BenchLeader

MiniMax M3

Reasoning effort

MiniMax M3 is a MiniMax open-weights reasoning model, released 1 Jun 2026. Its best configuration ranks #203 of 785 on the BenchLeader Index at 56.4 ±4.6, in the upper half. The ± is the point: 273 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 (80) and lowest in agents & tools (40). At $0.525 per million tokens blended it is mid-priced. Output speed of 84 tokens per second puts it slower than most, with a first answer in 25.0 s. It has been measured at 3 reasoning-effort settings; this summary describes the best-scoring one, and the tabs above switch between them. Last measured 22 Oct 2026.

Blended price
$0.525/M
$0.300 in · $1.20 out
Output speed
84 tok/s
measured by Artificial Analysis
First answer
25 s
first token 0.99 s
Context
1M
Full answer
31 s
median, reasoning included
Cost per run
$0.508
one full Intelligence Index run
Released
1 Jun 2026
How it scores by categoryDashed line = average model (50). One step of 15 = one standard deviation.
  1. Overall index56
  2. Reasoning55
  3. Coding51
  4. Agents & tools40
  5. Maths54
  6. Knowledge60
  7. Instruction following80
  8. Human preference56
  9. Multimodal60
  10. Long context67
  11. Composite48

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
no reasoning––84 tok/s25 s$0.0005Maths 35 · Reasoning 59
xhigh––84 tok/s25 s$0.0005
not statedbest56.4#20384 tok/s25 s$0.0005Agents & tools 40 · Coding 51 · Composite 48 · Human preference 56 · Instruction following 80 · Knowledge 60 · Long context 67 · Maths 54 · Multimodal 60 · Reasoning 55

How its index has moved

8 Sept 2026 to 23 Oct 2026
455362

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.

Metadata

Benchmarknot statedSourceTrend
AA Openness Indexnot in index33.3#34Artificial Analysis

Reasoning

Benchmarkno reasoningnot statedSourceTrend
GPQA Diamond81.3%#12090.9%#35Epoch AI Benchmarking Hub
SimpleBencheffort not stated–45.8%#52SimpleBench
Arena Hard Promptseffort not stated–1463#89Arena (LMArena)
LiveBench 2.0 Reasoningnot in indexeffort not stated–74.5%#46LiveBench
LiveBench 1.0 Reasoningnot in indexeffort not stated–74.5%#62LiveBench
GPQA Diamond (AA)not in indexeffort not stated–92.9%#27Artificial Analysis
Humanity's Last Exam (AA)not in indexeffort not stated–39.0%#95Artificial Analysis
GPQA Diamond (Vals)not in indexeffort not stated–92.7%#14Vals AI
CritPteffort not stated–3.7%#171Artificial Analysis
Chess Puzzlesnot in index7.0%#12713.0%#115Epoch AI Benchmarking Hub
Mystery Game Puzzlesnot in index8.0%#1197.0%#123Epoch AI Benchmarking Hub
LMCAnot in indexeffort not stated–33.7%#130Epoch AI Benchmarking Hub
DTBenchnot in indexeffort not stated–78.9%#137Epoch AI Benchmarking Hub
ForecastBenchnot in indexeffort not stated–64.3%#28ForecastBench

Agents & tools

Benchmarknot statedSourceTrend
OSWorld-Verified 2.04.6%#12OSWorld
APEX-Agents37.7%#44Mercor
Arena Agent-9.6#46Arena (LMArena)
LiveBench Long Agenticnot in index12.4%#47LiveBench
LiveBench Browsernot in index8.0%#42LiveBench
LiveBench Agentic Codingnot in index40.7%#61LiveBench
Terminal-Bench Hard42.4%#46Artificial Analysis
τ²-Bench Telecom (AA)not in index88.9%#70Artificial Analysis
Terminal-Bench 2.1 (Vals)53.6%#52Vals AI
HiL-Bench38.3%#21Scale AI SEAL
GDPval-AA v2.1not in index37.1%#68Artificial Analysis
τ³-Banking (AA)15.3%#117Artificial Analysis
Analyst Agent (AA)not in index10.0%#44Artificial Analysis
CyberBenchnot in index65.0%#31Vals AI
Finance Agent v2not in index48.3%#51Vals AI
Finance Agent v2.1not in index54.3%#26Vals AI
Harvey's Legal Agent Benchmark v1not in index4.2%#39Vals AI
Legal Research Benchnot in index29.8%#50Vals AI
SkillsBenchnot in index51.5%#20Vals AI
Tax Agent Benchnot in index20.6%#47Vals AI
Terminal-Bench 2.0 (Vals)not in index46.1%#23Vals AI
Terminal-Bench 4.0 (Vals)not in index1.0%#48Vals AI
GBAEvalnot in index0.9%#16Epoch AI Benchmarking Hub
Vending-Bench 2not in index2157.8#51Andon Labs
AutomationBenchnot in index21.3%#134Artificial Analysis
GDP.pdf (AA)not in index9.8%#134Artificial Analysis
Harvey LAB-AA v1.1not in index0.0%#23Harvey
EnterpriseOps-Gymnot in index32.1%#38Artificial Analysis
AA-Briefcase v1.1not in index1090#47Artificial Analysis
Terminal-Bench-Science 0.1 (AA)not in index0.5%#67Artificial Analysis
CWE-Bench (AA)41.7%#18Artificial Analysis
DeepSec-Bench (AA)1.1%#20Artificial Analysis
CyberGym end-to-end (AA)24.4%#12Artificial Analysis

