---|---|
| Vectara Hallucination Rate | 12.3% | 9.1% |
| LMArena Expert | 1358 | 1378 |
Multilingual Too close to call
Mercury 2: 46.8 (#153), MiniMax-M2.5: 47.3 (#147)
| Benchmark | Mercury 2 | MiniMax-M2.5 |
|---|---|---|
| LMArena Non-English | 1331 | 1338 |
| LMArena Chinese | 1416 | 1392 |
| LMArena Russian | 1303 | 1359 |
| LMArena French | — | 1363 |
| LMArena German | — | 1361 |
| LMArena Japanese | — | 1169 |
| LMArena Korean | — | 1232 |
| LMArena Spanish | — | 1354 |
Instruction Following MiniMax-M2.5 leads
Mercury 2: 70.4 (#161), MiniMax-M2.5: 71.7 (#143)
| Benchmark | Mercury 2 | MiniMax-M2.5 |
|---|---|---|
| LMArena Instruction Following | 1328 | 1353 |
Long Context Mercury 2 leads
Mercury 2: 40.4 (#149), MiniMax-M2.5: 37.4 (#211)
| Benchmark | Mercury 2 | MiniMax-M2.5 |
|---|---|---|
| LMArena Longer Query | 1329 | 1367 |
| CL-bench | — | 11.4% |
| CL-bench Life | — | 6.3% |
Writing & Preference Too close to call
Mercury 2: 54.0 (#151), MiniMax-M2.5: 54.1 (#149)
| Benchmark | Mercury 2 | MiniMax-M2.5 |
|---|---|---|
| LMArena Text | 1355 | 1359 |
| LMArena Creative Writing | 1289 | 1331 |
| LMArena Multi-Turn | 1358 | 1364 |
| EQ-Bench Creative Writing | — | 1361 |
Frequently asked questions
Is Mercury 2 better than MiniMax-M2.5?
Mercury 2 and MiniMax-M2.5 score almost the same on the Noometry Index (38.8 vs 38.1), so choose on price, context window or the category you care about most.
Which is cheaper, Mercury 2 or MiniMax-M2.5?
Mercury 2 is cheaper. It lists at $0.25 per million input tokens and $0.75 per million output tokens; MiniMax-M2.5 lists at $0.30 and $1.20.
Is Mercury 2 or MiniMax-M2.5 better for coding?
MiniMax-M2.5 scores higher on coding benchmarks: 47.9 versus 33.2 in the Noometry coding category.
Which has the bigger context window?
MiniMax-M2.5 does, with 205K tokens against 128K.
How many benchmarks do Mercury 2 and MiniMax-M2.5 share?
14 benchmarks have published results for both models. Mercury 2 has 17 scored results on Noometry and MiniMax-M2.5 has 33.