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Comparison · 3 models · Updated Oct 4, 2026

Gemma 4 E2B IT vs Mercury 2.5 vs Laguna XS 2.1

Gemma 4 E2B IT comes out ahead, 79 to 71 and 68 on our weighted score, though Mercury 2.5 is 10% cheaper per token.

  1. Our pick

    Google

    Gemma 4 E2B IT

    Released Apr 2, 2026

    79/100
    • ECI—
    • Price$0.07 / $0.09
    • Context131K
  2. Inception

    Mercury 2.5

    Released Sep 8, 2026

    71/100
    • ECI—
    • Price$0.04 / $0.15
    • Context260K
  3. Poolside

    Laguna XS 2.1

    Released Jul 2, 2026

    68/100
    • ECI—
    • Price$0.06 / $0.12
    • Context262K
01 — Verdict

Gemma 4 E2B IT is our pick

Gemma 4 E2B IT is the better all-round choice, scoring 79/100 against Mercury 2.5 (71) and Laguna XS 2.1 (68). It leads on inputs & features. 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 priceMercury 2.5Mercury 2.5 $0.068 · Gemma 4 E2B IT $0.075 · Laguna XS 2.1 $0.075 per 1M tokens (3:1 blend)
  • Longest contextLaguna XS 2.1 and Mercury 2.5Laguna XS 2.1 262,144 · Mercury 2.5 260,000 · Gemma 4 E2B IT 131,072 tokens
  • Widest inputsGemma 4 E2B ITGemma 4 E2B IT: Text, Images, Audio · Mercury 2.5: Text · Laguna XS 2.1: Text
  • Self-hostingGemma 4 E2B IT and Laguna XS 2.1Publishes downloadable weights
How the score is built
MeasureWeightGemma 4 E2B ITMercury 2.5Laguna XS 2.1
Price50%100100100
Inputs & features30%804535
Context window20%243637
Overall100%79/10071/10068/100

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.

Gemma 4 E2B IT vs Mercury 2.5 vs Laguna XS 2.1 specifications side by side
SpecificationGemma 4 E2B ITGoogleMercury 2.5InceptionLaguna XS 2.1Poolside
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.07$0.04 (best)$0.06
Output$0.09 (best)$0.15$0.12
Cached input—$0.004—
Blended (3:1)$0.075$0.068 (best)$0.075
Long-context rateSame rateSame rateSame rate
Price sourceMedian of 2 providersOfficial Inception APIMedian of 1 providers
Limits
Context window131,072 tokens260,000 tokens262,144 tokens (best)
Max output8,192 tokens65,536 tokens (best)32,768 tokens
Inputs and features
TextYesYesYes
ImagesYesNoNo
PDFsNoNoNo
AudioYesNoNo
VideoNoNoNo
ReasoningYesYeslow · medium · highYes
Tool callingYesYesYes
Structured outputYesYesNo
Availability
WeightsOpenProprietaryOpen
API model ID—mercury-2.5poolside/laguna-xs-2.1
API providers214 (best)
ReleasedApr 2, 2026Sep 8, 2026Jul 2, 2026
Knowledge cutoff—Nov 1, 2025—
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.

  • Gemma 4 E2B IT$0.88
  • Mercury 2.5$0.70
  • Laguna XS 2.1$0.84
04 — Questions

Which should you choose?

Which is better: Gemma 4 E2B IT, Mercury 2.5 or Laguna XS 2.1?

Gemma 4 E2B IT is the better all-round choice, scoring 79/100 against Mercury 2.5 (71) and Laguna XS 2.1 (68). It leads on inputs & features. 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, Gemma 4 E2B IT, Mercury 2.5 or Laguna XS 2.1?

Mercury 2.5 is cheaper at $0.04 input / $0.15 output per million tokens (official Inception API price). Gemma 4 E2B IT costs $0.07 input / $0.09 output per million tokens (median across 2 API providers); Laguna XS 2.1 costs $0.06 input / $0.12 output per million tokens (median across 1 API provider; free on Poolside). At a typical mix of three input tokens to one output token, that is $0.068 per million tokens for Mercury 2.5 versus $0.075 for Gemma 4 E2B IT (1.1× as much) and $0.075 for Laguna XS 2.1 (1.1× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Gemma 4 E2B IT has not been scored yet, Mercury 2.5 has not been scored yet and Laguna XS 2.1 has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Gemma 4 E2B IT, Mercury 2.5 and Laguna XS 2.1 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?

Laguna XS 2.1 and Mercury 2.5 have the largest context windows (262,144 and 260,000 tokens), against 131,072 for Gemma 4 E2B IT. Maximum output per response: Gemma 4 E2B IT up to 8,192, Mercury 2.5 up to 65,536, Laguna XS 2.1 up to 32,768 tokens.

Which can read images, PDFs, audio or video?

Gemma 4 E2B IT accepts text, images and audio; Mercury 2.5 accepts text; Laguna XS 2.1 accepts text. Gemma 4 E2B IT handles the widest range of inputs.

Are any of these open source?

Gemma 4 E2B IT and Laguna XS 2.1 publishes its weights and can be self-hosted; Mercury 2.5 is proprietary.

Which is newer?

Mercury 2.5 is the newest, released Sep 8, 2026. Laguna XS 2.1 came out Jul 2, 2026; Gemma 4 E2B IT came out Apr 2, 2026. Knowledge cutoff: Mercury 2.5 Nov 1, 2025.

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 Oct 4, 2026.