Maths

Benchmarkno reasoningnot statedSourceTrend
OTIS Mock AIME26.7%#21271.1%#135Epoch AI Benchmarking Hub
ProofBencheffort not stated–18.0%#53Vals AI
LiveBench Mathematicsnot in indexeffort not stated–77.0%#65LiveBench
Arena Mathseffort not stated–1430#105Arena (LMArena)

Knowledge

Benchmarkxhighnot statedSourceTrend
LiveBench 2.0 Data Analysisnot in indexeffort not stated–76.2%#26LiveBench
LiveBench Researchnot in indexeffort not stated–68.0%#37LiveBench
LiveBench 1.0 Data Analysisnot in indexeffort not stated–76.2%#35LiveBench
AA-Omniscienceeffort not stated–1.4#124Artificial Analysis
MMLU-Proeffort not stated–84.2%#63Vals AI
LegalBencheffort not stated–85.4%#21Vals AI
CorpFineffort not stated–68.1%#10Vals AI
TaxEvaleffort not stated–72.7%#57Vals AI
Excel Modeling Benchmarknot in indexeffort not stated–47.8%#55Vals AI
Excel Modeling Benchmark v1.1not in indexeffort not stated–59.8%#28Vals AI
MedCodenot in indexeffort not stated–46.3%#37Vals AI
MedScribenot in indexeffort not stated–87.3%#18Vals AI
Public Benefits Bench v1.1not in indexeffort not stated–64.1%#23Vals AI
DrugDiscoveryBenchnot in index22.8%#19–Scale AI SEAL
AA-Omniscience: accuracynot in indexeffort not stated–16.7%#384Artificial Analysis
AA-Omniscience: non-hallucinationnot in indexeffort not stated–81.6%#12Artificial Analysis

Instruction following

Benchmarknot statedSourceTrend
LiveBench Languagenot in index76.8%#44LiveBench
LiveBench Instruction Followingnot in index57.5%#60LiveBench
IFBench82.9%#2Artificial Analysis
Arena Instruction Followingnot in index1434#88Arena (LMArena)

Human preference

Benchmarknot statedSourceTrend
Arena Text1440#94Arena (LMArena)
EQ-Bench 41150#19EQ-Bench
Arena Creative Writingnot in index1404#102Arena (LMArena)
Arena Multi-turnnot in index1452#83Arena (LMArena)
Arena Longer Queriesnot in index1451#86Arena (LMArena)

Multimodal

Benchmarknot statedSourceTrend
Arena Vision1251#62Arena (LMArena)
LiveBench Designnot in index66.2%#42LiveBench
MMMU-Pro78.5%#69Artificial Analysis
MMMU-Pro (Vals)not in index81.2%#41Vals AI
MortgageTaxnot in index68.4%#16Vals AI
SAGEnot in index50.6%#16Vals AI
AA-3Dnot in index740#20Artificial Analysis

Long context

Benchmarknot statedSourceTrend
AA-LCR83.0%#26Artificial Analysis
Arena Documentnot in index1433#38Arena (LMArena)
MLCRnot in index4.4%#151Artificial Analysis

Composite

Where it wins

Benchmarks where this configuration ranks in the top five of every configuration measured.

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
CoreWeave194 tok/s0.71 s$0.230$0.960262kfp4
Parasail128 tok/s0.58 s$0.300$1.201.0Mfp8
AtlasCloud126 tok/s2.40 s$0.300$1.20524kfp8
ModelRun [by Modular]119 tok/s0.64 s$0.300$1.301.0Mfp8
MiniMax100 tok/s0.91 s$0.300$1.20524kfp8
Together100 tok/s0.41 s$0.300$1.20524k–
NovitaAI85 tok/s1.44 s$0.300$1.201Mfp8
GMICloud56 tok/s2.48 s$0.240$0.9601.0Mfp8
StreamLake54 tok/s5.20 s$0.300$1.201Mfp8
MARA48 tok/s1.83 s$0.600$2.401.0M–
Venice15 tok/s3.57 s$0.300$1.20524kfp8

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 $0.060 per 1M. Reasoning tokens are not modelled.

WorkloadTokens in / outCostWith cachingTime
Chat reply400 / 300$0.0005$0.000428.6 s
Summarize a 30-page report12,000 / 600$0.0043$0.002232.1 s
Code edit6,000 / 1,500$0.0036$0.002542.8 s
Agentic coding session60,000 / 4,000$0.023$0.0121.2 min
Structured extraction2,000 / 200$0.0008$0.000527.4 s

More from MiniMax

New this month

See also

Questions people ask

What are MiniMax M3's benchmark scores?
As of 24 Oct 2026, MiniMax M3 scores 56.4 ±4.6 on the BenchLeader Index, strongest in instruction following (80) and weakest in agents & tools (40). That rests on 35 independent benchmark results, and every score on this page links to its publisher.
How does MiniMax M3 rank?
MiniMax M3 is #203 of 785 ranked configurations on 24 Oct 2026. 273 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 M3 cost per 1M tokens?
As of 24 Oct 2026, MiniMax M3 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 M3 released?
MiniMax released MiniMax M3 on 1 Jun 2026. BenchLeader has results for it at 3 reasoning-effort settings.

Data as of 24 Oct 2026. Compare these configurations.

Cite as: BenchLeader, “MiniMax M3: benchmarks, pricing, speed and rank”, data as of 24 Oct 2026, https://www.benchleader.com/models/minimax-m3.