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Model details

MiniMax M2.5 (MiniMax)

MiniMax M2.5 is an open-weight large language model developed by MiniMax and released on February 12, 2026, positioned around real-world digital productivity rather than narrow benchmark tuning. Its sparse Mixture-of-Experts architecture carries roughly 229B total parameters while activating only about 10B per token, a design choice that keeps inference economical without sacrificing capability on coding, agentic tool use, web search, and office-document work. The model is text-only, with MiniMax routing vision and audio through separate companion models, and the launch shipped in two variants that share weights but differ in speed: the standard M2.5 and a faster M2.5-Lightning.

Training leaned heavily on reinforcement learning across more than 200,000 simulated digital working environments, and the model was exposed to over ten programming languages spanning full-stack development, which produced an architect-like planning habit where features, structure, and UI are decomposed before code is written. On coding evaluations M2.5 reaches 80.2% on SWE-bench Verified and 76.3% on BrowseComp, while also generating deliverable Word, PowerPoint, and Excel artifacts. Independent provider analysis places M2.5 at an Intelligence Index of 27 with 97 output tokens per second and the lowest blended price among tracked MiniMax models, making it a pragmatic fit for teams that need long-context agentic workflows at competitive cost.

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Provider
LLM Gateway
Model key
minimax/minimax-m2.5
Release date
Feb 12, 2026
Last updated
Feb 12, 2026
Input modalities
Output modalities
Capabilities

Cost

Input token cost
$0.30
Output token cost
$1.20

Limits

Output tokens
131,100 tokens
Context window
204,800 tokens

Transparent token rates

Compare MiniMax M2.5 (MiniMax) pricing

Rates are shown per one million tokens. Combined means one million input plus one million output tokens.

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Latest news about MiniMax M2.5 (MiniMax)

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CoverageBenchmark

Independent benchmark aggregator Artificial Analysis publishes a provider-level comparison of MiniMax's five M-series models, explicitly listing MiniMax-M2.5 metrics: an Intelligence Index score of 23, output speed of 98 tokens per second, blended pricing of $0.20 per 1M tokens, and a 205,000-token context window. Thes In direct comparison with its MiniMax siblings on the same page, M2.5 is positioned as the cost-optimization leader of MiniMax's line, undercutting M3 ($0.22), M2.7 ($0.22), M2.1 ($0.39), and M2 ($0.39) on the same blended $/1M tokens metric, while trailing M3 (227 t/s) and M2.1 (108 t/s) on output speed. The intellige

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