BenchLeader

MiniMax M2.5

Reasoning effort

MiniMax M2.5 is a MiniMax open-weights reasoning model, released 12 Feb 2026. Its best configuration ranks #280 of 785 on the BenchLeader Index at 53.6 ±4.3, in the upper half. The ± is the point: 297 other configurations score within that range, so they and this one cannot be told apart on quality alone — price and speed are what separate them. It scores highest in instruction following (70) and lowest in reasoning (45). At $0.525 per million tokens blended it is mid-priced. Output speed of 65 tokens per second puts it slower than most, with a first answer in 32.2 s. It has been measured at 2 reasoning-effort settings; this summary describes the best-scoring one, and the tabs above switch between them. Last measured 23 Oct 2026.

Blended price
$0.525/M
$0.300 in · $1.20 out
Output speed
65 tok/s
measured by Artificial Analysis
First answer
32 s
first token 1.03 s
Context
205k
Full answer
40 s
median, reasoning included
Cost per run
–
Released
12 Feb 2026
How it scores by categoryDashed line = average model (50). One step of 15 = one standard deviation.
  1. Overall index54
  2. Reasoning45
  3. Coding51
  4. Agents & tools46
  5. Maths52
  6. Knowledge50
  7. Instruction following70
  8. Human preference56
  9. Long context62
  10. Composite55

Versions

MiniMax has shipped 3 models under this name. Each is ranked on its own results; a newer version often has fewer results so far, which holds its index nearer the average until more arrive.

ModelReleasedIndexRank
MiniMax M2.718 Mar 202655.6#225
MiniMax M2.5this page12 Feb 202653.6#280
MiniMax-M2.123 Dec 202553.8#268

Reasoning-effort configurations

The same model behaves differently depending on how much it is allowed to think. Each row is one setting, scored only on the benchmarks that were run at that setting. “Not stated” collects results from publishers that did not say which setting they used; for a reasoning model that is usually its thinking mode, but we do not assume it. Pick a setting here or at the top of the page to see its price, speed and category scores.

EffortIndexRankSpeedFirst answerChat reply costCategories
high––65 tok/s32 s$0.0005Coding 66
not statedbest53.6#28065 tok/s32 s$0.0005Agents & tools 46 · Coding 51 · Composite 55 · Human preference 56 · Instruction following 70 · Knowledge 50 · Long context 62 · Maths 52 · Reasoning 45

How its index has moved

8 Sept 2026 to 21 Oct 2026
425159

The index is recomputed from scratch every day, so a line moves when a new benchmark result lands, when a publisher revises a score, or when the models it is normalised against change. Early movement usually means the score is still settling.

Benchmark results

See all LLM benchmarks. One column per reasoning effort. Rank is among every configuration of every model on that benchmark. Hover a score for the run it came from.

Coding

Benchmarkhighnot statedSourceTrend
Arena Codingeffort not stated–1446#149Arena (LMArena)
Arena WebDeveffort not stated–1386#98Arena (LMArena)
LiveCodeBencheffort not stated–79.2%#70Vals AI
SWE-bench (Vals)not in indexeffort not stated–74.2%#47Vals AI
SWE-bench Verified (bash only)75.8%#2–SWE-bench
SWE-bench Verified (any scaffold)not in index75.8%#4–SWE-bench
Vibe Code Bench v1.1not in indexeffort not stated–14.8%#90Vals AI
SWE Atlas: Codebase QnAnot in indexeffort not stated–10.3%#21Scale AI SEAL
SWE Atlas: Refactoringnot in indexeffort not stated–19.5%#16Scale AI SEAL
SWE Atlas: Test Writingnot in indexeffort not stated–18.6%#22Scale AI SEAL
ALE-Benchnot in indexeffort not stated–618.2#96Epoch AI Benchmarking Hub

Agents & tools

Maths

Benchmarknot statedSourceTrend
ProofBench4.0%#72Vals AI
AIME (Vals)88.8%#28Vals AI
Arena Maths1393#156Arena (LMArena)

Knowledge

Instruction following

Benchmarknot statedSourceTrend
IFBench71.6%#52Artificial Analysis
Arena Instruction Followingnot in index1381#161Arena (LMArena)

Human preference

Benchmarknot statedSourceTrend
Arena Text1391#162Arena (LMArena)
Arena Creative Writingnot in index1357#162Arena (LMArena)
Arena Multi-turnnot in index1396#157Arena (LMArena)
Arena Longer Queriesnot in index1405#152Arena (LMArena)

Long context

Benchmarknot statedSourceTrend
AA-LCR73.3%#178Artificial Analysis

Composite

Where to run it

Every provider serving this model through OpenRouter, with throughput and first-token latency measured on live traffic over the last 30 minutes and each provider’s own price. Purple marks the best in each column.

ProviderSpeedFirst tokenInput $/MOutput $/MContextQuantisation
StreamLake91 tok/s1.03 s$0.270$1.08200k–
AtlasCloud71 tok/s1.60 s$0.295$1.20197kfp8
DigitalOcean64 tok/s0.77 s$0.300$1.2066k–
NovitaAI44 tok/s1.04 s$0.300$1.20205kfp8
MiniMax44 tok/s1.23 s$0.300$1.20205kfp8
MiniMax38 tok/s2.85 s$0.600$2.40205kfp8
GMICloud35 tok/s1.16 s$0.300$1.20197kfp8
Venice19 tok/s1.19 s$0.270$0.950198k–

What a task costs

Estimates from list price, output speed and time to first answer for the best configuration. “With caching” assumes three-quarters of the input is served from the prompt cache at $0.030 per 1M. Reasoning tokens are not modelled.

WorkloadTokens in / outCostWith cachingTime
Chat reply400 / 300$0.0005$0.000436.8 s
Summarize a 30-page report12,000 / 600$0.0043$0.001941.4 s
Code edit6,000 / 1,500$0.0036$0.002455.2 s
Agentic coding session60,000 / 4,000$0.023$0.0111.6 min
Structured extraction2,000 / 200$0.0008$0.000435.3 s

More from MiniMax

New this month

See also

Questions people ask

What are MiniMax M2.5's benchmark scores?
As of 25 Oct 2026, MiniMax M2.5 scores 53.6 ±4.3 on the BenchLeader Index, strongest in instruction following (70) and weakest in reasoning (45). That rests on 24 independent benchmark results, and every score on this page links to its publisher.
How does MiniMax M2.5 rank?
MiniMax M2.5 is #280 of 785 ranked configurations on 25 Oct 2026. 297 other configurations score within its margin, so the exact position matters less than the band. The leader is Claude Opus 5.5 (max effort) at 72.6.
How much does MiniMax M2.5 cost per 1M tokens?
As of 25 Oct 2026, MiniMax M2.5 costs $0.300 per 1M input tokens and $1.20 per 1M output tokens, $0.525 blended (three input tokens per output token).
When was MiniMax M2.5 released?
MiniMax released MiniMax M2.5 on 12 Feb 2026. BenchLeader has results for it at 2 reasoning-effort settings.

Data as of 25 Oct 2026. Compare these configurations.

Cite as: BenchLeader, “MiniMax M2.5: benchmarks, pricing, speed and rank”, data as of 25 Oct 2026, https://www.benchleader.com/models/minimax-m2-5.