Key Takeaways
MiniMax M2.5 wins:
- Cheaper input tokens
- Cheaper output tokens
- Higher intelligence benchmark
- Better at coding
Kimi K2 Thinking wins:
- Larger context window
- Faster response time
- Better at math
- Has reasoning mode
- Supports tool calls
Price Advantage
MiniMax M2.5
Benchmark Advantage
MiniMax M2.5
Context Window
Kimi K2 Thinking
Speed
Kimi K2 Thinking
Pricing Comparison
Price Comparison
| Metric | MiniMax M2.5 | Kimi K2 Thinking | Winner |
|---|---|---|---|
| Input (per 1M tokens) | $0.30 | $0.40 | MiniMax M2.5 |
| Output (per 1M tokens) | $1.20 | $1.75 | MiniMax M2.5 |
| Cache Read (per 1M) | $30000.00 | $200000.00 | MiniMax M2.5 |
Using a 3:1 input/output ratio, MiniMax M2.5 is 29% cheaper overall.
MiniMax M2.5 Providers
Minimax $0.30 (Cheapest)
Novita $0.30 (Cheapest)
Kimi K2 Thinking Providers
Chutes $0.40 (Cheapest)
DeepInfra $0.47
Parasail $0.50
SiliconFlow $0.55
AtlasCloud $0.60
Benchmark Comparison
6
Benchmarks Compared
3
MiniMax M2.5 Wins
0
Kimi K2 Thinking Wins
Benchmark Scores
| Benchmark | MiniMax M2.5 | Kimi K2 Thinking | Winner |
|---|---|---|---|
Intelligence Index Overall intelligence score | 42.0 | 40.7 | |
Coding Index Code generation & understanding | 37.4 | 34.8 | |
Math Index Mathematical reasoning | - | 94.7 | - |
MMLU Pro Academic knowledge | - | 84.8 | - |
GPQA Graduate-level science | 84.8 | 83.8 | |
LiveCodeBench Competitive programming | - | 85.3 | - |
Kimi K2 Thinking shows stronger mathematical reasoning abilities.
Cost vs Quality
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Other models
Context & Performance
Context Window
MiniMax M2.5
204,800
tokens
Max output: 131,072 tokens
Kimi K2 Thinking
262,144
tokens
Max output: 65,535 tokens
Kimi K2 Thinking has a 22% larger context window.
Speed Performance
| Metric | MiniMax M2.5 | Kimi K2 Thinking | Winner |
|---|---|---|---|
| Tokens/second | 80.3 tok/s | 87.6 tok/s | |
| Time to First Token | 1.52s | 0.62s |
Capabilities
Feature Comparison
| Feature | MiniMax M2.5 | Kimi K2 Thinking |
|---|---|---|
| Vision (Image Input) | ||
| Tool/Function Calls | ||
| Reasoning Mode | ||
| Audio Input | ||
| Audio Output | ||
| PDF Input | ||
| Prompt Caching | ||
| Web Search |
License & Release
| Property | MiniMax M2.5 | Kimi K2 Thinking |
|---|---|---|
| License | Proprietary | Proprietary |
| Author | Minimax | Moonshotai |
| Released | Feb 2026 | Nov 2025 |
MiniMax M2.5 Modalities
Input
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Output
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Kimi K2 Thinking Modalities
Input
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Output
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