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MiniMax M2.5 Model Specs, Costs & Benchmarks (July 2026)

MiniMax M2.5, developed by MiniMax, features a context window of 204.8K tokens. The model costs $0.15 per million tokens for input and $0.90 per million tokens for output. It was released on February 12, 2026, and has achieved impressive scores in various benchmarks.
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Overview

MiniMax M2.5MiniMax M2.5
Model Provider
The organization behind this AI's development
MiniMax logoMiniMax
Input Context Window
Maximum input tokens this model can process at once
204.8K
tokens
Output Token Limit
Maximum output tokens this model can generate at once
196.6K
tokens
Release Date
When this model first became publicly available
February 12th, 2026

Pricing

MiniMax M2.5MiniMax M2.5
Input Token Cost
Cost per million input tokens
$0.15
per million tokens
Output Token Cost
Cost per million output tokens
$0.90
per million tokens
Cache Read Cost
Cost to reuse cached input tokens
$0.05
per million tokens

Capabilities & Features

MiniMax M2.5MiniMax M2.5
Input Types
Supported input formats
text
Output Types
Supported output formats
text
Tokenizer
Text encoding system
Other
Key Features
Advanced capabilities
βœ“ Function Callingβœ“ Structured Outputβœ“ Reasoning Mode
Reasoning Controls
Defaults and configurable reasoning effort
Always enabled
Open Source
Model availability

Benchmarks

MiniMax M2.5MiniMax M2.5
Best Design Arena Score
Highest human-preference Elo score across design arenas
1,247 Elo
(#35 in Website (57.5% win rate))

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