ZMIME
Comparison · 3 models · Updated Nov 2, 2026

GLM-4.6V vs Mercury 2 vs Qwen3.5 9B Base

GLM-4.6V comes out ahead, 58 to 52 and 50 on our weighted score, though Mercury 2 is 17% cheaper per token.

  1. Our pick

    Z.ai (Zhipu)

    GLM-4.6V

    Released Dec 8, 2025

    58/100
    • ECI—
    • Price$0.30 / $0.90
    • Context128K
  2. Inception

    Mercury 2

    Released Feb 24, 2026

    52/100
    • ECI—
    • Price$0.25 / $0.75
    • Context128K
  3. Alibaba (Qwen)

    Qwen3.5 9B Base

    Released Feb 26, 2026

    50/100
    • ECI—
    • Price$0.30 / $0.807
    • Context262K
01 — Verdict

GLM-4.6V is our pick

GLM-4.6V is the better all-round choice, scoring 58/100 against Mercury 2 (52) and Qwen3.5 9B Base (50). It leads on inputs & features. Mercury 2 wins on price. Qwen3.5 9B Base wins on context window. 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 2Mercury 2 $0.375 · Qwen3.5 9B Base $0.427 · GLM-4.6V $0.45 per 1M tokens (3:1 blend)
  • Longest contextQwen3.5 9B BaseQwen3.5 9B Base 262,144 · GLM-4.6V 128,000 · Mercury 2 128,000 tokens
  • Widest inputsGLM-4.6V and Qwen3.5 9B BaseGLM-4.6V: Text, Images, Video · Mercury 2: Text · Qwen3.5 9B Base: Text, Images, Video
  • Self-hostingGLM-4.6V and Qwen3.5 9B BasePublishes downloadable weights (Apache-2.0)
How the score is built
MeasureWeightGLM-4.6VMercury 2Qwen3.5 9B Base
Price50%646765
Inputs & features30%704535
Context window20%242437
Overall100%58/10052/10050/100

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.

GLM-4.6V vs Mercury 2 vs Qwen3.5 9B Base specifications side by side
SpecificationGLM-4.6VZ.ai (Zhipu)Mercury 2InceptionQwen3.5 9B BaseAlibaba (Qwen)
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$0.30$0.25 (best)$0.30
Output$0.90$0.75 (best)$0.807
Cached input$0.05$0.025 (best)—
Blended (3:1)$0.45$0.375 (best)$0.427
Long-context rateSame rateSame rateSame rate
Price sourceOfficial Z.AI APIOfficial Inception APIMedian of 1 providers
Limits
Context window128,000 tokens128,000 tokens262,144 tokens (best)
Max output32,768 tokens50,000 tokens65,536 tokens (best)
Inputs and features
TextYesYesYes
ImagesYesNoYes
PDFsNoNoNo
AudioNoNoNo
VideoYesNoYes
ReasoningYesYeslow · medium · highNo
Tool callingYesYesNo
Structured outputNoYesNo
Availability
WeightsOpenProprietaryOpenApache-2.0
API model IDglm-4.6vmercury-2—
API providers15 (best)71
ReleasedDec 8, 2025Feb 24, 2026Feb 26, 2026
Knowledge cutoffApr 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.

  • GLM-4.6V$4.80
  • Mercury 2$4.00
  • Qwen3.5 9B Base$4.61
04 — Questions

Which should you choose?

Which is better: GLM-4.6V, Mercury 2 or Qwen3.5 9B Base?

GLM-4.6V is the better all-round choice, scoring 58/100 against Mercury 2 (52) and Qwen3.5 9B Base (50). It leads on inputs & features. Mercury 2 wins on price. Qwen3.5 9B Base wins on context window. 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, GLM-4.6V, Mercury 2 or Qwen3.5 9B Base?

Mercury 2 is cheaper at $0.25 input / $0.75 output per million tokens (official Inception API price). Qwen3.5 9B Base costs $0.30 input / $0.807 output per million tokens (median across 1 API provider); GLM-4.6V costs $0.30 input / $0.90 output per million tokens (official Z.AI API price). At a typical mix of three input tokens to one output token, that is $0.375 per million tokens for Mercury 2 versus $0.427 for Qwen3.5 9B Base (1.1× as much) and $0.45 for GLM-4.6V (1.2× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. GLM-4.6V has not been scored yet, Mercury 2 has not been scored yet and Qwen3.5 9B Base has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for GLM-4.6V, Mercury 2 and Qwen3.5 9B Base yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Note that Qwen3.5 9B Base does not support tool calling, which most coding agents need.

Which has the bigger context window?

Qwen3.5 9B Base has the largest context window at 262,144 tokens, against 128,000 for GLM-4.6V and 128,000 for Mercury 2. Maximum output per response: GLM-4.6V up to 32,768, Mercury 2 up to 50,000, Qwen3.5 9B Base up to 65,536 tokens.

Which can read images, PDFs, audio or video?

GLM-4.6V accepts text, images and video; Mercury 2 accepts text; Qwen3.5 9B Base accepts text, images and video. GLM-4.6V handles the widest range of inputs.

Are any of these open source?

GLM-4.6V and Qwen3.5 9B Base publishes its weights (Apache-2.0) and can be self-hosted; Mercury 2 is proprietary.

Which is newer?

Qwen3.5 9B Base is the newest, released Feb 26, 2026. Mercury 2 came out Feb 24, 2026; GLM-4.6V came out Dec 8, 2025. Knowledge cutoff: GLM-4.6V Apr 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 Nov 2, 2026.