MiniMax · Released Feb 12, 2026

MiniMax M2.5

MiniMax-M2.5 is a SOTA large language model designed for real-world productivity. Trained in a diverse range of complex real-world digital working environments, M2.5 builds upon the coding expertise of M2.1...

ReasoningOpen weights
Released
Feb 12 2026
Context window
205K 33K out
Input / 1M tokens
$0.27 from Free
Output / 1M tokens
$0.95 from Free

Where to run it

52 providers compared

Free to try on OpenCode — free endpoints are often limited-time and rate-limited. Included in Alibaba Coding Plan (China), MiniMax Token Plan (minimax.io), Tencent Coding Plan (China), SCNet Token Plan, Alibaba Token Plan +3 more. Cheapest: DInference at $0.22 / $0.88 per 1M input / output tokens — 63% less than the priciest option.

ProviderInputOutputCache readContextMax outputUptimevs. best
OpenCodefree · may be limited-time Free Free Free205K131K— Free
Alibaba Coding Plan (China)subscription plan Plan Plan Plan197K25K— Plan
MiniMax Token Plan (minimax.io)subscription plan Plan Plan Plan205K131K— Plan
Tencent Coding Plan (China)subscription plan Plan Plan Plan205K33K— Plan
SCNet Token Plansubscription plan Plan Plan Plan205K131K— Plan
Alibaba Token Plansubscription plan Plan Plan Plan197K33K— Plan
MiniMax Token Plan (minimax.cn)subscription plan Plan Plan Plan205K131K— Plan
Alibaba Coding Plansubscription plan Plan Plan Plan197K25K— Plan
Alibaba Token Plan (China)subscription plan Plan Plan Plan197K33K— Plan
DInference $0.22 $0.88 —200K32K— Cheapest
Deep Infra $0.15 $1.15 $0.03197K131K— +4%
Venice $0.27 $0.95 $0.03198K33K94.9%24h +14%
Venice AI $0.27 $0.95 $0.03198K33K— +14%
StreamLake $0.27 $1.08 $0.027200K128K100%24h +23%
NanoGPT $0.27 $1.08 $0.027205K131K— +23%
D.Run (China) $0.29 $1.16 —205K131K— +32%
AtlasCloudFP8 $0.29 $1.20 $0.06197K177K100%24h +35%
DigitalOcean $0.30 $1.20 $0.0666K59K100%24h +36%
MinimaxFP8 $0.30 $1.20 $0.03205K131K100%24h +36%
NovitaFP8 $0.30 $1.20 $0.03205K131K97.4%24h +36%
GMICloudFP8 $0.30 $1.20 $0.03197K177K94.9%24h +36%
FrogBot $0.30 $1.20 $0.03192K8K— +36%
Kilo Gateway $0.30 $1.20 $0.03198K33K— +36%
Vercel AI Gateway $0.30 $1.20 $0.03205K131K— +36%
LLM Gateway $0.30 $1.20 $0.03205K131K— +36%
HPC-AI $0.30 $1.20 $0.03196K195K— +36%
TokenGo $0.30 $1.20 $0.03205K131K— +36%
Baseten $0.30 $1.20 —204K204K— +36%
Clarifai $0.30 $1.20 —205K131K— +36%
Together AI $0.30 $1.20 $0.06205K131K— +36%
CloudFerro Sherlock $0.30 $1.20 —196K16K— +36%
SiliconFlow $0.30 $1.20 $0.03197K131K— +36%
302.AI $0.30 $1.20 —205K131K— +36%
ZenMux $0.30 $1.20 $0.03205K131K— +36%
Novita AI $0.30 $1.20 $0.03205K131K— +36%
Amazon Bedrock $0.30 $1.20 —197K98K— +36%
Meganova $0.30 $1.20 $0.15205K131K— +36%
DevPass (LLM Gateway) $0.30 $1.20 $0.03229K131K— +36%
Hugging Face $0.30 $1.20 $0.03205K131K— +36%
MiniMax (minimax.io) $0.30 $1.20 $0.03205K131K— +36%
CommandCode $0.30 $1.20 $0.03200K131K— +36%
Merge Gateway $0.30 $1.20 $0.03205K8K— +36%
Ofox $0.30 $1.20 $0.03205K131K— +36%
OrcaRouter $0.30 $1.20 $0.03205K131K— +36%
OpenCode $0.30 $1.20 $0.06205K131K— +36%
TensorX $0.30 $1.20 $0.075197K66K— +36%
Alibaba (China) $0.30 $1.20 —205K131K— +36%
Eden AI $0.30 $1.20 $0.03205K131K— +36%
SiliconFlow (China) $0.30 $1.22 —192K131K— +38%
Qiniu $0.30 $1.22 —205K128K— +38%
MiniMax (minimax.cn) $0.31 $1.25 $0.031205K131K— +43%
Cortecs $0.35 $1.39 $0.075196K196K— +58%
GreenPT $0.49 $2.47 $0.12205K131K— +156%
Minimaxhighspeed · FP8 $0.60 $2.40 $0.06205K131K100%24h +173%

