Price Per TokenPrice Per Token
Minimax
Minimax
vs
Minimax
Minimax

MiniMax M2 vs MiniMax M2.5

A detailed comparison of pricing, benchmarks, and capabilities

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Key Takeaways

MiniMax M2 wins:

  • Cheaper input tokens
  • Cheaper output tokens
  • Faster response time
  • Better at math
  • Has reasoning mode
  • Supports tool calls

MiniMax M2.5 wins:

  • Larger context window
  • Higher intelligence benchmark
  • Better at coding
Price Advantage
MiniMax M2
Benchmark Advantage
MiniMax M2.5
Context Window
MiniMax M2.5
Speed
MiniMax M2

Pricing Comparison

Price Comparison

MetricMiniMax M2MiniMax M2.5Winner
Input (per 1M tokens)$0.26$0.30 MiniMax M2
Output (per 1M tokens)$1.00$1.20 MiniMax M2
Cache Read (per 1M)$30000.00$30000.00Tie
Using a 3:1 input/output ratio, MiniMax M2 is 16% cheaper overall.

MiniMax M2 Providers

Minimax $0.26 (Cheapest)
AtlasCloud $0.26 (Cheapest)
Google $0.30
Novita $0.30

MiniMax M2.5 Providers

Minimax $0.30 (Cheapest)
Novita $0.30 (Cheapest)

Benchmark Comparison

6
Benchmarks Compared
0
MiniMax M2 Wins
3
MiniMax M2.5 Wins

Benchmark Scores

BenchmarkMiniMax M2MiniMax M2.5Winner
Intelligence Index
Overall intelligence score
36.042.0
Coding Index
Code generation & understanding
29.237.4
Math Index
Mathematical reasoning
78.3--
MMLU Pro
Academic knowledge
82.0--
GPQA
Graduate-level science
77.784.8
LiveCodeBench
Competitive programming
82.6--
MiniMax M2.5 significantly outperforms in coding benchmarks.

Cost vs Quality

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MiniMax M2
Other models

Context & Performance

Context Window

MiniMax M2
196,608
tokens
Max output: 65,536 tokens
MiniMax M2.5
204,800
tokens
Max output: 131,072 tokens
MiniMax M2.5 has a 4% larger context window.

Speed Performance

MetricMiniMax M2MiniMax M2.5Winner
Tokens/second82.4 tok/s80.3 tok/s
Time to First Token1.41s1.52s

Capabilities

Feature Comparison

FeatureMiniMax M2MiniMax M2.5
Vision (Image Input)
Tool/Function Calls
Reasoning Mode
Audio Input
Audio Output
PDF Input
Prompt Caching
Web Search

License & Release

PropertyMiniMax M2MiniMax M2.5
LicenseProprietaryProprietary
AuthorMinimaxMinimax
ReleasedOct 2025Feb 2026

MiniMax M2 Modalities

Input
text
Output
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MiniMax M2.5 Modalities

Input
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Output
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Related Comparisons

Compare MiniMax M2 with:

Compare MiniMax M2.5 with:

Frequently Asked Questions

MiniMax M2 has cheaper input pricing at $0.26/M tokens. MiniMax M2 has cheaper output pricing at $1.00/M tokens.
MiniMax M2.5 scores higher on coding benchmarks with a score of 37.4, compared to MiniMax M2's score of 29.2.
MiniMax M2 has a 196,608 token context window, while MiniMax M2.5 has a 204,800 token context window.
MiniMax M2 does not support vision. MiniMax M2.5 does not support vision.