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MiniMax M2.5: price, performance and context

Open MiniMax M2.5 by MiniMax costs $0.27 per 1M input and $1.08 per 1M output tokens, handles up to 204.8K tokens in one request (≈ 610 pages of text) and scores 22.8 points on the AgentKernel performance index, rank 82 of 212.

Privacy: zero data retention with 4 providers, not in the EU. Availability over the last 24 h: 100%.

Updated Oct 09, 2026, 17:39 UTC · minimax/minimax-m2.5

Open in the interactive comparison

Key facts

Licence
Open weights: free to download and self-host
Input / 1M tokens
$0.27
Output / 1M tokens
$1.08
Context window
204.8K tokens
Max. output
128K tokens
Performance index
22.8 points · rank 82 of 212
Coding index
n/a
Agentic index
n/a
Cost at your usage
$0.54 / month
Knowledge cutoff
n/a
In the catalog since
Feb 12, 2026
Capabilities
Reasoning, Tool Calling

What do you get for $10.00?

Rules of thumb from the cost calculator, base rates without caching or taxes.

TaskCost per taskFor $10.00
Chat repliesA question with a short history, a detailed answer$0.00116,000
Email draftsBullet points in, a finished email out$0.0020,000
Document summariesRead 10 pages, write a one-page summary$0.0017,000
Code reviewsReview and comment on 500 lines of code$0.0033,900
Book analysesAnalyse a 300-page book in one go$0.029340

Cheaper with similar performance

ModelLicencePerformanceYour cost / month
Ling 3.1 FlashinclusionAIProprietary41.1$0.00
Ling 3.0 Flash VLinclusionAIOpen24.6$0.036
Ling 3.0 FlashinclusionAIOpen20.1$0.037

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ModelLicencePerformanceYour cost / month
Nemotron 3 UltraNVIDIAOpen22.9$1.05
Qwen3.5-27BQwenOpen22.9$0.91
GPT-5OpenAIProprietary23$3.75