Value

Price vs. performance

1 model scores higher for the same price or lesson Terminal-Bench, e.g. GPT-5.1-Codex-Mini.
3.4%30.5%57.6%84.7% $0.01$0.10$1.00$10.00$100.00 Qwen3.6 35B A3B (Qwen) — 24.6% · $0.10/1M in GPT-5.5 (OpenAI) — 84.7% · $5.00/1M in Claude Opus 4.7 (Anthropic) — 80.2% · $5.00/1M in Grok 4.20 (xAI) — 57.3% · $1.25/1M in Qwen3.5-9B (Qwen) — 9.2% · $0.08/1M in GPT-5.4 (OpenAI) — 81.8% · $2.50/1M in GPT-5.3-Codex (OpenAI) — 78.4% · $1.75/1M in Gemini 3.1 Pro Preview (Google) — 80.2% · $2.00/1M in Claude Sonnet 4.6 (Anthropic) — 53.4% · $3.00/1M in GLM 5 (Z.ai) — 52.4% · $1.00/1M in Claude Opus 4.6 (Anthropic) — 79.8% · $5.00/1M in Kimi K2.5 (Moonshot AI) — 43.2% · $0.50/1M in GPT-5.2-Codex (OpenAI) — 66.5% · $1.75/1M in GLM 4.7 (Z.ai) — 33.4% · $0.54/1M in Gemini 3 Flash Preview (Google) — 64.3% · $0.50/1M in GPT-5.2 (OpenAI) — 64.9% · $1.75/1M in GPT-5.1-Codex-Max (OpenAI) — 60.5% · $1.25/1M in DeepSeek V3.2 (DeepSeek) — 39.6% · $0.28/1M in Claude Opus 4.5 (Anthropic) — 63.1% · $5.00/1M in GPT-5.1 (OpenAI) — 47.6% · $1.25/1M in GPT-5.1-Codex (OpenAI) — 57.8% · $1.25/1M in GPT-5.1-Codex-Mini (OpenAI) — 61.6% · $0.25/1M in Kimi K2 Thinking (Moonshot AI) — 35.7% · $0.60/1M in Claude Haiku 4.5 (Anthropic) — 35.5% · $1.00/1M in GLM 4.6 (Z.ai) — 24.5% · $0.55/1M in Claude Sonnet 4.5 (Anthropic) — 46.5% · $3.00/1M in DeepSeek V3.2 Exp (DeepSeek) — 39.6% · $0.27/1M in GPT-5 (OpenAI) — 49.6% · $1.25/1M in GPT-5 Mini (OpenAI) — 34.8% · $0.25/1M in GPT-5 Nano (OpenAI) — 21.8% · $0.05/1M in gpt-oss-120b (OpenAI) — 18.7% · $0.15/1M in gpt-oss-20b (OpenAI) — 3.4% · $0.018/1M in Claude Opus 4.1 (Anthropic) — 38.0% · $15.00/1M in Gemini 2.5 Flash (Google) — 17.1% · $0.30/1M in Gemini 2.5 Pro (Google) — 32.6% · $1.25/1M in Gemini 2.5 Pro Preview 06-05 (Google) — 32.6% · $1.25/1M in MiniMax M2.7 (MiniMax) — 45.1% · $0.30/1M in MiniMax M2.1 (MiniMax) — 36.6% · $0.30/1M in MiniMax M2 (MiniMax) — 30.0% · $0.26/1M in MiniMax M2.5 (MiniMax) — 42.7% · $0.27/1M in MiniMax M2.5

MiniMax M2.5 Other MiniMax Other labs Value frontier · Terminal-Bench vs. input price per 1M tokens (log scale) · Drag to pan, pinch or Ctrl + scroll to zoom, double-click to zoom in.

Benchmarks

6 benchmark scores

BenchmarkScoreRankLeader
Terminal-BenchSoftware engineering · Tasks completed with the programs in a real terminal (best agent) 42.7% #22of 40 GPT-5.584.7%
Vending-Bench 2Agents & computer use · Run a simulated vending business for a year (final balance) $-23 #60of 61 GPT-6 Astra$15,515
WebDev ArenaDesign & visual · People vote on which model builds the better website (Elo) 1384 #68of 90 Claude Opus 5.51820
ARC-AGI-2Reasoning & knowledge · Few-shot abstract reasoning on grid puzzles 4.9% #55of 75 GPT-6 Astra95.0%
ARC-AGI-1Reasoning & knowledge · Pattern induction from input–output examples 63.7% #49of 75 Gemini 4 Argon98.5%
ProofBenchMaths · Graduate maths proofs verified in Lean 4 4.0% #69of 70 Claude Sonnet 5.5100.0%

Specs

Details

Model ID
minimax/minimax-m2.5
Developer
MiniMax
Release date
Feb 12, 2026 ·
Context window
204,800 tokens
Max output
32,768 tokens
API price
$0.27 / $0.95 per 1M input / output tokens
Providers
52
Input types
text
Reasoning
Yes
Tool calling
Yes
Open weights
Yes
Free tier
No

Release date and prices from OpenRouter's catalog; providers from OpenRouter and models.dev. Buying directly from a provider can cost a little differently. Speed, latency and uptime are measured on OpenRouter only; uptime is the share of OpenRouter requests each provider served over the last day. Benchmark scores are the best result per benchmark from Epoch AI, licensed CC BY 4.0. Rank counts every model tracked here with a score.