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Comparison · 3 models · Updated Nov 2, 2026

DeepSeek V4 Flash Vision Exp vs Mercury 2.5 vs Nemotron 3.5 Super 120B A12B

DeepSeek V4 Flash Vision Exp comes out ahead, 65 to 59 and 55 on our weighted score, though Nemotron 3.5 Super 120B A12B is 15% cheaper per token.

  1. Our pick

    DeepSeek

    DeepSeek V4 Flash Vision Exp

    Released Aug 21, 2026

    65/100
    • ECI—
    • Price$0.216 / $0.647
    • Context1M
  2. Inception

    Mercury 2.5

    Released Sep 8, 2026New

    55/100
    • ECI—
    • Price$0.20 / $0.75
    • Context260K
  3. NVIDIA

    Nemotron 3.5 Super 120B A12B

    Released Oct 15, 2026New

    59/100
    • ECI—
    • Price$0.20 / $0.50
    • Context1.05M
01 — Verdict

DeepSeek V4 Flash Vision Exp is our pick

DeepSeek V4 Flash Vision Exp is the better all-round choice, scoring 65/100 against Nemotron 3.5 Super 120B A12B (59) and Mercury 2.5 (55). It leads on inputs & features. Nemotron 3.5 Super 120B A12B wins on price. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceNemotron 3.5 Super 120B A12BNemotron 3.5 Super 120B A12B $0.275 · DeepSeek V4 Flash Vision Exp $0.323 · Mercury 2.5 $0.338 per 1M tokens (3:1 blend)
  • Longest contextNemotron 3.5 Super 120B A12BNemotron 3.5 Super 120B A12B 1,048,576 · DeepSeek V4 Flash Vision Exp 1,000,000 · Mercury 2.5 260,000 tokens
  • Widest inputsDeepSeek V4 Flash Vision ExpDeepSeek V4 Flash Vision Exp: Text, Images · Mercury 2.5: Text · Nemotron 3.5 Super 120B A12B: Text
  • Self-hostingDeepSeek V4 Flash Vision Exp and Nemotron 3.5 Super 120B A12BPublishes downloadable weights (MIT)
How the score is built
MeasureWeightDeepSeek V4 Flash Vision ExpMercury 2.5Nemotron 3.5 Super 120B A12B
Price50%706973
Inputs & features30%604535
Context window20%603661
Overall100%65/10055/10059/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

DeepSeek V4 Flash Vision Exp vs Mercury 2.5 vs Nemotron 3.5 Super 120B A12B specifications side by side
SpecificationDeepSeek V4 Flash Vision ExpDeepSeekMercury 2.5InceptionNemotron 3.5 Super 120B A12BNVIDIA
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.216$0.20 (best)$0.20 (best)
Output$0.647$0.75$0.50 (best)
Cached input—$0.02—
Blended (3:1)$0.323$0.338$0.275 (best)
Long-context rateSame rateSame rateSame rate
Price sourceMedian of 14 providersOfficial Inception APIMedian of 1 providers
Limits
Context window1,000,000 tokens260,000 tokens1,048,576 tokens (best)
Max output384,000 tokens (best)65,536 tokens131,072 tokens
Inputs and features
TextYesYesYes
ImagesYesNoNo
PDFsNoNoNo
AudioNoNoNo
VideoNoNoNo
ReasoningYesYeslow · medium · highYes
Tool callingYesYesYes
Structured outputNoYesNo
Availability
WeightsOpenMITProprietaryOpen
API model ID—mercury-2.5—
API providers15 (best)61
ReleasedAug 21, 2026Sep 8, 2026Oct 15, 2026
Knowledge cutoff———
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • DeepSeek V4 Flash Vision Exp$3.45
  • Mercury 2.5$3.50
  • Nemotron 3.5 Super 120B A12B$3.00
04 — Questions

Which should you choose?

Which is better: DeepSeek V4 Flash Vision Exp, Mercury 2.5 or Nemotron 3.5 Super 120B A12B?

DeepSeek V4 Flash Vision Exp is the better all-round choice, scoring 65/100 against Nemotron 3.5 Super 120B A12B (59) and Mercury 2.5 (55). It leads on inputs & features. Nemotron 3.5 Super 120B A12B wins on price. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, DeepSeek V4 Flash Vision Exp, Mercury 2.5 or Nemotron 3.5 Super 120B A12B?

Nemotron 3.5 Super 120B A12B is cheaper at $0.20 input / $0.50 output per million tokens (median across 1 API provider). DeepSeek V4 Flash Vision Exp costs $0.216 input / $0.647 output per million tokens (median across 14 API providers); Mercury 2.5 costs $0.20 input / $0.75 output per million tokens (official Inception API price). At a typical mix of three input tokens to one output token, that is $0.275 per million tokens for Nemotron 3.5 Super 120B A12B versus $0.323 for DeepSeek V4 Flash Vision Exp (1.2× as much) and $0.338 for Mercury 2.5 (1.2× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. DeepSeek V4 Flash Vision Exp has not been scored yet, Mercury 2.5 has not been scored yet and Nemotron 3.5 Super 120B A12B has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for DeepSeek V4 Flash Vision Exp, Mercury 2.5 and Nemotron 3.5 Super 120B A12B yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. All three support tool calling for agent workflows.

Which has the bigger context window?

Nemotron 3.5 Super 120B A12B has the largest context window at 1,048,576 tokens, against 1,000,000 for DeepSeek V4 Flash Vision Exp and 260,000 for Mercury 2.5. Maximum output per response: DeepSeek V4 Flash Vision Exp up to 384,000, Mercury 2.5 up to 65,536, Nemotron 3.5 Super 120B A12B up to 131,072 tokens.

Which can read images, PDFs, audio or video?

DeepSeek V4 Flash Vision Exp accepts text and images; Mercury 2.5 accepts text; Nemotron 3.5 Super 120B A12B accepts text. DeepSeek V4 Flash Vision Exp handles the widest range of inputs.

Are any of these open source?

DeepSeek V4 Flash Vision Exp and Nemotron 3.5 Super 120B A12B publishes its weights (MIT) and can be self-hosted; Mercury 2.5 is proprietary.

Which is newer?

Nemotron 3.5 Super 120B A12B is the newest, released Oct 15, 2026. Mercury 2.5 came out Sep 8, 2026; DeepSeek V4 Flash Vision Exp came out Aug 21, 2026.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Nov 2, 2026.